Lance Snacks Reviews
Updated Jan 16, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 10 ratings Employees say it's "OK" |
CEO Rating
Based on 5 ratings
President, CEO, and Director |
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Pros
Highly visible throughout the organization. You really get to work collaboratively with numerous departments.
Cons
Culture changes within the organization. The "family feel" disappeared over night.
Advice to Senior Management
Look at talent within the company before it is gone.
Pros
Products, Lance history, charlotte location
Cons
Environment and lack of business ethics
Advice to Senior Management
Snyder's leaders are challenged with ethics. Merger of equals is a farce. Lance acquisition was met with hostility, Lack of vision and communication is creating havoc, which is apparent in recent results. Suspect this will end badly. 3 years is the best they can do for long term vision. Was at one time a good place to work.
Dave spent years upgrading talent and image in the organization and sold out in 2010 to achieve personal and crony monetary goals. Singer and his cronies are counting their money as they continue to allow the Snyder's cowboys to run the organization in the ground. Degrade in talent and ethics is shocking. Senior leaders exiting were turn around agents since 2005, now they are "over qualified". Current mantra is "we don't need that level of talent". All functions are moving to Hanover, PA. Charlotte HDQ will be eliminated in 2012.
Pros
they have good stuff for sale and decent volume of sales weekly. independent.
Cons
the worker needs to buy route around $80.000 you pay $300 weekly rate ( int.7,99%) pay computer sistem $35. pay stales $100 week, pay gas, insurance, maint. $250. the worker have no benefits. no vacation. no promo. the contract signed is terrible. if you want to sale the route they charge fee 5%. the comission is 19% of gross sale. average reg $7000 week. you make net $1360 after expenses . you make. $600. after that you have to pay taxes 15% and health insurance. bad deal and the company always wants more and more. slaves...of course.
Advice to Senior Management
Independent operators are the real power for sales. is not smart scam them in this way?
Pros
Used to be a decent place to work. They had improved the talent pool over the past several years that should have made Lance more able to compete and grow profitably. Some of the new acquisitions had great potential.
Cons
Since the announcement of the merger (really more like an acquisition by Snyder of Lance), many good people either left on their own or were terminated. Interestingly, appears to only be Lance people and unfortunately most of them were very good. Almost seems like Snyder's felt threatened. Now the culture is such that no one is motivated and feel like they could be next. Also, I do not believe there will be as much synergy as others predict.
Advice to Senior Management
It is no secret that top management got big fat bonuses for their part in the merger but obviously did not care about their ranks. Lance management should have watched out for their own employees instead of letting Snyder's be in charge. If you keep up with this the shallow talent pool will become a cesspool.
Pros
experience; free snacks; good stepping stone
Cons
work/life balance; tough environment (rain, snow, etc.) a lot of hours and start early in the morning
Advice to Senior Management
company is switching to become an independent operator; really effects a lot of peoples lives (health benefits, retirement, etc.)
Pros
generally able to impact results
Cons
for size, slow to impact change and embrace new ways to accompish results
Advice to Senior Management
be aware of influence that Snyders is having -- know their way of doing business
Pros
Working with receivers at various companies
Cons
Moving to Independent Operators vs. Company Route Drivers
Pros
Leadership was a progessive and forward thinking group. There was an entreprenueral flavor from senior managment that filtered throughout the organization. They are always in merger/acquisition mode.
Cons
The flip side of being in acquistion mode is that while from the corporate stand point the organization gets stronger, in many cases, good individuals lose their positions. Many talented and outstanding individuals had their positions eliminated even though the organization itself got larger and stronger after a major merger. It is not as comfortable going in to work, and you don't perform at your best when you aren't sure if your position will be the next to be eliminated.
Advice to Senior Management
I think if there are going to be position eliminations due to a merger or acquisition, it would probably be better to have the announcements of those eliminations all at one time instead of having several different announcements 2 to 3 weeks apart from each other. It's asking a lot of employees to continue going about business as usual and focus on doing their best when they don't know if they're going to still be an employee by the end of the day or not.
Pros
Paycheck on time, most of the time. Product lines that is if not the best of it's own kind then one of the best.
Cons
Can you say slave labor? They expect you to wear all the hats, your competive peers have only to sell and merchandise product line, at Lance you have to be operations manager, district manager, warehouse manager, truck washer, and on and on. You never can or have done enough.
Advice to Senior Management
A real disconnect from upper and mid level managment to the actual man on the street as to what you can and can not do and get by with your/their customers. extreamly unrealistic expectations. Managment was totally closed eared.
Pros
independence.i am free to chose my own destiny.if you are disiplined enough to do your job,no one bothers you.really not a bad job,just doesn't pay enough.
Cons
no communication on up coming promotions
Advice to Senior Management
need better communication
