Town Sports International Holdings

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TSI has been a revolving circle of falure for over 10 years and it starts with the CEO.

General Manager (Current Employee) New York, NY

Pros- Free gym membership
- You meet some nice members and co-workers
- Free gym membership
- You have a job
- Free gym membership

ConsSince TSI went public over 10 years ago this company has completely spiraled downward in every aspect of business, they have become the second coming of BALLY'S. (probably worse)

TSI's greed has single handedly destroyed a once pround and fun fitness industry.

- Take it from an employee of close to three years, if you have pride, dignity, loyalty, honesty and a strong work ethic, please stay away from this company. You are worthless to them, they will use you, burn you out then throw you to the curb. I've seen it many, many times.

- They do not care about members or employees, make no mistake, their number one goal it to maximise stockholder wealth at all cost, PERIOD. They are in the business to sell stock using fitness as a front and the employees are their expendable tools.

- Their coroporate governance is lead by a team of repetative falures with absolutely no vision. From top to bottom TSI management is completely incompetent and lack leadership skills of any kind. They only understand one philosophy, management by fear, because they know deep down they themselves can get the axe at anytime, so the paranoia is passed down through the ranks of management.

- Bob G. the CEO is a throwback personal trainer from the 80's who has zero business education or acumen whatsoever. He has failed at his position repeatedly yet still gets to keep his job mainly because no person is desparate enough to take his position. His job is to try and keep the stock price up by maintaining an artificial harmonious and productive work environment for the stockholders. While his orders his direct reports to keep up the unbearable micromanagement pressure to drive sales and cut expenses down to the last penny.

- TSI abuses it's employees through anger, threats and intimidation. They have created a toxic environment in an industry that is supposed to promote good health.

 - Including the CEO position, TSI is a high turnover company, that's so poorly managed it's impossible to stay, even if you succeed.

- Employee theft and dishonestly are rampant.

- Pay is poverty level, minimum wage at best. And if you think you're lucky being paid a salary don't be fooled, they will stretch your hours and make you do the work of multiple employees to make your salary less then minimum wage.

- TSI is a bait and switch company.

- Members hide your Credit Cards and don't sign anything unless you have a lawyer read it first!

Advice to Senior ManagementSell the company to someone who knows how to run a successful business.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Fun place to work but awful treatment of employees

    General Manager (Former Employee)

    I worked at Town Sports International Holdings full-time for more than a year

    Pros: Free Gym Membership, Good people, solid amenities and decent growth… Cons: Increasing responsibility and hours for staff with little or no increase in pay, negative attitude towards staff, continue to cut back and… Advice to Senior Management: Members want consistency in management teams building relationships is key to keeping people happy. Ask yourself if you would accept a lower position for the… No, I would not recommend this company to a friend More

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    company doesn't value employees

    Anonymous Employee (Current Employee) New York, NY

    I have been working at Town Sports International Holdings full-time for more than a year

    Pros: free gym membership, great people to work with at club… Cons: employees are not valued quick to fire, slow to hire poor pay… Advice to Senior Management: Employee performance and morale are decreasing fast....something needs to change… No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More

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