Nerac, Inc. Reviews | Glassdoor

Nerac, Inc. Reviews

Updated November 3, 2016
18 reviews

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Full-time Part-time

2.1
Star Star Star Star Star
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Kevin Bouley
15 Ratings

18 Employee Reviews

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  1. "Analyst Intern"

    Star Star Star Star Star
    Former Employee - Analyst Intern in Storrs, CT
    Former Employee - Analyst Intern in Storrs, CT
    Approves of CEO

    I worked at Nerac, Inc. (Less than a year)

    Pros

    Good People, Variety of interesting projects

    Cons

    Some days can be slow


  2. "Regional Director"

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

    I worked at Nerac, Inc. full-time (More than 5 years)

    Pros

    Had decent business model initially until new management assumed leadership. Tried to be progressive but oppressive always won. Good co-workers. Alumni connection rewarding.

    Cons

    Bait and switch tactics. Made promises and changed terms after the fact. Management ruled by intimidation and humiliation in 7:30AM morning meetings. Loved using the phrase, "We are all expendable" and "We succeed despite ourselves". Self-fulfilling prophesy and lack of awareness. Truly misguided.

    Advice to Management

    Learn how to lead and maybe Nerac wouldn't have crashed like Malaysian MH370. Should have sold to Thomson Reuters when the company had value.


  3. "Not Good"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at Nerac, Inc. full-time

    Pros

    Local, small, good manager, good people

    Cons

    Sr. Management was terrible.. Unprofessional


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  5. "Some good things to build on"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Neutral Outlook
    Approves of CEO

    I have been working at Nerac, Inc. full-time

    Pros

    Lots of intelligent, industrious and committed people. Strong collaboratory culture. Receptive to new ideas and constructive input.. ESOP ownership structure promotes inclusion and commitment.

    Cons

    Can tend to be a little too slow and plodding in identifying and implementing necessary changes, especially for a company of this size. As a research and advisory company, hard to dispense with an academic aura, however, could certainly benefit from a "fresh" approach.

    Advice to Management

    Continue to innovate and invest in marketing and employee resources


  6. Helpful (2)

    "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Tolland, CT
    Former Employee - Anonymous Employee in Tolland, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Nerac, Inc. (More than 8 years)

    Pros

    Nerac has a great culture! Great work/life balance

    Cons

    The commute can be challenging depending on where you live.


  7. Helpful (2)

    "Great place to work!"

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

    I have been working at Nerac, Inc. (More than a year)

    Pros

    Flexible hours, allows work from home, casual, open atmosphere, fitness-oriented culture, work with lots of really smart people, forward thinking, innovative start-ups in the building

    Cons

    cutbacks = necessity to work lean and mean and be creative with workload....not necessarily a negative!


  8. Helpful (2)

    "Sad Distruction of a Good Business Model"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Analyst in New Haven, CT
    Former Employee - Research Analyst in New Haven, CT
    Doesn't Recommend
    Negative Outlook

    I worked at Nerac, Inc. full-time (More than 5 years)

    Pros

    It is hard to say.

    Cons

    After the new owner who claims to be an entrepreneur took over, revenues and corporate clients dropped by >80% and the number of analysts dropped from about 90 down to about 15. These are facts. There seems to be no respect for the expertise of the analyst in there respective fields and little understanding of how they use their expertise to satisfy clients. Sales people are treated badly as well. The CEO reminds me of the Wizard of Oz and and the company reminds me of the story "And then there were none."

    Advice to Management

    Advice is rarely accepted, if at all.


  9. Helpful (3)

    "Analyst"

    Star Star Star Star Star
    • 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

    I worked at Nerac, Inc. full-time

    Pros

    Work from home; lots of client contact

    Cons

    Antiquated business model; poor leadership; declining customer base, always under the threat of layoffs, pay cuts or furloughs

    Advice to Management

    Sell


  10. Helpful (3)

    "Unstable"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lead Project Analyst in Grand Island, NY
    Former Employee - Lead Project Analyst in Grand Island, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Nerac, Inc. (More than 3 years)

    Pros

    Work from home, low pressure

    Cons

    Unstable, RIF's, Salary cuts, Benefit cuts

    Advice to Management

    Exercise leadership


  11. Helpful (4)

    "Small company with big dreams"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Department Was Phased Out in Tolland, CT
    Former Employee - Department Was Phased Out in Tolland, CT
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Nerac, Inc. full-time (More than 5 years)

    Pros

    (Worked here before 2008 bubble burst)
    Good benefits
    ESOP
    Flexible hours
    Everyone knows your name
    Great coworkers who will become lifelong friends
    Clean building

    Cons

    Limited opportunities for advancement
    Employee favoritism from upper management
    Upper management consistently flaunted new cars and built themselves mansions, but cut employee bonuses
    State of the State, Hawaiian shirt Fridays and antiquated software gave it an "Office Space" feeling

    Advice to Management

    Consider taking some classes on dealing with employees, Kevin and Betsy are deadpan and unapproachable if they don't like you. I was one of those people and it felt crappy to work under needless pretentiousness.
    Pick an identity and stick with it. The current, and very dated, logo and slogan is confusing and lackluster. You have a fabululous, high-end research staff and should be advertising their top notch services in a professional, high end manor.



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