Coinmach

  www.coinmach.com
  www.coinmach.com

Coinmach Reviews

12 Reviews
2.0
12 Reviews
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Robert M. Doyle
3 Ratings
  1.  

    Stable, consistent, boring

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Plainview, NY
    Former Employee - Anonymous Employee in Plainview, NY

    I worked at Coinmach

    Pros

    In most positions there is very good life/work balance, but it can really depend on who you work for. Over the last 10-15 the company has been solid and reliable, giving you job security if you can execute to expectation. In general, the bar is pretty low, so that should not be hard for hard working, competent people. For the right person, there is great opportunity withing Coinmach, especially if you work for the right people. The company has a great platform, and as long as risks are taken, the future for Coinmach should be very bright even as the core business slowly declines.

    Cons

    Comparatively low paying in many positions. Very non entrepreneurial, risk averse culture. Some would view this as a plus. In many cases it creates a dynamic in which tenure is given preference to performance, which leads to non performance driven culture. Like many companies, the business is very demanding, and managers are always asked to do more with less. In many cases a macro approach to managing at the executive level has lead managers to make decsions that improve short term performance but likely erode long term value. Ultimately value is determined by the market, and to date this has not been proven out.

    Advice to ManagementAdvice

    Senior management has an excellent track reward. Keep up the good work, try to take more risks. Managing risk does not mean not taking any, when you go with an idea, estimate the resources you project it to need and double it. Lots of good ideas seem to get wasted because an unrealistic assumption on the resources needed to support the idea. Work hard to create a more entreprenuerial, performance driven culture.

    Approves of CEO

Coinmach Interviews

Interview Experience

Interview Experience

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100%
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Getting an Interview

Getting an Interview

100%

Interview Difficulty

3.0
Average

Interview Difficulty

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Easy
  1.  

    Sales Representative Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through a recruiter. The process took 3 weeksinterviewed at Coinmach.

    Interview Details

    Interviewed with a senior executive and other (peer) sales reps.

    Interview Questions
    Negotiation Details
    Non negotiable - set salary & commission structure
    Accepted Offer
    Neutral Experience
    Average Interview

Coinmach Awards & Accolades

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Additional Info

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Website www.coinmach.com
Headquarters Plainview, NY
Size 1000 to 5000 Employees
Founded 1947
Type Subsidiary or Business Segment
Industry Consumer Services
Revenue $100 to $500 million (USD) per year

Coinmach is the national leader in laundry center equipment and service for the multifamily housing industry. Although washers and dryers are our product, we understand that we provide more than laundry equipment—we help property owners provide a valuable amenity that positively impacts their residents’ lives.

In addition to multifamily housing, Coinmach installs and services laundry equipment within many industries including hospitality, corrections, truck stops, RV parks, campgrounds, and many more. Wherever there is a vended laundry need, Coinmach can help with...
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