MGIC Investment - MGIC WAS a good company!!!!! | Glassdoor
There are newer employer reviews for MGIC Investment
There are newer employer reviews for MGIC Investment

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"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????

Other Employee Reviews for MGIC Investment

  1. Helpful (1)

    "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 :((


  2. "specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at MGIC Investment full-time

    Pros

    Nice location and great facilities

    Cons

    Favoritism for people, middle management suffers from a superiority complex

    Advice to Management

    Pay attention to all employees

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

See Most Recent

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