Magna International Reviews

Pros

Level of Knowledge
Ability to improve skills
High Technology
Freedom to innovate

Cons

Not so much rewarded compared to competition
Not enoug promotions

Advice to Senior Management

More promotion to people to lead new plants

Pros

Good compensation and reward for a job well done. Though it comes with an equal amount of stress to boot.

Cons

Long hours during product launch with no direct compensation, so reward is hopefully through a recognized bonus for putting in time during launch.

Advice to Senior Management

Actually, management is not too bad. They recognize high achievers and conversely, call out those who aren't pulling their weight. A bit more recognition for going above and beyond one's duties could be called for, I suppose.

Pros

Opportunities are given to all levels of employees and team members to strive to do better for themselves and to support the company.

Cons

Typical challenges are present of a company that is founded in North America and trying to get skilled/competent staff to support growing operations worldwide.

Advice to Senior Management

Making timely decisions is the key to supporting profitable divisions and to addressing those which are underpreforming. Strong leadership and execution should be recognized and nurtured.

Pros

Competitive salary, Work-life balance, Diversity

Cons

Limited career growth opportunities, Don't appreciate higher education

Advice to Senior Management

Most of the managers have come up from tool making/manufacturing background - need educated (MBA etc.) management

Pros

Co-Workers were family
Close to home

Cons

Management changed to many times
New managers didn't know what you did - but would appraise you anyway???
Lack of communiction on job functions when manager changed.

Advice to Senior Management

Train your managers in HRM!!!

Pros

good technology and RD from Eropean

Cons

this JV with the management by local person , almost go out of Magma management system

Advice to Senior Management

help and support to manage the JV based on Magna procedure and culture , only focus on the benifit, no long term development in China area. ( loss reputation )

Pros

The skills and knowledge you can get working for this company is great
The way that the people is involved in the business becomes all the employees very proactive
Is a company where the challenges and expectations are very high so the people have to evolve well if they want to grow

Cons

Not all the people who is on the top positions have the skills to manage a business like this is
Seems some managers in Mexico have a very poor vision about what a world class plant means to make a successful business
The lack of communication gives poor results to everyone
Don't make that the key personal grow internally makes the talent goes away of the company
Don't have a strategic plan for the business makes all the manager departments go to anywhere, that without mentioning the rest of the people
Lack of high business performance knowledge makes to redirect every time and waste time on bad decision
If the lack of preparation of the employees could be a problem, maintain that issue could be worst instead educate the people for the targets of the business looking for a world class business position
No having a plan to pay the people by a good evaluation of results and skills makes the people leave the job without a well performing and good elements could go away

Advice to Senior Management

Some key words to follow and use
Humility
Honesty
Encouraging
Generous
Proactive

Pros

The company has a long track record of being successful. Managment expects top notch performance and they are willing to pay for it. They are not afraid to cut the dead wood.

Cons

Management very focused on short term. Also, all divisions of the company are considered independent which causes intercompany competition sometimes to the same customer for the same product which costs the company significant amounts of money.

Advice to Senior Management

Take advantage of the economies of scale that such a huge company offers. Make it easier for groups and divisions to spend money to improve performance. Think long term. Give more support and advice from a corporate standpoint rather than letting divisional management determine what the best course of action is.

Pros

Good benefits use to be better. Mid to lwr management are fair to work with. flexible with time off and family time

Cons

No room for advancement. Removal of some nice benefits. Upper management needs to look at talent that is around them before making cuts. Direct employement will not stop a possible layoff

Advice to Senior Management

Management needs to look at what talent they have within the company. Opportunities for advancement. Imporve communication between the divisions

Pros

Magna is definitely a good global company to work for. The opportunity to network is very good and you meet people all around the world.

Cons

The worst part about Magna is that there are a lot of politics involved. There seems to be endless battles that can't be won.

Advice to Senior Management

Listen to your employers more. What's the point of having numerous meetings and having people make suggestions if at the end you already had your mind made up.