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Average Salary for Magna International Employees

Headquartered in Aurora, Ontario, Magna International offers a range of employment opportunities in the manufacturing industry, from Engineering Program Manager to Product Engineer. Compensation for Magna International employees tends to be around $70K annually. Though what you do at the company and how long you've been working do impact pay, where you live is the primary influence on employee salary at Magna International. This report is based on answers to PayScale's salary questionnaire.

How This Employer Pays

Magna International typically pays:
-3%
below market

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Employer: Magna International
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Buyer (3)
$31,307 - $78,315  
   
[-]Buyer (3)
Salary$42,258 - $78,713  
   
Bonus$222.96 - $4,728  
Profit Disbursement$418.12 - $6,131  
Total Pay$31,307 - $78,315  
[+]Product Engineer (3)
$57,534 - $92,168  
   
[+]Product Engineer (3)
Salary$53,053 - $83,981  
   
Bonus$1,248 - $11,872  
Profit Disbursement$642 - $6,004  
Total Pay$57,534 - $92,168  
[+]Program Manager, Engineering (3)
$69,952 - $146,266  
   
[+]Program Manager, Engineering (3)
Salary$72,336 - $144,560  
   
Bonus$1,324 - $16,338  
Total Pay$69,952 - $146,266  
[+]Environmental Health & Safety (EHS) Coordinator (2)
$39,190 - $89,509  
   
[+]Environmental Health & Safety (EHS) Coordinator (2)
Salary$42,539 - $80,849  
   
Total Pay$39,190 - $89,509  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 30 Oct 2014 | Individuals Reporting: 77
United States (change)

Magna International Details

337 Magna Drive
Aurora, Ontario

1957

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

84,000

Suggest changes »

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

Locations

Median pay is highest in Novi (about $115K per year), followed by Detroit (approximately $87K), Carrollton ($70K), and Troy (around $69K). Expected earnings are below average ($43K) in Toledo, one of the lowest-paid cities. By state, the highest pay levels are found in Missouri, where the average Magna International employee makes $88K annually.

Jobs

The highest paychecks go to Engineering Program Managers, who earn around $115K, closely trailed by Human Resources Managers ($88K), Supplier Quality Engineers ($73K), and Product Engineers ($65K). Executive Assistants are among the lowest paid at approximately $56K.

Years of Experience

Survey participants who have worked at Magna International for between five and ten years haul in about $76K on average. For those with one to four years of experience, paychecks typically reach $60K. Overall, the greater share of Magna International folks have 20 years or more of experience and earn $82K per year.

Certifications and Degrees

Monetary compensation comes to approximately $94K for OSHA Forklift Operator Certifications, far surpassing the earnings of non-credentialed workers. Becoming a Professional Engineer License Holder can certainly pay off here; those folks make $82K. At Magna International, employees who hold a Bachelor's Degree receive the highest salaries at about $83K.

Skills

The best paying skill to have in this role appears to be Program Management; employees who claim this ability report median compensation of around $108K. Microsoft Excel is a popular skill among Magna International workers, with roughly a sixth of those surveyed reporting using it on the job. Key skills also include Microsoft Office, Engineering Design, and Project Management.

Gender

Employees skew strongly male, with a male-to-female ratio of more than 3 to 1.

Benefits and Perks

Paid time off is scarce, with only about 43 percent receiving paid vacation and close to an eighth of workers receiving sick leave. Almost all workers plan for retirement by taking advantage of the company-sponsored 401(k) program. At Magna International, the vast majority of workers have health insurance, and almost all employees have dental coverage. Perks also include a company cell phone, life insurance, a casual working environment, and tuition reimbursement.

Key Stats

Female
15 %
Male
85 %
Salary
$52,793 - $84,507
Salary
$43,677 - $88,526
Less than 1 year
3%
1-4 years
35%
5-9 years
13%
10-19 years
25%
20 years or more
25%
Highly satisfied
Rated 4 out of 5
based on 21 votes.

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