ESCO - Growing pains | Glassdoor
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There are newer employer reviews for ESCO

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Helpful (3)

"Growing pains"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Manager in Portland, OR
Current Employee - Manager in Portland, OR
Recommends
Neutral Outlook

I have been working at ESCO full-time (More than 10 years)

Pros

ESCO, a privately held company for nearly 100 years, has filed an S1 document for an initial public offering. A successful IPO will provide greater access to capital, which in turn will finance ESCO's continued growth. The company enjoys the contributions of many employees with 20, 30, and even 40 years of service. The company offers competitive compensation, including a profit-based bonus plan, 401k contribution, and competitive salaries.

Cons

Growth brings new challenges. ESCO's culture is not necessarily an easy fit with the requirements of a publicly-held international enterprise. The experience and stability that comes from having long-time employees also translates to an insular, "not invented here" mindset. Stress levels are high and most people have more work than they can successfully do.

Advice to Management

Communication is critical, and business growth requires investment in people, facilities, and enabling technologies. Bring in experienced managers and executives from outside industry and listen to them.

Other Employee Reviews for ESCO

  1. Helpful (2)

    "Co-workers and culture make ESCO a fun place to work, but culture is changing to short term corporate culture."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Design Engineer in Portland, OR
    Current Employee - Senior Design Engineer in Portland, OR
    Recommends
    Disapproves of CEO

    Pros

    ESCO is built on innovation, and as such has been willing to invest great tools to developing new products. The company has world class physical testing backed by great analytical tools. The culture is friendly, can-do. You also have a lot freedom to make decisions and good support by the product managers.

    Cons

    Our culture is changing from employee oriented to short term profit. Upper level management is focusing and decision making further down echelon. This limits and disenfranchises the product managers. It also means that direction and upper level decisions are not made or aren’t timely.

    Advice to Management

    You need a better understanding of what is occurring in the day to day opperations. However, give direction to next level of mangement and allow them to make the decisions. This should be encourage throughout the organization. Lean says you mentor people, but don't make their decisions.


  2. Helpful (2)

    "Moulder"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Moulder in Vancouver, BC (Canada)
    Former Employee - Moulder in Vancouver, BC (Canada)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at ESCO (More than 8 years)

    Pros

    Great people to work with that is work with not for!!
    Benefits are great I will miss the pleasure of making a product that will out last the competitors by a mile.

    Cons

    Upper management is clueless in business decisions. They don't know what they have until its gone well Esco Vancouver is gone now and the new owners are so happy with their investment good luck with cheap crushing product.. Esco use to be the best in crushing products well that was then and this is now you're going down so fast no job is safe in this company spend the money well , because you can only cut the rope so many times until there is no more rope.

    Advice to Management

    QUIT !

There are newer employer reviews for ESCO
There are newer employer reviews for ESCO

See Most Recent

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