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Magna Steyr

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4.2

based on 105 Reviews

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Magna Steyr Salaries in India (Updated 2025)

based on 828 latest salaries
Explore Salaries by Departments
Research & Development Engineering - Software & QA Production, Manufacturing & Engineering Human Resources + 6 more
Designation Avg Annual Salary Open Jobs

Design & Development Engineer

4 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Manager Learning & Development

16 years exp. (AmbitionBox Estimate)
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₹20.8 L/yr - ₹26.5 L/yr

Associate Analyst

2 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr

Embedded Testing Engineer

6 years exp. (AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr

Senior Mechanical Design Engineer

8 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.6 L/yr

Department Manager

12 years exp. (AmbitionBox Estimate)
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₹24.3 L/yr - ₹31 L/yr

Lead Developer

Fresher (AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.5 L/yr

Senior Lead Analyst

16 years exp. (AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr

Post Graduate Engineer Trainee [pget]

Experience: NA  (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Embedded Engineer

3 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr

Senior Lead

13 years exp. (AmbitionBox Estimate)
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₹23.4 L/yr - ₹29.9 L/yr

Senior Associate Engineer

2 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr

Department Head

20 years exp. (AmbitionBox Estimate)
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₹34.2 L/yr - ₹43.7 L/yr

Embedded Software Developer

Experience: NA  (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

CAD Design Engineer

4 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Automation Engineer

6 years exp. (AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.2 L/yr

IT Engineer

5 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Senior Instrument Engineer

11 years exp. (AmbitionBox Estimate)
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₹6.9 L/yr - ₹8.8 L/yr

Senior NPD Engineer

7 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Trainee Design Engineer

Fresher (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Last Updated: 9 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Salary related reviews for Magna Steyr

3.8

Rated by 105 employees for salary & benefits

Design Engineer in Pune

Research & Development Department

5.0
  •  posted on 21 Aug 2018
3.0
 for  Salary and Benefits

Likes

...o learn. I started my career as fresher in magna and now I know how lucky i was. I only left magna for salary hike and to check whether other companies are as good as magna or not. And now I know magna is best.

read more
  • Skill development - Good
    • +5 more

Dislikes

Even though for freshers increment % is good but because of initial low package it doesn't make big difference.

Team Manager in Bavdhan, Pune

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 23 Dec 2024
5.0
 for  Salary and Benefits

Likes

Getting good exposure considering the versatile engineering project. Work freedom, also the open door policy where you can talk directly with anyone for your concerns. Good cultured organization.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Office location & ambiance

Engineer in Pune

Research & Development Department

5.0
  •  posted on 27 Jun 2022
4.0
 for  Salary and Benefits

Likes

Work life balance is excellent Teammates are supportive and job security is best in class

  • Salary - Good
    • +4 more

Dislikes

There is politics and you may face it in any company so it’s not new for me if anyone decides to go against manager then he will be targeted

read more
see more salary related reviews

Magna Steyr interview questions by designations

Design Engineer (3)Software Engineer (1)Senior Design Engineer (1)
View all 5 interview experiences
More about working at Magna Steyr

Magna Steyr Salary FAQs

How much does Magna Steyr pay per year?
The average Magna Steyr salary ranges from approximately ₹3.2 Lakhs to ₹3.8 Lakhs per year for a Graduate Engineer Trainee (Get) and ₹13 Lakhs to ₹37 Lakhs per year for a Senior Leader Engineer. Salary estimates are based on 828 Magna Steyr salaries received from various employees of Magna Steyr. Magna Steyr employees rate the overall salary and benefits package 3.8/5 stars.
What is the highest salary in Magna Steyr?
The highest-paying job at Magna Steyr is a Senior Leader Engineer with a salary of ₹13 Lakhs to ₹37 Lakhs per year. The top 10% of employees earn more than ₹19.88 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in Magna Steyr?
Minimum salary at Magna Steyr depends on the role you are applying for. For Graduate Engineer Trainee (Get) the minimum salary is ₹3.2 Lakhs to ₹3.8 Lakhs per year, and for Associate Engineer the minimum salary is ₹3.8 Lakhs to ₹7 Lakhs per year and so on.
What is the salary package for freshers in Magna Steyr?
The average salary at Magna Steyr for freshers is ₹3.6 Lakhs per year for Graduate Engineer Trainee (Get).
What is the notice period at Magna Steyr?
According to AmbitionBox, 78% of the Magna Steyr employees reported a notice period of 3 Months, 10% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 366 responses on AmbitionBox in last 2 years.

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Magna Steyr Salaries by Location

Average annual salary in Magna Steyr is INRunlock blur . Salary estimates are based on 828 Magna Steyr latest salaries received from various employees of Magna Steyr.

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