Equitrac Reviews

Pros

Equitrac is a very good company and a very good place to work with really good people. Good management and nice environment

Cons

Non really to mention a pretty good place to work, could more room for advanacement but you cannot have everything

Advice to Senior Management

Keep up the good work it is a good place to work with really good people keep moving forward with good training opps

Pros

Some good people. Some good client experiences.

Cons

No respect. No honesty. No money.

Advice to Senior Management

Take better care of workers.

Pros

Support between most coworker is still good. Yet, this may more due to the bond of working together in the face of adversity, as opposed to any policy. Most jobs in the USA are virtual office - working from home.

Cons

Salary stagnation, atrophied benefits, quarterly layoffs and spiraling administrative duties. End of fiscal quarter and fiscal year too often turn into a frenzy of activity in search of last minute revenue.

Advice to Senior Management

Try to break free of the servitude to EBITA and invest more into the business. Your people are the company. The revolving door employee environment eliminates experienced staff and can hurt credibility with your customers.

Pros

If you have low self-esteem, you 'll do well with the abuse Equitrac Management can offer. They survive dispite themselves. I think their profits would soar if they elimenated Management and had rotating team leaders instead.

Cons

The management is the problem - from the top down. Also, No Management accountabiliy. They like to use employees as "skapegoats".

Advice to Senior Management

Go to Barnes & Noble and buy a book on "Management for Dummies". Also "The Customer Driven Company".

Pros

There is often some opportunity to build in flexibility in your daily schedule, if you can make it look like you are putting in a full day in the field.

Cons

Upper management thinks they're running IBM and people will fall all over themselves to work there, but reality is employees accept lower pay for lower stress.

Advice to Senior Management

Treat employees and clients well and you will become more profitable.

Pros

Equitrac's business is strong and growing, and there are many good people in the company. In spite of management cuts, the team spirit is still good in many departments.

Cons

The senior management team doesn't respect or care about the employees, treating them with disdain. No annual raises (merit or cost of living) for over five years, with multiple cuts to benefits. Little or no corporate planning or strategy in place.

Advice to Senior Management

Resign and allow a new team to come in and earn the employees' respect.

Pros

Equitrac has some great solutions to offer, especially on the print management side of the business.

Cons

Customer support is lacking and there is always a feeling of uncertainty as to what direction your career is heading. There are layoffs on an annual basis which is not good for morale. This organization is very unstable and you just don't know if you will have a job tomorrow.

Advice to Senior Management

Senior Management needs to stop hiring their cronies and hire the right people for the job

Pros

Some of my co-workers are great to work with. However, as with every company there are the back stabbers.

Cons

Ever since Cornerstone Equity bought the company and placed Mike Rich in charge, the company is being run into the ground. Too many loyal clients no longer have confidence in the company and have gone to the competition. Morale with the rank and file is at an all time low. Rumors has it that the company is up for sale. Too much turnover with the sales staff.

Advice to Senior Management

Quit churning the sales staff. It takes time to build trust with potential clients-especially in a tight economy. The majority of the grunt workers could not care less about whether the managers make their bonuses- why should they? The grunts do not get a bonus! It may be time to change managers from accounting to installations to service to sales.

Pros

Some of the people are quite fun to work with. When focused on clear goals and objectives the teams can and did accomplish good things.

Cons

Extreme quarter to quarter focus on profitability at the expense of sustainability. There didn't seem to be a plan for the business that went beyond tracking sales and then adusting expenses (usually down) to yield the appropriate margin. Product planning was inconsistently applied and tended to defensive.”

Advice to Senior Management

Take a longer term view of the business and be willing to invest and divest. Equitrac's is a classic case of competing market positions - one that is dominant but waning in a stagnant market and another that is small but with large upside potential. There seems to be a reluctance to accept the inevitable - "maybe, just maybe, if we are seen as the best supplier of gold-plated buggy whips...."”