Hatch "shareholders" Reviews | Glassdoor

Hatch Employee Reviews about "shareholders"

Updated Sep 28, 2019

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4.0
83%
Recommend to a Friend
88%
Approve of CEO
Hatch CEO John Bianchini
John Bianchini
148 Ratings
Pros
Cons
  • "However most of the time the shareholders are people that either know or have worked with upper level(in 17 reviews)

  • "Not paid well, management doesn't care about their employees, shares are near impossible to get(in 14 reviews)

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Reviews about "shareholders"

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  1. Helpful (2)

    "Hatch Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Functional Manager in Mississauga, ON
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Hatch full-time for more than 10 years

    Pros

    Great place to work , great people, great opportunities to get on site and travel the world

    Cons

    Not a good place to advance your career, you will make a decent comfortable living especially if you are a shareholder however if you are looking to advance your career you are pigeon holed

    Advice to Management

    Retire some of the old management and bring in new blood to run the company, the industries dynamics have changed and Hatch is caught operating back in the 90's.

    Hatch2019-09-28
  2. Helpful (1)

    "Good work experience overall, average company culture and compensation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Hatch full-time

    Pros

    Company gives good exposure to different projects, good engineers and subject matter experts, overall a good place to obtain engineering experience.

    Cons

    Biggest con is the business model, based on private equity that's supposed to go to high performing employees. However most of the time the shareholders are people that either know or have worked with upper level shareholders. No real process outlining how to obtain shares, creates unnecessary office politics and cliques of people within the company. Company culture is also very uptight and is reluctant to embrace new ways of thinking.

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    Advice to Management

    You pride yourself in having the best engineers, this is one of your mantras. Please ensure that your engineers are getting compensated fairly, for what they are actually worth.

    Hatch2019-05-08
  3. "Employment"

    StarStarStarStarStar
    • Career Opportunities
    Current Employee - Anonymous Employee in Toronto, ON

    I have been working at Hatch full-time for more than 3 years

    Pros

    Good working environment. Lot of room to grow

    Cons

    No bonuses. All profit goes to shareholders

    Hatch2018-08-26
  4. Helpful (11)

    "Not bad. Used to be better."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Engineer in Toronto, ON
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Hatch full-time for more than 10 years

    Pros

    - Great people to work with - Health and dental benefits - Defined contributions pension plan with employers contributions - Flexibile work hours - Can work remotely, pending manager approval

    Cons

    - Very cyclical industry, during down times even senior employees aren't safe from layoffs - Seems to be more about expanding the business too rapidly and making more profits for shareholders than about caring for regular employees - Back in its heyday, company would try to keep all employees even during down time - employee loyalty (reduced work hours or small salary cut), but now they just fire at will and sometimes with little rhyme or reason - Focusing too much on enticing new grads (to replace all the people they got rid of during the last downturn) and ignoring loyal employees that have been around for a while - Little to no career advancement opportunities, unless you have connections or you are willing to do a stint abroad - Uses the "you can be a shareholder" line to entice employees and justify below industry average salary - Unclear and inconsistent criteria for becoming a shareholder

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    Advice to Management

    - Plan for down turns. You know they happen every 3 to 5 years. Put a plan in place for how you are going to deal with it. - Listen to your employees and react in a timely manner. We've been giving suggestions for years, but they've often fallen on deaf ears. - Loyalty is a 2 way street. You want to keep the best, then you better treat them well AFTER you hire them - Trust is also a 2 way street. You want us to trust you, then there needs to be transparency from upper management

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    Hatch2017-07-21
  5. Helpful (1)

    "Great place to work, but not for everyone"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Hatch full-time for more than 5 years

    Pros

    High intellect, high initiative workplace. Opportunity to manage a diverse and interesting career under one roof. Employee owned means we are focused on long term and not a slave to quarterly results. Strong community involvement. Exciting vision for the future, revolving around balanced business sectors, client intimacy and differentiated services.

    Cons

    Sometimes lack of leadership accountability. Pay is below average. We try to do too much and often fall short of our goals. Many shareholders do not come close to pulling their weight in relation to their overall income. Regional and sector matrix can make lines of accountability confusing and frustrating.

    Advice to Management

    Continue to pursue the current vision. Don't be so stingy with pay. Continue to develop leaders and set the bar higher. Although we are very self-critical, I think we are doing a good job compared to our competitors. But that is not a reason to slack off or expect less of ourselves.

    Hatch2017-05-07
  6. Helpful (8)

    "Innovative (out of the box) company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Engineer in Mississauga, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Hatch full-time for more than 5 years

    Pros

    Employee shareholder owned, with a strong company culture. Very flat organizational structure. Top of the class engineers doing the work, and run by engineers with business sense, who understand changing work processes are necessary to remain strong. Company has patents for it's innovative designs!

    Cons

    Company ownership (shares) are by invite only, and criteria to become a shareholder is subjective, add highly dependent on your managers networking skills. Potential candidates for employment should join the company for the immediate compensation and great career development, and not future share potential.

    Hatch2017-04-01
  7. Helpful (5)

    "Disappointed Ending at Hatch"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Mississauga, ON
    Neutral Outlook
    No opinion of CEO

    I worked at Hatch full-time for more than 10 years

    Pros

    Mid-level staff were good to work with. Enjoyed the challenges of the work that I was responsible for. Interesting projects that Hatch worked on.

    Cons

    Total lack of communication between shareholders and non-shareholders. What was being told by CEO and Senior Management to staff was not always accurate. Re-branding of Hatch was felt to be a waste of money by most support & mid-level staff.

    Advice to Management

    Be open with your communication. We all know what is happening in and around. We are not blind. Don't try to sell us something that isn't real. We see through it and end up holding a worse opinion of you.

    Hatch2017-03-18
  8. Helpful (4)

    "Poor Outlook"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Engineer in Perth, Western Australia
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Hatch

    Pros

    Good work/life balance Nice people to work with (depends on locations) Good variety and experience on projects

    Cons

    Unable to get and maintain work in a poor environment. They can't compete with other engineering firms in difficult times, their rates are too high for a similar quality product. During the mining boom, they had ridiculous rates and massive margins. Work was easy to obtain and they could turn away work, without ever having to look for any. This drove up the share price and number of shareholders. During the downturn, they are trying to maintain these margins and returns. This is extremely hard to achieve with their business model and is leading to poor decisions and a toxic work environment. They replace local engineers and managers with Canadians, who they claim are 'world experts'. After many years of trying to get work in Minerals Processing in Australia, they finally hired a local expert and got lots of work (no surprise there). Hopefully they keep them rather than replace them with a Canadian 'expert'. They treat junior staff extremely poorly. There is a culture of black-mail and threats to get them to do unappealing work, outside of their contracts. Focused on shareholders and associates. Other staff are treated poorly and led on with the promise of shares. White+Male engineers will have a slow career progression, the CEO inferred this in various talks. They are trying to achieve an equal representation in the workplace, despite the office and industry not having this.

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    Advice to Management

    Treat your staff better People talk in industry, people outside of Hatch know the ins and outs Respect and treat your local staff more

    Hatch2016-07-07
  9. Helpful (9)

    "Failing Potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Project Support in Mississauga, ON
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Hatch

    Pros

    The people you work day-to-day with are fantastic. The company participates in several community programs like the Ride for Heart, Engineers Without Borders, Road Hockey to Conquer Cancer, and family sponsoring.

    Cons

    As a non-shareholder, your highest priority is to secure billable hours at all costs. The company has been downsizing heavily for several years due to its inability to secure contracts. Transparency is low. Quarterly townhall meetings to present positive company outlooks are considered non-billable. In-house training is non-billable. Standard beginning vacation allotment is 15 days increasing to the upper limit of 20 days after 5 years of service. The company shuts down for 7 unpaid business days over the Christmas break. You're encouraged to apply your vacation time or any accrued approved banked overtime to this period. Monetary compensation is lower than industry averages in the GTA.

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    Advice to Management

    A winning formula includes retaining seasoned experience and hiring fresh talent. The departmental club houses and political games work against this.

    Hatch2016-02-03
  10. "Good for starting professionals"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mechanical Engineer in Mississauga, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Hatch full-time for more than 8 years

    Pros

    - Challenging and very interesting projects - Decent offices - Great workmates - Good work-life balance - Try avoid layoffs during the downtimes and keep expertise continuity

    Cons

    - Old boys club: Shareholder and/or Associate level is not reached by merits, it is all a secret - In my team we have excellent technical managers, but awful people managers - Bonuses should not even be treated as bonuses, feel more like a pat on the back - Lots of travelling, which is great experience for young engineers, but comes at the cost of low incentives, which is not good when you have reached a senior level - Big gap between junior and senior engineers

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    Advice to Management

    - Provide better incentives when sending people overseas

    Hatch2014-06-14
Found 17 reviews