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... 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.
4.0
Rated by 77 Employees for salary and benefits
Top Departments at Magna Steyr
| Designation |
Average Salary
Yearly
 |
|---|---|
Design Engineer Experience: 2 - 8
yrs
(204
Salaries) |
₹
7,52,113/year (₹2.9L/yr - ₹13.1L/yr) |
Senior Design Engineer Experience: 5 - 11
yrs
(97
Salaries) |
₹
11,91,088/year (₹6.0L/yr - ₹16.0L/yr) |
Senior Engineer Experience: 3 - 10
yrs
(22
Salaries) |
₹
15,18,722/year (₹8.4L/yr - ₹20.0L/yr) |
Associate Engineer Experience: 1 - 3
yrs
(18
Salaries) |
₹
4,65,210/year (₹3.8L/yr - ₹6.0L/yr) |
Lead Engineer Experience: 7 - 11
yrs
(14
Salaries) |
₹
15,91,959/year (₹11.5L/yr - ₹19.0L/yr) |
CAE Analyst Experience: 3 - 7
yrs
(11
Salaries) |
₹
7,70,000/year (₹5.5L/yr - ₹13.1L/yr) |
Senior Leader Engineer Experience: 9 - 24
yrs
(11
Salaries) |
₹
19,68,616/year (₹11.1L/yr - ₹26.2L/yr) |
Team Lead Experience: 10 - 12
yrs
(10
Salaries) |
₹
16,00,000/year (₹15.0L/yr - ₹18.0L/yr) |
Senior Analyst Experience: 7 - 12
yrs
(8
Salaries) |
₹
12,50,000/year (₹10.4L/yr - ₹13.0L/yr) |
Associate Design Engineer Experience: 1 - 3
yrs
(8
Salaries) |
₹
4,18,105/year (₹3.8L/yr - ₹5.2L/yr) |
Last Updated: 29 Sep, 2023
Magna Steyr Salary FAQs
How much does Magna Steyr pay per year?
The average Magna Steyr salary ranges from approximately ₹4.0 Lakhs per year for a Technical Support Engineer to ₹20.7 Lakhs per year for a Manager. Salary estimates are based on 710 Magna Steyr salaries received from various employees of Magna Steyr. Magna Steyr employees rate the overall salary and benefits package 4.0/5 stars.
What is the highest salary in Magna Steyr?
The highest-paying job at Magna Steyr is a Manager with a salary of ₹20.7 Lakhs per year. The top 10% of employees earn more than ₹17.50 lakhs per year. The top 1% earn more than a whopping ₹34.21 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 Associate Engineer the minimum salary is ₹4.7 Lakhs per year, for Design Engineer the minimum salary is ₹7.5 Lakhs per year and so on.
What is the notice period at Magna Steyr?
According to AmbitionBox, 71% of the Magna Steyr employees reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 378 responses on AmbitionBox in last 2 years.
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- Magna Steyr Salaries
Average annual salary in Magna Steyr is INR 10.9 lakhs . Salary estimates are based on 710 Magna Steyr latest salaries received from various employees of Magna Steyr.