MagicBricks Head of Product salaries in Mumbai

Likes

Great infrastructure.

Dislikes

...ers are underpaid (only 8-10k) while being made to handle significant workloads. The compensation offered to freshers is shockingly low, making it an unattractive place for young professionals seeking fair pay and career growth. 3. Favoritism & Referral Bias: There is a clear bias towards existing employees. Since the company provides monetary incentives for employee referrals, current employees primarily refer their close ones rather than qualified candidates. This has resulted in a toxic work culture where deserving candidates are overlooked in favor of personal connections. 4. Questionable Leadership in the Legal Department: The Head Legal is on a contract but does not contribute effectively. Attendance is irregular, and even when present, personal work seems to take priority over company responsibilities . Additionally, the hiring of the Assistant Legal Manager raises serious concerns about favoritism and ethical standards. 5. Nepotism & Unethical Practices: The appointment of the Assistant Manager Legal appears to be a case of blatant nepotism. It might be possible that the Head Legal received financial benefits in exchange for recommending the candidate. This raises serious ethical concerns and questions the integrity of the hiring process. Such careless hiring has negatively impacted the efficiency and credibility of the legal department. FINAL VERDICT: This company prioritizes favoritism, internal politics, and personal gains over talent and merit. Freshers should be cautious before joining, as they are likely to be exploited with low pay and contractual roles. The legal department, in particular, suffers from poor leadership, unethical hiring, and inefficiency. A serious overhaul of the hiring process and leadership accountability is necessary for the company to improve its work culture. WOULD NOT RECOMMEND TO FRESHERS OR PROFESSIONALS LOOKING FOR FAIR CAREER OPPROTUNITIES.

Likes

Salary on time

Dislikes

No appraisal if you are working on third party payrole like Teamlease Company culture -Politics in Contact centre and in every process No new learning after 3 months of your joining Don't expect anything from your Manager just manage by yourself, blame game is always there Product team will not provide any additional value only removals are there in product although listing base organisation so not much expectations.

Likes

Nothing much to say about likes except for salary structure to save taxes(not the salary paid) and you get to work with new technologies here.

Dislikes

No work life balance, not promoted much, not so high salary, micro management, policies which doesn't benefit employee much, toxic hierarchy, no work from home.

Likes

Good in terms of job security. Appraisals are average but for those who are already on a good package.

Dislikes

No employee friendly policy. Only good tax benefits. Most managers cry if asked for leave. Senior tech managers are not competent enough for their roles. Flexible shift timings but some managers unnecessarily asks to come before a particular time. Some people are favourites of senior managers so all the tech innovation related tasks are given to them only. Others are provided with regular tasks.

Likes

The only benefit is the Times group name (Times OF India Newspaper) and PRESS Card.

Dislikes

Pathetic culture, No clarity, Lacks upskilling culture, No team sense, Worst target setting and Variable pay structure.