Average Salary for Magna International Employees

Magna International is a manufacturing firm headquartered in Aurora, Ontario that hires for Process Engineer positions, Packaging Engineer roles, and more. A salary of $70K annually is the median rate at Magna International. For the most part, employee paychecks at Magna International fluctuate depending on where you live; what you do at the company and how long you've been working also matter, but to a lesser degree. This overview is based on answers to PayScale's salary questionnaire.

Read More
Employer: Magna International
Average Salary Range by Job
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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 ($129K per year) can be spotted in Novi, Mich.; Auburn Hills, Mich. ($85K), Troy, Mich. (about $73K), and Carrollton, Ga. (approximately $70K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Howell, Mich. — at around $50K, salaries are some of the lowest in the country. Within the company, workers earn the highest salaries (an average of $93K annually) in Alabama.

Jobs

The highest paychecks go to Manufacturing Production Managers, who earn an average $93K per year, closely trailed by Human Resources Managers (around $88K), Product Engineers ($70K), and Process Engineers (approximately $65K). Earning only $56K on average, Executive Assistants make less than most people in the company.

Years of Experience

Between the one and five year mark, median pay is about $62K annually. For those with five to nine years of experience, average earnings amount to $76K per year. The largest slice of the Magna International workforce (27 percent) has been working for 20 years or more and earns, on average, $75K annually.

Certifications and Degrees

Being a Professional Engineer License Holder certainly has its perks — salaries approach about $82K per year and far exceed the paychecks of those without certification. Engineer in Trainings with credentials can live quite comfortably; median salaries come in at $80K annually. Regarding salaries and education, Magna International pays those with a Bachelor of Science in Human Resources Management (HRM) the most — around $83K.

Skills

When it comes to skills, employees who report Leadership among their abilities seem to make the most, reporting a median income of approximately $103K per year. Microsoft Office is regularly seen around here; approximately one in four of those surveyed report it as a core competency. Engineering Design, Microsoft Excel, and Project Management were also reported by many survey participants.

Benefits and Perks

Magna International lets only one in three employees take paid vacation and only one in seven employees take sick leave. Most workers set aside retirement funds in an employer-sponsored 401(k). Almost all respondents receive health insurance, and the vast majority of respondents get dental coverage. The company also dishes out perks such as a company cell phone, life insurance, a casual working environment, and tuition reimbursement.

Magna International Job Listings

Search for more jobs:

Key Stats for Magna International

Gender

Female
24 %
Male
76 %
Salary
$33,451 - $93,478
Salary
$54,770 - $91,038
Less than 1 year
3%
1-4 years
34%
5-9 years
18%
10-19 years
22%
20 years or more
22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 17 votes.

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »
United States (change)

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.
newsletter icon

ADVERTISEMENT

Recent Blog Posts on Career News

Want to Get More Specific? Get a Salary Report Customized for YOU

Tell us about your current job and your skillset, and we’ll let you know how much employers are paying in your area.