Photronics

  www.photronics.com
  www.photronics.com

Photronics Reviews

Updated September 20, 2014
Updated September 20, 2014
11 Reviews
2.9
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Photronics Chairman and Interim CEO Deno Macricostas
Deno Macricostas
5 Ratings

Employee Reviews

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  1.  

    Could Be a Great Place to Work, But Will Never Be

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

    I have been working at Photronics

    Pros

    It's a respectable job in a high-tech industry. Most employees are very good at what they do. The parking lot is clean. Free flu shots!

    Cons

    You will make less money every year because raises are never given. According to the top executives, there is never a good time in this industry, so they must always be "cautious". But that's generally considered an excuse not to reward and invest in their employees, and as a result morale is always low. Benefits also get worse every year. There is also a tendency to do things the way they've always done it, which can be very counterproductive. Also, because things are being done on the cheap, there is no redundancy at most every position, which is a considerable burden for employees who suddenly have to work two jobs for an extended amount of time.

    Advice to ManagementAdvice

    Take an active role in improving day-to-day morale. Change the corporate culture and make it a priority to let employees know that they are valued. Get on the internet and look up the term 'cost of living adjustment'.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    A good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manufacturing Technician in Allen, TX
    Current Employee - Manufacturing Technician in Allen, TX

    I have been working at Photronics full-time (more than 5 years)

    Pros

    Great people, good management team

    Cons

    No annual salary increases in the past 6 years

    Advice to ManagementAdvice

    Give salary increases

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Not a bad place to work

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

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

    Pros

    Most of the people were friendly and professional to deal with but the last few years has seen a large turnover in staff and management.

    Cons

    Downsizing has caused larger workloads for the remaining personnel

    Advice to ManagementAdvice

    Pay closer attention to the skill sets your employees bring to the table and learn to use that instead of forcing people to learn new jobs that they may not be qualified for.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Photronics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager in Dallas, TX
    Current Employee - Account Manager in Dallas, TX

    I have been working at Photronics full-time (more than 5 years)

    Pros

    Good People, Good Management, Hard Work Required.
    Company looks hard at new opportunities.

    Cons

    In a tough, commodity market with overcapacity. Foreign competition is tough.

    Advice to ManagementAdvice

    Develop teamwork. Formalize approach to new investments.

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 1 person found this helpful  

    You want me to do ALL that for how much?

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

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

    Pros

    Average work environment. It's a job, though not a great one, that does offer most benefits, though they are very basic and expensive. For some, favoritism. Unfortunately I'm not one of them or their clicks. Half of the manufacturing personnel are very experienced, but only the "favorites" are appreciated by management. 24/7 operation offers a few different work options, though none of them make sense unless you work M-F 9-5. Lower level employees tend to support one another.

    Cons

    Very narrow industry. Advancement opportunities for individuals are limited -- opportunities to promote from within opposed to hiring from the outside on a continuous basis. This specific market is not growing in the future. Low/non-competitive compensation & basic benefits package that includes VERY EXPENSIVE and terrible health insurance coverage and horrible 401K program. Lack of basic respect and fairness for lower level employees creates low employee morale in these areas. Layoffs created inadequate manpower along with pay cuts more than 5 years ago and there has been NO PAY RAISES, and very small and few bonuses, for manufacturing employees since that time. Favoritism over competence. Lack of equipment maintenance. Unapproachable senior managers, particularly in HR.

    Advice to ManagementAdvice

    More manufacturing personnel. Pay raises for manufacturing personnel. Improve equipment maintenance. Better, cheaper health insurance. Better 401K program. Flexible schedules. Promote within -- there are many well educated, highly intelligent, experienced long-term lower level employees answering to new hires with less knowledge, less skill and less experience.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    NA

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director of Sales in Milpitas, CA
    Current Employee - Director of Sales in Milpitas, CA

    I have been working at Photronics

    Pros

    Good work environment and flexible.

    Cons

    This specific market is not growing in the future

    Advice to ManagementAdvice

    NA

    No opinion of CEO
  8. 2 people found this helpful  

    Poor management is driving Photronics into the ground

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Boise, ID
    Current Employee - Anonymous Employee in Boise, ID

    I have been working at Photronics

    Pros

    It's a job, but not a very good one.

    Cons

    Poor communication between management and staff; favoritism; lack of competence of middle managers; no career ladder; poorly-defined policies; lack of basic respect and fairness for staff; low employee morale. Recent staff layoffs were done without a plan for how work shifts would be covered by existing staff; a week later company announced 10% pay cut and suspension of contributions to 401K plan. What's next?

    Advice to ManagementAdvice

    Train middle managers on managing people; look at the skills of the staff you have and encourage their growth and development -- you are missing out on great opportunities for people to contribute to the company. Do not allow favoritism to take precedence over competence.

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

    excellent stop to help broaden the resume, but perhaps not a permanent one

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

    I have been working at Photronics

    Pros

    benefits package, work and life balance, flat management

    Cons

    advancement opportunties are limited dur to flat organization, delegation of authority is challenging,

    Advice to ManagementAdvice

    look for opportunities to promote from within the rank and file as opposed to brining in new talent on a continuous basis

    No opinion of CEO
  10. 1 person found this helpful  

    Even when company makes profit, zero bonus given....sad

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

    I have been working at Photronics

    Pros

    Normal hours 8.30 - 5.30, 5 day week with internet access.

    Cons

    Tend to overspend on Sales costs rather than equip maintenance. Inadequate manpower for maintenance support. Single tool environment in a few critical areas thus when tool down we are in trouble

    Advice to ManagementAdvice

    Invest in tools upgrading, hire more personnel for equipment & equip maintenance

    Doesn't Recommend
    No opinion of CEO
  11.  

    average

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

    I have been working at Photronics

    Pros

    good place to work for new graduates. good place to learn things. good management and supportive team

    Cons

    not much growth. very narrow industry. no growth for individuals.

    Advice to ManagementAdvice

    no advice

    Approves of CEO

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