Average Salary for Magna International Employees

Magna International is a manufacturing firm headquartered in Aurora, Ontario that hires for Product Engineer positions, Production Supervisor roles, and more. Magna International employees bring home $70K annually on average. How long you've been working influences pay for Magna International workers the most, followed by where you live and your role at the company. The data in this summary comes from the PayScale salary survey.

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Magna International Median Salary by Job

MinMax

Production Supervisor
3 profiles
$58,156
$41K$81K

Quality Engineer, Metal Machining
3 profiles
$61,559
$48K$78K

Facilities Engineer
3 profiles
$56,472
$42K$74K

Product Engineer
3 profiles
$71,216
$52K$99K

Automation Engineer
3 profiles
$69,945
$51K$95K

Senior Buyer
2 profiles
$61,652
$45K$88K

Manufacturing Engineer
2 profiles
$68,832
$49K$96K

  Precise  
  Estimated  
  • Currency: USD
  • Updated: 19 Jul 2017
  • Individuals Reporting: 60
  • View Table

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Find out more about pay at Magna International

About This Company

337 Magna Drive
Aurora, Ontario 

1957

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

84,000


Source: Freebase

Years of Experience

Average pay is approximately $82K per year for those with five to nine years of experience. When we consider tenure, a substantial portion of employees (33 percent) have been working for one to four years and make around $61K annually on average.

Locations

When it comes to location, the highest average paycheck ($85K per year) can be spotted in Troy, Mich.; Auburn Hills, Mich. (about $76K), Detroit, Mich. ($76K), and Warren, Mich. ($70K) are the next top-paying cities. Toledo, Ohio is one of the lowest-paid cities, with earnings averaging $58K. Within the firm, employees working in Georgia take home the most — around $83K annually on average.

Jobs

The highest paychecks go to Manufacturing Engineers, who earn an average $70K per year, closely trailed by Automation Engineers (about $70K), Product Engineers (approximately $64K), and Senior Buyers ($58K). Supplier Quality Engineers at Magna International do not see much in the way of financial compensation and represent one of the lower-paid positions (approximately $50K on average) at the company.

Certifications and Degrees

Being a Project Management Professional certainly has its perks — salaries approach around $105K annually and far exceed the paychecks of those without certification. Certified Six Sigma Green Belts with credentials can live quite comfortably; median salaries come in at about $70K per year. Employees who have a Bachelor of Engineering in Bachelor of Engineering Technology (BET) make the most here, hauling in $81K annually.

Skills

The highest-paying skill to have in this role seems to be Project Management; employees claiming this as part of the toolbox earn a median of $75K per year. It's pretty common to find people here who know Microsoft Excel; approximately one in five consider it a key competency. Quality Assurance / Quality Control, Microsoft Office, and Lean Manufacturing were also reported by many survey participants.

Benefits and Perks

Paid time off is scarce, with only about 35 percent receiving paid vacation and nearly one in eight workers receiving sick leave. A 401(k) program is available, and a large number of respondents use it to save for retirement. Nearly all respondents receive health insurance, and most respondents get dental coverage. The list of perks also includes a company cell phone, life insurance, tuition reimbursement, and a casual working environment.

Magna International Job Listings

Key Stats for Magna International

Gender

Female
32 %
Male
68 %
Salary
$47,111 - $85,489
Salary
$49,316 - $80,246

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.
Less than 1 year
10%
1-4 years
40%
5-9 years
15%
10-19 years
24%
20 years or more
10%
Bachelor of Science, Mechanical Engineering (BSME)
$61,042 - $89,321
$54,352 - $66,129
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Years in Fields/Career:
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