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Magnatek Enterprises
3.8
based on 19 Reviews
Company Overview
Company Locations
Working at Magnatek Enterprises
Company Summary
Overall Rating
3.8/5
based on 19 reviews
Critically rated for
Promotions, Salary, Job security
Work Policy
Monday to Saturday
100% employees reported
Strict timing
83% employees reported
Within country
55% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
1 employee reported
View detailed benefits
About Magnatek Enterprises
Founded in1964 (61 yrs old)
India Employee Count11-50
Global Employee Count--
India HeadquartersHyderabad,Telangana, India
Office Locations
--
Websitemagnatekenterprises.com
Primary Industry
--
Other Industries
--
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Magnatek Enterprises Ratings
based on 19 reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
5
4
6
3
4
2
1
1
3
Category Ratings
3.5
Work-life balance
3.4
Skill development
3.4
Work satisfaction
3.1
Company culture
3.1
Job security
2.9
Salary
2.8
Promotions
Magnatek Enterprises is rated 3.8 out of 5 stars on AmbitionBox, based on 19 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Magnatek Enterprises Reviews
Compare Magnatek Enterprises with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.8/5 based on 19 reviews | 4.1/5 based on 1.7k reviews | 3.9/5 based on 853 reviews | 4.2/5 based on 3.2k reviews |
Highly Rated for | No highly rated category | Job security Work-life balance Skill development | Work-life balance | Job security Company culture Skill development |
Critically Rated for | Promotions Salary Job security | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | - | Work from office 85% employees reported | Work from office 74% employees reported | Work from office 69% employees reported |
Rating by Women Employees | 3.1 Average rated by 3 women | 4.2 Good rated by 200 women | 3.7 Good rated by 62 women | 3.9 Good rated by 142 women |
Rating by Men Employees | 3.7 Good rated by 12 men | 4.1 Good rated by 1.3k men | 3.9 Good rated by 749 men | 4.2 Good rated by 3k men |
Job security | 3.1 Average | 4.2 Good | 3.4 Average | 4.3 Good |
View more
Magnatek Enterprises Salaries
Magnatek Enterprises salaries have received with an average score of 2.9 out of 5 by 19 employees.
Area Sales Manager
(7 salaries)
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₹4.2 L/yr - ₹4.8 L/yr
Service Engineer
(7 salaries)
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₹1.5 L/yr - ₹3.5 L/yr
HR Manager
(6 salaries)
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₹3 L/yr - ₹4.5 L/yr
Sales Manager
(4 salaries)
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₹6 L/yr - ₹10 L/yr
Business Development Manager
(4 salaries)
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₹5 L/yr - ₹7 L/yr
Service Technician
(3 salaries)
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₹1.6 L/yr - ₹2 L/yr
Tendering Manager
(2 salaries)
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₹8.3 L/yr - ₹10.6 L/yr
Electronics Engineer
(2 salaries)
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₹1.6 L/yr - ₹2 L/yr
Senior HR Executive
(2 salaries)
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₹6.8 L/yr - ₹8.6 L/yr
Regional Sales Manager
(2 salaries)
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₹8.7 L/yr - ₹11.1 L/yr
Magnatek Enterprises Perks & Benefits
Magnatek Enterprises Offices
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Magnatek Enterprises FAQs
When was Magnatek Enterprises founded?
Magnatek Enterprises was founded in 1964. The company has been operating for 61 years.
Where is the Magnatek Enterprises headquarters located?
Magnatek Enterprises is headquartered in Hyderabad,Telangana.
How many employees does Magnatek Enterprises have in India?
Magnatek Enterprises currently has approximately 20+ employees in India.
Does Magnatek Enterprises have good work-life balance?
Magnatek Enterprises has a Work-Life Balance Rating of 3.5 out of 5 based on 10+ employee reviews on AmbitionBox. 58% employees rated Magnatek Enterprises 4 or above, while 42% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Magnatek Enterprises reviews for more details
Is Magnatek Enterprises good for career growth?
Career growth at Magnatek Enterprises is rated as poor, with a promotions and appraisal rating of 2.8. 42% employees rated Magnatek Enterprises 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Magnatek Enterprises reviews for more detailed insights.
What are the cons of working in Magnatek Enterprises?
Working at Magnatek Enterprises does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, salary & benefits and job security, based on 10+ employee reviews on AmbitionBox.
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