Penske Truck Leasing

  www.gopenske.com
  www.gopenske.com
There are newer employer reviews for Penske Truck Leasing

1 person found this helpful  

Great opportunity for growth if you are in Finance or Sales

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

I have been working at Penske Truck Leasing

Pros

Good discounts with partner companies
Short commute if you're local
Big enough to move around in positions laterally

Cons

Out dated technology
Long tenure of leadership, long time to grow into a VP role and in some areas Manager and above

Approves of CEO

154 Other Employee Reviews for Penske Truck Leasing (View Most Recent)

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  1. 3 people found this helpful  

    Penske Truck Leasing is a great place to learn process improvement methodologies in accordance with our business model.

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

    I have been working at Penske Truck Leasing

    Pros

    Six sigma green, blackbelt and master blackbelt program/ project opportunites (from our GE Joint Venture influence), Finance emphasis on driving process improvement through Lean methodologies, extremely competitive benefits. Some management are open to new ideas.

    Cons

    Outdated systems, politics often lead to steadfast projects, poor interdepartmental communication, some management are stuck on "this is the way we do it because its always been done this way" attitude which is extremely frustrating.

    Advice to ManagementAdvice

    Top heavy company - balance of compensation is extreme between white collar and senior management; this is the general consensus of at least 90% of my co-workers. If you want to reduce turnover and keep the exceptional talent, increase the compensation packages for the white collar worker and eliminate more of the middle management.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    I would call it an education to work at Penske

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Rental Sales Representative in Akron, OH
    Former Employee - Rental Sales Representative in Akron, OH

    I worked at Penske Truck Leasing

    Pros

    Penske does excellent training.
    Compensation and benefits are excellent
    Initial education is very good

    Cons

    Tend to lose people and have them plateau
    Focus on non-core business as a company
    Problems with GE ownership wanting to be a "green" company
    Poor Management at top levels and mid levels

    Advice to ManagementAdvice

    Lose some management. Most of us are all pals but at a certain point there need to be some indians and a few less chiefs. Focus on your core business, the B2B sale and relationship, and do not market yourself as a National organization if you are going to block people from potential transfers

    Doesn't Recommend
    No opinion of CEO
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