Karl Storz Endoscopy

  www.karlstorz.com
  www.karlstorz.com
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Karl Storz Endoscopy Reviews

Updated September 11, 2014
Updated September 11, 2014
35 Reviews
3.4
35 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Karl Storz Endoscopy President & COO Charles H. Wilhelm
Charles H. Wilhelm
7 Ratings

Employee Reviews

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  1.  

    Awesome Experience, Really Nice Coworkers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Karl Storz Endoscopy part-time

    Pros

    Nice Coworkers
    Good IT Infrastructure
    Good Work/life balance

    Cons

    The hiring process sometimes is long

  2.  

    Incredible and a continued learning experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Karl Storz Field Service Technician
    Current Employee - Karl Storz Field Service Technician

    I have been working at Karl Storz Endoscopy full-time for more than 5 years

    Pros

    Great work/life balance that provides nicely for yourself and family.

    Cons

    Trying to grow your career in the city that you wish.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    A medical device industry leaning experience and an opportunity to network for a position of employment elsewhere.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Inside Sales  in  El Segundo, CA
    Former Employee - Inside Sales in El Segundo, CA

    I worked at Karl Storz Endoscopy full-time for more than 8 years

    Pros

    Good education & training for a profession in the medical device industry and sales experience to healthcare institutions and physicians.
    .

    Cons

    Karl Storz Endoscopy is "not to be trusted" in regards to your commission being paid in a timely manor.

    Advice to ManagementAdvice

    The German mentality here runs deep and your complete willingness to disregard talent and an individuals effort must change.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Average Company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Karl Storz Endoscopy full-time for more than 8 years

    Pros

    The benefits are superb. The company promotes/supports healthy lifestyle practices.

    Cons

    Managers seem to have no clue as to what their associates are doing because they have to attend meetings all day long. Unfair compensation for the people that work hard. No chance for advancement. Communication is poor. Low pay raises.

    Advice to ManagementAdvice

    Management should take the time to get to know employees better. Pay raises should not be evaluated by giving each employee the same amount rather than making it personal. All employees should be treated equally.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Good company, compensation, and benefits.

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

    I worked at Karl Storz Endoscopy full-time for more than a year

    Pros

    Great employee benefits - employees are encouraged to lead healthy lifestyles, and there are many incentives to do so. Most managers support work/life balance so it makes it a good place to work if you have children. They are very relaxed about keeping track of attendance ie. being at work on time, so as long as you work hard and get your work done on time, nobody really will give you a hard time about it. They encourage a friendly environment, and many of the people at work are really friends, which is good for morale, I guess. They encourage having fun at work which is good if you like your job.

    Cons

    Alot of secrecy. Company is still privately owned and they do not share much information with employees. Decisions are made at high levels and handed down, and there are problems with silos since there are so many divisions of the company in the U.S. and overseas. Competing priorities between divisions and departments - and many of the senior execs don't get along, which creates divisions in work groups. Bonus plans are not fairly distributed - work groups that do not have a direct impact on service or customers get big bonuses, while others get a very very small year end bonus based on time with the company. Sales Reps are the big fish at this company, they do very well in compensation, but there is little to no diversity in those jobs.

    Advice to ManagementAdvice

    Consider revisiting compensation across departments, functions, and business units to create a more clear career path for employees that want to make their job a career. Trust employees with knowledge about the company's direction and financial performance. Make the execs of various divisions get along, stop the madness with the silo mentality and work together if you want to see employees do the same.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    The company looks out for its employees. The benefits package is superb

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - OES (Onsite Endoscopy Specialist)
    Current Employee - OES (Onsite Endoscopy Specialist)

    I have been working at Karl Storz Endoscopy full-time for more than 3 years

    Pros

    The potential for growth is high. There are always new positions opening up as the company keeps growing

    Cons

    Hard to let go of people who are not optimal performers so co-workers end up giving 150% while the other person gives a mere 50%. Most job opportunities on the East Coast are physically demanding so you can get burnt out easily and quickly

    Advice to ManagementAdvice

    Learn what your lower level employees do so that you may understand the full scope of their jobs

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Good benefits, charitable company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Financial Analyst  in  El Segundo, CA
    Current Employee - Senior Financial Analyst in El Segundo, CA

    I have been working at Karl Storz Endoscopy full-time for more than 5 years

    Pros

    Great benefits with above average vacation time. Friendly coworkers. Commonly holds events to give back to community. Company works hard to try and maintain life/work balance whenever possible.

    Cons

    Some silo effects going on between company departments. No clear direction on career path in many cases can make growing with company difficult. Changes are occurring to try and drive company goals through the company, but this will take time

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Not what I was promised.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales
    Current Employee - Sales

    I have been working at Karl Storz Endoscopy full-time for more than 5 years

    Pros

    Great industry reputation which is great for business. Salary sounds better than it turns out to be, but very good health insurance.

    Cons

    Sales management not truthful in the reality of expected annual salary. Expectation for growth is completely unrealistic with such junior sales teams. Tenured guys all migrating out because salaries have dropped. New guys foolishly hanging on waiting for promises to be fulfilled.

    Advice to ManagementAdvice

    Engage. Coach. Support. Listen.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Privately owned company with old fashioned values

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Karl Storz Endoscopy full-time for more than 5 years

    Pros

    The company does actually believe in it's core values - especially improving the quality of human lives through charity. Mrs Storz donates several hundreds of thousands of dollars worth of endoscopic devices to hospitals and health facilities in third world and poor countries, often times to support women and children's health. I believe they really care about employees as people - something very hard to find these days.

    Cons

    Silos. So many acquisitions have resulted in divisions of the company acting and operating like seperate businesses - often with conflicting priorities. This causes a great deal of frustration among employees and leaders, are quickly exhuasted at the pace - which is often a result of the "this is top priority, hurry up, do it now..." direction from above that never seems to end and burns people out. The ownership is slow to accept change in the areas of general business in the areas of technology

    Advice to ManagementAdvice

    Bonus Plan needs to be distributed among all departments rather than a select few. Sales oriented and focused company that compensates it's sales organization very well, but needs to take a look at the other very hard working employees compensation levels. Very little diversity among the field sales force - or at executive levels.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    engineering

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Karl Storz Endoscopy

    Pros

    privately held company, don't have to adhere to some of the cost cutting acts that public companies strive to make

    Cons

    employees are not properly incentivized

    Positive Outlook

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