MagTek

www.magtek.com
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Magtek current employee review

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at MagTek

Pros

Exciting and proven technologies. Extremely well respected manufacturer with in the transaction arena. Company name generally needs no introduction when speaking to prospective customers.

Cons

Almost entirely run by family members (i.e. brothers and sisters) and therefore zero chance of professional growth unless you're OK with the status quo. Makes having candid conversations, unless they are full of flattery, regarding Sr. Mgmt. as they are all related and like all families, they justify things even though evidence is provided about valid concerns.

Advice to ManagementAdvice

Pay for an anonymous survey on the attitudes/feelings of your employees. You be surprised at what you learn. Listen to the worker-bees, not mid-mgmt., as the mid-mgmt. will tell you what you want to hear and not what you need to hear. Work aggressively at gaining trust of employees to tell Sr. Mgmt. what is really going on and assure them of no retaliatory consequences - then act on it. It'll be hard to hear, but worthwhile hearing if you succeed in gaining the trust of your people.

Doesn't Recommend

4 Other Employee Reviews for MagTek (View Most Recent)

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  1.  

    Interesting organization. Strong potential but family run with a very close minded management style.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MagTek

    Pros

    Very employee focused
    Good benefits with a separate pension plan on top of a 401(k)
    Good work / life balance

    Cons

    Narrow minded, schizophrenic management style
    Lack of open mindedness towards towards industry best practices
    Out of touch with particular market segments
    Management lacks outside of company experience

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Basically dysfunctional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MagTek full-time (more than 5 years)

    Pros

    Good benefits and pay. Very little o/t or travel required. Nice office. Excellent manufacturing facilities and very high-quality products.

    Cons

    Products are stale. Marketing is virtually non-existant. Employees can be terminated for any reason and at any time. For a family-owned company, they tend to be very ambivalent towards employees who are dealing with difficult situations.

    Advice to ManagementAdvice

    Improve marketing and add some creativity towards product development. Treat long-term employees with respect and offer them new training opportunities rather than indiscriminate termination. Consider bringing in senior management that is not related by birth to existing management -- Magtek needs some new blood.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for MagTek

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