Toyota Tsusho America Reviews
Updated Jan 29, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 6 ratings Employees say it's "OK" |
CEO Rating
Based on 3 ratings
President and CEO |
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Pros
Great Healthcare benefits, Holiday shut down, holidays bonuses, and the opportunity to learn the legendary Toyota Production System and other industry leading Japaneses business principles. Tsusho is in to everything so very board exposure..
Cons
Poor Executive and Senior Mangement. Promotion was based on favoritism and tenure vs meritocracy, hardwork, leadership potential and merit. Management did not work to develop future leaders, or to coach individuals with potential. There is very very low morale within Toyota group companies much of it has to do with the mediocre Managment. Executives run the company from glass offices and do not have the pulse of the company. US executives are probably the most clueless of what's happening.. Very poor work life balance..
Advice to Senior Management
Empower your employees, reward hard work for those who strive for professional development. Recruit MBAs, use them to help reshape the future and develop a visionsary plan for success. Stop promoting people based on golf outings and number of years served. Adopt a meritocracy and promote those with strong educational, leadership and business acumen. Get rid of the Executives from the past with no vision or real work and hire a strong Operating Executive to reinvigorate the company.
Pros
Awesome benefits package that probably doesn't exist outside of most Japanese companies (i.e. no contribution for major medical for employee only, very little add'l for spouse & kids, cheap vision & dental insurance); stability (you _really_ have to mess up here to be fired); very much a hybrid company w/ corporate input from both Japanese & American sides.
Cons
Low pay compared to industry; low morale; depending on the department, Japanese management tends to micromanage the unnecessary & totally drop the ball where it's needed; general attitude of "Product A works Japan, so it'll work exactly the same way in North America too, right?"; seniority determined 99% by length of service and not ability
Advice to Senior Management
Benefits are great, but you can't maintain quality people paying as little as you do. In many cases, the benefits are the _only_ thing keeping many of us around.
Pros
Toyota Tsusho offers a great benefits package. The pay is competitive for the industry. Tsusho is involved in everything from steel to food production, so you get to see how various industries work.
Cons
If I had to use one word to describe the management at Tsusho, it would be abusive. Non-management employees are treated very poorly. Management does not support their employees. The HR department is only concerned with making sure management is happy. As an employee, I expressed concerns about my manager. HR told me they were aware of the poor treatment my department received from the manager; however there was nothing they (HR) could do because executive management liked the manager of my department. The benefits and pay are not worth the stress brought on by the office politics at Tsusho. The only people who have a chance at advancement at Tsusho are the Japanese employees and Caucasian men.
Tsusho is the place for you if you want to work for a company that expects you to spend every waking moment at work (and most people do not receive overtime pay). I was actually told that I shouldn't plan on starting a family because the job wouldn't leave me with enough time for a family. When I first took the job at Tsusho I was excited about getting to travel all over the country and learn about the different industries. After a while, I realized management did not care about me or my fellow co-workers. My department alone has a 100% turnover rate. We all claimed management's treatment of employees as the reason we left, but nothing ever changed and it probably never will.
Advice to Senior Management
Just because someone isn't a manager doesn't mean they aren't a person. Treat all employees equally and fairly. Listen when employees express concerns.
Pros
Members of Top management are fine and employees are recognized for their performance.
Supportive
Quick response from couterpart.
Cons
Culture is very stuffy.
High turnover in middle management.
Some dominant players.
Advice to Senior Management
Power Concentration on a few people sometimes hurt the organization. There is a few managers who excercise politics.
Pros
get to travel the world
Cons
pay is low, stress is high
Advice to Senior Management
pay me more please
Pros
Toyota Tsusho is still growing. It has a dynamic working environment. It has been in business over 50yrs and its growth story is amazing. Management at Head office in Japan continues to come up with new ideas about conducting business and communicating with all the emoployees all over the world. Toyota Tsusho not only trades metals and car accessories but it is also involved in food industry, real estate and many other areas. I think Toyota Tsusho offers top of the line compensation package to its employees. 401K match is excellent we have benefit sharing program and management is really understaning of personal needs.
Cons
Sometimes Senior management is reluctant to change. As it is the usual case with big organizations it is very hard to comminicate from the bottom up. We get instructions from the top and when you voice your concerns i'm not really sure if they listen to you. Many middle managers are either japanese or come over from Japan to U.S. to work. i think there is a limited career opportunities and it's very hard to move up the ladder. Raise is very minimal. I heard some middle managers complain that for the yearly review top management doesn't even consider immediate manager's feedback.
Advice to Senior Management
They should be more open to listen to other suggstions and ideas from employees. Communication and instructions always come from the top but I do not see many opportunities from bottom employees to suggest new ideas. I think overall they are doing a good job leading business.
