Magna Infotech Pvt Ltd

Magna Infotech Pvt Ltd Pay & Benefits reviews

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5.0
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Good
Sr. Information Security Analyst (Former Employee) –  Hyderabad, TelanganaJanuary 28, 2020
Experience of the quality of the work is very good and on boarding process was excellent, benefits and knowledge gained by the superior, and was also good at providing personal assistance in the time of need
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1.0
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Not sure about onroll jobs but can tell about third party positions
Financial analyst (Former Employee) –  Bangalore, KarnatakaJanuary 11, 2020
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
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3.0
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Contract employer with limited scope
Representative (Former Employee) –  Mumbai, MaharashtraJanuary 5, 2020
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.
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4.0
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Magna is a Vendor [with 2 year bond]
Senior Solution Developer (Former Employee) –  Andheri, Mumbai, MaharashtraNovember 26, 2019
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.
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4.0
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best place to enhance job skills
Remote Support Engineer (Former Employee) –  Noida, Uttar PradeshNovember 21, 2019
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.
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4.0
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Happy to work with Company
Senior Oracle DBA Consultant (Former Employee) –  Mumbai, MaharashtraNovember 15, 2019
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.
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4.0
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Good to Learn ,Nice Place to work
HR Consultant (Current Employee) –  Hyderabad, TelanganaNovember 5, 2019
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....
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4.0
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Good place to work but delayed salary payment
Lead Consultant (Former Employee) –  Kochi, KeralaJuly 5, 2019
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
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4.0
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good consultancy
Pharma Benefit Analyst (Former Employee) –  Hyderabad, TelanganaMay 13, 2019
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.
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4.0
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Timely delivery of service
Sr. Software Engineer (Current Employee) –  Hyderabad, TelanganaApril 8, 2019
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.
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4.0
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Good Company
Programmer Analyst-II (Current Employee) –  Chennai, Tamil NaduFebruary 26, 2019
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
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2.0
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A total no for the organization
O365 Support Engineer Lync/Skype for Business (Former Employee) –  Bengaluru, KarnatakaFebruary 11, 2019
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.
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5.0
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Overall the company was good , good salary time to time hikes, Fun activities every weekend. good place to work
Engage site technician worldwide (Former Employee) –  Hyderabad, IndiaDecember 13, 2018
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.
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5.0
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Good
Senior Incident Manager (Current Employee) –  Bangalore Urban, KarnatakaSeptember 2, 2018
Its an wonderful company to work and to be a part of the company.
Good benefits . Any time support from Human Resource, Payroll and Insurance and PF team
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4.0
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Good Work Place
Customer experience specialist (Current Employee) –  Bengaluru, KarnatakaMay 30, 2018
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.
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3.0
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Not a Good one nor a bad one
Associate Software Engineer (Former Employee) –  Hyderabad, TelanganaMay 28, 2018
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.
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4.0
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Good place to work
Service Desk Analyst (Former Employee) –  IndiaMay 6, 2018
I worked as a Service Desk Analyst for JP Morgan Chase as a contract employee by Magna Infotech. The work culture in JPMC is open. Work life balance is good and Monterey benefits are better
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3.0
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Average company
Weblogic Administrator (Former Employee) –  PuneMarch 12, 2018
i have learned so many things here. my management is ok. hardest part of the job is less growth in salary and sudden release. most enjoyable part is my project work.
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2.0
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Job and FnF Security is at your own Risk
Sr. Software Engineer (Former Employee) –  Mumbai, MaharashtraJanuary 30, 2018
You dont know when your Full and final settlement will clear.

As my contract got over in March 2017, they did not keep me on banch, and still today 30 Jan 2018, status is in pending mode.

Wrote 100 of emails, called several times, no body is taking the responsibility. No response of emails.

keep follow-ups for FnF, dont know you will get of not.

This is the reality at ground level.

No Job security.

Good for those who all are looking for contract type job.

They says it is full time, but as the contract / project finished you are on the banch with notice period.


Advice:-

Please look after
1. Employee job security.
2. FnF be on time, Not like after 6 month to forever.
3. Response of emails and calls with action with deadlines.
Pros
Salary comes on time. Good for Contract type job
Cons
You dont know when your Full and final settlement will clear. As my contract got over in March 2017, they did not keep me on banch, and still today 30 Jan 2018, status is in pending mode. Wrote 100 of emails, called several times, no body is taking the responsibility. No response of emails. keep follow-ups for FnF, dont know you will get of not. This is the reality at ground level. No Job security.
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5.0
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Magna Infotech
Network Engineer (Current Employee) –  MumbaiJanuary 30, 2018
Magna Infotech is very good company.having big opportunity all over India.very well HR support and on time salary there is no issue regarding salary or any other think.Only disadvantage is 2 month Notice period.
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Overall rating

3.8
Based on 247 reviews
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Ratings by category

3.6Work/Life Balance
3.4Salary/Benefits
3.2Job Security/Advancement
3.4Management
3.5Culture