MGIC Investment - hmmmmm | Glassdoor
There are newer employer reviews for MGIC Investment
There are newer employer reviews for MGIC Investment

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"hmmmmm"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Milwaukee, WI
Former Employee - Anonymous Employee in Milwaukee, WI
Doesn't Recommend
Disapproves of CEO

Pros

The pay was above average, the benefits are outstanding, and work/life balance was great as pretty much everyone leaves by 5:30.

Cons

Raises were either not enough to keep up with inflation or non-existant. Management is short-sighted (i.e. concerned with the next quarter while ignoring long-term consequences) and communication from management was not entirely complete.

Advice to Management

Improve communication to the employees about what is truly going on within the business. If things are bad then be honest with the employees. Don't send out "warm & fuzzy" emails that simply aim to make everyone feel better.

Hold management and middle management accountable for their decisions.

Other Employee Reviews for MGIC Investment

  1. "MGIC WAS a good company!!!!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in Milwaukee, WI
    Former Employee - Senior Business Analyst in Milwaukee, WI
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The pay is great...providing you negotiate heavily coming in. Raises are low so make sure you get the cash upfront. The fitness center is really nice and the location is great. The key is to get on a good team.

    Cons

    Senior management is a joke. They promote people to management because they are good at their job not because they would make a good manager. A great programmer does NOT equal a great IT manager. I was unable to negotiate for additional vacation time so I went from 25 days down to 10 days. Parking is $7 per day in the public garage. MGIC parking garage has a 16 year waiting list. The guy next in line was on the list since 1992.

    Advice to Management

    If you ask employees to rate their managers, listen to that feedback. If a team has 50% turnover 2 years in a row, maybe it's the manager????


  2. "Great Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I worked at MGIC Investment full-time

    Pros

    Nice employee benefit package
    Easy access to downtown
    Friendly and helpful co-workers
    Community involvement
    PTO
    Vacation
    On site cafeteria
    Lunch on the plaza ( favorite)
    Employee recognition
    Well kept landscape
    Nice security guards

    Cons

    The way management gives a very short notice regarding a staff reduction. I think it is very tacky and unprofessional. It is like a slap in the face, you don't see it coming...beware if you are still there. They wait until you arrive at work, then present the bad and unfortunate news, that you no longer have a job!!!

    Advice to Management

    Please reconsider how you present company separation/staff reduction to employees that are not even aware, they have lost their job. I would give this overall rating a 0 :((

There are newer employer reviews for MGIC Investment
There are newer employer reviews for MGIC Investment

See Most Recent

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