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Magna Steyr

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Magna Steyr Salaries in India (Updated 2025)

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Salaries by designations

Based on 876 salaries · Updated: 15 Jul 2025
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Designation Avg Annual Salary Open Jobs
2 - 10 years exp. (216 salaries)
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₹4.2 L/yr - ₹15.4 L/yr

7 - 10 years exp. (133 salaries)
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₹11.2 L/yr - ₹18.7 L/yr

9 - 15 years exp. (40 salaries)
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₹13.8 L/yr - ₹25 L/yr

4 - 10 years exp. (37 salaries)
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₹14.8 L/yr - ₹27 L/yr

1 - 3 years exp. (32 salaries)
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₹3.8 L/yr - ₹7 L/yr

11 - 16 years exp. (19 salaries)
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₹22.7 L/yr - ₹37 L/yr

0 - 1 year exp. (12 salaries)
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₹3.2 L/yr - ₹3.8 L/yr

10 - 12 years exp. (11 salaries)
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₹15.1 L/yr - ₹22 L/yr

3 - 7 years exp. (9 salaries)
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₹6.1 L/yr - ₹13.3 L/yr

1 - 3 years exp. (9 salaries)
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₹3.7 L/yr - ₹5.4 L/yr

3 - 13 years exp. (7 salaries)
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₹4 L/yr - ₹19.5 L/yr

11 - 14 years exp. (6 salaries)
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₹10.3 L/yr - ₹19.1 L/yr

5 - 9 years exp. (6 salaries)
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₹17.1 L/yr - ₹32.8 L/yr

6 - 9 years exp. (5 salaries)
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₹9.2 L/yr - ₹16 L/yr

6 - 9 years exp. (5 salaries)
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₹10 L/yr - ₹16.4 L/yr

2 - 7 years exp. (5 salaries)
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₹6.5 L/yr - ₹10.9 L/yr

2 - 8 years exp. (5 salaries)
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₹4 L/yr - ₹16.2 L/yr

3 - 4 years exp. (5 salaries)
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₹11.1 L/yr - ₹20.7 L/yr

10 - 12 years exp. (4 salaries)
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₹15 L/yr - ₹19 L/yr

3 - 5 years exp. (4 salaries)
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₹4.1 L/yr - ₹8.2 L/yr

Latest salaries by Magna Steyr employees

3d ago

Senior Design Engineer

9 years exp.

₹16.2 Lakhs
4d ago

Engineer

3 years exp.

₹7 Lakhs
4d ago

Senior Software Engineer

5 years exp.

₹19 Lakhs
5d ago

Senior Leader Engineer

16 years exp.

₹27.4 Lakhs
5d ago

Lead Engineer

13 years exp.

₹16.4 Lakhs
1w ago

Senior Engineer

7 years exp.

avg blur mobile
2w ago

Lead Design Engineer

11 years exp.

avg blur mobile
2w ago

Senior Devops Engineer

10 years exp.

avg blur mobile
2w ago

Design Engineer

3 years exp.

avg blur mobile
3w ago

Associate Engineer

2 years exp.

avg blur mobile

View all latest salaries

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Magna Steyr

4.1

Rated by 124 employees for salary & benefits

Research & Development Department

5.0
  •  updated 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.

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  updated 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

Research & Development Department

5.0
  •  updated 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
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Magna Steyr Salary FAQs

How much does Magna Steyr pay to its employees?
The average annual salary at Magna Steyr varies depending on the role, experience, and location. The salary ranges for some popular designations at Magna Steyr, are as follows:

Design Engineer ₹4.2 Lakhs to ₹15.4 Lakhs per year
Senior Design Engineer ₹11.2 Lakhs to ₹18.7 Lakhs per year
Lead Engineer ₹13.8 Lakhs to ₹25 Lakhs per year
Senior Engineer ₹14.8 Lakhs to ₹27 Lakhs per year

The highest-paying role, Senior Leader Engineer, earns between ₹22.7 Lakhs to ₹37 Lakhs per year. The top 10% of employees earn more than ₹20.5 Lakhs per year, and the top 1% earn over ₹36 Lakhs per year. Salaries at Magna Steyr can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 876 salaries submitted by Magna Steyr employees. Magna Steyr is rated 4.1 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Magna Steyr in India?
The salary of a fresher at Magna Steyr in India typically ranges from ₹3.2 Lakhs to ₹3.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Graduate Engineer Trainee (Get) Salary ₹3.2 Lakhs to ₹3.8 Lakhs per year
Fresher as a Graduate Trainee Salary ₹3.4 Lakhs to ₹4.3 Lakhs per year
Fresher as a Software Developer Intern Salary ₹0.9 Lakhs to ₹1.2 Lakhs per year
Fresher as a Lead Developer Salary ₹11.7 Lakhs to ₹14.9 Lakhs per year

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Average annual salary in Magna Steyr is INRunlock blur . Salary estimates are based on 800+ Magna Steyr latest salaries received from various employees of Magna Steyr.

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