Magnasoft Reviews

3.8

68% would recommend to a friend

(216 total reviews)
avatar

Bobbie Kalra and Ramesh Govindan

74% approve of CEO

62% positive business outlook

Magnasoft has an employee rating of 3.8 out of 5 stars, based on 216 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Magnasoft employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

216 reviews
1.0
29 Jul 2016
Recommend
CEO approval
Business outlook

Pros

In Product Based group. Bad Management People, No Support. 3 Months Notice Period. But they will fire without any information within 1day. Need to work like donkey, never should question any management. VP is DREAM!! They will Never GIVE.. (its part of your CTC only) Incentive is QUESTION MARK always.! Your hard work. not ready to pay you. NO annual hike.. During joining they will promise... NO HIKE... 24*7 and 365 days Changing HR policy and words. HR does not know policy :P (I will get back is the answer always) They will block your Salary, telling no Money in collection. Salary settlement is 90DAY after you leave the company (First Company on earth who have done this) They will keep you in dark and you will dont know when you will get your hard-work money. No job security and ethics.

Cons

Entry will be great with fake promise. but living is impossible and exit is too bad. When you join they tell we are great company and during VP, annual hike, incentive they tell we are start up.(Your getting salary be happy) People who are reading this never join magnasoft and spoil your life.

2.0
2 Apr 2017

Employee Thoughts

Recommend
CEO approval
Business outlook

Pros

Get your hands dirty and learn everything the hard way. You will know how to work hard and for long hours. Increase your work-stamina and endurance! Join to learn a few design tools

Cons

No standard training No standard processes Nothing to learn new after a few months, just as chewing the same gum. Old technologies

1.0
9 May 2016

Fraudulent at its best

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

None!! But have to write something or Glassdoor won't accept my review. They showed a lot of promise when I joined, but it all turned out to be lies

Cons

Lowest salary as per industry standards. Hike will never be on time, some of my colleagues are four months past their increment due. Will pay you peanuts but extract work from you like a donkey. Worst management you can ever expect. They want work but infrastructure is insufficient. They don't even use licensed software which is a pity.

Viewing 1 - 3 of 216 Reviews

Glassdoor has 221 Magnasoft reviews submitted anonymously by Magnasoft employees. Read employee reviews and ratings on Glassdoor to decide if Magnasoft is right for you.