There are newer employer reviews for The Standard

1 person found this helpful

Neutral to positive

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

I have been working at The Standard

Pros

Nice people to work with
Lots of opportunity for systems improvement
Support from business management
Good recognition

Cons

Not great remuneration
Job instability becasue of various sourcing factors

Advice to ManagementAdvice

Leadership is honest to the companies goals. That is definitely appreciatable. Leadership should look at the possibilities to make the processes lightweight to generate more output.

Doesn't Recommend
No opinion of CEO
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  1. 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
  2. 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
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