Fabricator Salary at Magna Inc BETA

How much does a Magna Inc Fabricator make?

As of April 2025, the average annual salary for a Fabricator at Magna Inc is $82,286, which translates to approximately $40 per hour. Salaries for Fabricator at Magna Inc typically range from $73,881 to $92,163, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Magna Inc Overview

Website:
magnaglobal.com
Size:
500 - 1,000 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

MAGNA is the centralized IPG Mediabrands resource that develops intelligence, investment and innovation strategies for agency teams and clients. We utilize our insights, forecasts and strategic relationships to provide clients with a competitive marketplace advantage.

See similar companies related to Magna Inc

What Skills Does a person Need at Magna Inc?

At Magna Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. CNC: Numerical control is the automated control of machining tools by means of a computer. A CNC machine processes a piece of material to meet specifications by following coded programmed instructions
  2. Welding: Welding is a fabrication or sculptural process that joins materials, usually metals or thermoplastics, by using high heat to melt the parts together and allowing them to cool causing fusion. Welding is distinct from lower temperature metal-joining techniques such as brazing and soldering, which do not melt the base metal. In addition to melting the base metal, a filler material is typically added to the joint to form a pool of molten material (the weld pool) that cools to form a joint that, based on weld configuration (butt, full penetration, fillet, etc.), can be stronger than the base material (parent metal). Pressure may also be used in conjunction with heat, or by itself, to produce a weld. Welding also requires a form of shield to protect the filler metals or melted metals from being contaminated or oxidized. Many different energy sources can be used for welding, including a gas flame (chemical), an electric arc (electrical), a laser, an electron beam, friction, and ultrasound. While often an industrial process, welding may be performed in many different environments, including in open air, under water, and in outer space. Welding is a hazardous undertaking and precautions are required to avoid burns, electric shock, vision damage, inhalation of poisonous gases and fumes, and exposure to intense ultraviolet radiation.
  3. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  4. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
  5. Programming: Executing logic to facilitate computing operations and functionality in one or more languages.

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Check more jobs information at Magna Inc

Job Title Average Magna Inc Salary Hourly Rate
2 Account Manager, Digital $74,977 $36
3 Administrator $62,716 $30
4 Area General Manager $342,127 $164
5 Artist $64,585 $31
6 Assembler and Operator $50,732 $24
7 Assembly Associate $46,799 $22
8 Assistant Controller $196,308 $94
9 Automation Engineer $133,079 $64
10 Business Unit Leaders $158,484 $76
11 Cleaner $35,006 $17
12 Cnc Operator $66,768 $32
13 Cnc Programmer $87,827 $42

Hourly Pay at Magna Inc

The average hourly pay at Magna Inc for a Fabricator is $40 per hour. The location, department, and job description all have an impact on the typical compensation for Magna Inc positions. The pay range and total remuneration for the job title are shown in the table below. Magna Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $82,286 look to you?

FAQ about Salary and Jobs at Magna Inc

1. How much does Magna Inc pay per hour?
The average hourly pay is $40. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Magna Inc?
According to the data, the highest approximate salary is about $92,163 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Magna Inc?
According to the data, the lowest estimated salary is about $73,881 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.