WHY JOIN MAGMA
When we bring on new team-members, we always believe we’re hiring for life. Employee retention is critical to us at MAGMA. We reward good work and promote according to merit and performance supported by timely and regular employee appraisals.
The breadth of our businesses offers our employees a diversity of opportunities for growth and learning in various businesses and functions. Several people on our current senior management team have led operations across distinct verticals over years of committed service, giving them a solid, 360-degree knowledge of Magma’s operations.
By investing time in training, developing and encouraging our employees, we at Magma create home-grown leaders at all levels and across all functions. Our focus on succession planning ensures that second-line leadership members focus on specific growth-areas that will help them graduate to the next level of leadership.
PERFORMANCE-BASED CULTURE AND REMUNERATION
Our pay-scale, based on benchmarks set by esteemed global organisations, is designed to reflect and reward quality performance in a transparent manner. This performance driven culture helps to align individual goals with corporate goals. A well-defined fixed & variable pay structure for the vast majority of Magmaites ensures that good work is quickly and fairly rewarded. Fun incentive schemes like the World Cup Chalo program and trips to Hong Kong, Macau and Goa, also encourage each employee to give his or her best every day.
Data-driven culture allows employees to track their progress in real time while creating an atmosphere of transparency and openness. Our ‘lead tracker’ gives us freedom to dissect sales-data according to different measures, while preset reports make it easy to zero in on whatever issues might arise.
TRAINING AND DEVELOPMENT
With several e-learning modules implemented across all departments, and more than 20,000 hours of training in the 2011-12 fiscal year, we have supported employee development throughout the Magma family. Our process-oriented culture and attention to detail create a solid foundation upon which our employees can grow. For Senior Management members, we organise participation in Management Development programs through various workshops at top B-schools around the country.