Magna International

  www.magna.com
  www.magna.com

Magna International Reviews

Updated December 14, 2014
Updated December 14, 2014
71 Reviews
3.4
71 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Magna International CEO and Director Donald J. Walker
Donald J. Walker
32 Ratings

Review Highlights

Pros
  • Good benefits, profit sharing and wages (in 4 reviews)

  • Strong culture, Employee centered, Good people, Strong management support (in 3 reviews)


Cons
  • Difficult to achieve a healthy work-life balance (in 4 reviews)

  • Long hours during product launch with no direct compensation, so reward is hopefully through a recognized bonus for putting in time during launch (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Unique Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Management in Detroit, MI
    Current Employee - Management in Detroit, MI

    I have been working at Magna International full-time (more than 5 years)

    Pros

    Decentralized structure provides ability for quick problem solving and eliminates the corporate vs plant mentality

    Cons

    This decentralization can allow for some less than desirable GM's and Assistant General Managers to abuse their power if they are politically connected and ther profits are meeting target. Abuse of employees can go unchecked for a long period of time before the 18 months between employee opinion surveys.

    Advice to ManagementAdvice

    Look beyond the balance sheets and get your senir executives into the plants more, make the HR department Independant of the General Manager to improve oversight. Career oportunities are limited due to the isolation at the plant level created by the extreemely decentralized structure and GM's hiding their talent.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    Challenging, fast paced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Finance in Troy, MI
    Former Employee - Finance in Troy, MI

    I worked at Magna International full-time (more than 8 years)

    Pros

    Exposure to all facets of the company. Lots of interaction with the Executive team.

    Cons

    Not enough resources and infrastructure. Little room to make lateral moves or advance in the company.

    Advice to ManagementAdvice

    Better succession planning and career development.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Politically charged, great ride while it lasted, not the same company anymore

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Magna International

    Pros

    They invest in their operations, they support the customer.

    Cons

    To political, not about performance.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    A great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Process Engineer in Toledo, OH
    Current Employee - Senior Process Engineer in Toledo, OH

    I have been working at Magna International full-time (more than 8 years)

    Pros

    Magna has great culture and values

    Cons

    Compensation can sometimes be lacking

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Manager

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

    I worked at Magna International full-time (more than 8 years)

    Pros

    This organizational structure allows for you to create your own path if you are entrepreneurial enough. Self starters can excell if will is there to succeed.

    Cons

    Decentralized business can make cooperation between units very challenging.

    Advice to ManagementAdvice

    Have a better system for identifying high achieving employees and mentor them rather than loose them.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Diversity of projects, lack of direction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Detroit, MI
    Former Employee - Manager in Detroit, MI

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

    Pros

    Lots of different programs to work on, with various customers

    Cons

    No clear vision of division strategy, uninspiring and seemingly uninformed senior management at times led to poor morale in division.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    My place of retirement?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Production Supervisor in Shepherdsville, KY
    Current Employee - Production Supervisor in Shepherdsville, KY

    I have been working at Magna International full-time (less than an year)

    Pros

    Magna is family, and treats its employees with respect and provides great benefits as well as a more than competitive compensation package

    Cons

    No cons to report at this time. So far this has proved to be a great place to work with great opportunities.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Magna International

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Production Worker in Highland Park, MI
    Current Employee - Production Worker in Highland Park, MI

    I have been working at Magna International full-time (less than an year)

    Pros

    Working for Magna provides some the best opportunities for employees to advance to a higher level if desired. They care about their employees potential for growth and they encourage you to seek the education and training to better quailfy for new position within the company." It's a great place to work".

    Cons

    The only downside to working for Magna is if the auto manufacturers begin cutting jobs and and closing plants because of declining auto sales. This would be some concern only because Magna is a supplier to most of these companies that manufacture cars.

    Advice to ManagementAdvice

    Keep doing what you are doing, you have a solid grip on the world market and continue to perform exceedingly well. The management team knows exactly where this company is headed, and will stay firmly ahead of problems that may its way.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Tough place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Quality Engineer in Syracuse, NY
    Former Employee - Quality Engineer in Syracuse, NY

    I worked at Magna International full-time (more than 8 years)

    Pros

    Pay was comparable 24/7 to get it . Very many good people that you work with.

    Cons

    24/7 on call no family life with work life balance . Managers are clueless and manage with fear.

    Advice to ManagementAdvice

    Remember we are people and need to have down time in order to function.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    good learning experience

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

    I have been working at Magna International

    Pros

    good pay and good benefits

    Cons

    little room for growth for those who want to expand their careers

    Recommends
    Approves of CEO

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