When it comes to location, the highest average paycheck ($115K annually) can be spotted in Troy, Mich.; Detroit, Mich. (around $96K), Toledo, Ohio (about $95K), and Novi, Mich. ($83K) are the next top-paying cities. High paychecks are not found in Nashville, Ill.; in fact, at $54K it is one of the worst-paid cities. Across Magna Automotive's U.S. offices, employees in the state of Michigan earn the most, taking home approximately $86K per year.
Operations Managers are awarded the highest paychecks, with compensation nearing about $105K annually on average; Senior CAD Designers are next on the list, bringing in close to $100K, followed by Quality Managers earning approximately $98K and Information Technology Managers making $96K. On the lower end are Materials Supervisors at $53K on average.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to around $62K per year. Between the one and five year mark, median pay is $55K annually. Broken down by tenure, the largest share of Magna Automotive employees (29 percent) have 10-19 years of experience and earn around $73K per year on average.
Certifications and Degrees
Computer Aided Drafting and Design Certificate Holders are compensated at a much higher rate than non-authorized workers, bringing in close to $100K annually. Acquiring certification to be a ISO9001:2000 Certified Lead Auditor is rewarded with median pay of approximately $96K per year. Magna Automotive workers who hold a B.A. in Bachelor of Arts (BA) are also well compensated, earning $123K on average.
When it comes to skills, Leadership seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $100K annually. Microsoft Office is a popular skill in the Magna Automotive workforce; approximately one-fourth of those surveyed report putting it to use in their jobs. Key skills also include Microsoft Excel, Project Management, and Engineering Design.
Benefits and Perks
A large number of survey participants set aside retirement funds in an employer-sponsored 401(k). At Magna Automotive, most employees have health insurance, and a large number of workers have dental coverage. Magna Automotive folks also make good use of a subsidized cell phone, a casual working environment, 401(a), tuition reimbursement, and flexible hours.