American Stock Transfer
1.8 of 5 11 reviews
www.astepsdiv.com New York, NY 150 to 499 Employees

American Stock Transfer Reviews

Updated Jun 28, 2014

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1.8 11 reviews

                             

25% Approve of the CEO

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Mark Healy

(4 ratings)

9% of employees recommend this company to a friend
11 Employee Reviews
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    company is going nowhere

    Paring Associate (Former Employee)
    Brooklyn, NY

    ProsThere are a lot of good people, most jobs are 8-4, 9-5, you get paid for lunch, decent benifits

    Consno chance for upward mobility unless you know someone, bonus system for all overtime eligble employee is very unfair, raises are a joke

    Advice to Senior Managementtreat the employees better.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    They will work you until you drop

    Customer Service Representative (Former Employee)
    Brooklyn, NY

    ProsSteady Monday-Friday . There is room for advancement but no pay increases until you prove yourself. There are many hardworking and friendly people at the company but they seem beaten down. Good benifits and paid time off.

    ConsManagement needs to be reasonable.You have to wait to use the restroom at busy times(all day).Only management receives bonus for cracking their whips.Everything that goes on in the company is top secret and the rumors start. Oh and there is always a outbreakof bedbugs. I will give the company credit for treating this pest issue but someone is always bringing them back in. Parking is the worst if you start a later shift.

    Advice to Senior ManagementTreat your employees better and hire staff so you will not have such a high turnover. Let the employees know what is going on so they dont have to hear it second hand in the breakroom .

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    transfer analyst

    Administration (Current Employee)
    New York, NY

    Proscompany is a mid size company and there is plenty of room for improvement

    ConsCohesiveness and consistency throughout business processes

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Don't work here

    Shareholder Administrator (Former Employee)
    Brooklyn, NY

    ProsLots of overtime opportunities, Easy to get a job, Many weekends off

    ConsLittle to no ability to advance, poor benefits, poor commuication with supervisors

    Advice to Senior Managementlisten to all employees and have some kind of incentive plan.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Unappreciated

    (Former Employee)

    ProsI made a few good friends and networking contacts.

    ConsThere are many but I'll only mention a few. First, there is a serious lack of appreciation. After working for over a year for a low, paid-by-the hour rate, with no benefits what so ever (not even paid days off or holidays no less a Christmas bonus) and numerous promises of a fulltime offer, I was cutoff due to "budgetary concerns". Second, my observation of the culture around me was that if you weren't a cling-on from the previous regime, a Manager or in the Fidelity click, you weren't going to go anywhere. Everyone else is a worker ant. Third, the location is terrible. It is in the middle of nowhere Brooklyn and is challenging to get to by mass transit...another example of disregard to employees. And fourth, bedbugs.

    Advice to Senior ManagementShow some appreciation and stop being cheap...promote the right people and share the wealth when you make $60MM. And they can do that in other ways if they don't want to pass on money directly such as more days off, a quality kitchen or subway cards.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    2 people found this helpful  

    "Highly not recommended"

    Anonymous Employee (Former Employee)

    ProsYou get to meet good people here.

    ConsI have a robust list but just a few I will state:

    1) unappreciative of your work performance- people who really work, gets shafted vs the ones that sit at there desk and fiddle/shuffle papers get promoted.
    2) Too many family members which is a conflict of interest IMO
    3) Unethical style of management, back stabbing!
    4) Name the company Bony Mellon already since everybody's grandmother is coming in from there.

    Advice to Senior ManagementRead the reviews, potty train your management and appreciate your hard workers

    No, I would not recommend this company to a friend

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    This company is crooked and promise you the world to get work there then lie to your face about bonuses, benefits, pay..

    Customer Service Representative (Former Employee)
    Brooklyn, NY

    ProsThey pay in US dollars. When made permanent after a yr or so of working temporary you work a 8hr day due to paid lunch. You get your own desk, phone, computer, and mouse!

    ConsThey're too many to list. The best is bedbugs that always seem to come back. Work is stressful. Managers record everything you do on the computer and phone. You need to ask permission to get up from your desk like a child. They want you to be like a machine, but the place is unorganized group of nobodies that only hire family members and friends to promote them past people that've been there for years. Pay compared to what you make them is horrible. They made $80 mil profit and can't give bonuses to workers that made them that money. Just stay away if you can. If you need work they'll take you. But escape as soon as you can. They'll bring you review meetings and make you sign things that you don't get copies of. Real professional. So there goes your unemployment.

    Advice to Senior ManagementStop hiring family and friends because they don't mix. Stop expecting perfection when you pay a dismal salary. Stop acting like the Stasi and remember the name, "AMERICAN Stock Transfer." Share the profit and maybe the people that work there will care and stop making foolish errors to impede your "business"

    No, I would not recommend this company to a friend

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    Its not What you know, its Who you know.

    Administration (Former Employee)
    Brooklyn, NY

    ProsYou make great friends. Thats it!

    ConsLearn the business and then run and go to a stand up company that will appreciate recognize and reward your efforts. Its not going to happen here. Unless you know someone here you are not going to go places. Most managers are local and walked in the door without a stitch of knowledge.

    Advice to Senior ManagementGet some knowledge and then a clue. Your too worried about your job security that you pass by the lil guys that actually make the company shine. Reward and praise get you places and they are there to make you look good. Read these reviews and act on them

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    No room for growth

    Anonymous Employee (Former Employee)

    ProsYou develop great relationships with co-workers

    ConsNo room to grow, poor pay (they don't pay you your worth or for your work), everyone is a VP. There is no organization, a lot of gossip.

    Advice to Senior ManagementTake notice of people's work ethic, quality, and dedication.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Good people, not sure of future

    Anonymous Employee (Current Employee)
    Philadelphia, PA

    ProsAccessible senior management, friendly people who work together, reasonable working hours. The management just changed and are committed to growing the business.

    ConsVery long hours in operations, hard to move up since company is small. They are not into working from home but allow it from time to time.

    Advice to Senior ManagementDevise true career paths for employees and reward them for a job well done

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Glassdoor is your free inside look at American Stock Transfer reviews and ratings — including employee satisfaction and approval rating for American Stock Transfer CEO Mark Healy. All 11 reviews posted anonymously by American Stock Transfer employees.