Senior Specialist, Total Rewards

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What we offer:

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

Group Summary:

Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

Job Responsibilities:

The Sr. Specialist, Total Rewards will act as a subject matter expert by consulting and advising Magna Groups and Divisions on any questions and issues related to Magna’s North American Compensation and Canadian Benefits programs. This position will lead compensation and benefits programs, including pay equity and paid parental leave, and will be responsible for performing detailed analysis of compensation and benefits programs to enhance and optimize program performance and sustainability. If you’re looking for a challenging and face paced work environment, the opportunity to participate in and support global projects and work with colleagues from all over the world, consider this opportunity.

Your Responsibilities

Compensation

• Salary: $80,000 - $105,000 annually
• Immediate, open position
• Act as a subject matter expert on Magna’s Global Compensation Management Tool (PayFactors). This includes system maintenance, recommendations for enhancements, communication and training to Global users.

• Ensure Canadian compensation programs follow regulatory requirements by leading the annual Pay Equity process.

• Work with Group and Division HR Leaders to provide analysis, guidance, recommendations and coaching on Magna’s Total Compensation Survey Program.

• Conduct market pay analysis to support new hire and promotion recommendations.

• Participates in external benchmarking activities, validating job matches and compensation ranges

• Lead the annual wage guidelines process and the biannual review and update of compensation ranges for the United States and Canada.

• Support the annual compensation cycle through data preparation, testing and administration.

Benefits

• Lead the annual Canadian Benefits Open Enrolment process.
• Serve as the primary point of contact for Divisions for benefit programs such as the paid parental leave and cross-border benefits programs.
• Develop educational materials and deliver ongoing benefits training sessions.
• Provides analysis, cost projections and recommendations to support the development of extended health benefit plan management strategies and products.
• Support of the daily operations of the Canadian Benefits plans, including short-and long-term disability management
• Provide coaching and guidance to Magna’s Groups and Divisions on all benefit related inquiries
• Investigates, actions and solutions all escalated benefits issues originating from multiple levels across the organization.
• Partner with external benefits vendors and internal Magna Groups and Divisions to investigate and resolve issues
• Regularly reviews and updates benefits documentation to ensure information is clear, concise and up to date
• Continually monitors the Canadian environment to proactively identify trends that could impact Magna’s benefit management strategies.
• Identify opportunities and recommend enhancements to ensure Magna’s Canadian benefits program is innovative, competitive and contributes to ensuring plan sustainability.
• Participate in and support Total reward projects as required

Who we are looking for

• University/College degree in Business or equivalent.
• Minimum 5 years of applicable compensation and benefits experience
• Excellent computer knowledge (MS Excel and PowerPoint)
• Excellent communication skills – both written and verbal with a strong focus on customer service
• Team player with the ability to maintain organization and multi-task amongst competing deadlines
• High level of attention to detail, accuracy and confidentiality required
• Strong analytical skills and adept at analyzing data and formatting reports
• Ability to handle confidential and sensitive information with a high level of discretion, professionalism, and integrity

Your preferred qualifications

• Experience working in global organizations and/or automotive/industrial manufacturing environment would be considered an asset
• Completion of post graduate studies in Human Resources or Compensation would be an asset.

Please Note

• Travel within Ontario may be required to support project rollouts and HR benefits training. (5-10%)
• Accommodations for disabilities in relation to the job selection process are available upon request.
• Candidates will be required to complete a Criminal Records Check, and if deemed necessary, a Credit Check as part of the candidate selection process.

What we offer

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

In addition, we offer you the following site benefits:

• Hybrid work policy
• Wellness programs and events
• On-site cafeteria
• Parking for electric vehicles
• Access to private park for employees & their families

Awareness, Unity, Empowerment:

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

AI-Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.

If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.

Worker Type:

Regular / Permanent

Group:

Magna Corporate