Valspar - Jobs eliminated after 17+ years of service. | Glassdoor
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There are newer employer reviews for Valspar

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Helpful (4)

"Jobs eliminated after 17+ years of service."

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  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Process Engineer in Pittsburgh, PA
Former Employee - Process Engineer in Pittsburgh, PA
Doesn't Recommend
Disapproves of CEO

I worked at Valspar full-time (More than 10 years)

Pros

More than enough work to keep you busy.

Cons

Valspar routinely has "job eliminations" depending on financial results. Always a lingering fear of losing your job. Strong job performance is no guarantee of job security. Valspar just completed a 5% workforce reduction globally because the company did not hit financial targets in 3rd quarter. Was told the eliminations were not based on job performance. It was very obvious that the cuts were based on experience level and salary. I had 17 years with the company and I was one of teh shhortest tenured people let go in the Packaging division.

Advice to Management

Gary Hendrickson made a comment during one of the company wide "State of the Business" conference call. He said that Valspar didn't hit the financial results that they told Wall Street in the 3rd quarter of 2013. He said that will never happen again, as long as he is President and CEO. Fourth quarter comes along and there is a 5% workforce reduction. It's the people working for you that have brought Valspar to the reputation it has. Management has turned its back on dependable, long term employees with good performance reviews, solely in an attempt to hit financial targets at a single point in time. The amount of experienced engineers chopped from the Packaging Division, just to cut costs, will have an impact on your bottom line.

Other Employee Reviews for Valspar

  1. Helpful (2)

    "Disappointed in the way the company treats employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in High Point, NC
    Former Employee - Anonymous Employee in High Point, NC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Valspar full-time (More than 10 years)

    Pros

    Pay was compatible with other companies

    Cons

    Employees always fearful of losing their jobs

    Advice to Management

    Be more attuned to your employees. After all they are the reason for your success.


  2. Helpful (9)

    "If you like to be managed by fear, by all means....apply for this company."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Minneapolis, MN
    Former Employee - Anonymous Employee in Minneapolis, MN
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Valspar full-time (More than 3 years)

    Pros

    Colorful lobby, good cafeteria.....pay was ok and so were health benefits, 401K match decent. Non executive employees are very nice.

    Cons

    I wasn't there too long but but can tell you this place likes to treat its "common employees" like children and rule with an iron fist. No talking allowed or it is construed as gossiping by HR and upper managment. Little men who think they are bigger than they are by being a bully is how the department I was in is run. Executives come and go when they want and I wonder how it is they can even perform their jobs. A boys club for sure. Many layoffs, at least once or twice a year with no regard for its employees. The mentality is they can hire new people, but the word is out.....Don't work at Valspar.

    Advice to Management

    Fill VP roles with people who actually know the job, do the work and walk the talk. I wouldn't slide someone into a position just because they have been there a while and they know too much dirt on other upper-managment, so the feeling is you have to keep them. Get rid of the old elephants who don't add any value, all they are concerned with is themselves and own reputation.

There are newer employer reviews for Valspar
There are newer employer reviews for Valspar

See Most Recent

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