Franklin Electronic Publishers

  www.franklin.com
  www.franklin.com

Franklin Electronic Publishers Reviews

4 Reviews
2.7
4 Reviews

Recommend to a friend
Approve of CEO
(no image)
Barry J. Lipsky
4 Ratings

Employee Reviews

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  1.  

    Fun small company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Burlington, NJ
    Former Employee - Software Engineer in Burlington, NJ

    I worked at Franklin Electronic Publishers full-time (more than 5 years)

    Pros

    Good people. Freedom to do work the way you want to.

    Cons

    Started outsourcing too many jobs.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Coworkers are like family, but Senior Management does a poor job leading company.

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

    I have been working at Franklin Electronic Publishers

    Pros

    Casual atmosphere. Coworkers are nice people to work with and genuinely want to do a good job. Middle management is sincere in wanting to succeed and will usually back up their team and protect them from the "blame game" found when dealing with Senior Management. Before the economy tanked, there were average raises and bonuses along with skill-building training. Employees generally respect one another.

    Cons

    Senior management has their hands tied due to the CEO's lack of understanding of what the market needs are for the kinds of products that Franklin develops. A typical process would be: CEO comes across an interesting product, will get excited about it, but will not invest in any market research. Agreements are made to produce products overseas without having any deals for retail placement. Issues arise with production of product and the product ends up being mediocre. Batteries are removed to reduce margins. Sales team now has a mediocre product to pitch. CEO screams at team for not doing their job. Company loses money. Rinse, wash, repeat. Due to this pattern, the overall culture is a "point and blame" culture as opposed to a team-oriented atmosphere. Overall company vision is unclear so it makes it hard for Middle Management to lead properly.

    Advice to ManagementAdvice

    You have two ears and one mouth for a reason. Stop yelling and start listening. Know when to hold them and when to fold them.

    Doesn't Recommend
    Disapproves of CEO
  3.  

    Franklin needs a new President and management team

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Burlington, NJ
    Former Employee - Anonymous Employee in Burlington, NJ

    I worked at Franklin Electronic Publishers

    Pros

    Compensation and should the stock ever rise, the options may be worth something one day...

    Cons

    President is very erratic, has a bad temper and does not know how to manage nor lead. Company strategy seems to change monthly and no one is in charge of the sinking ship. The Board is happy to collect their checks for just showing up and is in cohoots with the President. The Board of this public company never takes a stand and unbelievably supports the President as the company's sales continue to decline and no one knows quite what to do about it. The President seems to just look for reasons to travel overseas and then looks for business interests to support his travel. The addition of Mr. Hokari is a joke, as this is his 3rd time to rejoin the company and try to monopolize everything. The President and Mr. Hokari seem to think they can micro-manage it all and are very poor at delegating, which is a big reason this company has continued to fail over the past years.

    Advice to ManagementAdvice

    Get a new President and management team.

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    Run the Other Way...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Former Employee in Burlington, NJ
    Former Employee - Former Employee in Burlington, NJ

    I worked at Franklin Electronic Publishers

    Pros

    Most of the people that work there are good, hard-working people. It was truly a family-like environment in regards to the non-management personnel and some of the middle management personnel as well. Beyond that I can't think of a single reason someone would take a job at FEP.

    Cons

    Senior management, specifically the CEO, lack the competence and skill to lead. Extremely poor personal communication from CEO, often times rude and abusive. Extremely poor decision making ability in regards to every aspect of running a publically held company. This has caused massive layoffs and overall lack of confidence in leadership. No direction for the future as a change in leadership probably will not occur. I predict that in 3 years this company will be sold off and the remaining employees will be seeking other jobs.

    Advice to ManagementAdvice

    The CEO should retire. Please retire before you cost everyone their livelihood. You have enough money. Just take a look out of your office at the people working there everyday and understand they depend upon FEP to feed their families. Hand the reigns over to someone that has the ability to make effective, positive change and that can make the right decisions.

    Doesn't Recommend
    Disapproves of CEO

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