There are newer employer reviews for ERICO
There are newer employer reviews for ERICO

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It was once a good place to work.

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee
Doesn't Recommend
No opinion of CEO

Pros

Stable company. Even in the bad economy Erico has continued to make money. Erico has been in business a long time. Casual dress code. Time off policy is OK. Medical coverage is OK.

Cons

Management does not care about it's employees. There is no job security; all employees are thought of as expendable. In the past few years they have let go people with over 20+ years to trim the top salaries. They have "pushed" several long-time employees into retiring. They no longer offer a pension. Raises are far and few and then only 2-3%. Sick time policy is the worst I've ever seen.

Other Employee Reviews for ERICO

  1. Not too shabby

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engineer in Solon, OH
    Current Employee - Engineer in Solon, OH
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at ERICO full-time (More than 3 years)

    Pros

    Established, stable product lines that often sell themselves. Overall the company is stable and doesn't make rash decisions; they won't fire anyone without really good reason and are cautious about everything. They stick to what they know and when they enter a new market, they don't do it without good research. Decent learning opportunity for engineers if they have the drive for it. Room for some growth and development. ERICO has a very diverse product offering that presents good experience. Good place to get your foot in the door. There seems to be some awareness among the people who run the place that ERICO has some areas requiring significant improvement. Overall, not a bad place to work but not a retirement plan by any means.

    Cons

    Slow. Sooo slow. Older generations of management have their hearts set on being involved when really they're just slowing things down and not really adding any value to the process. The organization is overly cautious and lags behind the rest of industry in terms of systems and process development (information systems are antiques and there is no lean manufacturing, for example). They are also very risk adverse to a fault. Pay is not great. In fact, it's abysmal in some cases but they seem aware of that and are trying to fix it. Company culture is a joke. They think adding "ERI-" to the start of everything makes it unique but there is no annual Christmas party or even company sanctioned extra-curricular activities. Bonus Day is an annual hazing ritual that should be abolished.

    Advice to Management

    Cut some of the red tape and let your lower levels of management have more decision making capabilities. Upgrade your computer systems and unify them. Nuture the ERICO culture by encouraging company-wide team building activities between all levels and varieties of people at ERICO. Cut the Bonus Rookies ritual before there's a lawsuit on the books.


  2. Helpful (3)

    Overall

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Solon, OH
    Current Employee - Anonymous Employee in Solon, OH
    Doesn't Recommend
    Negative Outlook

    I have been working at ERICO full-time (More than 10 years)

    Pros

    people you work with here are what makes this company so unique; pay and benefits are average

    Cons

    Loss of many benefits since the recession in 2009. Most all of them have not been brought back in spite of record sales and ebitda.


There are newer employer reviews for ERICO
There are newer employer reviews for ERICO

See Most Recent

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