Average Salary for Magna International Employees

Headquartered in Aurora, Ontario, Magna International offers a range of employment opportunities in the manufacturing, from Production Supervisor to Supplier Quality Engineer. Magna International employees bring home $70K annually on average. Geography influences pay for Magna International workers the most, followed by your job title and how long you've been working. This overview is based on answers to PayScale's salary questionnaire.

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Employer: Magna International
Average Salary Range by Job
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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 (approximately $117K per year) can be spotted in Novi, Mich.; Toledo, Ohio ($86K), Troy, Mich. (around $85K), and Auburn Hills, Mich. ($84K) are the next top-paying cities. Expected earnings are below average ($63K) in Holland, Mich., one of the lowest-paid cities. By state, Magna International employees make the most in Michigan, earning about $81K annually on average.

Jobs

Manufacturing Production Managers are awarded the highest paychecks, with compensation nearing $93K per year on average; Software Engineers are next on the list, bringing in close to around $92K, followed by Process Engineers earning approximately $65K and Packaging Engineers making about $64K. Production Supervisors at Magna International do not see much in the way of financial compensation and represent one of the lower-paid positions ($59K on average) at the company.

Years of Experience

For those who claim five to nine years of work experience, pay on average amounts to $82K annually. For those with one to four years of experience, median paychecks reach about $60K per year. The greater proportion of employees (30 percent) report 10-19 years of experience and bring home median pay of approximately $81K annually.

Certifications and Degrees

Being an Engineer in Training certainly has its perks — salaries approach $80K per year and far exceed the paychecks of those without certification. Acquiring certification to be a OSHA Forklift Operator Certification is rewarded with median pay of $78K annually. Employees who have a Bachelor of Science in Bachelor of Science (BS / BSc) make the most here, hauling in around $87K per year.

Skills

When it comes to skills, Leadership seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $95K annually. A skill that is commonly seen around here is Microsoft Office; one in five deem it necessary for work. Other top skills include Project Management, Quality Assurance / Quality Control, and Engineering Design.

Benefits and Perks

Magna International lets only 42 percent take paid vacation and only one in eight respondents take sick leave. A large number of respondents report contributing to a 401(k). Health insurance comes as part of the deal for most workers, and a large number of survey participants report receiving dental coverage as well. Employees can also look forward to a company cell phone, life insurance, tuition reimbursement, and a casual working environment.

Magna International Employer Job Listings

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Key Stats for Magna International

Gender

Female
31 %
Male
69 %
Salary
$43,631 - $95,517
Salary
$58,675 - $87,917
Less than 1 year
3%
1-4 years
34%
5-9 years
20%
10-19 years
26%
20 years or more
17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.

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