Average pay, above average workload, and inconsistent management - IT Magnit Global Employee Review

2.0
Feb 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Competitive pay for tech roles, lots autonomy if you are capable and get tasks completed in a timely manner

Cons

Management has been changing the last 5 years. That brought in a lot of new VPS and directors. Hard to judge where the company is heading and there's been frequent. Layoffs. Raises barely cover cost of living for the last 7 years. No performance based raises for ICs. Confusion amongst management as new senior leaders trickle in and out make planning long-term projects difficult and expectation of raises or even a job unlikely. Very low expectation for promotion.

Explore other reviews about Magnit Global

1.0
Jun 17, 2026
Anonymous contractor
Recommend
CEO approval
Business Outlook

Pros

They pay you regularly - that is about it

Cons

They are only interested in their own bottom line and explained nothing to me when I was brought in by their client for a contract but needed to be paid and actually employed via Magnit. They employed me as a W2 and I didn't realize it was an option to go in as a contract 1099 - which would have increase my net significantly, since I have an LLC set up and have been doing taxes as self employed for several years. They didn't let me know that I should be on benefits and sent me no paperwork to enroll. The amount of money they saved from me not collecting benefits is terrible along with what I was paying for healthcare etc. I have to leave the client early because of the issues with Magnit even though they would like me to stay for an additional year.

See reviews by: Helpful|Rating|Date|All