IM Flash Technologies "joint venture" Reviews | Glassdoor

IM Flash Technologies Employee Reviews about "joint venture"

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14 Employee Reviews

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  1. Helpful (1)

    "Finance Supervisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance Manager in Lehi, UT
    Former Employee - Finance Manager in Lehi, UT
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at IM Flash Technologies full-time (More than 5 years)

    Pros

    Great coworkers, great opportunities to develop, work life balance

    Cons

    Limited and slow career path. Chaos and uncertainty of joint venture. Finance doesn’t have the same clout as in other companies to drive strategy and decisions. Forced diversity. I was in a meeting where they were talking about a mentorship program, and the HR rep said everyone was eligible except white males.

    Advice to Management

    Create more opportunities, and a better career path. Hire and promote based off of merit not race or gender.


  2. Helpful (4)

    "IM Flash was driven and exciting until the Scientists took over. The current executives are very busy but distracted."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Lehi, UT
    Current Employee - Manager in Lehi, UT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Vacation/leave, paternity leave, 401k, on salary
    Most team members are approachable and fun to work with
    Utah mountains offer great outdoor recreation activities

    Cons

    Parking can be a 15 minute walk to the desk with insufficient handicapped spaces
    No cell coverage while on site
    Managers promoted based on internal politics and supervision skills while leadership skills are considered "nice to have" leaving the company with very little vision or unity
    Mandatory shift rotations can make it difficult to coordinate child care, pets, and life outside work
    Cost cutting examples used recently included head count reductions, mandatory vacations and layoffs
    The Joint Venture partners do not appear to share the same vision
    Micron trying to purchase a company (e.g., Inotera and Elpida, etc) usually turns into requests from Micron to IM Flash to cut cash resulting with IM Flash ending up with insufficient resources to hit goals

    Advice to Management

    Own the message and look forward.

  3. 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


  4. "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.


  5. "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.


  6. "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.


  7. 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

  8. "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.


  9. "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


  10. "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.


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