NewPage - its a sinking ship | Glassdoor
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There are newer employer reviews for NewPage

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"its a sinking ship"

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

Pros

- can build experience to move to better companies
- pay is industry average
- room to move up since retired workers are not often replaced.

Cons

- Horrible communication between corporate and each mill.
- Constant salary freeze... I had to threaten to leave twice to get pay increases and they told me not to tell anyone.
- CEO is one of the worst of all time.
-They only care about their bottom line. If they can save a penney in the long term and leave thousands of people out of work they would.

Advice to Management

You may as well find another job because you've already ran this company into the ground... Ethics mean nothing to the NewPage SLT.

Other Employee Reviews for NewPage

  1. "good people in a company with an overwhelming debt burden - needs ownership / financing changes"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    Pros

    professional challenges, opportunities to provide leadership, committed workforce, smart people, slow industry but fast paced organization,

    Cons

    pay freezes, hiring freezes, constant cut backs due to large bond payments, selling key assets to generate cash flow now for bond holders because a private equity firm fully leveraged the company, several sites generating good cash flow but not enough for 100% financing of high yield bonds

    Advice to Management

    restructure or sell viable mills - do not sell the pieces, that does not create value.


  2. "Decent pay, but not a rewarding work environment."

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

    Pros

    Decent pay, good coworkers, challenging work, decent training for us, average benefits. Other than that, there is not much good to say.

    Cons

    Very bleak industry to work in. Company is poorly run and will probably file for bankruptcy soon. Most people are treated like numbers.

    Advice to Management

    Instead of shutting down mills and ruining so many communities, maybe you should not dirve away all of our best customers.

There are newer employer reviews for NewPage
There are newer employer reviews for NewPage

See Most Recent

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