VetCor – Hingham, MA
• Manage the financial planning process for the annual operating plan, periodic reforecasts, and multi-year strategic plan • Analyze actual… TheLadders.com
- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I worked at VetCor full-time (more than 3 years)Pros
1. The people are friendly and down to earth
2. It's a good commute if you live in the South ShoreCons
These statements are based on my time at VetCor headquarters through 2012. I left that year after slowly realizing VetCor was not a place to plan my future around. I have confirmed with colleagues that all of the following points are still true.
1. There were gaps in key management roles that remain unfilled while the company continued to grow 15-20 hospitals a year. VetCor did not have a Head of HR, Controller, Head of Benefits. I also heard that the CFO and Accounting Manager were let go some time recently. These are all essential positions that a company of 1,500+ needs to have.
2. Key departments were understaffed leaving the existing staff overwhelmed and unable to keep up. Accounting, for instance, was often late to pay hospital bills. This led to many cases of hospitals almost getting their utilities shut off.
3. No structure for career advancement. Annual reviews only happened once in the three years I was there. I noticed most people did the same exact job year after year without any growth.
4. Leadership did not communicate it's vision with employees. Other than hearing about new hospitals being added, leadership kept planning to themselves. Also, we were never informed when key people were let go and how that would impact us. The VP of Finance was let go without any communication. His desk was just empty one day.Advice to ManagementAdvice
Be honest with your staff and hospitals about your intentions for this company. VetCor keeps getting bigger and bigger, but no attempts are made to get more efficient or hire to fill the many key vacancies this company has. This seems like a clear sign that leadership is looking to sell soon and not deal with the growing pains of this company. Why else would a company choose to grow at this pace with so much going wrong.Doesn't RecommendNegative Outlook