Magna possesses a unique culture that drives performance by all of our employees.
Our decentralized operating structure empowers our divisional management to run their business
autonomously with management being paid based on pre-tax profits of their division.
The cornerstone of our culture is a Corporate Constitution which directs the allocation of profits to shareholders, management, employees, and to the communities in which we operate, as well as to our ongoing R&D activities. In addition to our Corporate Constitution, we are committed to an operating philosophy that is based on fairness and concern for employees. That philosophy is embodied in the Employee's Charter.
Despite the significant changes in the industry over the years, this fundamental operating philosophy and culture has remained constant since we believe it to be key to our success.
Our manufacturing, product development and engineering facilities operate as autonomous business units aligned on the basis of product areas in our geographic markets - North America, Europe and the Rest of the World.
