Magna International
Magna International Benefits Overview
At Magna, our employees are at the center of what we do. It’s a priority to protect the health of our people and our business and we do this in a variety of ways. We offer a competitive and comprehensive benefits program including medical, dental, vision, pharmacy, disability, life insurance, FSA, 401(k) with company match, profit sharing plan, Employee & Family Assistance Program (EFAP), pet insurance, auto/home insurance, wellness programs and much more!
Compensation + Benefits
Offers 401(K)
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Offers disability insurance
Offers charitable contribution matching
Provides 401(K) matching
Offers life insurance
Offers company equity
Provides relocation assistance
Offers performance bonuses
Provides pay transparency
Offers dental insurance
Offers health insurance
Offers vision insurance
Offers Flexible Spending Account (FSA)
Offers pet insurance
Offers mental health benefits
Provides family medical leave
Offers generous parental leave
Work-Life Balance + Wellbeing
Offers company-sponsored outings
Offers fitness stipend
Offers wellness programs
Provides opportunities to volunteer in the local community
Partners with nonprofits
Offers Employee Resource Groups
Offers generous PTO
Provides paid sick days
Provides paid holidays
Career Growth + Development
Provides customized development tracks
Promote from within
Job training & conferences
Provides tuition reimbursement
Company Culture
Has a dedicated diversity and inclusion staff
Mandated unconscious bias training
Hiring practices promote diversity
Has a diversity manifesto
Offers diversity-based Employee Resource Groups
Utilizes a flexible work schedule
Utilizes a hybrid work model
Offers a remote work program
Utilizes a summer hours schedule
Utilizes an open door policy that encourages accessibility
Implements team-based strategic planning
Open office floor plan to encourage communication and collaboration
Provides onsite office parking
Provides free snacks and drinks
Quarterly engagement surveys to gauge employee satisfaction
Managers offer consistent feedback loops
Established employee awards to honor work and contributions
