20% Pay Cut with No Negotiation and No Reasoning Given - Consultant Magnit Global Employee Review

Ability to work with FAANG company with opportunity for transition to FTE. Very responsive team to any questions.

Contract work, so role may or may not be renewed depending on company needs. Not really a con, just the nature of the job. Very few PTO days.

They pay you regularly - that is about it

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.