Sr. Expert Total Rewards (m/f/x)

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What we offer:

Group Summary:

The Total Rewards Sr. Expert is responsible for designing, implementing, and continuously improving competitive and equitable compensation and benefits programs in line with Magna’s Total Rewards philosophy to support the organization’s business strategy, talent agenda, and financial goals. The role ensures regulatory compliance and alignment with company values while enabling attraction, retention, and motivation of employees.

• Ensure compensation structures including salary frameworks, job grading, and pay bands are consistently implemented and applied across Magna Powertrain

• Lead annual compensation processes such as salary and grading reviews, bonus cycles, and incentive payments

• Ensure internal equity and external competitiveness through robust market benchmarking and develop compensation policies, principles, and governance frameworks

• Advice, collaborate and support regional compensation specialists, leaders and HR Business partners and strongly collaborate with HR analytics and Talent Management; act as a trusted advisor to senior leaders and key stakeholders

• Support the design and evolution of total rewards offerings including incentives, benefits, and recognition programs

• Improve Magna Powertrain’s Bonus process aligned with performance and business outcomes

• Ensure compliance with labor laws, pay equity, and regulatory requirements while maintaining accurate Workday data by applying job grading frameworks and Mercer IPE methodologies

• Partner closely with Total Rewards CoE from Magna Corporate and peers from other Magna Groups

• Collaborate strongly with auditors, legal teams, and finance partners to support compensation reporting and audit readiness

Who we are looking for:

• Ability to work effectively in complex, matrix organizations with a precise work approach

• Experience partnering with senior leaders and executive stakeholders

• Strong analytical and quantitative skills

• Strategic and business-oriented mindset and intercultural skills

• Excellent communication and stakeholder management skills

• High integrity, discretion, and professionalism

Your preferred qualifications:

• University degree in Human Resources, Business Administration, Finance, Economics, or a related field

• 5–8+ years of experience in in the field of total rewards, preferably in a multinational environment

• Strong expertise in compensation structures, job evaluation, and market pricing

• Language skills (very good knowledge of English)

• Workday experience is an advantage

What you can look forward to:

It is important to us to offer a fair and attractive remuneration package. The gross monthly salary for 38.5 hours according to the collective agreement for the automotive industry is at least € 82.000 gross per year for this position. Overpayment based on relevant experience and qualifications is common practice.

In addition, we offer the following benefits:

• Work-Life-Balance: flexible working hours, remote work, various paternal leave models

• Bonus and financial benefits: employee profit sharing, Corporate Benefits Program

• Health: diverse array of offerings in the context of workplace health promotion

• Training and development: extensive training options, exciting internal development opportunities, attractive career paths

• Work environment: international and diverse environment, open door culture, state-of-the-art system landscape

Any questions? Please contact Carina Ricko, T +43 664 804 44 23 79.

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.