Space Systems/Loral

  www.sslmda.com
  www.sslmda.com
There are newer employer reviews for Space Systems/Loral

1 person found this helpful  

Great for Learning about SPACE and mostly friendly people in a usually low stress work environment.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - EEE Parts Engineer in Palo Alto, CA
Current Employee - EEE Parts Engineer in Palo Alto, CA

I have been working at Space Systems/Loral full-time (more than 5 years)

Pros

Friendly Coworkers
Fair and emotionally intelligent management.
SPACE industry (get HIGH learning about the GEO positioned satellites SSL builds)
Work Life Balance is good

Cons

Every thing moves slowly and to get things done quickly (days) there is a lot of calling and pushing that needs to be done to move an issue through the system of all the people involved.
Relatively low pay and bonus for the skilled high tech workers compared to other companies in Silicon Valley.
Difficult to get improvement implemented because of focus on heritage and keeping what works going instead of innovating.

Advice to ManagementAdvice

Be more careful about labor loading (hiring) during good times. SSL's predictions for the number of contracts to be awarded was super optimistic during 2011/12 period and honestly could have used better judgement in resisting hiring too much. This would have avoided layoffs.

Focus on IR&D to stay current. I plan to build a satellite company in the future and it will be more akin to SPACE X = efficient and cutting edge!

Give you employee's a better bonus or more people will leave the company for better paying careers in IT (software/hardware) and the commercial electronics industry.

Recommends
Positive Outlook
No opinion of CEO

133 Other Employee Reviews for Space Systems/Loral (View Most Recent)

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  1. 1 person found this helpful  

    Company makes an interesting product but work atmosphere is divided (Finance versus Accounting)...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst in Palo Alto, CA
    Former Employee - Senior Financial Analyst in Palo Alto, CA

    I worked at Space Systems/Loral full-time (more than 5 years)

    Pros

    Started / worked in finance and rotated through the accounting department:

    - Predictable hours (while in finance)...8 hour days are the norm for a financial analyst, more for accounting with strict reporting deadlines. Can take extended vacations with no issues.
    - Surrounded by an older generation of employees (Accounting & Finance Managers, Program Directors, Vice Presidents, Upper Management) who are very knowledgeable.
    - Finance has a party atmosphere and frequently throws gatherings with food and alcohol (on the company's dime).
    - Financial analysts make decent money ($50k - $75k).
    - Good training for your next job. Company even pays for a portion of advanced education (e.g. Masters Degree). Most financial analysts have a good foundation to move on to other jobs (see "Cons" section).
    - Generous offerings of vacation time, personal time, and sick leave.

    Cons

    - Finance works less hours than Accounting. Unfortunate because I think accounting is where more relevant knowledge and experience can be gained. (I personally learned a lot while being there.) The accounting department has solid personnel but is very often overlooked. Rotational opportunities are few and far between when it comes to going into Accounting.
    - Some newer generation of employees (Managers, Treasury, Financial Analysts, Upper Management) to the company do not have and often show little desire to learn about the company. Can be disappointing and uncomfortable to work in that environment or work with / report to those individuals.
    - Definite division between the two departments: Accounting versus Finance. Finance does not work together / invite Accounting to weekly training sessions, department meetings, or group gatherings.
    - The older generation of employees have been with the Company for 10 - 30 years and show no signs of retiring soon. Makes it difficult to "move up" in the company so most financial analysts leave the company.

    Advice to ManagementAdvice

    Accounting and Finance are part of the same organization. Do not continue with the segregation of the two. More rotational assignments within accounting should be offered.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    overall ok company to work at

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Management in Palo Alto, CA
    Current Employee - Management in Palo Alto, CA

    I have been working at Space Systems/Loral full-time (more than 10 years)

    Pros

    good challenging work environment so far

    Cons

    too much stress - commercial environment - overworked!

    Advice to ManagementAdvice

    value employees for their loyalty and commitment - after all, that is what makes company profitable

    Recommends
    Positive Outlook
There are newer employer reviews for Space Systems/Loral

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