Rewards Manager NA

Position: Total Rewards Manager NA
** Job descriptions may display in multiple languages based on your language selection.**##
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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.##

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** Group

Summary:

** 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.
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* Job Responsibilities:

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** 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.##

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* Key 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.### ##
** Customer and Business Interfaces:*** ### Employees* ### HR Managers* ### Supervision/Management* ### Total Rewards CoE### ##
** Requirements and

Qualifications:

*** ### Bachelors Degree in HR, Finance, Accounting, Business or…