Estée Lauder Companies - New CEO/CFO leave a lot to be desired | Glassdoor
There are newer employer reviews for Estée Lauder Companies
There are newer employer reviews for Estée Lauder Companies

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Helpful (9)

"New CEO/CFO leave a lot to be desired"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I have been working at Estée Lauder Companies full-time (More than 10 years)

Pros

Good People, good medical and dental benefits, tuition reimbursement program, generous product discounts, ability to travel world wide, corporate casual dess code

Cons

Work life balance, salary, devalue exiting employees, long hours expected with no compensation as everyone is "exempt", lack of overall employee appreciation. Each year more and more is taken away.

Advice to Management

Try sticking to the core values that Mrs. Estee Lauder and Mr. Leonard Lauder talked to. Their PEOPLE were their greatest asset. Now that Mr. Leonard Lauder is no longer as involved the new CEO/CFO do not post every available position internally and first recruit from the outside. They pay them higher salaries and then they do less. We have let many full time employess in Manufacturing go to cut costs yet 10 more "gratuitous" SVP positions are created that nullify the cost savings.

Other Employee Reviews for Estée Lauder Companies

  1. Helpful (1)

    "Great benefits, which means lower pay."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Estée Lauder Companies full-time (More than 5 years)

    Pros

    Lots of days off and discounts. Believes in work/life balance. Lots of opportunity to move and advance.

    Cons

    Compensation is low. Raises are minimal. Do not give substantial increases with promotions. Little communication with all the brands and corporate.

    Advice to Management

    Reward those employees you are promoting by giving them the salary you would give a new person coming in, rather than just a small increase on current salary. Also needs to engage employees more so they don't just feel like cogs in the wheel, especially brand employees.


  2. Helpful (6)

    "Lack of respect/recognition for all employees"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Approves of CEO

    I worked at Estée Lauder Companies full-time

    Pros

    Free products, good benefits, some great people, great location.

    Cons

    There's a very competitive, sometimes catty atmosphere among some of the young women which can make you feel like you're in middle school. HR does not go the distance for the lower-level employees; it's politics and who you know that seem to determine promotions, not hard work. Extremely rigid with corporate rules: for example, you're expected to be available nights and weekends, yet they can't be bothered to pay for your mobile devices if you're below a VP level, regardless of your job function.

    Advice to Management

    Treat all your employees with respect, not just the executives. Reward and recognize them for working hard.


There are newer employer reviews for Estée Lauder Companies
There are newer employer reviews for Estée Lauder Companies

See Most Recent

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