Magnite
Magnite Benefits Overview
Superb Healthcare Coverage for You and Your Family from Day One Catered Lunch In-Office Daily Generous Time Off Holiday Breaks and Quarterly Mental Health Days Equity and Employee Stock Purchase Plan Family-Focused Benefits and Parental Leave 401k Retirement Savings Plan with Employer Match Cell Phone Subsidy Fitness and Wellness Reimbursement As well as: Career Development Initiatives and a Career Growth Framework Culture and Inclusion Programs Bonusly Peer-to-Peer Recognition Program Community Service and Volunteer Events Company-Matched Charitable Contributions Wellness Coach and Mental Health Support
Compensation + Benefits
Offers 401(K)
Magnite is committed to helping its employees save for the future, by offering a 401k plan, including multiple investment choices and matching. We also offer financial planning support.
Offers disability insurance
Disability benefits that protect the member and their family are available when they are unable to work. Disability benefits coordinate with applicable state disability programs.
Offers charitable contribution matching
Magnite sponsors a charitable contribution program allowing each employee to donate for a company-match of $150 per year in support of the causes that mean the most to them.
Provides 401(K) matching
Eligible first of the month following hire date, less than 1 year of service: 50% of the lesser of 1) your contribution or 2) 3% of your compensation. More than 1 year of service, the match increases.
Offers life insurance
Life insurance is designed to provide protection for the member and their family against loss of income due to death. Accidental Death & Dismemberment insurance also provides income protection.
Provides adoption assistance
Provides family medical leave
Provides a post-parental leave return-to-work program
Provides an onsite Mother's Room
Hosts company-sponsored family events
Annual Bring Your Kid to Work Day in Los Angeles, NYC, Broomfield (CO) and more!
Offers generous parental leave
Provides fertility benefits
Offers company equity
Yes, all new hires receive a new hire equity grant, based on role and level. NASDAQ: MGNI.
Offers performance bonuses
Provides pay transparency
Offers employee stock purchase plan
ESPP at Magnite has 2 enrollment periods yearly, offering a discount on company stock. This account is managed via E-Trade.
Provides relocation assistance
Offers dental insurance
Magnite offers dental plans that offer flexibility to see any dentist or specialist In or Out-of-Network.
Offers health insurance
Our health and welfare plan includes medical, dental, vision and prescription drug coverage from major national carriers. Domestic Partner coverage is also available.
Offers vision insurance
Magnite offers vision plans that offer flexibility to see any optometrist or specialist In or Out-of-Network.
Offers transgender health care benefits
Offers Flexible Spending Account (FSA)
Flexible spending account options are available with dependent care reimbursement and medical reimbursement account options allowing you to set aside pre-tax dollars for certain expenses.
Offers pet insurance
Pet insurance options offering major medical to everyday care. Apply directly with Nationwide for exclusive plans pricing under Magnite’s affiliation. Receive a 5% discount on multiple pets.
Offers mental health benefits
Our Employee Assistance Program offers a variety of options for mental health support including free virtual counseling sessions and education for managers on supporting supporting employees.
Company Culture
Provides commuter benefits
Magnite subsidizes 50% of commuter and parking costs Capped at $500 on your total commuter order Mass transit fares, Monthly bus passes, Vanpooling fees, Parking at or near your work location
Provides onsite office parking
Provides free snacks and drinks
Provides free daily meals
Lunch catering is available daily in Magnite offices - currently a hybrid schedule (remote Monday/Friday) and in-office (Tuesday/Wednesday/Thursday).
Office is pet friendly
Some offices (like Los Angeles) are pet friendly.
Has a dedicated diversity and inclusion staff
Has a documented equal pay policy
Offers diversity-based Employee Resource Groups
Magnite's established ERGs include "Parents & Caregivers", "Prism" (LGBTQIA+), and THRIVE (Black Employee Network), offering community, education, and advocacy globally.
Has a diversity recruitment program
Magnite partners with organizations like Brixton Finishing School in London to expose students to the adtech industry.
Has a diversity manifesto
Mandated unconscious bias training
Magnite offers quarterly unconscious bias training for all global employees.
Hiring practices promote diversity
Goals include: sourcing underrepresented candidates nationally, thoughtful remote hiring where possible and partnership with DEI&B programs globally.
Utilizes a flexible work schedule
Magnite understands the complexity of working from home during a pandemic and provides employees with a flexible work schedule that includes flexible start and end times, as needed.
Utilizes a hybrid work model
Utilizes an open door policy that encourages accessibility
Engineering team utilizes pair programming
Uses an OKR operational model to clearly define goals and priorities
Hosts in-person revenue kickoff meetings
Open office floor plan to encourage communication and collaboration
Implements team-based strategic planning
Hosts in-person all-hands meetings
In our main Magnite offices, quarterly All Hands Meetings can be attended in-person - though also broadcast virtually for all global employees.
Work-Life Balance + Wellbeing
Offers company-sponsored outings
Magnite hosts local events for employees and families, when possible.
Offers fitness stipend
Magnite Gym Reimbursement program is designed to help employees stay motivated and achieve their fitness goals. Magnite will pay 50% up to $600/year for full-time salaried employees.
Provides access to an onsite gym
Provides recreational clubs
Offers wellness programs
Wellness Coach and Mental Health Support Calm for Kaiser Curated gym discounts, travel discounts Unum Employee Assistance Program (EAP)
Has employee-led culture committees
Provides opportunities to volunteer in the local community
Magnite has hosted Global Volunteer Week for three years, during which all offices participate in supporting local charities and organizations, logging hundreds of volunteer hours.
Offers company-sponsored happy hours
Partners with nonprofits
Magnite sponsors a charitable contribution program allowing each employee to donate for a company-match of $150 per year in support of the causes that mean the most to them.
Offers team workouts
Offers Employee Resource Groups
Offers paid volunteer time
Provides paid sick days
Provides wellness days
Quarterly wellness days are company-wide and published at the beginning of each year, so you can plan accordingly.
Provides bereavement leave
Provides paid holidays
Utilizes an Unlimited PTO policy
Offers a flexible time off policy
Utilizes company-wide vacation
Magnite is closed between Christmas and New Year's annually.
Career Growth + Development
Provides continuing education stipend
Offers mentorship program
Our mentorship program varies by department but may include 1-to-1 buddy program or career support by executive level leaders.
Provides paid industry certifications
Provides tuition reimbursement
Job training & conferences
In addition to onsite job training and conferences, we offer various on the job trainings including new hire orientation, adtech 101 courses and tech training.
Provides online course subscriptions
Hosts Lunch and Learns
Provides personal development training
Provides customized development tracks
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