Employee Review

  1. 5.0
    Current Employee

    Review

    Jun 2, 2021 - Accountant 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great work Culture in MBM

    Cons

    Non Flexible work schedule .

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  1. 5.0
    Current Employee

    Good Company; expect to work hard though

    Jul 7, 2021 - Associate in Wichita, KS
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - better than average pay for Wichita - motivated staff and hard workers - opportunity for growth

    Cons

    - 7am or 7:30am start time is common - expect to have to fight for your bonus - starting to get too large

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    Koch Industries Response

    Branding & Marketing Talent Acquisition Specialist

    Hello, this is Molly from Talent Solutions and I wanted you to know that I read your review and appreciate you sharing! We do have hard working employees, but we also encourage a healthy work/life balance. You provide great feedback and I will be sharing this with the appropriate teams. Thank you again.

  2. 3.0
    Former Employee, more than 8 years

    Unchanging & Politically Charged

    Jul 26, 2021 - Manager in Atlanta Junction, GA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Depending on role & team, decent work life balance In addition to 401k, they have an additional 401k employer paid plan that vest after 5 year (similar to a pension) In F&A, there are plenty of opportunities to movement and growth Matching up to 6% for 100% on 401k 15 vacation days starting until year 10 then you get 1 week, plus 9 paid company holidays, 5 sicks days and they now have extended maternity and paternity leave outside of the short term disability allowed.

    Cons

    Inconsistencies in management across teams. Some are micro managers and hold info at the top, some are less intrusive and more open about the direction of the company. Initial salaries are competitive, and then internal bonuses and raises including COLA are tied heavily to your performance. There are NO annual bonus or raises unless you have management team really going to bat for you or you are involved in a lot of ad hoc projects outside of your regular work They ONLY have HDHP healthcare options (HSA), no traditional low deductible plans, and they discourage spousal participation by slapping both tobacco and a wellness fee (BMI above 30) onto the HDHP, so your premium is as high as a traditional plan after you pay all of those fees. You need to be thin and healthy to work for this company. The F&A investments into technology is severely lacking and there are inconsistencies across the org that drives very tedious and long closes with lots of manual work to be done around reporting. This company completes a lot of M&A's so to do so, they forego making the purchased companies consolidate to one F&A system for accounting and reporting and its just bad business. Because most transactional work is outsource like booking GLs, processing AP/AR, etc., there are many mistakes being made with those foreign vendors. A lot of work is moving from US to outside for cost savings without the employees realizing any of that in bonuses or raises. The political environment is very charged and you are heavily encouraged to invest numerous times in the PAC, and within GA, there were representatives that we were encouraged to vote for that had made some racially inflammatory comments. The senior executives are all white males. There are some VPs and controllers that are white women, so if you are trying to break through that glass ceiling and become and executive, you might want to find a company that has a little more diversity and welcomes differing opinions. In Atlanta office the parking if you come into office daily is $110 monthly that can be taken pre-tax and is not supplemented. If you don't pack lunch expect to pay about $15-$20 daily for downtown lunch. Traffic is horrible because they are always filming, and it's Atlanta. Pay for salaried is on the 15th and the last day of month, NOT bi-weekly or monthly. The problem with this is the inconsistencies and not getting paid every Friday after 10 days of working. Sometimes, you can wait more than 12 days before receiving a paycheck.

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