Carat

  www.carat.com
  www.carat.com
There are newer employer reviews for Carat

 

Not a bad place to work

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

I worked at Carat

Pros

Carat is a good place to start your career, as they have a strong integrated media practice, and senior leadership will invest to get teams up to speed. Additionally, they are big on moving people laterally (not promoted) if they want to try something new.

Cons

Carat was a great place to get started, but the opportunities to advance beyond one or two levels were limited. The company was more inclined to hire externally than to promote from within.
Additionally, the company reeked of a need to upgrade their technology. The claims of having a digital practice were laughable as most of the equipment/technology was 10 years or more behind. The biggest frustration would come from the computer crashing several times a day or the printers out of service (had to print because limited people had laptops).
Senior leadership (directors, etc.) were ill quipped and not well trained. Most were brought in externally, and had to be coached by employees as to how to do their jobs.

Advice to ManagementAdvice

Continue to invest in the people, and please invest in the technology. The digital space is highly competitive, with technology allowing other companies to do their core competency more efficiently. In order to stay at that level, you need to invest in resources for your staff, such as better computers, etc.
Additionally, please stop hiring senior management that needs to be trained by the current staff. Please create some kind of training program. What is currently happening is that people put themselves up for promotion, then there is a hire externally. The employee that applied for promotion had to then train their boss, which leads to disgruntlement with no option but turnover. Please create training programs internally.

Approves of CEO

95 Other Employee Reviews for Carat (View Most Recent)

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  1.  

    Decent place for entry level or willingness to stay long term for slow advancement

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

    I worked at Carat

    Pros

    Nice people, nice office setting, balance of employees as far as age, etc, friendly atmosphere and a helpful environment to learn/advance.

    Cons

    Not much opportunities for advancement within company or salary wise.

    Advice to ManagementAdvice

    N/A

    No opinion of CEO
  2.  

    Talent exodus since May 2010

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

    I worked at Carat

    Pros

    Convenient location in Midtown East near Grand Central

    Cons

    - No raises for years - after the painstaking annual review (called Halogen) this spring, they came up with 2-3% 'increases' for most of us - that's after 2 years of salary freeze. Meanwhile, I happen to know for a fact that management cut themselves real, decent raises.
    - Resources for research and analytics are extremely poor. Even those everyday office necessities such as printer ink are running low. Sometimes you cannot print out documents for days.
    - Benefit packages are not up to par with other multinational agencies and have been in decline (decreasing days-off, increasing length of tenure for 401K match) in the last few years.
    - Communication from management is often menacing and unprofessional.

    Advice to ManagementAdvice

    This is an at-will employment. If you don't treat your employees with respect, they will leave.

    Doesn't Recommend
    Disapproves of CEO
There are newer employer reviews for Carat

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