Magna International
Magna International Compensation & Benefits
What People Are Saying About Magna International
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Healthcare Strength: Benefits breadth is often viewed as a plus versus manufacturing peers, with multiple medical, dental, and vision options and supportive ancillary programs. Program elements such as virtual care, disability, life coverage, and EAP resources reinforce overall health support.
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Retirement Support: Retirement support includes a 401(k) with employer contributions (base plus match) that is described as a meaningful component of total rewards. Plan materials indicate structured company contributions administered through a large, established platform.
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Parental & Family Support: A U.S. paid parental leave policy at partial pay and family assistance resources expand support for growing families. Materials outline coordination with FMLA and state programs to facilitate usage.
Magna International's Benefits
Offers company equity
Offers performance bonuses
Provides relocation assistance
Offers generous parental leave
Provides family medical leave
Offers dental insurance
Offers Flexible Spending Account (FSA)
Offers health insurance
Offers mental health benefits
Offers pet insurance
Offers vision insurance
Offers 401(K)
Offers charitable contribution matching
Offers disability insurance
Offers life insurance
Provides 401(K) matching
