Mission: At Diversified, we pride ourselves in partnering with distributors like yourself, to help you grow your sales. We understand our success is based on your success as you have built valuable, lasting relationships with your clients and need a solid business partner to fulfill your ...
Steady paycheck. People are friendly enough to one another. Facility is close to major expressways. Plenty of parking is available. $100 cash Christmas bonus is always welcome. Very casual office atmosphere (jeans daily and shorts during the summer).
Benefits are VERY poor relative to standard offerings (no 401k, discretionary profit-sharing hasn't been contributed to in years, pay freezes or marginal merit increases (less than 2%) are common). ZERO vacation days during your first year. 5 vacation days during your second year. Only during your third year do you get 2 weeks vacation. Company-paid life insurance is a flat $15K. There are no flex spend accounts to take advantage of and no tuition reimbursement programs available.
Career growth is very limited. The management likes to tout that there are "no job titles" in this company. While it seems exciting that the employee defines his/her future at Diversified, the more likely situation is that you're going to keep doing the job you were hired to do for as long as you show up and do your job relatively competently.
Work/life balance is ok. People are usually out the door when their shift ends, but management tends to be clock watchers to see who didn't get in on time in the morning even when you have legitimate reasons like a doctor's appointment, sick child or an unforeseen accident on the expressways. My main concern regarding work/life balance is the non-existent vacation policy during the first few years.
The owner has an idealistic vision of where the company should be and what the company is. In reality, the compensation and career growth at Diversified is not attractive enough for the best and brightest to come work there.
Advice to Management
Compensate your employees better. The benefits today ARE NOT comparable to the market. Offer a 401k package so employees can save for retirement. Create loyalty among your non-English speaking staff by working with the local community college and offer some English as a Second Language classes after work hours. Until you do this, the employee revolving door will continue to be the norm.
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