Magna Infotech Pvt Ltd Pay & Benefits reviews
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Overall it was good but pay was less & clients use to strech working hours in week days. As per your work pay is very less & the client demands to strech your working hours or work on weekends.
It’s just consultancy, if the customer billed, then only u get salary, they won’t put you in bench and give single rupee if there is no project, too high risk
Pros
No pros
Cons
All crons
you will be deployed in client location.salary paid will be low. but hr and all all easy reachable.good for freshers.increment is good here,but not as promised at the time of joining
It was stressful experience with client company.No job security, salary will be very less than same position holding other on-roll employees, And yeah forget about work-life balance
Contract vendor who provides workforce to other companies.
No Job Security.
Salary & Benefits sub par.
No opportunity to grow if you are hired as a contract staff to work for other clients.
I was working with one of the client of Magna, so I cant say more about Magna. They have given me good hike but with a 2 year bond which is painful. You will get all benefits during bond (e.g. health insurance, pf, leaves, appraisal etc.). Management is helpful at Magna.
It was a good learning curve while working at Mahna infotech Pvt ltd.
Every employee gets a chance to work on his skills for personal & organizational betterment. We used to get the salary on time & company management was cooperative.
Cons
1) On-Time Salary .
Pros
1) Not getting benefit of your work . Company not giving you the increment.
2) Final Settlement process is about the 3 month.
Nice Place to work
Able to handle pressure
You can improve skills.
Cons : Sometimes have to work on Saturdays
No salary issues, will give on Time....
i have worked at client location through Magna payroll.
it was good to work at client location until if you are able to perform well.
overall its good to work under Magna payroll
Pros
very competative packs and quick process for joining, everything fixed amount of salary
Cons
Late salary credit( 7th of every month) and Leaves also big issue for applying it
consultancy management is good but salary is very less and there is no motivational activities. weekly and monthly one o one sessions by management is good.
First of all, I was on a Contract to Hire position with Magna Infotech and the experience at the company was overall good. From timely delivery of Salary to all others it met the expectations.
I have worked in Magna payroll for around 2 years. Everything is good but there will be no hike starting salary will continue till you relieve. Apart from that they are following corporate values only.
Pros
good
Cons
no hike
Not much hike provided
Salary is meagre
No Employee engagement activity
No employee recognition
Since this org put the employees in client places, Magna is complete slave of client and does not take the employee benefit into consideration.
I would love to work for this company again. even though its a consultancy the benefits given are much better. The work culture is good and also the management is pretty well maintained. time to time responding for any queries.
Only Day Shift
Learned very good things about work
Management of Magna are neutral but client management are very helpful.
Salary on time and sometimes it will credit before 1 day.
This company offers only outsourcing services and 90% of employees work at client locations the only difference is payroll will be processed by this company. There are no salary hikes here and most of the clients are multinational companies tied up with Magna Infotech.
- Pay & Benefits