International Monetary Systems Reviews | Glassdoor

International Monetary Systems Reviews

Updated May 16, 2017
27 reviews

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2.9
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International Monetary Systems CEO John E. Strabley
John E. Strabley
17 Ratings

27 Employee Reviews

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  1. "Efforts Equal Rewards"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    Current Employee - Anonymous Employee in Rochester, NY
    Current Employee - Anonymous Employee in Rochester, NY

    I have been working at International Monetary Systems full-time (More than 10 years)

    Pros

    Family/life balance, diverse activities daily, personal satisfaction of knowing you are helping businesses to grow.

    Cons

    For someone that wants to just earn a paycheck, this job will not sustain you. You will only gain rewards by working hard to help the members in your base find creative ways to grow their business.

    Advice to Management

    Continue to listen to your employees and be open to growing with them to build the business together.


  2. "Inside Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Inside Sales in New Berlin, WI
    Former Employee - Inside Sales in New Berlin, WI
    Negative Outlook
    No opinion of CEO

    I worked at International Monetary Systems full-time (Less than a year)

    Pros

    High employee turnover creates advancement opportunities. Decent short term gig if you are looking for an easy interview and a quick start. You will make above minimum wage and with ease can bs human resources, taking short times off "interviewing schedule for a real job"

    Cons

    Core Group which heads departments and overlaps on responsibilities, i.e. Human Resources will be handing out leads (crazy) and the CRM system is antiquated. Leads are recycled, duplicated and not in the least market qualified. Just not a modern sales entity in a dying market. Company and Marketplace is shrinking fast. Cold environment. People here today, gone tomorrow.

    Advice to Management

    Introduce yourself to a professional CRM, use Analytics, research Prospects (dumping an internet phone book on a sales rep doesnt work), simplify propositional value and ditch the ever silly competition between inside and outside sales. Company has workforce protecting job vs working together.

  3. "Horrible"

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

    I worked at International Monetary Systems (More than 5 years)

    Pros

    None that can be mentioned. Trade shows are fun but that's about it. Would not recommend at this time. Search elsewhere

    Cons

    Everything about it from the micro management to lack of respect. Would not recommend to anyone. Management has no desire for employee growth

    Advice to Management

    None

    International Monetary Systems Response

    May 5, 2017 – HR

    IMS does appreciate feedback and feel our culture is continually adapting to the changing dynamic of the workforce. Brokers at IMS do have guidelines and expectations placed upon them as do employees... More


  4. "Broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Broker in Niles, IL
    Former Employee - Broker in Niles, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at International Monetary Systems full-time (More than 3 years)

    Pros

    The daily routine is different, which is good. I enjoy working with members from different walks of life.

    Cons

    Like with all companies, there were times things didn't go my way. I made sure I went in and talked when problems arose.

    Advice to Management

    Keep up the good work!


  5. "Sales Support"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manufacturing in Delaware, OH
    Former Employee - Manufacturing in Delaware, OH
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at International Monetary Systems part-time (Less than a year)

    Pros

    Good company to work for.

    Cons

    Not too much room for growth.

    Advice to Management

    Company should be more apt to expand.


  6. "Good Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trade Broker in New Berlin, WI
    Current Employee - Trade Broker in New Berlin, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at International Monetary Systems full-time (More than 5 years)

    Pros

    Good company culture, enjoyable co-workers.

    Cons

    Few improvements needed but they are being worked on.

    Advice to Management

    Management is interested in the welfare of its employees, and I believe this to be true on a professional and personal level.


  7. "Broker"

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

    Pros

    Trade dollars available for staff

    Cons

    Pay is extremely low. Expectations are high with low pay.

    Advice to Management

    Pay better wages

  8. "Six month job. Once the insurance kicks in, you're gone! Just ask the customers"

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

    I worked at International Monetary Systems (Less than a year)

    Pros

    None at all. If you only want a temporary job for six months, then this is the job for you. Otherwise, keep looking. Don't waste six months of your life you will never get back. Run to a better opportunity.

    Cons

    No dental, vision and no 401k contributions. Your so called commissions are paid with trade money. You can only spend it at IMS or their customers. You have to go to court and fight their cases. Your car, your mileage, no reimbursement. Also, if you find mistakes that management made, you're gone too.

    Advice to Management

    Be truthful to your employees. Stop letting employees go just because you don't want to pay for their benefits. Pay your sales team real commission (cash, not trade).

    International Monetary Systems Response

    Nov 4, 2016 – HR

    We appreciate feedback from both current and former employees; however, when incomplete or inaccurate information is given in an anonymous review, we feel a response is sometimes necessary.

    While... More


  9. Helpful (1)

    "Sales Department"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New Berlin, WI
    Current Employee - Anonymous Employee in New Berlin, WI
    Recommends
    Positive Outlook

    I have been working at International Monetary Systems full-time

    Pros

    This company has a great working environment. The co workers are great. The hours are very flexible for someone with a family. You are not required to come in to office on weekends at all. The additional add on trade benefits for Health Care with the dental and eye care are very helpful. The PTO time for the employee’s the first two years is very progressive compared to many others in the area.

    Cons

    I would like to see a little more progressive 401 K Plan to build for retirement.

    Advice to Management

    Continue to keep your employee’s involved in finding new ways to keep the staff motivated. It is nice to see that is becoming more of the norm at IMS this year.


  10. "The New York Yankees of the Industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - California Regional Manager in Rohnert Park, CA
    Current Employee - California Regional Manager in Rohnert Park, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at International Monetary Systems full-time (More than 10 years)

    Pros

    I wake up each day knowing that I’ve got an opportunity to impact the lives of the local community. We put braces on kids who otherwise couldn’t afford it. Our clients take vacations that on a cash basis wouldn’t be viable. Our members invest in advertising and employee benefits that wouldn’t happen on a cash basis. The walk-in pantry in my kitchen…built on barter. We improve the lives of our clients and I could cite a thousand examples. IMS is the premier barter organization in the United States by a lot. Aside from the brokers and sales reps, our legal, HR, accounting, and IT departments are comprised of exceptional people. The benefits are very good: cash bonuses, PTO, wellness program, 401K and medical.

    Cons

    While public awareness of barter companies has increased over the past twenty years, we’re still a very small part of the economy and of our clients overall business. It takes a smart and dedicated person at least six months to get up to speed and learn the nuances of trade. Frankly, some people don’t want to work this hard. The money is there, but it does take a little time.

    Advice to Management

    Don't abandon the principles that got us here and continue to lead this industry. Build around our most loyal and brightest employees and don't let them go.


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