Li & Fung Reviews

Updated September 1, 2014
Updated September 1, 2014
50 Reviews
2.9
50 Reviews
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Bruce Philip Rockowitz
22 Ratings

14 Employee Reviews Back to all reviews

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  1.  

    No happy at all

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Li & Fung full-time

    Pros

    steady income and great co wooers.

    Cons

    no room for growth at all

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Once a monster in the consumer products sourcing industry, now realizing the downfall of the lack of accountability.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director -Product Development  in  New York, NY
    Former Employee - Director -Product Development in New York, NY

    I worked at Li & Fung full-time for more than a year

    Pros

    Many resources for sourcing consumer products.

    Cons

    Too many hands in the cookie jar, not nearly enough focus on the day-to-day business.

    Advice to ManagementAdvice

    Know your customers, know your employees, and refrain from knee-jerk actions. Patience is a virtue that pays off.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  3.  

    Very Corporate, Cut throat environment, Offers good benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Designer  in  New York, NY
    Former Employee - Assistant Designer in New York, NY

    I worked at Li & Fung full-time for more than 3 years

    Pros

    offered a 3% match on 401K, Covered medical coverage, 15 PTO days

    Cons

    Terrible Management, Preferential treatment to staff brought in by management from former companies

    Advice to ManagementAdvice

    Treat employees equally, Listen to their concerns and respond objectively

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Company is a mess

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Li & Fung full-time for more than 3 years

    Pros

    Benefits and salary. They pay really well and the benefits are amazing.

    Cons

    No room for advancement. They are so short staffed and wont hire people. Everyone is overworked.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Very Disorganized, Poor Communication

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Analyst  in  New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at Li & Fung

    Pros

    1. perks from the sample sales
    2. great health and dental benefits

    Cons

    The communication between upper management and HR is extremely bad
    The hours are very long some times, they expect you to stay until the job is done, no matter what.
    There is no work life balance
    shifting of positions that some employees may not want, putting employees in a position to "take it or leave it attitude"
    Some of the managers there need a reality check!!!!!

    Advice to ManagementAdvice

    1. Need to improve on commuication to employees regarding any changes and not waiting until there are rumors regarding lay offs
    2. Needs better training programs for management and other employees
    3. Opportunities for advancement and not just shifting jobs from other citiies
    4. Better and competitive salaries

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Compressing Workplace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Account Executive  in  New York, NY
    Former Employee - Senior Account Executive in New York, NY

    I worked at Li & Fung

    Pros

    Excellent design team - line design is right on. Now owned by Li & Fung, the benefit package is unbeatable (company paid healthcare).

    Cons

    No communication on performance or expectations. A company where it is "trial by fire" without any training on systems etc. The company was bought by Li & Fung Nov 2009 and because of that is compressing & the environment has become extremely cut throat where people are fighting for their job. In previous days the work environment was about team work. Now it is every man for himself in a very ugly way.

    Advice to ManagementAdvice

    Managers who know how to manage inventory but not people. People are expendable. They are not a commodity. People with families are the most expendable. Ownership grades employees by the number of face time hours rather than a thorough job completed during working hours.

    Doesn't Recommend
  8.  

    Great company but not the best money starting out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Li & Fung

    Pros

    Li & Fung is a large and well established corporation that offers great learning opportunities and a wonderful benefits pacakge.

    Cons

    Salaries are very low and employees can be over-worked. The culture is not consistant between the divisions because of all the acquisitions.

    Advice to ManagementAdvice

    Offer more comprehensive training and better acquaint employees with the actual environment in the division they will be placed as there are big differences between all of the different companies within the groups.

    Doesn't Recommend
    No opinion of CEO
  9.  

    Ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Temporary Associate  in  Gurgaon, Haryana (India)
    Current Employee - Temporary Associate in Gurgaon, Haryana (India)

    I have been working at Li & Fung as a contractor for less than a year

    Pros

    great name to have it on your CV

    Cons

    career growth is quite slow

    Advice to ManagementAdvice

    n/a

    Recommends
    Negative Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Good place to learn how to be entrepreneurial, but work life balance sucks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Hong Kong (Hong Kong)
    Current Employee - Anonymous Employee in Hong Kong (Hong Kong)

    I have been working at Li & Fung full-time for more than 3 years

    Pros

    - good place to learn how to run a business
    - working for an industry leader
    - you'll learn fast, because you'll have to survive in chaos

    Cons

    - messy organization structure
    - few team cooperations, unhealthy competition at times between business units to a point it's causing the business
    - work life balance sucks, not having a life is almost a culture here

    Advice to ManagementAdvice

    Mean it by walking the talk if you say you care about your employees, and make sure the 2nd and 3rd tier leadership also walk the talk.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Benefit not bad, but boring jobs.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Li & Fung full-time for less than a year

    Pros

    - Office location is good.
    - not out-standing, but reasonable salary , benefit & working hour.

    Cons

    - Work overtime daily.
    - The daily work repeat and repeat every days which is boring.
    - You can't make decision if you are not management grade, even you are senior level.Because the traditional and hierarchical management,
    - Not much opportunity to promotion.

    Advice to ManagementAdvice

    raise the chance of internal transfer.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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