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      Magna International

      Engaged Employer

      Magna International reviews

      3.6

      64% would recommend to a friend

      (3,176 total reviews)
      avatar

      Seetarama (Swamy) Kotagiri

      74% approve of CEO

      47% positive business outlook

      Ratings by category

      3.7

      Diversity & inclusion

      3.6

      Compensation and benefits

      3.4

      Culture & values

      3.4

      Career opportunities

      3.3

      Work/Life balance

      3.1

      Senior management

      Magna International has an employee rating of 3.6 out of 5 stars, based on 3,176 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Magna International employee rating is in line with the average (within 1 standard deviation) for employers within the Manufactura industry (3.5 stars).

      Ratings by demographic groups

      Reviews by job title

      3K reviews
      3.0
      Sep 30, 2021

      Modatek Systems division (not all of Magna is like this)

      Software developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Learn how the automotive industry works in a fast paced environment. - Great team (depending what department you work for...)

      Cons

      - Company underpays employees - Lack of organization - Priorities seem to be different depending who you speak to (everyone has their own agenda and your other tasks don't matter to them) - Lack of listening to recommendations, when you are the professional doing the job and are just trying to give feedback in the companies best interest - No employee appreciation it seems as if their employees are the last of their priorities - Everything is ALWAYS urgent.

      1.0
      Aug 24, 2021

      political

      General laborer
      Recommend
      CEO approval
      Business Outlook

      Pros

      i do not recall any of pros

      Cons

      political working environment, average pay

      2.0
      Jun 12, 2021

      SFA for a Group within Magna... good intro role, not a long-term career

      Senior financial analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Solid financial results - RRSP matching & bonus - Very structured processes and reporting which is helpful for building foundations necessary for a career in FP&A - Lots of exposure to senior leadership during quarterly business reviews and annual planning - Off-site events where global directors come together to discuss operating plans (SFA's would be invited from time to time)

      Cons

      - the hours are extremely volatile... when it's not month-end, quarter-end, or budget season... you are bored to tears. When it is, be prepared to work around the clock for weeks (into the midnight hours) - Because of the very structured processes and controls, there is no room to implement improvements or make suggestions... "this is what we have always done" - You will work on the same tasks over and over again... very cyclical role. Barely any ad-hoc reporting / analysis - Boys club. Very little female influence in leadership - Advancement typically means working as a plant controller. plant controllers are given systems from the 1980's to perform their work because senior leadership is too cheap to impact the bottom line with system improvements. plant controllers work around the clock all the time - Managers are focused on impressing senior leadership through financial results. They are not focused on coaching and mentoring their staff.

      Viewing 70 - 72 of 3,176 Reviews
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      ReviewsMagna International reviews

      Glassdoor has 4,781 Magna International reviews submitted anonymously by Magna International employees. Read employee reviews and ratings on Glassdoor to decide if Magna International is right for you.