Magna
automotive
Sr.ExpertTotalRewards(m/f/x)
“Sr. Expert Total Rewards (m/f/x) at Magna. Skills: Total Rewards, compensation, benefits. designing, implementing, and continuously improving competitive and equitable compensation and benefits programs. Ensure compensation structures including salary frameworks, job grading, and pay bands are consistently implemented and applied”
What You'll Achieve.
support the organization’s business strategy, talent agenda, and financial goals; enabling attraction, retention, and motivation of employees
Industry & Context.
analytical skills; quantitative skills
What They're Looking For.
Must Have
Ability to work effectively in complex, matrix organizations with a precise work approach, Experience partnering with senior leaders and executive stakeholders, analytical and quantitative skills, Strategic and business-oriented mindset and intercultural skills, Excellent communication and stakeholder management skills, High integrity, discretion, and professionalism
Nice to Have
University degree in Human Resources, Business Administration, Finance, Economics, or a related field, expertise in compensation structures, job evaluation, and market pricing, Workday experience is an advantage
What You'll Do.
and continuously improving competitive and equitable compensation and benefits programs
Ensure compensation structures including salary frameworks
and pay bands are consistently implemented and applied
Lead annual compensation processes such as salary and grading reviews
and incentive payments
Ensure internal equity and external competitiveness through robust market benchmarking
develop compensation policies
and governance frameworks
Support the design and evolution of total rewards offerings including incentives
and recognition programs
Improve Magna Powertrain’s Bonus process aligned with performance and business outcomes
Ensure compliance with labor laws
and regulatory requirements while maintaining accurate Workday data by applying job grading frameworks and Mercer IPE methodologies
How You'll Work.
Team & Collaboration
Advice, collaborate and support regional compensation specialists, leaders and HR Business partners; strongly collaborate with HR analytics and Talent; act as a trusted advisor to senior leaders and key stakeholders; Partner closely with Total Rewards CoE from Magna Corporate and peers from other Magna Groups; Collaborate strongly with auditors, legal teams, and finance partners
Communication Scope
Excellent communication
Applying for this Sr. Expert Total Rewards (m/f/x) role?
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