Magnit
Magnit™ is a global leader in contingent workforce management, with over 30 years of experience. Headquartered in San Francisco, the company specializes in integrated solutions that optimize the extended workforce. Magnit serves hundreds of well-known brands, providing technology-driven strategies that align talent acquisition with business growth and cost-efficiency. The company emphasizes diversity, equity, and inclusion while managing compliance and risk for global enterprises. Magnit’s Integrated Workforce Management (IWM) Platform combines data, software, and managed services to meet contingent workforce needs. Key offerings include Vendor Management Systems for streamlining labor procurement, Direct Sourcing to build talent pools, Services Procurement for managing project-based engagements, and Risk and Compliance Solutions to ensure adherence to labor laws. The platform is designed for agility, transparency, and scalability, allowing clients to adapt to changing workforce demands.
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Headcount trend
Magnit went from 2,316 employees in Jul 2023 to 2,703 in Jun 2025. Last 6 months: 322 people joined, 178 left.
Org structure
Headcount by department
Salaries at Magnit
All salaries14 salary profiles in the US
Most reported roles
H-1B sponsorship
The department split adds up all the years listed above. FY2026 alone: 5 filings.
Peer reviews
Worked with someone at Magnit?
Anonymous peer reviews on OffTheRecord
Similar companies
Magnit FAQ
How many employees does Magnit have?
Magnit has about 2,703 employees, up 3.1% over the last 3 months (as of Jun 2025).
Does Magnit sponsor H1B visas?
Yes. Magnit filed 5 H1B (LCA) applications in FY2026, according to the latest U.S. Department of Labor disclosures. Most of them were for Engineering roles.
What is Magnit's revenue per employee?
Magnit makes about $13.02M in revenue per employee, based on $35.2B annual revenue and 2,703 employees.
How much does Magnit pay?
6figr has 14 salary profiles for Magnit in the US and 3 in India, with pay broken down by role, level, gender and ethnicity on the Magnit salaries page. See Magnit salaries in the US
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles. Updated 11 Oct 2026.
