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OpenText President & CEO Mark J. Barrenechea
Mark J. Barrenechea
257 Ratings
  • Helpful (13)

    Unless you want to be a prisoner avoid at all costs!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Solutions Consultant in Brooklyn, NY
    Former Employee - Solutions Consultant in Brooklyn, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO


    Paycheck The remaining Pros that were once there have now been wiped out by the current ELT


    Workload - used to be OK, but now with a recent history of Riff's the workforce has been reduced to a level where the remainder are expected to work more - work weeks of 60-100 hours are not uncommon. Salary - Salary increases are minimal at all if any based on merit (less than 1% for an excellent review). Excuse given is there is no money to give bigger increases. Interesting as the company is constantly increasing its dividend to shareholders and not paying more to staff. If you do really want an increase you need an offer in hand from another company - OT will then match this. Healthcare - Benefits used to be excellent with a large pool of in network providers. OT chose to move providers, this has resulted in higher costs, with less choice. The company is also trying to push employees to a HSA model with less coverage. For those that do still opt for the 100/50 coverage the personal out of pocket increases significantly each year. The only winner here is the company that is obviously trying to reduce its cost of healthcare. Travel - In most positions you are expected to travel. Expect travel to be around 75-100% higher than the job description describes. Having spoken with a friend who still works there they now enforce mandatory hotel selection (Mandatory hotel is Candlewood Suites unless their is an office close by). Also implemented is a policy of maximum $60 per day for employees meals. This is fine if the employee only works 8 hours per day but when days turn to 16 to 20 hours the company simply refuses to pay any more - note this is not a per Diem it is a limit! This amount also is the same whether you are working in the middle of nowhere or Manhattan / LA etc. Ethics Training - this is a mandatory annual course, which is actually quite good. However the code is not enforced on executives. There are multiple examples of conflicts of interest which is if it is being carried out by upper management is simply ignored even if reported. Work Life Balance - Per the above is non existence. When signing up with OT you are now expected to sign up to a work work balance. Management point of view is along the lines if you are not a sales guy you are not important. If you decide to work here then get used to it.

    Advice to Management

    Take care of your employees - they are what made the company great, Think of the years of knowledge in these people, knowledge which once lost would be difficult or impossible to replace. In addition as morale drops so does your employees enthusiasm for your company, products and customers.

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