Magna International Reviews

Updated Jun 23, 2021

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Found 1,351 of over 2k reviews

3.8
74%
Recommend to a Friend
89%
Approve of CEO
Magna International CEO Seetarama (Swamy) Kotagiri
Seetarama (Swamy) Kotagiri
97 Ratings
Pros
  • "Good pay, Good Bonus Good hours(in 76 reviews)

  • "Good benefits offered to employees(in 70 reviews)

  • Cons
  • "sometimes long hours but acceptable(in 76 reviews)

  • "volume of work per person strains work/life balance(in 42 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, more than 1 year
      Featured Review

      Great place to work

      Oct 1, 2020 - Corporate Development Manager in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Entrepreneurial, fun industry to work in.

      Cons

      I don't have any cons to list.

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    2. 5.0
      Current Employee

      the good thing about this place

      May 31, 2021 - Logistics Coordinator 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      friendly people to work with

      Cons

      the downside of this firm

      Continue reading
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    3. 2.0
      Former Employee, more than 1 year

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

      Jun 12, 2021 - Senior Financial Analyst in Newmarket, ON
      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.

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    4. 5.0
      Current Employee, less than 1 year

      Great start to career

      Jun 23, 2021 - Manufacturing Engineer in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The work environment is heavily autonomous

      Cons

      The work environment is fast paced

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    5. 4.0
      Current Employee

      Great Company

      Jun 22, 2021 - Project Manager in Markham, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      competitive, adaptable, fair, equitable, like family

      Cons

      large company, slow to make change

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    6. 5.0
      Current Employee

      Excellent company

      Jun 20, 2021 - CNC Machine Operator in Mississauga, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      One can learn team work

      Cons

      There is no cons in that company

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    7. 5.0
      Current Employee

      Formet

      Jun 7, 2021 - Production Team Member in St. Thomas, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Really good place to work

      Cons

      The pay is pretty average

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    8. 3.0
      Current Employee, more than 3 years

      Massiv Die-Form

      Jun 15, 2021 - Tool And Die Maker in Richmond Hill, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Continuous Improvement Program Well-compensated training opportunities for Apprentices 4 Week Day/ 2 Week Afternoon Shift Rotation Schedule

      Cons

      Incompetent Management Top-heavy organizational structure Pressure to work in an unsafe manner/ cut corners to meet deadlines Disgruntled/Jaded employees leading to a very "whatever" attitude on the shop floor

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    9. 4.0
      Current Employee, more than 8 years

      Very good

      Jun 5, 2021 - Quality Engineer in Concord, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      It is good to work there

      Cons

      Sometimes it get tough to manage

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    10. 5.0
      Current Employee, more than 1 year

      Best company I have ever worked for

      May 25, 2021 - Manufacturing Engineer in St. Thomas, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Coworkers are great to work with, upper management is very understanding and willing to help employees when needed, so much room for development, compensation is incomparable

      Cons

      I can't think of any.

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    Viewing 1 - 10 of 1,351 Reviews

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