Total Rewards Manager NA

Magna International•Troy, MI

26d

About The Position

Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain. Mission of Position: The Compensation Expert is responsible for leading and supporting the implementation, communication and administration of Magna Powertrain’s pay structures, merit processes and incentive programs in the U.S., Canada and Mexico. This role closely collaborates with and support the HR Managers in the respective countries with executing Compensation programs and related activities. This role will also serve as the primary contact in the region for pay governance, job architecture and competitive labor market alignment.

Requirements

Bachelors Degree in HR, Finance, Accounting, Business or related field required
5+ years of experience in HR with at least 3 years focused in compensation, including base pay and incentive pay program administration.
Understanding of compensation practices and regulations in the U.S. Canada and Mexico.
Strong ability to interpret and analyze complex compensation data with accuracy and attention to detail.
Advanced Excel skills and proficiency in compensation software.
Proficiency working with Workday or similar HRIS and PayFactors or similar platforms.
Experience with salary administration, market pricing, job evaluation, and implementing compensation programs.
Skilled at communicating and collaborating across all levels with poise and professionalism.
Ability to manage confidential data, handle high-volume requests, and prioritize tasks.
Practice and maintain integrity while following Magna’s Charter and Constitution.
Follow Magna’s Code of Conduct and Ethics and related compliance policies.
Supports and adheres to policies, procedures, and operational guidelines related to established quality management system (IATF 16949).
Drive the development of new technologies to improve quality, efficiency and reduce cost.
Comply with safety policies and procedures to ensure duties of self are performed in a safe manner.
Understand applicable Environmental, Health & Safety policies and procedures in the workplace.
Report unsafe conditions immediately.
Report injuries, accidents, illnesses, near misses, property damage immediately.
Follow safety rules.
Comply with requirements for the use or operation of machines or equipment.
Comply with Personal Protective Equipment (PPE) requirements.
Create a positive work environment by demonstrating and sharing functional/technical knowledge.
Develop and maintain a responsive and cooperative working relationship with internal and external customers.
Treat everyone with dignity, trust and respect.
Complete additional duties and responsibilities as assigned.
Comply with Magna’s information and data protection policies.

Nice To Haves

International and manufacturing experience a plus.
Certified Compensation Professional (CCP) or classes toward CCP preferred.
Spanish fluency preferred
Exposure to Power BI or similar data visualization tools a plus.

Responsibilities

Conduct analysis, interpret results, and makes recommendations that support the maintenance of competitive pay structures designed to attract, retain, motivate, and reward talent in accordance with Magna’s Employee Charter principles.
Leads and/or supports administration and ongoing optimization of compensation programs, including pay structures, merit cycles, incentive plans and employee recognition programs.
Partners with North America HR Teams to ensure compensation programs comply with federal, state, and local regulations, as well as organizational governance standards.
Conducts salary administration activities such as annual salary planning, market analysis, benchmarking, internal equity reviews, job evaluation, and compensation modeling.
Provides guidance to HR and business leaders on offers, promotions, internal transfers, retention strategies, and compensation-related decision support.
Coordinates with local HR and/or Finance Teams to prepare and submit required filings.
Provides analysis and effective cost modelling to support budgeting and forecasting of compensation programs.
Drives HR team capability by coaching them on administering the compensation job catalog, ensuring accurate Workday data, applying job grading frameworks and Mercer IPE methodologies, interpreting market insights, and embedding compensation best practices across their businesses
Analyzes survey results to prepare salary and merit recommendations by country and coordinates with compensation peers globally to ensure alignment.
Partner closely with Total Rewards CoE to provide guidance to the regional HR community.
May lead and/or supports organization compensation projects.
Monitors compensation policies and procedures in the U.S., Canada and Mexico
Monitors compensation trends and regulations, staying abreast of applicable legislation in the U.S., Canada and Mexico
Prepares data analyses and reports as needed.
Collaborates with auditors, legal teams, and finance partners to support compensation reporting and audit readiness.
Performs other duties as may be assigned at management’s discretion.