Employee Review
- Current Employee, more than 8 years★★★★★
Love LORD, it's a unique business
Nov 24, 2021 - Senior Mechanical EngineerRecommendCEO ApprovalBusiness OutlookPros
Fantastic people, good pay especially for Erie, interesting work, well respected by customers, good vacation, excellent lower and mid level management. A surprising number of lifetime employees.
Cons
Rarely backfill positions which causes burnout of remaining employees. Mediocre medical benefits after the Parker takeover (LORD pre Parker had industry leading medical benefits which attracted many people to LORD and kept them there). Parker management is putting a lot of risk into production by massively reducing inventory which causes huge delays when one part gets scrapped and there are no parts available to backfill. Development has more or less dissappeared as there isn't any investment. It seems that all Parker cares about is the bottom line for stockholders, there isn't any vision to invest in future products.
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Other Employee Reviews
- Current Employee, more than 8 years★★★★★
Pros
It’s a well diversified company that still focuses on growth.
Cons
Depending on your work area the staffing can feel very thin and pretty task saturated.
- Former Employee, more than 3 years★★★★★
Pros
Opportunity for advancement for designated people
Cons
Management: Toxic environment & meritocracy