Nyrstar

www.nyrstar.com
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Nyrstar Reviews

Updated January 23, 2015
Updated January 23, 2015
14 Reviews
2.3
14 Reviews
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Roland Junck
11 Ratings

Employee Reviews

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  1.  

    don't expect to be taken cared of

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Zürich (Switzerland)
    Current Employee - Manager in Zürich (Switzerland)

    I have been working at Nyrstar full-time (more than 3 years)

    Pros

    Good Compensation, Flexible, Good potential for improvement. Great staff!!
    The lack of guidance, unclear roles and responsibilities and poor structure make Nyrstar an excellent place to bank experience by playing your own game, test what you think, and take home a decent paycheck and do what you love. Even though there is no training program, people are helpful, playful and with their heart in the right place.

    Cons

    Lack of guidance, the unclear roles and responsibilities and poor execution of their strategy means that people in general will do exactly as they want, which means that there's a lot of inefficiencies in the way things are working. This seems to fall on every area of the company, which means that succession planning and key role identification lack weight and structure. Which ends up in employees not receiving the care and support they deserve.

    Advice to ManagementAdvice

    Upper management politics are extremely dominant in this company, that end up in political decisions which do serious damage to the group. The people that founded this company seem to be in an eternal power struggle which is unhealthy. At the same time they bank millions a year while not trying to do anything to get the company out of the red and just erode shareholder value.
    Advise to management, Sack the heads of the company and get some who has the passion for the industry instead of their pockets.

    Recommends
    Negative Outlook
    Disapproves of CEO
  2.  

    Sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales in Zürich (Switzerland)
    Former Employee - Sales in Zürich (Switzerland)

    I worked at Nyrstar full-time (more than a year)

    Pros

    Nice set-up of offices, central location, attractive compensation, nobody cares what you do

    Cons

    Never seen such a political company, especially HR & their team is absolutely useless. They hire people which fit into their insider team, but have no experience on their job. Arrogant/stupid admin/reception staff, interested more in parties.
    20% of people do 80% of work, the rest does politics. High turnover, lot's of people are sacked.
    Management team is filling up their own pockets with money and they always find new possibilities to earn more and more.
    CEO says the company is his "hobby", so he rarely shows up nor does real work.

    Advice to ManagementAdvice

    Advice to Board: have a look what they do!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    Untapped potential

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Zürich (Switzerland)
    Current Employee - Anonymous Employee in Zürich (Switzerland)

    I have been working at Nyrstar full-time (less than a year)

    Pros

    Tremendous opportunities to improve a company with unlimited potential in an industry with a bright future.

    Cons

    Constant change and instability. Both in processes and employees. People come and go as quickly as ideas.

    Advice to ManagementAdvice

    There is a significant disconnect between senior management and the rest of the work force.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Rich company, spending like crazy

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

    I worked at Nyrstar full-time

    Pros

    Great salary and benefits
    A lot of traveling
    Learning in a multicultural environment

    Cons

    Lack of management and direction, bad organized

    Advice to ManagementAdvice

    Management has a lot of room to improve

    Recommends
    Negative Outlook
    Disapproves of CEO
  6. 4 people found this helpful  

    Totally dysfunctional company

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

    I have been working at Nyrstar full-time (more than 3 years)

    Pros

    Good base salary. Bad bonus structure.

    Cons

    Management, management and management.
    Big Management are totally disconnected from the problems that are boring the lower floors.
    Managers in general (with some exceptions) don't have a clue on how to solve the problems and are mainly focussed on maintain their jobs no matter what. As a result they are much more concentrated on politics and dirty fights instead of on improving the organization and results.
    Managers without the right and addecuate background nor the right experience are given positions where these skills and knowledge are strongly needed.
    The "great" answer is to continuously create new "Plans" or "Projects" that lead to nowhere but to a big expenditure.
    Too many "lacks": Lack of clear vision and direction. Lack of teamwork. Lack of proper organization. Lack of harmonization. Bad atmosphere.
    Too many resignations and layoffs in a very short period of time.
    Past years without Bonus due to bad financial results.
    Share has drop from 10 eur to less than 2 eur in a few years.
    Company too much foccused on IT solutions rather than to improve bad procedures, bad structure, bad organization....
    The best computer solution in the World can not solve the lack of organization, lack of knowledge, lack of ....

    Advice to ManagementAdvice

    Quit. Quit as soon as possible.
    Otherwise go to your competitors or similar companies and copy their structure and organization.
    And listen to people who has the right skills and background when they are trying to give you tips on how to improve the situation or solve the problems that you are creating.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 3 people found this helpful  

    A great case study on how to mismanage a business & shareholder funds whilst over rewarding disfunctional management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Zürich (Switzerland)
    Current Employee - Anonymous Employee in Zürich (Switzerland)

    I have been working at Nyrstar full-time (more than a year)

    Pros

    Good base salary. Good experience for crisis management.

    Cons

    No career direction. Management committee is very self interested and constantly looking at ways of increasing their remuneration whilst finding scapegoats for their own strategy implementation failings. Lack of effective leadership. The company struggles to find a clear direction with endless projects starting and not being completed before the next turn-around project/strategy begins with an array of new consultants.

    Advice to ManagementAdvice

    A stronger board and a new manegemnt committee is urgently required.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Directionless company run by fools

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager in Port Pirie (Australia)
    Former Employee - Senior Manager in Port Pirie (Australia)

    I worked at Nyrstar full-time (more than 10 years)

    Pros

    Decent pay levels, career progression opportunities for some

    Cons

    Poor leadership with many managers only thinking about themselves without any feel for their plants and operators. Poor employee relationships. Management taking irrational decisions, making people redundant in poor manner with lack of communication. Plant wearn out without investments and poor environmental performance. Consultants come and go frequently making plenty of money out of the ignorant. No career planning. Values are a farce.

    Advice to ManagementAdvice

    Leave and get professionals to run the company. Restore employee satisfaction. Live according to your own company values. Worry about running the company instead of shares value.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Engineer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Graduate Engineer in Budel (Netherlands)
    Former Employee - Graduate Engineer in Budel (Netherlands)

    I worked at Nyrstar full-time (more than a year)

    Pros

    - Relatively good pay
    - Good career perspective and personal growth
    - Good benefits

    Cons

    - Bad life / work experience
    - Politics
    - Hazardous environment

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 4 people found this helpful  

    how long

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

    I worked at Nyrstar full-time

    Pros

    zinc business is very interesting, it has potential with new management. When politically managed correct, you have a lot of freedom in your job.

    Cons

    no vision, constantly changing targets, burning money on consultants, assets are not carefully reviewed during M&A process, creative book keeping, CEO disconnected from business, high rotation level, no talent development program, its more fire than hire. sr. management doesn't live their company values (e.g. integrity, honesty). It's a pity, company could be very profitable.

    Advice to ManagementAdvice

    find your replacement soon

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 2 people found this helpful  

    A ship with no captain or compass

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Zürich (Switzerland)
    Current Employee - Anonymous Employee in Zürich (Switzerland)

    I have been working at Nyrstar full-time

    Pros

    Good people, good location, nice office. Assets with potential to be profitable. Dynamic and young environment.

    Cons

    Lack of strategy, leadership lacks integrity and is very self centered. Not good company for start up positions as you get no trainings ot professional learning. Non existent HR department with no concept of people development or performance management. Most everyone is performing tasks well under their qualification and experiences. People who get ahead are usually obedient "yes" men with highly developed political skills and little other competencies or experience. Extremely high turnover of employees, lack of continuity or learning from past mistakes. Almost all decisions made are have baked as they are made by individuals without broader consultation and buy in.

    Advice to ManagementAdvice

    Authentic leadership, employee engagement and robust strategy with implementation follow up and desperately needed. Introduce more diversity of thought and gender. Get out of the self-centered thought that you know it all and start learning for winning companies. Reduce number of consultants and invest in your own people to build the foundation for the future.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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