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Magna International

Engaged Employer

Magna International reviews

3.6

64% would recommend to a friend

(3,174 total reviews)
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Seetarama (Swamy) Kotagiri

76% approve of CEO

48% positive business outlook

Magna International has an employee rating of 3.6 out of 5 stars, based on 3,174 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).

Reviews by job title

3K reviews
2.0
Jun 12, 2021
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.

1.0
Nov 24, 2020
Recommend
CEO approval
Business Outlook

Pros

wants to grow, desire to follow the culture and ethics

Cons

have no idea how to grow, new leadership every year, doesn't follow the strategy, keeps employees in the dark, very unprofessional

Viewing 64 - 66 of 3,174 Reviews

Glassdoor has 4,778 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.