Prestige Brands Reviews | Glassdoor

Prestige Brands Reviews

5 reviews

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3.0
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Ronald M. Lombardi
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5 Employee Reviews

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  1. Helpful (6)

    "Entrepreneurial but can be brutal"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Brand Management in Tarrytown, NY
    Current Employee - Brand Management in Tarrytown, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Prestige Brands full-time (More than a year)

    Pros

    This is a small company with a fast-paced, entrepreneurial culture. There isn't much bureaucracy or process. The lack of process can admittedly be a positive or negative, depending upon your view. If you're entrepreneurial by nature then you generally enjoy finding your way from point a to b on your own based on your own experience. The culture at Prestige enables that. At prestige you have direct access to senior management. The CEO regularly wanders the office and chats with employees and it's not unusual to present to the CEO and upper management once or twice a week. The also company moved approximately 2 years ago to some nice, modern, open office space (though the building itself is slightly older.) The company has made several acquisitions within a 3 year time frame and continues to look for additional opportunities to expand.

    Cons

    The atmosphere can feel cut-throat / every-man-for-themselves. I am more used to environments where major differences are aligned outside meetings with senior management. Here that is not the norm. I've seen dirty laundry aired in what I considered inappropriate environments. It's not unusual for people to get thrown under the bus at Prestige and, as a result, employees have developed a CYA culture which can result in disputes that get aired in the public eye. With few exceptions, management does nothing to discourage this environment. With such a small management team, you have direct exposure to the bad eggs as well as the good.

    The company is in acquisition / growth mode. However, dispite the CEO's insistence to the contrary, the company does not invest significantly in the brands it has (in terms of marketing spend and other resources including people). The environment is focused on extracting the most that it can from limited resources which includes its employees.

    Advice to Management

    Focus on problems and solutions not people and positions. Choose strategic growth brands and invest as if they truly were strategic growth brands.


  2. "Anonimous"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Irvington, NY
    Current Employee - Anonymous Employee in Irvington, NY
    No opinion of CEO

    Pros

    Small and challenging place. Great challenging opportunities

    Cons

    Few opportunities for professional growth and advancement

    Advice to Management

    Need to delegate more and think on how to motive employees


  3. "Senior Brand Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Prestige Brands full-time (More than 5 years)

    Pros

    Salary range a bit higher than other companies to attract good employees, company consistently delivering numbers translates to big bonuses

    Cons

    Lean staffing, lack of mobility/succession planning


  4. Helpful (1)

    "Always changing"

    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

    I have been working at Prestige Brands full-time (More than 3 years)

    Pros

    The office is very nice. The people are great to work with because they know how to research or pay for research. Good teambuilding, lots of meetings to get to know one another. You own 'it' here, the whole process, so if you want to see your project through from beginning to end, you'll do it here. Never a dull moment, always busy, even at nights and weekends. Lots of autonomy.

    Cons

    They say we are a small company, but as we are growing we are certainly seeing the down-side of getting bigger....more CYA, more pass the buck, and no communication. If you want to find something out, you have to go and seek the answers. You are expected to deliver, but its hard to do that when you have 1/2 the information and everyone hounding you at once because it's all about them. Hiring all these former Novartis people who are more about schmoozing- up than getting it done. Recognition program went out the door with former CEO.

    Advice to Management

    Stop dumping on the long-term employees. Make the newer employees get involved and be accountable earlier. Bring back the recognition programs. Less segregation of departments, you need all departments to run the company, not just sales and marketing. Equality is a morale booster.


  5. Helpful (6)

    "Nimble small company with some challenges"

    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
    Positive Outlook

    I worked at Prestige Brands full-time (More than a year)

    Pros

    Several perks come to mind:
    1) Since the company is small, you have more leverage to drive the company
    2) Also because its small, there's no set process so you can push forward projects you want to see come to life
    3) Interact with the CEO on a daily basis and make a name for yourself
    4) Nimble marketing and quick to drive out new innovation
    5) Multiple brands and categories so you're not stuck doing the same thing every day
    6) Pay structure is very good for the size of the company
    7) Great step up into higher role

    Cons

    1) Because the company is small, it's prone to office politics
    2) Also because of the size and people with their own agenda, it can get a little cutthroat
    3) Getting on the radar of the CEO is both a blessing and a curse; your work may become heavily scrutinized all of a sudden
    4) Quarterly sales meetings means you'll be scrambling every quarter to make those ends meet
    5) High turn over rate - Typical employee retention is around 1-2 years, especially at the lower end
    6) Depending on who you work for, your boss might not have your back when you need it
    7) It takes a certain type of person to enjoy this culture, can be both good or bad depending on your role

    Advice to Management

    Turnover is costly business and while its great to have people hit the ground running, it can make it seems like a "sink or swim" mentality. Burn out is high for this type of company and you need to figure out a way to balance workloads so that people aren't constantly scrambling.


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