Performance Fibers

www.performancefibers.com
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Performance Fibers Reviews

Updated May 27, 2015
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1.7
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Jay Caraviello
2 Ratings

11 Employee Reviews

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  1. buyer

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

    I worked at Performance Fibers full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    it has a good, supportive and fun environment.

    Cons

    The company is very big, a lot of staff, sometimes I didn't even know the colleagues.


  2. Helpful (1)

    Run away

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

    I worked at Performance Fibers full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    It's a job, better than being unemployed

    Cons

    It is a job, but not sure how long. They've closed many locations, laid off many employees and taken away benefits. Not many positives besides a paycheck. I was there for almost 3 years and went through 3 CEO changes and at least 3 COO changes. If there's that much change up top, it doesn't look well moving forward.


  3. Helpful (1)

    Company on the decline

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

    I worked at Performance Fibers full-time

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Competitive pay for those entering the company. Low cost healthcare benefits package. 401K fully vested in the first year. Fast paced environment where you will gain a broad range of skills in just about any position you go into.

    Cons

    Very few pay increases. No matching of your 401K contributions. Not paying its vendors on time. Poor structure to business processes. Little re-investment into the business.

    Advice to Management

    Stabilize the cash flow issues by managing inventory and production closely to customer demand. Find a strategic buyer who will use the product within it's operation and be able to invest in the production technologies to be more competitive.


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  5. Helpful (1)

    Worst company I have worked for in my career

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

    I worked at Performance Fibers full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Medical benefits were affordable compared to other companies. Corporate offices were new and nice and some very talented people.

    Cons

    Company owners reporting expectations are the only focus of this business. Management will find a way to hit a number regardless of the method, broken promises, high turnover, the inability to change, negative culture, lack of timely decisions and communication amongst leaders which results in inefficiencies down the line, lack of opportunity/growth, systems that are very complex and difficult to work with. 401(k) match removed, no bonuses, no formal goal setting, measuring process, mid year or end of year reviews to help drive personal performance and the business forward. No raises or a plan to offer them.

    Advice to Management

    Improve the culture dramatically and you will solve the turnover problem and keep the talent within.


  6. Helpful (1)

    Worst Company I've worked for

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

    I have been working at Performance Fibers full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Commute is nice, in the middle of nowhere so you don't have to worry about traffic

    Cons

    No benefits. They cut the 401k matching, took away 2 holidays. No formal reviews, no raises. In November of every year, there's no more spending because we're out of money. Stopped paying bills for vendors

    Advice to Management

    Treat employees fair and you'll get more out of them


  7. Helpful (1)

    Awful environment at PF started at the top

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

    I worked at Performance Fibers

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Global travel opportunities -- although, travel budgets were being slashed along the way

    Cons

    Culture was awful -- internal meetings & presentations on a weekly basis prohibit anyone in the company from actually getting anything done

    Advice to Management

    focus on pleasing the client (in a profitable way) instead of pleasing each other


  8. Helpful (1)

    Greediest company that I have ever worked for.From polyester plant to tree cutting and srap metal

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operator in Salisbury, NC
    Current Employee - Operator in Salisbury, NC

    I have been working at Performance Fibers full-time (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Greatest group of workers with lots of knowledge.

    Cons

    No pay raises in 7+ years ( 10% decrease in pay that we never received back). Very poor morale

    Advice to Management

    Its time to pay the workers a lot more respect and spread the wealth. Stop using intimidation from the plant manager to make irresponsible moves cause it looks good on paper. Plant is unsafe with bandages on a lot of the equipment. Nothing is being put back into the plant @ all.


  9. Helpful (1)

    Performance fibers has ruined the Salisbury plant with their zero reinvestment in the plant.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operator in Salisbury, NC
    Current Employee - Operator in Salisbury, NC

    I have been working at Performance Fibers full-time (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Their checks haven't bounced... yet.

    Cons

    zero reinvestment
    do not value their assests including talented knowledgeable employees

    Advice to Management

    Salisbury facility has the ability to make the world's best polyester, but time is limited without reinvesting in the equipment and employees.


  10. Helpful (1)

    Sucks!!!!!!!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Production in Shel Darreh (Iran)
    Current Employee - Production in Shel Darreh (Iran)

    I have been working at Performance Fibers full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    No pros just run away from this company

    Cons

    The whole job is a con

    Advice to Management

    Support the youth


  11. Helpful (1)

    Mixed Bag

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

    I have been working at Performance Fibers full-time (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Rarely have lay people off

    Cons

    A lot of turnover in corporate means unclear direction for the company

    Advice to Management

    Hire the right people and address the corporate turnover



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