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8 people found this helpful  

Incompetent hiring practices. The Standard does not ensure the employee's success. No training.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - The Standard  in  Portland, OR
Current Employee - The Standard in Portland, OR

I have been working at The Standard

Pros

If you need a little time off, they are flexible to a point. This is a positive for the organization.

Cons

Incompetent hiring practices. The Standard does not ensure the employee's success. No training even though training was promised. Overall, training is not provided in any adequate form. One hour here and there and that's the "2-week training." Additionally, they really sell the training for the Account Manager job. If you do not have experience as an Account Manager in Retirement Plans, avoid this job. It will be your worst nightmare. Work/life balance is not present. Management is not fair, and promotions are few and very far between. You will be stuck in a "white collar production" environment. Hamster on a wheel without knowledge as to how to keep in balance on the wheel. Turn and burn environment. Not very intelligent business practices.

Doesn't Recommend
Disapproves of CEO

92 Other Employee Reviews for The Standard (View Most Recent)

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  1. 1 person found this helpful  

    Announced Plan to relocate IT to India

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

    I have been working at The Standard

    Pros

    The Standard has traditionally stood out for its customer service and charitable donations to the community. Competitive pay and benefits. Nice location in downtown Portland.

    Cons

    At the February 4, 2011 "All-Hands" IT meeting, David O'Brien, the Vice President of IT announced that The Standard is evaluating a large-scale outsourcing of IT, QA, and Infrastructure to a single vender in India as a means to reduce costs. The Standard expects its assessment to be concluded by November 2011.

    O'Brien said he hopes IT staff remain at The Standard to cooperate with current and upcoming knowledge transfer to Indian workers who will be replacing existing staff.

    The process of IT lay-offs has already begun. The COBOL programmers were given notice earlier this week that their jobs will be eliminated by this coming July because all COBOL work is being transferred to India. Other groups have already had people from India introduced prior to today's announcement.

    O'Brien said The Standard's competitor companies have already out-sourced their IT department's off-shore as a means of reducing their costs. The Standard is, by his description, merely following suite by neccessity.

    For several years O'Brien stressed how behind the company is in terms of electronic services, and how this was a prime reason for The Standard not being competitive. O'Brien's answer then was to be more competitive by investing in The Standard's IT infrastructure to produce better product. Now the answer is to reduce costs by dismantling that infrastructure and outsource IT to India. The two are polar opposites.

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

    IT rapidly sinking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Analyst  in  Portland, OR
    Current Employee - Business Analyst in Portland, OR

    I have been working at The Standard

    Pros

    The company supports charitable causes. Benefits package is good. Location in downtown Portland is beautiful. Supports pre-tax payment of city parking.

    Cons

    IT is in very poor shape and continues to degrade. Management treats IT employees with little respect -- business analysts were recently told by our boss in a team meeting that a group of "monkeys" could do our job. Not doing business analysis work, more projects like text-file batch processing. No raises -- 0% -- for third year in a row for almost all employees.

    Big outsourcing to India continues. All the mainframe COBOL programmers were just informed they are being laid off and all their work is moving to India. Just a few months ago the VP of IT David O'Brien specifically told the COBOL programmers that some remote Indian staff were going to suppliment existing staff and no one would be laid off. So basically IT was lied to. Now some business analysts from India are being brought in, but we have been assured by the VP this is only to suppliment existing staff and none of us are going to be laid off.

    Advice to ManagementAdvice

    There's no point suggesting anything.

    Doesn't Recommend
    Disapproves of CEO
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