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Magna Steyr

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based on 77 Reviews

HQ - Aurora, Ontario, Canada Automobile 51-200 Employees (India)
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Magna Steyr Salaries in India

based on 710 latest salaries


Rated by 77 Employees for salary and benefits

Top Departments at Magna Steyr
Designation Average Salary
Yearly arrow-down

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.

Reviews which talk about salary at Magna Steyr

Design Engineer in PUNE

Engineering & Manufacturing Department

posted on 21 Aug 2018

3.0 for Salary and Benefits


... 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.


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

Work Details

Work days: Monday to Friday (Flexible Timings)

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Tell us how to improve this page.

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.