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Magna International Overview

Industry
Manufacturing
Revenue
Headquarters
Employees
169,000
Founded In
Website
Organization Type
Public
Social Media

Magna International is a manufacturing company focusing on automotive parts, original equipment, and diverse demographic representation. Established in 1957 in Canada, the company has grown to become the largest automobile parts manufacturer in North America by sales of original equipment parts and one of Canada's biggest companies. Headquartered in Aurora, Ontario, Magna International has expanded its operations, boasting a significant presence in the United States with a base in Troy, MI.

With 169,000 employees and an annual revenue of $40.8 billion, this industry leader provides competitive salaries for its workforce. Some of its highest-paying competitors include Decoma International of America, Inc., Igloo Coolers, and Viam TN. Despite political differences among its employees, Magna International maintains a happy working environment with great employee retention, as staff members tend to stay for an average of 3.4 years. The company is led by CEO Donald Walker, who continues to guide Magna International toward further growth and success.

Magna International's Mission Statement

We aim to be our customers' preferred global supplier partner for the automotive industry, by delivering the best value built on innovative products and processes and World Class Manufacturing.

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3.7/5

Magna International employee reviews

Based on 12 ratings

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Job openings at Magna International
447 Positions
Average salary at Magna International
$47,494 yearly

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Magna International employee reviews

Magna International employee reviews
3.7/5

Based On 12 Ratings

Work At Magna International? Share your experience.
Employee Reviews
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5.0
A zippia user wrote a review on Jan 2025
Pros of working at Magna International

All pro for everyone else besides operators

Cons of working at Magna International

Management Human resources Operator pay is not fair

Magna International Benefits

None

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1.0
A zippia user wrote a review on Mar 2024
Pros of working at Magna International

Nothing

Cons of working at Magna International

No work life balance, minimum training, no onboarding, and everything is learn as you go (trial and error).

Magna International Benefits

Plenty of hours and overtime.

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3.0
A zippia user wrote a review on Oct 2023
Pros of working at Magna International

Decent pay, great office locations, fulfilling work.

Cons of working at Magna International

Not much opportunity for advancement, company too large for positive office culture.

Magna International Benefits

Awesome health insurance

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4.0
A zippia user wrote a review on May 2023
Pros of working at Magna International

It my own company.

Cons of working at Magna International

Am a staffing company

Magna International Benefits

Health /benefits.i like having my own company coz i like having the health benefits in my company. When i am sick i will take a sick live.

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4.0
A zippia user wrote a review on Oct 2021
Pros of working at Magna International

Work Life Balance

Cons of working at Magna International

Salary

Magna International Benefits

Bonus, Retirement Plan, pay for education, health care benefits

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5.0
A zippia user wrote a review on Oct 2020
Pros of working at Magna International

Team work

Cons of working at Magna International

Not a permanent position ,contract position

Magna International Benefits

Job safety ,payment,healthcare

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3.0
A zippia user wrote a review on Jun 2020
Pros of working at Magna International

The benefits overall

Cons of working at Magna International

Poor work/life and poor management.

Magna International Benefits

A lot of opportunity to grow.

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5.0
A zippia user wrote a review on Feb 2020
Pros of working at Magna International

for Training and job in construction works

Cons of working at Magna International

Yes I can work if a suitable job is availablr

Magna International Benefits

A good salary and benefits are welcome

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3.0
A zippia user wrote a review on Nov 2019
Pros of working at Magna International

Great benefits, longer than average breaks, and good pay

Cons of working at Magna International

Management and communications was a joke, and there was no room for advancement

Magna International Benefits

401k

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The team at Magna International

  • The key people at Magna International is Donald Walker.
Key People
Donald Walker

Magna International Rankings

Magna International is ranked #34 on the Best Manufacturing Companies to Work For in Michigan list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Magna International salaries

The average a Magna International salary in the United States is $47,494 per year. Magna International employees in the top 10 percent can make over $92,000 per year, while Magna International employees at the bottom 10 percent earn less than $24,000 per year.
Average Magna International Salary
$47,494
yearly
$22.83 hourly
Updated March 14, 2024

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Magna International diversity

10.0
Diversity Score
We calculated Magna International’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Magna International’s workforce.
Magna International diversity summary. Zippia estimates Magna International's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Magna International's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Magna International's workforce.
  • Magna International has 169,000 employees.
  • 37% of Magna International employees are women, while 63% are men.
  • The most common ethnicity at Magna International is White (65%).
  • 11% of Magna International employees are Black or African American.
  • 11% of Magna International employees are Hispanic or Latino.
  • The average employee at Magna International makes $47,494 per year.
  • Magna International employees are most likely to be members of the republican party.
  • Employees at Magna International stay with the company for 3.4 years on average.

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Magna International Financial Performance

8.8
Performance Score

Highest paying Magna International competitors

Compare Magna International salaries to competitors, including Decoma International of America, Inc., Igloo Coolers, and Viam TN. Employees at Decoma International of America, Inc. earn the highest average yearly salary of $61,825. The salaries at Igloo Coolers average $50,922 per year, and the salaries at Viam TN come in at $49,423 per year.

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Zippia gives an in-depth look into the details of Magna International, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Magna International. The employee data is based on information from people who have self-reported their past or current employments at Magna International. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Magna International. The data presented on this page does not represent the view of Magna International and its employees or that of Zippia.

Magna International may also be known as or be related to Magna International, Magna International Of America Inc and Magna International of America Inc.