HR Philosophy
"To Make Our Internal Customers Traverse the Path of Accelerated Growth through Complete Ownership of Our Customer Needs by
providing Fulfilling Career in Multi Focused Spatial Solutions, Services & Products to our Employees Delight"
At Magnasoft we are driven by our strategic goal:
"Accelerated growth by 2012 providing multi focused spatial solutions ensuring complete ownership of our customers
needs"
Magnasoft endeavors to:
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Inculcate an open, interactive, congenial and innovative work environment.
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Collaborative work environment aimed at achieving the highest quality results.
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Development of employees through training programs that would enhance their skills - a way of life at Magnasoft.
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Maintain a warm and positive work environment, where every employee maintains the self-confidence and self-esteem of others
Values
The C-I-C-A-R-E Principle.
At Magnasoft, Complete Ownership of customer needs by practicing:
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C
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Complete Ownership
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I
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Integrity: Complete ownership to be ethical, sincere and open
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C
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Customer Needs: Complete ownership that delivers customer delight by understanding of customer needs
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A
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Accountable: Complete ownership to meet & exceed targets that are set for internal & external customer
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R
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Respect: Complete ownership to treat people fairly while facilitating accelerated growth & learning
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E
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Entrepreneurship: Complete ownership of accelerated growth driven by collaborative Leadership
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Culture at Magnasoft
Complete Ownership of “Learning, Earning and Fun with Pride at work".
We facilitate a friendly environment that enables our employees to take complete ownership of what ever they do. That is
reflected in our associate’s relationships internally with colleagues, clients, partners, or the society in
which we live.
As a dynamic and fast growing company, we are committed to the complete ownership of continuous excellence by focusing beyond
technology and practicing innovative methods of financial management, business development strategies and nurturing human
resources.
Well established HR policies and practices that cater to the diversified and far-flanked employees working across the globe. We
take complete ownership to provide balance in professional and personal life of our employee's providing an invigorating working
environment for overall development of an individual.
Competency building and continuous learning
Magnasoft believes in "LIVING ON THE EDGE".
An epitome that envisages the concept of competency building by constantly nourishes our employees through investment in skill
enhancement programs and professional training that accelerates development of the overall personality of employees.
All associates at Magnasoft are provided training program that will ensure long term growth and productivity.
Performance Management
The Performance Management System is a composite and is evolved from the current software industry trends and best practices to
best suit our environment. The integrated approach of Complete Ownership is practiced to identify and reward employees
appropriately at all levels in the organization.
The senior management and middle management are highly mature in their approach, by practicing a more voluntary strategy and
target-oriented MBO (Management by Objective). The system ensures vertical & horizontal growth of the organization.
Benefits
Healthcare
At Magnasoft we believe "a healthy associate is a happy associate". In consonance with the philosophy Magnasoft provides Health
Insurance Benefits for all full-time associates and designated dependents. Associates and dependents are also provided access to
insurance coverage under hospitalization scheme by United India Insurance Co. Ltd.
In addition, Magnasoft associates have access to the group personal accident and life insurance. The overage starts from the day
associate employment commences.
Non-monetary Benefits
Magnasoft provides competitive non-monetary benefits to its associates over and above their normal compensation to achieve
maximum productivity by providing a satisfying and comfortable work environment. The facilities include:
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Recreation room
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Cafeteria
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Photogrammtetry Lab
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Company-Wide Events and Celebrations to promote recognition, team interaction and bonding