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Average Salary for Magna Automotive Employees

Headquartered in Aurora, Ontario, Magna Automotive offers a range of employment opportunities in the manufacturing, from Engineering Program Manager to Quality Manager. An average Magna Automotive employee can expect to make $71K per year. Magna Automotive paychecks are largely negotiated based on geography, though your experience level and your job title are also considered. The data in this summary comes from the PayScale salary survey.

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How This Employer Pays

Magna Automotive typically pays:
-3%
below market

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Employer: Magna Automotive
Average Salary Range by Job

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United States (change)


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About This Company

337 Magna Drive
Aurora, Ontario 

1957

Manufacturing, Motor Vehicle Body Manufacturing, Motor Vehicle Parts and Accessories

84,000


Freebase CC-BY Source: Freebase, licensed under CC-BY

Locations

When it comes to location, the highest average paycheck ($115K annually) can be spotted in Troy, Mich.; Toledo, Ohio (about $98K), Detroit, Mich. (approximately $96K), and Greenville, S.C. (around $86K) are the next top-paying cities. Grand Rapids, Mich. is one of the lowest-paid cities, with earnings averaging $70K. By state, Ohio offers the highest pay at $95K per year.

Years of Experience

For those with five to nine years of experience, average earnings amount to approximately $62K annually. Between the one and five year mark, median pay is $56K per year. The greater proportion of employees (35 percent) report 20 years or more of experience and bring home median pay of about $99K annually.

Jobs

Engineering Program Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $107K per year — though Quality Managers, Information Technology Managers, and Maintenance Supervisors also do fairly well at $98K, around $98K, and approximately $65K, respectively. Project Engineers make an average $65K, close to the bottom of the company pay scale.

Certifications and Degrees

Monetary compensation comes to around $85K annually for Certified Six Sigma Green Belts, far surpassing the earnings of non-credentialed workers. On average, salaries rise to $73K per year for accredited Professional Engineer License Holders. Magna Automotive workers who hold a Bachelor of Science in Engineering are also well compensated, earning $102K on average.

Skills

The highest-paying skill to have in this role seems to be Leadership; employees claiming this as part of the toolbox earn a median of about $100K annually. A relatively widespread skill at Magna Automotive is Project Management; slightly less than a third of employees use it for work. Three more common skills are Microsoft Office, Microsoft Excel, and Engineering Design.

Benefits and Perks

Magna Automotive sponsors a 401(k) program, and most respondents use this option to save for their retirement. Health insurance comes as part of the deal for a large number of workers, and a large number of survey participants report receiving dental coverage as well. Magna Automotive employees also enjoy perks such as a subsidized cell phone, a casual working environment, flexible hours, tuition reimbursement, and 401(a).

Key Stats for Magna Automotive

Gender

Female
22 %
Male
78 %
Salary
$23,741 - $98,870
Salary
$44,809 - $96,995
Less than 1 year
4%
1-4 years
23%
5-9 years
19%
10-19 years
23%
20 years or more
33%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.
United States (change)

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