Experian - Laying off their best people for some immediate cost savings, and doing it quietly. | Glassdoor
There are newer employer reviews for Experian
There are newer employer reviews for Experian

See Most Recent

Helpful (2)

"Laying off their best people for some immediate cost savings, and doing it quietly."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Product Manager in Costa Mesa, CA
Former Employee - Product Manager in Costa Mesa, CA
Doesn't Recommend
No opinion of CEO

Pros

Good benefits (although they've been cut in recent years), generally some opportunities for movement within the organization during better economic periods. Resources can be constrained (IT, project management, finance) but compared to smaller companies, the level of support is decent.

Cons

Highly political. You can have a track record of excellence and accomplishment, but be laid off or mistreated when a flashy new manager comes in and, like a gorilla, gets rid of the progeny of his predecessor. Severance packages are very weak and actual lay-off process is inhumane. The only way to get ahead at Experian is to form political alliances and hop from group to group. In other words, it's not merit-based. Incompetent people are promoted because of some factor unknown to most of the organization, their mistakes covered up and other people blamed.

Advice to Management

Take a look at the results of individual contributors (such as performance reviews) before allowing middle management to lay off dozens of workers. You lost some stellar performers in the last quarter. A whole business unit should not be reorganized and cut 20% because a new VP comes in and decides to mix it up after 3-4 weeks.

Other Employee Reviews for Experian

  1. "Go somewhere else to look for work!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - V Suck-It-Up in Latham, NY
    Current Employee - V Suck-It-Up in Latham, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    Benefits, co-workers, immediate supervisor, relaxed work atmosphere.

    Cons

    Senior Mgmt focused on same banking principles they came from - not an employee focused company. Decisions are slow - have worked in other large organizations where things moved much quicker.

    Advice to Management

    Need new Sr. Mgmt in MSG.


  2. "no shortage of opportunities to improve the company processes and technology efforts... political organization"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Architect in Dallas, TX
    Current Employee - Architect in Dallas, TX
    Recommends
    Approves of CEO

    Pros

    name recognition of the company brand, opportunity for technical skills, ability to impact the company's bottom line due to technical decisions made

    Cons

    entrenched management and bureaucracy... very limited experience in tehcniques or other ways of doing things outside of Experian due to general lengevity of work history of many employees... 10-20 years with Experian is not uncommon, but from a technical perspective, there is a lack of exposure to alternative ideas about systems architecture and other ways of doing things vs the "traditional way"

    Advice to Management

    Innovation is not encouraged... at least not by the mid-level management. There is almost a fear of being called to account by middle-management for past expensive decisions

There are newer employer reviews for Experian
There are newer employer reviews for Experian

See Most Recent

Work at Experian? Share Your Experiences

Experian
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or