Magna named one of the best places to work
- Auto supplier on Forbes Best Employers lists in U.S. and Canada
- Selection based on independent employee surveys
- Visit magna.com/careers to see career opportunities
AURORA, ON, May 10, 2017 /CNW/ - Employees at Magna have voiced their opinions and, based on their feedback, the company has been selected to the Forbes magazine lists of America's Best Employers and Canada's Best Employers for 2017.
In the U.S., Magna ranked in the top 20 percent of the 500 best large employers and also performed well in the auto segment, ranking 5th out of 19 companies. In Canada, Magna is the top-ranked auto parts company and 2nd in the automotive segment overall.
The Forbes list of America's Best Employers 2017 was compiled based on an independent surveys from almost 30,000 U.S. employees working for companies with at least 1,000 people in their U.S. operations. Rankings are based entirely on employee feedback, with the willingness to recommend one's own employer being the most important element of the survey.
The process was similar in Canada, where 8,000 Canadian employees working for large firms or institutions were asked to rate how likely they were to recommend their own companies on a scale of 1 to 10. The employees who took part in the survey were consulted anonymously through several online access points, not via their employers.
"One of our most important goals is to create a dynamic and transparent global workplace where our employees feel empowered and inspired to reach their full potential," said Don Walker, Chief Executive Officer. "It's an honor to receive the positive feedback from our employees and the recognition from Forbes."
Magna was recently recognized by the employee-review website Glassdoor as one of the best places to work in Canada. Divisions of the company in Austria, Mexico and Russia were also recently named great places to work by organizations in those countries.
Magna is always recruiting innovative and passionate individuals to join its team. Visit http://www.magna.com/careers to see career opportunities.
TAGS
America's Best Employers, Canada's Best Employers, employer of choice, employee survey
ABOUT MAGNA
We are a leading global automotive supplier with 317 manufacturing operations and 102 product development, engineering and sales centres in 29 countries. We have over 155,000 employees focused on delivering superior value to our customers through innovative products and processes, and world class manufacturing. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, vision, closure and roof systems. We also have electronic and software capabilities across many of these areas. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.
THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE "FORWARD-LOOKING STATEMENTS" UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA'S REGULATORY FILINGS. PLEASE REFER TO MAGNA'S MOST CURRENT MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA'S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA'S WEBSITE AT WWW.MAGNA.COM.
SOURCE Magna International of America Inc.
INVESTOR CONTACT: Louis Tonelli, Vice-President, Investor Relations, [email protected], 905 726 7035; MEDIA CONTACT: Tracy Fuerst, Global Director of Corporate Communications & PR, [email protected], 248.631.5396
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