Olympus
2.5 of 5 26 reviews
www.olympus.co.jp Tokyo, Japan 5000+ Employees

Olympus Reviews

Updated May 9, 2014

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2.5 26 reviews

                             

33% Approve of the CEO

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Shuichi Takayama

(6 ratings)

32% of employees recommend this company to a friend
26 Employee Reviews
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    Great people and positive culture emerging!

    Anonymous Employee (Former Employee)

    ProsExcellent co-workers and talented employees.

    ConsWhile the top leaders are trying to impact change, the politics among management create difficulties. Majority of employees do not feel empowered or valued, leading to high turnover among high potential employees. I have high hopes that the culture will continue to improve as leaders weed out management that is preventing progress.

    – I'm optimistic about the outlook for this company

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    Really! Not a better place to work!

    Regional Sales Vice President (Current Employee)
    Los Angeles, CA

    ProsAll parties are interested in helping to ensure your max potential and you have the tools to do so.

    ConsHealthcare market is the most challenging especially with contracts and compliance issues. Infrastructure is added to seemly "willy nilly". Many people new who do not contribute to field success. Areas such as Marketing need to first look at the needs of sales, not the next meeting they need to attend.

    Advice to Senior ManagementStay the course!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great Place...if you're in upper management

    Customer Service (Former Employee)

    ProsBonus opportunity
    generous time off and sick pay

    ConsNo recognition
    Company cares more about management than worker bees
    Bad work/life balance

    Advice to Senior ManagementGive some credit to your employees! Take as much interest in them as you do you products and you will see a huge difference.

    No, I would not recommend this company to a friend

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    Olympus America Inc

    Anonymous Employee (Current Employee)

    ProsRelatively low stress work environment
    Allows hourly workers to work overtime, not required
    Relatively family friendly, especially compared to high tech firms
    Core products in medical devices are good and market share is strong

    ConsManagement is poorly run from top down and throughout, see news stories about scandals and how they were handled. Management has trouble making decisions, does not follow through on plans. Company does not assist employees with career development, offers few options. There's a difference between frugal and cheap. Frugal is selective but still willing to spend on things worthwhile. Cheap doesn't want to spend any money, afraid to make a mistake. They don't know how to recognize a good investment from a waste of money, so they just say "No." Cheap is the culture at Olympus. The Olympus culture does not encourage intelligent or original thinking. They are not entrepreneurial. Information systems are outdated. Communication is opaque at best. Management is remote and detached, direction is rarely explained or understood by employees, changes frequently. The company touts kaizen as part of its culture, however, they practice the art of denial and cover up.

    Advice to Senior ManagementChange the culture, communicate more effectively. Invest in employees. Reduce layers of management. Clean house in Information Systems management, hire execs with up to date understanding of systems and technology.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Mixed review

    No Comment (Former Employee)
    Center Valley, PA

    ProsThe pay is competitive, the facilities are very nice and most of the people working there are very nice to work with. In addition, it does seem like senior management has made an effort to improve the culture of Olympus. There are a lot of decent, hard working people at Olympus.

    ConsThe health insurance is great as long as you don't need anything more than a routine check up. If you end up going to the hospital, the annual deductible plus the coinsurance that you pay can add up to thousands of dollars. Also, beware of human resources. If you have a problem with your manager, HR is not there to protect you, they are going to look out for the managers. Regular employees are expendable.

    Advice to Senior ManagementNo comment

    Yes, I would recommend this company to a friend

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    restructured out off position and had commissions and bonuses stolen by corporate.

    Surgical Sales Representative (Former Employee)

    Proshigh quality imaging equipment. new technologies. They have a nice single port surgical system.
    Surgeons often support the purchase of their equipment.

    Consmultiple ethical issues through the years. Financial issues have now become much larger issue as well. Their pricing is always higher than the competition due to the more advanced imaging. This makes sales in this economy more difficult.

    Advice to Senior Managementi would recommend that they also take the mandatory ethical training that they require their employees to take.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    A company with limited future

    Anonymous Employee (Former Employee)
    Center Valley, PA

    ProsGreat products in a growing industry.

    ConsManagement by fear, Little interest in advertising their products, and if recent headlines are any indication, tons of corruption and cooking of the books by those in charge. Run away.

    Advice to Senior ManagementMarketing department management is a joke. When you have a guy called "Dr. No" because "no, we can't do that" is the most common phrase heard from him, you know you are in trouble.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    It was OK

    Technical Representative (Former Employee)
    Melville, NY

    ProsNice people I worked with and I enjoyed the "worker bee's" but this was because we pulled together to make things work with limited help from anyone else

    ConsManagement is terrible - ethically and morally

    Advice to Senior ManagementWe need leadership

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    It was great in the beginning, but not now.

    Anonymous Employee (Current Employee)
    Center Valley, PA

    ProsOlympus pays their employees well and does offer a fair benefits program. Many good employees trying their best to turn this around.

    ConsThe brand has very limited impact in the market. Management needs to listen to their employees as they understand the market.
    Get out the brooms and start sweeping.

    No, I would not recommend this company to a friend

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    Buyer beware

    Anonymous Employee (Former Employee)
    Waltham, MA

    ProsSmall-business environment in a division of a large company.
    Employee suggestion program is treated seriously.
    Quality is high on the radar, and treated with some priority.
    Fast moving.

    ConsChanges do not come as fast as advertised.
    Great deal of territoriality and not enough cooperation between departments.
    Lot of enmity and back-biting between heads of quality and manufacturing.
    Very little social mingling between colleagues; very few people go out to lunch together.
    Good ideas are often not encouraged.

    Advice to Senior ManagementMore than lip service in terms of ensuring sharing and cooperation between departments.

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Glassdoor is your free inside look at Olympus reviews and ratings — including employee satisfaction and approval rating for Olympus CEO Shuichi Takayama. All 26 reviews posted anonymously by Olympus employees.