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Magnolia Bakery Claimed Company
Known for our world-famous banana pudding and iconic buttercream swirl. Since 1996, we have been a destination for locals and tourists alike. And while we have grown, our mission will always remain the same: make today sweeter than yesterday. read more
Magnolia Bakery Company Culture
Magnolia Bakery Culture
This score is derived from employee ratings & reviews2.5/5
Magnolia Bakery's Overall Culture is rated D
Top Rated Culture Dimensions
Environment
BGender
B-Diversity
C+eNPS
D+Manager
DMagnolia Bakery CEO
Bottom 15%Bottom 15% of Similar Size Companies on Comparably
Bobbie Lloyd
58 /100
See More
Diversity at Magnolia Bakery
Top 50%Top 50% of Similar Size Companies on Comparably
C+
Diverse employees at Magnolia Bakery have rated CEO Rating, Environment, and Happiness as the highest categories they have scored
Women at Magnolia Bakery
Top 40%Top 40% of Similar Size Companies on Comparably
B-
Women at Magnolia Bakery have rated Compensation, Perks And Benefits, and Happiness as the highest categories they have scored
Magnolia Bakery eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Bottom 25%Bottom 25% of Similar Size Companies on Comparably
Recommend to a Friend?
-37
Magnolia Bakery employees are -37% more likely to recommend Magnolia Bakery as a great place to work
| 20% | Promoters |
|---|---|
| 23% | Passives |
| 57% | Detractors |
Working at Magnolia Bakery
Working at Magnolia Bakery is rated below average by 36 employees, across various culture dimensions. Magnolia Bakery employees rate Environment highest among all categories, and think that Perks And Benefits and Team have the most room for improvement, putting Magnolia Bakery’s culture in the Bottom 15% compared to similar sized companies on Comparably and in the Bottom 15% compared to other companies in New York. See below in detail how working at Magnolia Bakery was rated by employees.
Overall Company Culture at Magnolia Bakery
D
Overall Company Culture at Magnolia Bakery is rated D
Last updated months ago
Bottom
15%
Magnolia Bakery ranks in the Bottom 15% of other companies on Comparably with 201-500 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterMagnolia Bakery Employee Reviews
Out of 23 Magnolia Bakery employee reviews, 50% were positive. The remaining 50% were constructive reviews with the goal of helping Magnolia Bakery improve their work culture.
| Positive Reviews | 50% |
|---|---|
| Constructive Feedback | 50% |
Positive Reviews From Magnolia Bakery Employees
- What is most positive about the culture and environment at your company?The individual managers can make a good culture for each store, but the company is adapting a corporate first and business first culture that is toxic, not empathetic, and it makes the employees who aren't in the office lives harder.
- What is the best part about your compensation package?Everything is basic. Everything is just a normal package similar to other companies.
- What do you like best about the leadership team?They let us know not to come to the office on Fridays for the summer because they are giving themselves half days on Fridays so they won't be there. That tells you everything you need to know about the leadership team.
Constructive Feedback From Magnolia Bakery Employees
- What does the leadership team need to get better at?Organization and communicating company issues with the team
- Why do you feel undervalued and what would make you feel better about your compensation?Tips and better pay wage
- Why do you feel undervalued and what would make you feel better about your compensation?Overworked, under appreciated. DRAMA. !
Magnolia Bakery Company Information
Magnolia Bakery Company Overview
Known for our world-famous banana pudding and iconic buttercream swirl. Since 1996, we have been a destination for locals and tourists alike. And while we have grown, our mission will always remain the same: make today sweeter than yesterday.
Magnolia Bakery Mission, Vision & Values
Magnolia Bakery Mission & Values
Make today sweeter than yesterday.
| Headquarter | 244 W 54th Street New York City, NY 10019 United States of America |
|---|---|
| Website | www.magnoliabakery.com/ |
| Founding Date | 1996 |
| Tel | (212) 265-2777 |
| Company Status | Private |
Magnolia Bakery Competitors
Magnolia Bakery competitors include Baked by Melissa and Sprinkles Cupcakes. Magnolia Bakery ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how Magnolia Bakery compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Magnolia Bakery Employees
36 employees at Magnolia Bakery have reviewed Magnolia Bakery across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 36 Magnolia Bakery employees give their leadership a grade of D, or Bottom 15% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Magnolia Bakery are mostly dissatisfied with their total compensation at Magnolia Bakery, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Magnolia Bakery are mostly dissatisfied with their team. 36 Participants grade the quality of their coworkers a D-. Less than half believe the meetings at Magnolia Bakery are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Magnolia Bakery believe the environment at Magnolia Bakery is positive. Most Participants believe the pace of work at Magnolia Bakery is extremely fast. About 88% of the employees at Magnolia Bakery work 8 hours or less, while 12% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Magnolia Bakery are dissatisfied, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Magnolia Bakery - Employee Onboarding
The prevailing opinion from Comparably users in New York about their company is that it was very prepared on their first day. New York employees concluded that their overall onboarding experience was positive. 74% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Magnolia Bakery KPIs and OKRs
At this moment no Magnolia Bakery employees have provided insight into whether or not they clearly understand Magnolia Bakery's KPIs and OKRs.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Magnolia Bakery CEO & Leadership
Magnolia Bakery CEO - Bobbie Lloyd
58 /100
Magnolia Bakery’s CEO Bobbie Lloyd started in this role in 2021. Bobbie’s approval rate is lower compared to CEOs at similar sized companies, putting Bobbie in the Bottom 15% of all CEOs of similar-sized companies on Comparably, and in the Bottom 15% compared to CEOs of all other companies in New York. Bobbie Lloyd’s employees rank Magnolia Bakery in the Top 30% for Environment, and in the Bottom 20% for Manager.
Magnolia Bakery Leadership
The Magnolia Bakery Executive Team is rated a “D-” and led by CEO Bobbie Lloyd, COO / CFO Gary Kraus, and Vice President Franchise Operations & Development Maureen DiStefano
Bobbie Lloyd CEO / President
Bobbie Lloyd serves as the CEO / President of Magnolia Bakery.
Gary Kraus COO / CFO
Gary Kraus serves as the COO / CFO of Magnolia Bakery. Gary started at Magnolia Bakery in March of 2011. Gary currently... read more
Maureen DiStefano Vice President Franchise Operations & Development
Maureen DiStefano serves as the Vice President Franchise Operations & Development of Magnolia Bakery. Maureen started at... read more
Erick Larios Director Of Franchise Operations
Erick Larios serves as the Director Of Franchise Operations of Magnolia Bakery.
Magnolia Bakery Salaries
How much does Magnolia Bakery pay?
How much do people at Magnolia Bakery get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Magnolia Bakery is $118,813, or $57 per hour, while the estimated median salary is $127,838, or $61 per hour.
At Magnolia Bakery, the highest paid job is a General Counsel at $252,215 annually and the lowest is an Admin Assistant at $51,114 annually. Average Magnolia Bakery salaries by department include: Product at $137,359, Finance at $95,574, Customer Support at $72,140, and Engineering at $128,464. Half of Magnolia Bakery salaries are above $127,838.
17 employees at Magnolia Bakery rank their Compensation in the Bottom 15% of similar sized companies in the US (based on 43 ratings) while 13 employees at Magnolia Bakery rank their Perks And Benefits in the Bottom 5% of similar sized companies in the US (based on 13 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $76k | $76k | 1st Percentile |
17th Percentile $99k | $99k | 17th Percentile |
33rd Percentile $120k | $120k | 33rd Percentile |
50th Percentile $190k | $190k | 50th Percentile |
67th Percentile $245k | $245k | 67th Percentile |
83rd Percentile $270k | $270k | 83rd Percentile |
100th Percentile $337k | $337k | 100th Percentile |
$118,813*
Average Compensation
$127,838*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Magnolia Bakery Salaries by Department
Diversity & Inclusion at Magnolia Bakery
Diverse employees at Magnolia Bakery score the company 71/100 across various culture categories, placing Magnolia Bakery in the Top 50% of companies on Comparably with 201-500 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Magnolia Bakery across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Magnolia Bakery Perks & Benefits
Health & Wellness
- Dental Insurance
- Health Insurance
Magnolia Bakery PTO
Magnolia Bakery PTO policy is a critical component of the benefits package offered to employees.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Magnolia Bakery Careers
Magnolia Bakery Jobs
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Frequently Asked Questions regarding Magnolia Bakery
What is Magnolia Bakery address?
Magnolia Bakery location is at 244 W 54th Street
Who is the CEO of Magnolia Bakery?
Magnolia Bakery CEO is Bobbie Lloyd, their score by employees is 58
What is Magnolia Bakery eNPS?
The eNPS for Magnolia Bakery is -37
What is the salary for Business Analyst in Magnolia Bakery?
Business Analyst average salary in the US is 80k
What are the salaries in the Business Development in Magnolia Bakery?
The average salaries for Business Development in Magnolia Bakery is 138k
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