Broadridge

  www.broadridge.com
  www.broadridge.com
There are newer employer reviews for Broadridge

3 people found this helpful  

What happened after spin?

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee in Jersey City, NJ
Former Employee - Anonymous Employee in Jersey City, NJ

I worked at Broadridge

Pros

Camaraderie with fellow associates (below management).

Cons

After spin deadwood carried over to new company; Broadridge suffers from strategic dissonance and a lack of organization innovation because of their middle and senior management fear of change (the resistance of forces). The technology is not full utilized because of the bureaucracies and waste within management.
Broadridge suffers high turnover in finance, customer service, sales and human resources because of lack of job enrichment, pretty much managers fear anyone who knows more than they do and will make life unbearable to anyone who threatens their job security. This organization lacks cohesiveness and their turnover numbers show it especially in finance and human resources.

This company level of diversity is as follows:
    High recruitment & lack for retention
                     Blacks, Latinos, Asians and people with disabilities are non-existent in management.
    Ratios of women in senior management rates below poor.
                     Training and mentoring programs are poorly run and associates are discouraged during work hours to take any additional training because of impact on workloads.
    Salary/benefits are just below average
    Family/work life balance only exists in senior and middle management.

Associates who are able to fit into the culture of the management click, you will have a long career; if not…much backstabbing and job sabotage will be in store for you (just like high school). This company is not for the faint of heart and has a strong resistance to change.

If you are a trained in recruiting and looking for long term employment, but lack a social life, this is the job for you, but stay away from the death camp in Journal Square.

Advice to ManagementAdvice

Richard Daily is a wonderful person, but is clueless on what his middle management team is doing to the morale of the associates and the business. He is losing the best qualifying associates and left with incompetent deadwood. Richard needs to view his headcount reports and find out why several of his departments are beyond high in turnover. He also needs to move some of his “long” term managers in those departments out to stop the cycle. Broadridge is long over due for a change intervention and total restructuring of the management.

A recruiting agency once stated that Broadridge is a cash cow (for recruiting) and the agency can count on Broadridge to make the quotas. A very sad statement, Richard.

Doesn't Recommend
No opinion of CEO

267 Other Employee Reviews for Broadridge (View Most Recent)

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  1. 3 people found this helpful  

    Nice company but poorly managed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Lead Programmer Analyst in Edgewood, NY
    Current Employee - Lead Programmer Analyst in Edgewood, NY

    I have been working at Broadridge

    Pros

    * Good position in market (Very weak competitors)
    * Making profit even in bad economy
    * Growth potential
    * People don't get laid off if they do decent job
    * Corporate management seem to be interested in improving employee satisfaction
    * Made to "Best Companies to Work for in New York" list in 2009 & 2010 (However it sends survey to only 5% "random" employees)

    Cons

    * Heavily micro managed by middle layer management
    * Way more bureaucracy than you can ever imagine (very surprising for a company of this size)
    * People get recognized based on their personal relations rather than work related skills
    * Managers to Programmer/Business analysts ratio almost 1:1 (which explains bureaucracy)
    * Underutilized and unqualified (but highly recognized) managers
    * Still utilizing and promoting technology from 60's, paperwork required for almost everything (doesn't know its 21st century)
    * Intelligent and smart people usually get sidelined and never move up as their bosses fear them. Supervisors prefer subordinates who always say yes and do not have courage to speak up their mind (these skills are more important than work related skills)
    * You end up working only upward to grow in the company, its not fun when you are good at what you do and believe in quality work
    * Employees work way more than 40 hours every week (and weekends), mostly doing useless repetitive tasks, which has frustrated lots of employees in number of departments

    Advice to ManagementAdvice

    * Move to newer technologies
    * Reduce paperwork and start using software workflow solutions for in-house needs
    * Improve organization structure. Do we really need these many managers? Really??
    * Needs better and tighter HR policies in place so that middle management can't make other employees feel terrible
    * Recognize right people and company will save more money than you can imagine (which means more bonuses for you!!!)
    * Push policies for better work life balance, you need happy and relaxed employees if you plan to be competitive for long period

    Doesn't Recommend
    No opinion of CEO
  2.  

    Great Culture at Broadridge

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

    I worked at Broadridge

    Pros

    Great culture, relaxed environment, smart people. The people that I worked with were smart and had other industry experience, but were very relaxed. Loved the culture

    Cons

    I felt that there was minimal upward movement. I wasn't there too long but felt that they didn't give the interns too much responsibility.

    Advice to ManagementAdvice

    I don't have much feedback. The lateral teamwork across all departments is great. It fosters a warm environment at Broadridge

    Recommends
    Approves of CEO
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