When it comes to location, the highest average paycheck ($111K annually) can be spotted in Troy, Mich.; Detroit, Mich. ($94K), Novi, Mich. (about $90K), and Bowling Green, Ky. (approximately $87K) are the next top-paying cities. Greenville, S.C. ranks low on the pay scale — at around $58K, it is one of the lowest-paid cities. By state, Magna Automotive pays its Michigan employees the most; the pay rate there is $88K per year.
The highest paychecks go to Operations Managers, who earn an average $100K annually, closely trailed by Senior Supplier Quality Engineers (about $85K), Production Supervisors ($80K), and Industrial Engineers (approximately $72K). Near the bottom at Magna Automotive are Material Planners, pulling in an average of just around $50K.
Years of Experience
For those with one to four years of experience, median paychecks reach $57K per year. For those who claim five to nine years of work experience, pay on average amounts to about $64K annually. The largest fraction of Magna Automotive people (30 percent) have been working for 10-19 years and earn approximately $79K per year on average.
Certifications and Degrees
Certified Six Sigma Green Belts earn around $84K annually, far more than their non-accredited counterparts. Earning a Lean Six Sigma Certification certification garners significant financial rewards of $78K per year on average. Regarding salaries and education, Magna Automotive pays those with a Master of Science (MS) the most — $96K.
The highest-paying skill to have in this role seems to be People Management; employees claiming this as part of the toolbox earn a median of $93K annually. Folks here also tend to know Microsoft Office; on the survey, close to one-fourth of workers named it in their skills portfolios. Key skills also include Engineering Design, Project Management, and Microsoft Excel.
With a more than 3 to 1 male-to-female ratio, men represent the better half of Magna Automotive's employees who responded to the survey.
Benefits and Perks
A large number of respondents take advantage of the 401(k) plan that Magna Automotive sponsors. Health insurance is part of the package for nearly all workers, and for most survey participants, dental coverage is too. Some other advantages of working at Magna Automotive are a subsidized cell phone, a casual working environment, tuition reimbursement, life insurance, and 401(a).