Molex

  www.molex.com
  www.molex.com
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1 person found this helpful  

Molex Senior Management

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Account Manager in Chicago, IL
Current Employee - Senior Account Manager in Chicago, IL

I have been working at Molex full-time (more than 5 years)

Pros

Overall, Molex's senior management is a group of amiable men. Why most of them have British, Irish type accents is somewhat of a curiosity. It's almost as if Molex is governed by foreign interests. They appear competent, but it is always a glaring question if they are really worth the compensation packages that are currently in place.

Cons

Molex Senior Management displays numerous foibles. One of the most prominent is the wasteful allocation of monetary resources. Recently, Molex executive management instituted a training regimen called S.P.I.N. Sales training. Spin training is produced and administered by Huthwaite, Inc. The SPIN training provides sales performance improvement through a specific methodology. Unfortunately the methodology is appropriate to large ticket, complex system sales such as in high end software sales. As a tool used in connector, or component sales, SPIN is largely overkill and therefore not practically useful in Molex’s major marketplace. The overarching problem is simply the negative monetary impact that contracting Huthwaite had on Molex’ bottom line. The program is quite elaborate and I estimate the cost to have been around $1Mil and that is an enormous amount to spend that is not very practical to Molex’s specific market. What actually occurred was that Huthwaite cleverly employed their own SPIN program in convincing Molex’s top management to buy into the program. Of course no one involved would ever admit to such an error due to embarrassment and pride, but it was a wasteful error nonetheless. There are many more examples of comparable gross waste at high levels, but as usual, the old naked king syndrome is well entrenched.

Recommends
Negative Outlook
Disapproves of CEO

87 Other Employee Reviews for Molex (View Most Recent)

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  1. 1 person found this helpful  

    Not enough career development opportunities for employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Lisle, IL
    Current Employee - Anonymous Employee in Lisle, IL

    I have been working at Molex

    Pros

    Flexible work schedules, great benefits

    Cons

    Not enough development opportunities for existing employees

    Advice to ManagementAdvice

    Lots of great talent within consider developing them before they leave

    Recommends
    Approves of CEO
  2. 2 people found this helpful  

    A good place to work until you disagree with someone

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Maumelle, AR
    Current Employee - Anonymous Employee in Maumelle, AR

    I have been working at Molex

    Pros

    Flexible hours, lots of work to do, some fun people to work with, no shady business practices, ability to find a niche.

    Cons

    Lots of work to do, often requires overtime, most of the engineering managers make better engineers than managers, lack of flexibility on methods of completing tasks, lack of group discussion to come up with a solution to a problem.

    Advice to ManagementAdvice

    Listen to your employees. Many of them have really good ideas, but they are trampled by having to conform to your way of doing things. Allow for your employees to have a little fun while working, give them some freedom and, more importantly, input.

    Doesn't Recommend
    Approves of CEO
There are newer employer reviews for Molex

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