SPX

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2 people found this helpful  

Tough place to build a career

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

I have been working at SPX

Pros

The money was good. Other than that, not much good. The management team, from the senior level down was very short sighted regarding profits. Their philosophy was to raid the future to make the present look as good as possible. They strategy was to reduce the asset base to the point where return on assets was incredible. In doing so, there would be an asset base in place to support the future. Although, their philosophy was that the future was something to worry about tomorrow.

I will say that there was some talent in the company. Although, it was churned through fairly quickly.

Cons

See above. The short sighted view held by the management team. They would never focus on the future, just on the current quarter, Their belief seemed to be that employees were as disposable as operational supplies. The management team seemed to have somewhat of a Jack Welch complex. No matter what level the expenses were at, the belief was that you had to take cost out. At a certain point, I started to think that the best thing that they could do was to take 100% of the cost out of the system and everyone should go home. I think everyone would have been better off.

Advice to ManagementAdvice

Think beyond today. The sun will come up tomorrow.

Doesn't Recommend
No opinion of CEO

56 Other Employee Reviews for SPX (View Most Recent)

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  1. 1 person found this helpful  

    Interesting products

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Controls Engineer in Rochester, NY
    Current Employee - Software Controls Engineer in Rochester, NY

    I have been working at SPX

    Pros

    A small company with very interesting products and strong growth potential. Kayex is located close to RIT and the U of R which could provide great oppertunities for employee growth. This is seldom utilized and not generally encouraged. The company is owned by a large conglomerate which means that plenty of resources are available in good market conditions. It has yet to be seen how much energy will be devoted to the company if a slack in demand occurs. The product is interesting and driven by demand for solar products. Kayex therefore has great potential for success, but in an unproven market.

    Cons

    Unstructured atmosphere. Promotion is unattainable except in rare circumstances. Engineers are treated as a commodity.

    Advice to ManagementAdvice

    Increase the strength of your engineering teams. Learn how to focus on multiple disciplines and give a definite path to promotion.

  2.  

    no growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - International Sales in Miami, FL
    Former Employee - International Sales in Miami, FL

    I worked at SPX

    Pros

    big company with decent benefits

    Cons

    lack of future direction and internal growth

    Advice to ManagementAdvice

    get better sales people because people are being let go due to numbers

    Doesn't Recommend
    No opinion of CEO
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