January 29, 2024
Counselor 2024 Best Places to Work: #67 – The Magnet Group
Find out what makes this supplier a top workplace.
Company Size: Extra Large (250+ employees)
Category Ranking: 8 (out of 8 extra-large companies)
Overall Ranking: 67 (out of 75 companies)
Location: Washington, MO
Year Founded: 1983
Ingredients for a Best Place to Work: Top 40 supplier The Magnet Group (asi/68507) maintains “open lines of communication” with employees, says Nathan Baine, director of marketing. And it’s been working. Most team members have been with the company for at least a decade.
“It’s a family environment,” says Baine. “Employees and supervisors feel heard and seen. We also nurture a culture of career growth and opportunity, which allows employees to develop their skill sets in different ways and grow into leadership positions.”
Among employees, the company scored well in a number of areas, including knowing how their work relates to overall objectives, mutual cooperation among team members and the likelihood of them recommending the company as a positive place to work.
Top Attributes
Alignment With Company Goals
Flexible Work Arrangements
Team Cooperation
Job Satisfaction
Top Benefits & Perks: In addition to offering benefits like health insurance, dental and vision coverage, PTO and 401(k) plans, management at The Magnet Group prioritizes internal applicants when hiring. “We want people to be with us for as long as they want,” says Baine. While employees at factory locations are in the office five days, those in the corporate office and sales are hybrid. “Keeping employees in the office – at least half the time – maintains the company culture and chemistry between departments in ways that fully remote just can’t,” says Baine. “We offer great people a great place to work and grow.”
Three Words That Describe The Magnet Group
Loyal
Empathetic
Determined
Full List: Counselor Best Places to Work