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Magna International

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Magna International

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Magna International Compensation FAQ

Read what Magna International employees think about their compensation at the company.

Magna International has a compensation and benefits rating of 3.7. If you want to know how much Magna International employees make, head to their Salaries page to see a list of salaries per occupation, along with bonuses.

All answers shown come directly from Magna International Reviews and are not edited or altered.

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Benefits
Career Development
Compensation
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Management
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Work Life Balance
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11 English questions out of 11

July 20, 2021

Does Magna International offer a quarterly bonus?

Pros

Great Benefits 401K, medical, dental, Profit sharing, Quarterly bonuses..

Cons

No job security and very hectic work environment.

Great Benefits 401K, medical, dental, Profit sharing, Quarterly bonuses..

July 20, 2021

See answer

May 9, 2021

What is the salary like at Magna International?

Pros

Great Benefits, good pay, great coworkers, Gives you a lot of autonomy

Cons

Long hours, high turnover, very demanding workplace

Advice to Management

Realign your priorities and give support to area in need. It takes an act of congress to get anything done.

Great Benefits, good pay, great coworkers, Gives you a lot of autonomy

May 9, 2021

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March 7, 2021

Does Magna International offer a monthly bonus?

Pros

Timely salary every month nothing

Cons

Heavy work load in some department

Timely salary every month nothing

March 7, 2021

See answer

February 26, 2022

What are other benefits and incentives like at Magna International?

Pros

Good salary and benefits, work and personal life balance

Cons

I don’t think there is any of you do your work well

Advice to Management

Yes

Good salary and benefits, work and personal life balance

February 26, 2022

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February 20, 2022

Does Magna International offer a yearly bonus?

Pros

Easy work, Raises every year, Christmas bonus

Cons

short breaks, 7 days a week

Easy work, Raises every year, Christmas bonus

February 20, 2022

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11 English questions out of 11

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Magna is one of the world’s largest automotive suppliers. We partner with leading automakers to push the boundaries of technology, backing...More

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Company Updates

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Magna International

4 days ago

Company News
We applaud our Innovative Manufacturing Technologies (IMT) team for developing new laser welding technology for joining copper busbars in inverters. This process reduces packaging, power lost, and our carbon footprint. Great job IMT, we are excited to implement this at our plant in Kechnec, Slovakia! #MagnaSustainability
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