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3 people found this helpful

Massive IT Layoff

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

I have been working at The Standard

Pros

Nice location in Portland, Oregon. The company has matching for its employee-giving charity campaign. It is unfortunate this company has fallen so far as a place to work.

Cons

On May 19, 2011, The Standard laid off over 130 IT regular staff members out of approximately 300.

The news that layoffs were coming in favor of outsourcing to India was announced by the IT VP a few months ago. This layoff is ahead of the schedule previously announced by management to announce its first decision in June. More rounds of layoffs will occur throughout the rest of this calendar year. The intent to eliminate as many IT jobs as possible has been openly communicated.

Last quarter The Standard posted record profits.

Advice to ManagementAdvice

Shame on you. The Standard hurts not only the economic base of the United States, but outsourcing exploits the off-shore countries in question. The reason employees can be had for approximately $5000 per year is that benefits, safety standards, etc., don't exist there. The Standard is adding to a global problem in favor of its own short-term bottom line -- because this strategy is not going to pay in the end.

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

    They have a ways to go.

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

    I have been working at The Standard

    Pros

    The best thing about working at The Standard is that I am employed and have medical benefits. The people who work here are well-meaning, good-natured and generally very nice. The company is community minded and has a fabulous charitable giving campaign and philosophy.

    Cons

    Compensation for my career and training is far below industry standard. I have been told that the low pay is made up for by the ability to balance work and home. Not really true. There is a sad tendency to promote individuals to just above the level of competency. I have seen it in many areas in the company. Very sad.

    Advice to ManagementAdvice

    Keep trying to bring the company out of the Dark Ages into the Modern World. Perhaps you will succeed. Keep lines of communication open. Greg Ness seems to be personable and bright. Some of his choices for senior management have been sad, however.

    No opinion of CEO
  2. 4 people found this helpful

    Over worked and overwhelmed

    • 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

    Wonderful co-workers. Commitment to community giving. Working toward going green. Shares in the cost of bus passes. Decent health benefits. Have passes to OMSI, zoo, etc available to employees.

    Cons

    Better hire on with a good salary, because you won't be getting any raises. unrealistic work loads mean long hours. Management makes decisions with no clear understanding of our deliverables, resulting in service failures. Outdated systems,

    Advice to ManagementAdvice

    Acknowledge that your front line employees might have some good insight as to what works and what doesn't, and provided a meaningful and safe environment for discussion (skip meetings that do not include middle management). Invest in your people, and they will invest in you. Every employee who works (unpaid) overtime to assure that the work is completed, is showing a level of commitment to The Standard that to date, has not returned.

    Doesn't Recommend
    Disapproves of CEO
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