Trac Reviews

Updated August 23, 2014
Updated August 23, 2014
8 Reviews
1.2
8 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Keith Lovetro
5 Ratings

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Overworked.

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

    I worked at Trac full-time for more than 8 years

    Pros

    Good non-salary benefits and compensation.

    Cons

    Often doing more with (and for) less.

    TRAC is owned by private equity (Fortress Investment Group). It was a much more pleasant place to work prior to July 2007, prior to when Fortress took the company private.

    Advice to ManagementAdvice

    Better focus. Work in a less reactive mode.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Where Careers Come to Die...

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

    I worked at Trac full-time for more than 3 years

    Pros

    Hmmm...I am forced to say something positive, but I can't think of anything.

    Cons

    Everything you need to know about this company can be learned from the building itself - old, inefficient and downright toxic. Nothing matches, everything is a hack. I've never seen a company that rewards inefficiencies and avoids improvements. If you are the type of person that can run around like your hair is on fire and wail for 14 hours a day (no need to be productive, mind you), you will get a "President's Award". There are miserable people with 20, 30, even 40 years of experience with this company and they violently protect the status quo. Stay out of their way! Management is distant, aloof and generally inept. They hire people (FT and contractors) but lose track of them. They buy software and hardware and never install any of it. I would feel so sad if a friend or family member got hired here. So sad...

    Advice to ManagementAdvice

    Furlough every single stuck-in-the-mud employee who's been there longer than 10 years.

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

    Poorly run organization from the top down

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

    I worked at Trac full-time for more than 3 years

    Pros

    There are a few people that have a clue, but other than that, there are no pros to working for this company

    Cons

    There is limited to no room for growth. There are two distinct factions within the company (Operations and Finance). If you fall outside of one of those factions or are not seen as a "favorite son", your career there won't be long here. There are too many data sources floating around this organization due to a severe lack of reporting systems or systems that fail to talk to one another. Team work and communication across the company is piss-poor. The culture is terrible, as most employees will flat our tell you that they are not happy.

    Advice to ManagementAdvice

    1) Clean house in the finance and accounting areas. There are too many holdovers here that simply resist change. 2) The organization is too top heavy. There is no need to the number of VP, Directors, and Managers that are there. Cut out some of these layers to improve communication and stream-line the work. 3) Invest in your current assets vs. buying other Steam ship lines assets. The idea of having more assets than your competitors to drive up prices is a good idea, but when you assets you are buying are crap, you're just wasting money here. GPS all of your current assets to that at any point in time, you know where they are and who has them. If it work for airline and rental car industry it should work here. 4) Cut ties with Fortress Investments as they are failing to really help grow the business. 5) Revamp the sales force with young and hungry go-getters vs. a group simply waiting on retirement. 6) Develop an employee development program in the areas of finance, accounting, sales and operations a la GE. You have to start upgrading the talent and getting some fresh ideas through the door. There are talent pools in the current area (Rutgers, Penn, Villanova, NYU, Princeton) that you can get top talent from. There is no need to waist time and money dealing with recruiting firms. Start making connections at these institutions and create solid pipelines. 7) Stop using Performance Improvement Plans as a motivational tool. These are threats pure and simple. If you want your employees to perform better, train them and coach them up a bit, instead of threatening them. This simply makes them want to leave faster!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 5 people found this helpful  

    This place sucks, DO NOT WORK HERE!!!

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

    I have been working at Trac full-time for less than a year

    Pros

    Flexible hours,that's it. There are NO other pros.

    Cons

    Misleading job responsibilities, department does not have their act together, they let the lower level employees be scapegoats for the upper managements short comings, every little mistake you make will be the equivalent of World War III, the work is tedious and mind-numbing, there is no sense of camaraderie, it's every man for themselves, this list could go on and on

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Putting lipstick on a pig

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

    I worked at Trac full-time for more than 3 years

    Pros

    Hanging out with the other inmates, benefits OK, makes you appreciate other companies you will eventually work for.

    Cons

    Where to start? Low pay, broken promises, work like a dog, President and other execs walk past you and don't even acknowledge you, no culture/no values (owned by PE-need I say more)

    Advice to ManagementAdvice

    IPO this POS and take your money and get out

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

    Company is terrible at taking care of its employees

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

    I have been working at Trac

    Pros

    the free coffee?? i think..

    Cons

    -they will over work you and pay you less.
    -very cheap when it comes to salary. even bonus time is useless for the minimal change they give you. and its only if they have a profit..and then based of positive reviews that the employee fills out then meets with you only to tell you that you did worse than you thought.
    -they just give you a false sense of "this is the best job your going to find" type speech to keep you from rebelling
    -oh and their software and computers they use...software is from late 90s and the computers and equipment is so crappy that it crashes or doesn't even work half the time.

    Advice to ManagementAdvice

    take your head out of your ass and pay attention to your employees and take care of them... maybe you wouldn't have to fill positions as quickly.. ("drop out" rate is pretty high here)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    horrible management

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

    I worked at Trac full-time for more than 3 years

    Pros

    there is opportunity for advancement but thats only if you are not stuck in a department where the manager doesnt want to let you go

    Cons

    no sense of organization, and you have VPs watching if you are 5 mins late instead of worrying about bigger issues like the budget!

    Doesn't Recommend
    Neutral Outlook
  9. 2 people found this helpful  

    The pay is underwhelming for entry level associates, but fair for mid-level and upper management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Entry Level  in  Princeton, NJ
    Current Employee - Entry Level in Princeton, NJ

    I have been working at Trac

    Pros

    Decent benefits - small percentage of employee contribution for benefits when compared to similar companies in the industry
    7 hour work day

    Cons

    Not a lot of room for growth
    Prefers to hire external candidates
    Lower than average pay
    Lures new candidates in with promises of large bonus and raises, neither of which happens to be the case

    Advice to ManagementAdvice

    Look at current employees before posting positions for external candidates.
    Con

Worked for Trac? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.