IM Flash Technologies "joint venture" Reviews | Glassdoor

IM Flash Technologies Employee Reviews about "joint venture"

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12 Employee Reviews

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  1. Helpful (1)

    "Good mix of big company benefits and little company flexibility"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Lehi, UT
    Current Employee - Anonymous Employee in Lehi, UT
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at IM Flash Technologies full-time (More than 10 years)

    Pros

    Time off; flexibility to learn new things; visibility to many parts of the business; short commute; neat evolving technology; pockets of good people

    Cons

    Joint venture makes you feel like you're a child of divorced feuding parents; overly influenced by Micron's whims; lots of headcount pressure especially given the flat organization; pressures on IT have resulted in most groups hiring IT people under a different job title

    Advice to Management

    collect the IT expertise within the IT organization


  2. "Basic Rating and Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Electronics Equipment Technician in Lehi, UT
    Current Employee - Senior Electronics Equipment Technician in Lehi, UT
    Recommends
    Neutral Outlook

    I have been working at IM Flash Technologies full-time (More than 10 years)

    Pros

    IM Flash is an innovative company that is on the forefront of non-volatile memory solutions.

    Cons

    IM Flash is a joint venture between Intel and Micron. As such, it is not publicly traded and does not have its own stock. IM Flash, like all companies in the memory sector, is subject to the stresses of supply and demand inherent to technology manufacturing.

  3. "good company with core values focus"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at IM Flash Technologies full-time

    Pros

    Good place to work in. People are nice and there are core-values focus since start up. Good benefits in a not so expensive region compare to big cities like California and New York.

    Cons

    It is a joint venture and is highly dependent on Intel and Micron. Facing high competition from Asia due to culture differences and cheaper labor.

    Advice to Management

    This is still a manufacturing company where results are important to investors. Management have to go tighter else eventually Asian factories will prove better ROI.


  4. "Great Place to Work"

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

    I have been working at IM Flash Technologies full-time (More than 8 years)

    Pros

    Great pay. Great benefits. Excellent team. Love the values. Love the mission of the company. A great history of success.

    Cons

    The dual CEO model of the Joint Venture makes alignment of priorities difficult at times, but something we just need to work extra hard at overcoming.


  5. Helpful (1)

    "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Lehi, UT
    Current Employee - Anonymous Employee in Lehi, UT
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at IM Flash Technologies full-time (More than 5 years)

    Pros

    The leadership team regularly requests feedback and works to improve.
    Salary is competitive
    Great online tool to recognize other employees for teamwork and results
    Things like an on site gym and health clinic
    Challenging work

    Cons

    Small work spaces create a noisy environment that can be distraciting
    No benefit for maternity other than what is required by law
    Considerable pressure to exceed expectations with very small capability to reward like stock options or shares since the company is a joint venture.

    Advice to Management

    Look for ways to promote leadership vs simply managing and develop diversity through inclusion.
    Add some color to the walls and make the place feel more like a comfortable environment to work in


  6. "Solid Semiconductor company with growth potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Lehi, UT
    Current Employee - Anonymous Employee in Lehi, UT
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at IM Flash Technologies full-time (More than 8 years)

    Pros

    Love the benefits - management works hard to make sure the benefits are 'better than the rest'. Solid programs in terms of time off, compensation, health insurance, etc. New High deductible plan is a Win-Win for company and employees.
    Challenging work makes each day different. Real problems to be solved, and the recognition program to reward those who are able to help fix/solve the problems.
    People - company is focused on bringing the right people into the company; so co-workers are strong performers, buying in to company values of Teamwork, Integrity, Commitment, and Execution

    Cons

    Semiconductor industry is a roller-coaster; which can lead to both highs and lows. As a Joint Venture between Intel and Micron, we have a tendency to feel the effects of the lows longer, and not as much of the highs (depending on how both of the parent companies perform). With co-CEOs, one from each parent company; there is a tendency to follow where the parents lead in terms of cutting in the bad times; which leads to morale challenges at times

    Advice to Management

    Use the political capital you have to stand up for what you feel IMFlash is doing right. Don't cave to intertia and being part of 'their' network.


  7. "Great Company and Great Core Value"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Group Manager in Lehi, UT
    Current Employee - Group Manager in Lehi, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at IM Flash Technologies full-time (More than 8 years)

    Pros

    It is one of the most high tech companies to work in the world. Very challening and rewarding culture. Some of the brightest engineers I have worked with in the industry.

    Cons

    IM Flash is a joint venture between Intel and Micron and lacks the brand value as Intel or Micron. This is a very competitive industry so we have seen some ups and downs with the macro economic cycles.

    Advice to Management

    Company has a really cool HR manager. He has continued to make IM Flash a cool company to work for. Proud of upper level managers for thier accessibility and new initiatives focused on people. We are recently getting new CEO directly from Micron. I hope he embraces IM Flash core values

  8. "Committed to Success"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Lehi, UT
    Current Employee - Anonymous Employee in Lehi, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at IM Flash Technologies full-time (More than 8 years)

    Pros

    Great opportunities to work in a state of the art facility.
    Beautiful location in the middle of the mountains of Utah.
    Great pay and benefits, good bonus programs
    Great time off program
    Core Values that dictate decisions
    Leadership with an open door, willing to listen to concerns and questions
    I am recognized for my contributions

    Cons

    Being a joint venture means having to please two parent companies at the same time. There can be a perception that Micron controls too many decisions. I believe this perception to be wrong, but it exists.
    Sometimes the work environment is different in other departments. This can lead to different levels of morale based on which area you work in.

    Advice to Management

    Continue the focus on our core values. Keep taking care of the employees and trust us to take care of the business. Set clear expectations for all managers/supervisors to help create a consistent work environment for all.


  9. Helpful (2)

    "Too many mangers (old school thinkers), no pay for performance raises."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Equipment Support Technician in Lehi, UT
    Former Employee - Equipment Support Technician in Lehi, UT
    Recommends

    Pros

    The medical benefits are among the best I have ever had. Tuition reimbursement. Good place to start learning semi-conductor.

    Cons

    Technicians rotate days to nights every 4 months. Terrible schedule for your health and sanity. For some reason though, production operations does not rotate? Go figure that one out.

      Even though IM Flash is an Intel/Micron joint venture this place is 100% Micron. It is 100% Boise Micron Management copy exactly. Too many "good ole boys" with the same way of doing things and always looking out for their buddies who have been around as long as they have.

       Micron does not give performance based raises, at least not once you hit that magical midpoint. Their goal is to stop everyone at the midpoint of their pay scale and the only way to get a raise once you hit that midpoint is to, get a promotion, or wait for a market analysis to show that IM Flash needs to pay people more to stay in line with the other semi conductor companies. So if you love your job and don't want to move to something else you will hit the midpoint eventually and spend the rest of your career with no pay raise. Imagine the moral in a company with such a practice. So if you are an over achiever, getting paid at the midpoint, you will work year after year with no raises watching the under achievers making more and more until all of you are making the same. They want world class products but don't want to pay to keep world class employees. So you are left with a lot of people who just come in, do their time, and go home. They are not motivated to give anything for the company because there is nothing in it for them if you are at the mid point.

        There are almost more leaders/managers than workers. In my group of 20 people 5 our managers. The shift managers have nothing to do all day but sit around and watch everyone work. They don't have any projects, no pressure to come up with improvements, don't notice or resolve issues they are just there. Micron then gives all the pay, and bonuses to mangers and supervisors and if you aren't one then your ideas and suggestions are not treated the same.

    Advice to Management

    Too many chiefs and no raises will lead to the companies down fall. IM Flash Singapore will beat them on all costs in a few years. They need to use effective management by laying off 50% of their leads/supervisors/managers and trust the employees. They need to recognize people that do the work before the market rebounds and they lose all of their talent that makes the company world class. They need to stop this crazy 4 month rotation and pay a higher night shift differential and hire in new technicians on night shift to start. Do your time on night and then go to day permanently. It works for Intel and why they didn't copy this I will never know. That is proof enough for me to know that Intel hasn't had any influence on how this company runs. Glad I don't work there anymore.


  10. Helpful (5)

    "Before You Take a Job at IM Flash..."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Electronics Technician II
    Former Employee - Electronics Technician II
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Challenging, interesting work. High end equipment.

    Cons

    The company is in a financial tight spot with the commodity status of it's NAND Flash Chips. There is an over supply and market demand has collapsed, causing the ASP (Average Selling Price) to tank. Bonus' and pay has been cut company wide. The company is currently doing some house cleaning which has tainted relations not only between employees and management but also on the FAB floor between employees.
    Promotion, by a very wide margin, goes to former Micron employees over both former Intel employees and those hired at the start of the joint venture.

    Be very sure you want to live in Utah if you take a job here.

    The pay is middle of the road, but for the cost of living here I would expect to be able to get to the beach in 10 minutes.

    Advice to Management

    Live up to your stated values.


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