Gennum Reviews

Updated July 16, 2014
Updated July 16, 2014
14 Reviews
2.7
14 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Franz J. Fink
8 Ratings

Employee Reviews

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  1.  

    Great place to work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Gennum full-time (more than 3 years)

    Pros

    Great atmosphere and people. Employees well taken care of with intentions of retention.

    Cons

    Under new management now, things have changed drastically

    Advice to ManagementAdvice

    more life/work balance

  2.  

    Very poorly run

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Gennum

    Pros

    the people, and interesting work

    Cons

    senior management was out to lunch

  3.  

    Challenging interesting work, higher pressure atmosphere

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Gennum as an intern (more than an year)

    Pros

    As an engineering intern I was constantly assigned meaningful work and felt my contributions were useful and valuable to the whole team.

    Cons

    Many of my full time colleagues were expected to work many overtime hours (with compensation).
    Financial stability of the organization seemed always in question - many re-organizations.

    Advice to ManagementAdvice

    Work to better manage the workloads of your employees.

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  5.  

    First few years were great, later years a supreme disappointment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Engineer
    Current Employee - Engineer

    I have been working at Gennum

    Pros

    The people are (or were) great to work with (until most of them were divested or let go). World-beating products. Intellectually nurturing environment (until recently).

    Cons

    Current management's only interest in the company is having tlhe letters C.E.O. after his name, along with a pile of cash. He came in with one goal in mind: use a small but well-established company as a stepping stone to a "real job". He spouted the latest management buzzwords that anyone could have picked up in a $30.00 book at Chapters/Indigo, reduced the company to a fraction of its former self, and destroyed a wonderful family-like culture.

    Advice to ManagementAdvice

    Take the money and run, because you have lost all respect.

    Doesn't Recommend
    Disapproves of CEO
  6.  

    Great culture with previous management, new management under Franz Fink only interested in lining their pockets

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

    I worked at Gennum

    Pros

    Solid extended benefits, great vacation benefits.

    Cons

    Poltical environment where backstapping and undermining of colleagues is the norm. Management supports it or just looks the other way. The new management and board of directors have simply engaged in a window dressing exercise and failed to execute on their plans to grow the company 5 to 6 times their current revenue. The financials of the company over the last 5 years pre and post new management supports this reality. In fact looking at their financials in this light one sees revenue as being generally flat since the new management and board of directors have taken over. Recent prouncements by management about sucessful revenue growth does not mention that most of this growth was through the acquisition of another company and not organic. Management has failed to capitalize on the only remaining inflexion points it had been exposed to and will never breakthrough the $200m in revenue threshold let alone $175M.

    Advice to ManagementAdvice

    Start seeking a buyout.

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Great place to start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Engineer in Burlington, ON (Canada)
    Current Employee - Engineer in Burlington, ON (Canada)

    I have been working at Gennum

    Pros

    Good , dedicated and smart people.

    Cons

    The direction of upper management is not clear.

    Doesn't Recommend
    No opinion of CEO
  8.  

    Could be great company, managment makes it ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)

    I have been working at Gennum

    Pros

    Roles are very well defined and respected
    You can learn a lot of diferent tasks
    Open to implementing new ideas
    Work on advanced technologies

    Cons

    Can be hard on work-life balance (depending on unit)
    Management has a hard time recognizing problems and acting quickly
    A lot of effort is spent on extinguishing fires instead of preventing them
    Employees need better salaries. You can not expect to get the best and brightest if you offer average salaries

    Advice to ManagementAdvice

    Implement a retention program for critical personnel
    Projects need to be planned realistically
    Listen to youre emploiees

    Doesn't Recommend
    Approves of CEO
  9.  

    Going downhill fast,... A shadow of it's previous self

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

    I worked at Gennum

    Pros

    Flexible hours
    Got paid on time
    People are nice
    Work environment (office) is nice
    Head-Office location is in a nice city (# 3 city to live in Canada, according to MoneySense)

    Cons

    Upper management focused on lining pockets instead of creating actual value.
    Political environment instead of performanced-based.
    No clear set of objectives set by management (objectives set late in the year, where they are impossible to achieve, hence no bonuses.)
    No company loyalty towards employees
    Creating a class culture of haves and have-nots at Gennum.

    Advice to ManagementAdvice

    Rule #1: Upper Management should work at creating shareholder value. No shareholder value created overtime should equal no bonuses, special incentives, long-term incentives or stock options. Just look at the $6.4M in incentives already awarded in 2011 to a select few. They are robbing shareholders of value (look at the share price of the last 4 years).
    Rule#2: Special incentives need to be amortized overtime, which lowers EPS even lower than it would be. However, upper management doesn't care (or understand) as they will walk away with their money and not care about the rest of the empoyees.

    These are signs of significantly bad management. If you can, stay away from this company.

    FYI, I did not get fired (as I may sound disgruntled), I quit... There are much better opportunities out there.

    Doesn't Recommend
    Disapproves of CEO
  10.  

    Great company at one time, slipping and loosing its course.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - IT Manager in Burlington, ON (Canada)
    Former Employee - IT Manager in Burlington, ON (Canada)

    I worked at Gennum

    Pros

    Good Stable company to work for
    Great people

    Cons

    Poor leadership and company direction

    Advice to ManagementAdvice

    Listen to the experience there, instead of getting rid of them or letting them go.

    Recommends
    Disapproves of CEO
  11.  

    Intermediate Engineer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intermediate Engineer in Burlington, ON (Canada)
    Former Employee - Intermediate Engineer in Burlington, ON (Canada)

    I worked at Gennum

    Pros

    Bonuses were good in the early 2000s .

    Cons

    New CEO cares less about employees vs the previous ones, and his decisions made the company worse off.

    Advice to ManagementAdvice

    Attempt to manage a bad situation so that it is profitable, rather than cutting and selling a potentially lucrative business and in the end just making your company worth less that it would have if you just did your job.

    Disapproves of CEO

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