Years of Experience
Survey participants who have worked at Magna Automotive for between five and 10 years earn approximately $60K annually on average. Workers who have been with the company for more than one year but less than five can make about $55K per year on average. The greater proportion of employees (35 percent) report 20 years or more of experience and bring home median pay of around $100K annually.
When it comes to location, the highest average paycheck ($115K per year) can be spotted in Troy, Mich.; Toledo, Ohio ($100K), Detroit, Mich. ($96K), and Greenville, S.C. (about $86K) are the next top-paying cities. Approaching the lower end of the pay scale (at $70K) is Grand Rapids, Mich. Across its U.S. offices, the state of Michigan pays Magna Automotive the most — $83K annually on average.
Bringing in the most money are Engineering Program Managers — their earnings average approximately $107K per year. Quality Managers are a close second at around $98K along with Maintenance Supervisors ($65K) and Project Engineers (around $65K).
Certifications and Degrees
Those lacking certification bring in much lower salaries than Certified Six Sigma Green Belts, who make approximately $85K annually. OSHA Forklift Operator Certifications also rank high on the pay scale, with expected average earnings of $68K per year. Magna Automotive workers who hold a Bachelor of Science in Engineering are also well compensated, earning about $102K on average.
In this position, it pays to have Program Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $132K annually. A skill that is commonly seen around here is Project Management; one in four deem it necessary for work. Microsoft Office, Microsoft Excel, and Microsoft Word were also reported by many survey participants.
Benefits and Perks
The benefits packages at Magna Automotive can sometimes lack paid time off; a sixth of workers get paid vacation days, and 8 percent receive paid sick leave. For employees looking to save up for their golden years, Magna Automotive provides an optional 401(k) plan, and a large number of survey participants participate. Most respondents receive health insurance, and a fair number of workers get dental coverage. A few more workplace perks are a subsidized cell phone, a casual working environment, flexible hours, and 401(a).