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work environment
 

work culture

The following are the salient features of our work culture:

Continuous Learning
Magnet provides opportunity to every Magneteers for holistic professional and personal development by constant upgradation of technical and behavioral skills.

Fasttrack Career
Magnet is committed to provide a fast track progressive career path for outstanding performers.

Flat Organization Structure
Magnet has adopted a flat organization structure to reduce hierarchies, facilitate communication and stimulate working rapport that promotes transparency, flexibility and faster decision-making.

Work Life Balance
Magnet believes that Magneteers can deliver optimum performance only when they have right balance between work and life.

Open Door Policy
Our open atmosphere fosters easy access across levels or functions, the willingness to listen and change, to give and accept feedback.

Synergetic Teamwork
A high level of teamwork exists in Magnet providing creative ideas and high quality of solutions for our customers.

Everyone Counts
At Magnet, we believe every individual can make a difference. Every Magneteer is the source of innovation and wealth creation. The contribution of every Magneteer is acknowledged and appreciated.

performance appraisal system
Magnet has developed a sound performance tracking system to evaluate Magneteers with respect to their Key Result Areas (KRAs) and mutually decided goals. It is a comprehensive, transparent and participative system.

Performance Appraisal System is one of the most important HR tools at Magnet. It aims to track performance, highlight special talent and generate positive competition. It unshackles the complacency of laggards and helps them improve their behavioral and technical skills. It is a guide for other areas like performance evaluation, financial rewards, salary increments, promotions, transfers, job enrichment etc.

competitive salaries
Magnet provides competitive salaries as per industry standards and KRAs.

The trend is towards increasing the variable pay to ensure that true performance is adequately rewarded and does not go unnoticed. Magnet intends to allow the employees to design their compensation structure.

training programs
Magnet has been conducting training programs to train people extensively and intensively on behavioural as well as technical skills. Magnet considers training an important investment in future and does not treat it as expenditure to be written off.

Magnet provides a comprehensive induction program for smooth introduction to the organization and acclimatizes them to the culture, systems and policies of the company.

hr initiatives
Our innovative HR initiatives include:

Monday Meetings
Birthday Celebrations
Picnics & Fun Events
Informal Dressing
Appreciation Notes
Theme Days

 
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