There are newer employer reviews for Panasonic

1 person found this helpful  

Great people + Great Business Philosophy

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Project Manager in Secaucus, NJ
Current Employee - Project Manager in Secaucus, NJ

I have been working at Panasonic

Pros

- Amazing people
- Good work environment
- Sustainability goal of the company (No. 1 Green Electronics Company by 2018)

I consider the company to be one of the originators of a "socially responsible company".

Cons

- Difficult to implement change
- Very challenging business climate (strong yen, competition, etc.)
- Still traditionally Japanese (dominated by men, overwork encouraged, etc.)
- Risk averse

Advice to ManagementAdvice

- Encourage more diversity at all levels of the company (not just in US, but in Japan as well)
- Embrace risk and be more open to innovation and creativity
- Increase communication and transparency
- Implement sustainable/ecological education and initiatives at all levels of the company, not just in manufacturing

Recommends
Approves of CEO

211 Other Employee Reviews for Panasonic (View Most Recent)

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  1. 1 person found this helpful  

    Find someplace else to grow

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

    I worked at Panasonic

    Pros

    Well known brand and health benefits are good in comparison to many other firms. Nice cafe and for middle to senior management a company Audi to drive.

    Cons

    The company is driven by HQ in Japan and expats that are rotated in from Japan for three to five year assignments. Many of the management that did the heavy lifting to build the brand either left for greener pastures where they could grow or were eliminated. If you want to spread your wings and work in an open-minded environment this is not the place. Lots of puppets.

    Advice to ManagementAdvice

    Respect the wisdom of the many and focus on knowledge that exists within your employees. It may be to late

    Doesn't Recommend
    Disapproves of CEO
  2. 1 person found this helpful  

    Management in last 5-6 years decided to "clean house" and rotate out higher paid senior staff for cheaper jr employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Group Manager in Secaucus, NJ
    Current Employee - Group Manager in Secaucus, NJ

    I have been working at Panasonic

    Pros

    Good benefits, sick leave, vacations and many sales and upper management positions still receive company cars.

    Cons

    STRESS and lack of personal life-
     The balance of personal life vs. work life is extremely blurry now that many sales, marketing, support and even admin positions, although exempt positions, frequently work nights and weekends especially if traveling is part of your position. The work load can be intense due to shortage of head count and staffing from constant corporate cost cuttiing and what seems to be perpetual reorganization within the company.

    Achieving sales budgets-
    In almost all sales and product areas of the company achieving your monthly sales budget is PARAMOUNT to management and your bonus/income can suffer if you miss, In fact just achieving 100% is NOT good enough; you have to go OVER your budget to make any real bonus every quarter. And depending on the product category you handle, your budget can be very arbitrary (high)and not realistic to Panasonic's market share (or total market size) thus making it virtually impossible to "get the carrot". Miss budget too often and you could "find your way to the door"

    Advice to ManagementAdvice

    Be more realistic with sales quotas and hire more staffing instead of forcing employees to assume additional responsibilities (with no additional compensation) when someone leaves. This attitude "you're lucky to be working" which so many companies seem to have these days does NOTHING to endear employee loyalty.

    Note: Joe Taylor may be the CEO of Panasonic North America and I think he IS doing a decent job but only to the extent his Japanese puppeteers (management) back in Japan allow him. Remember, Panasonic is first a Japanese company and Joe Taylor is their (well paid) "politically correct" figure head in the United States to make the company appear more "American" to the (buying) public.

    No opinion of CEO
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