Benefits at Magna International

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!

Financial + Retirement

401(K)

401(K) matching

Company equity

Charitable contribution matching

Performance bonus

Office Perks

Company-sponsored outings

Fitness stipend

Onsite office parking

Relocation assistance

Free snacks and drinks

Diversity

Dedicated diversity and inclusion staff

Diversity manifesto

Mandated unconscious bias training

Diversity employee resource groups

Hiring practices that promote diversity

Health Insurance + Wellness

Dental insurance

Disability insurance

Flexible Spending Account (FSA)

Health insurance

Life insurance

Pet insurance

Vision insurance

Wellness programs

Mental health benefits

Culture

Volunteer in local community

Flexible work schedule

Open door policy

Open office floor plan

Partners with nonprofits

Remote work program

Team based strategic planning

Employee resource groups

Hybrid work model

Summer hours

Child Care + Parental Leave

Family medical leave

Generous parental leave

Vacation + Time Off

Generous PTO

Paid holidays

Paid sick days

Professional Development

Job training & conferences

Promote from within

Tuition reimbursement

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