Altria

www.altria.com
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1 person found this helpful  

Great brands, but struggling to innovate beyond the core business

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Associate Principal Engineer in Richmond, VA
Current Employee - Associate Principal Engineer in Richmond, VA

I have been working at Altria full-time (more than 10 years)

Pros

- Great brands: Marlboro, Copenhagen, Skoal, Black & Mild
- Solid balance sheet and market capitalization (Fortune 200)
- Culture of camaraderie in some parts of the organization that make it fun to come to work every day
- Good compensation and benefits
- Commitment to attract and retain talent

Cons

- Lack of empathy with the consumer
- Risk adverse culture that negatively impact company's ability to innovate beyond the core business
- Controversial product category (Tobacco)
- Declining cigarette category which is responsible for 90%+ of Altria revenues
- Low diversity in some parts of the organization, which translates in old-school line of thought

Advice to ManagementAdvice

Need to create a Global Innovation organization that is responsible to drive new breakthrough concepts towards commercialization, aside from Marketing and Product Development. Just because it's important for employees to drive innovation in what they do, does not mean that there is no need for an Innovation organization. Just like the responsibility of every employee to exhibit fiduciary responsibility does not preclude the existence of a Finance department.

Doesn't Recommend
Neutral Outlook
Approves of CEO

332 Other Employee Reviews for Altria (View Most Recent)

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  1.  

    Industry Leader....for now

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Territory Sales Manager in Wichita, KS
    Current Employee - Territory Sales Manager in Wichita, KS

    I have been working at Altria full-time (more than 3 years)

    Pros

    Industry leading brands, excellent training, generous benefits package, lots of flexibility and autonomy in position, good work-life balance

    Cons

    Lower salary & bonus than similar positions at similar companies, infrastructure for promotion and advancement is based exclusively on candidate mobility resulting in nearly all middle management being very young and relatively inexperienced, overall corporate strategy is clearly focused entirely on stock price and short term Wall Street gains versus long term brand building.

    Advice to ManagementAdvice

    Stop basing promotions solely on employee mobility

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Very positive, very professional atmosphere. A very demanding employer.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Territory Sales Manager in Bedminster, NJ
    Former Employee - Territory Sales Manager in Bedminster, NJ

    I worked at Altria full-time (more than 10 years)

    Pros

    Competitive Salary and bonus. Company vehicle. Excellent benefits and 401k plan.

    Cons

    Your selling tobacco products. It's not for people who have an issue with socially maligned markets.

    Advice to ManagementAdvice

    I hope they can sustain the business. A lot of great people work at Altria!

    Recommends
    Negative Outlook
    Approves of CEO
There are newer employer reviews for Altria

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