Specialist Compensation & Benefits - #28491

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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

We are currently looking for an experienced Specialist Compensation & Benefits (m/f/d), full-time (38.5 h), with analytical skills to expand our Total Rewards team in Graz or Vienna (Austria). In this role you will participate in the further development of Magna’s Total Rewards programs and systems.

Your Responsibilities

• Participate in compensation and benefits surveys and conduct job evaluations and salary benchmarks based on market data
• Support the implementation of our compensation processes into our global Human Resource Information System (Workday)
• Advise, support and train European HR Business Partners and stakeholders in compensation & benefits related topics (incl. pay transparency)
• Administration of our Employee Equity and Profit Participation Program including employee communications, vendor relations and data quality checks
• Support activities to develop, implement and administer new Compensation and Benefits programs and systems (e.g., PayAnalytics, Payfactors)
• Support our business development by providing market data for green field projects and mergers and acquisitions
• Collect economic data, wage guideline information and remuneration data for budgeting and salary review purposes
  
  

Who We Are Looking For

• University degree in economics, business administration, finance or in another relevant field
• 2-3 years of work experience in human resources or consulting, with a focus on compensation & benefits
• Strong analytical and problem-solving skills
• Strong focus on customer service and effective communication
• Methodological knowledge in the field of compensation & benefits, e.g. job evaluation systems (ideally Mercer methodology)
• Excellent proficiency with MS Excel and Power Point
• Experience with Workday is an advantage
• Ability to work independently as well as in a team
• Ability to communicate effectively verbally and in writing in English and German
• Proven project management skills
• Demonstrate high level of integrity, discretion and confidentiality
• Knowledge of European labor and tax law is an asset
  
  

Location Benefits

• Interesting and diversified job within a dynamic global team
• Long-term perspectives in an international company
• Attractive conditions for further training measures
• Profit sharing in the company's success
• Home office options and flexible working hours
• Employee and family support program (consulting services, information, recommendations, and needs-based support...)
  
  

It is important to us to offer a fair and attractive remuneration package. Therefore, the annual salary for this position is at least 55.000 Euros gross. An overpayment is possible based on relevant experience and qualifications.

The position is located in Austria - either Graz or Vienna . A presence of at least 3 working days per week is required.

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