Glassdoor is your free inside look at ORIX USA reviews and ratings - including employee satisfaction and approval ratings for ORIX USA CEO Jean-Michel (Mitch) Wasterlain. All 7 reviews are posted anonymously by ORIX USA employees.
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Jean-Michel (Mitch) Wasterlain
1 person found this helpful
Current Employee – been working at ORIX USA
Pros – every evolving business model - always learning somthing new. Pay is incentive based and reward results vs seniority or hours
Cons – cross department communication can be weak to non existant
Advice to Senior Management – employee meetings or periodic walk arounds would help foster a feeling of 2 way communications
Yes, I would recommend this company to a friend
2010-07-21 03:42 PDT
Current Employee – been working at ORIX USA
Pros – good company
survived the crisis
very involved in the community
they ask good questions and expect you to do the same
Cons – gets pretty intense sometimes
they change business strategies
senior management seems remote
Advice to Senior Management – dallas is a small operation
need more interaction at all levels
Yes, I would recommend this company to a friend
2010-06-26 15:25 PDT
Former Employee – worked at ORIX USA
Pros – my boss was smart and disciplined.
CEO was more of a high level player, but decent guy
if you can make money for them, you get paid very well
Cons – their business mix changes with market conditions
this causes some uncertainty among the lower level employees
Advice to Senior Management – none
Yes, I would recommend this company to a friend
2010-06-11 18:50 PDT
Former Employee – worked at ORIX USA
Pros – met very good co-workers
have decent health and 401K benefits
young and vibrant employees
if you like financial services, there are a lot of different choices in that area
Cons – too much face time required
difficult to achieve promotion
lack of training
boys' club
terrible offices
rarely gave perks like free food or drink
Advice to Senior Management – Jim doesn't make himself known to employees. He should act more like a leader. Good reviews don't necessarily translate into promotions/raises. Management can be somewhat egotistical and oblivious to the reality of employees' lives.
2010-05-30 23:46 PDT
Former Employee – worked at ORIX USA
Pros – long term management
knew how to survive the crisis and make money
always willing to abandown non-productive sectors and find new ones
If you make money for them, they pay you.
Cons – The dislike it when deal people make bad choices.
They imagine themselves critical thinkers and expect others to be.
Advice to Senior Management – charitable initiatives are superb
senior guys need to get involved more.
Yes, I would recommend this company to a friend
2010-02-23 22:04 PST
1 person found this helpful
Former Employee – worked at ORIX USA
Pros – ORIX benefits are decent compared to many alternatives.
Most of the people I worked with were highly motivated, intelligent and were great to learn from.
Cons – After working at ORIX USA for just a modest amount of time (1 bonus cycle) , you realize that the entire place is run for the benefit of just a handful of senior executives (even despite being majority owned by the Japanese). The senior executives are more concerned with traveling on their private jets than managing risk. They also had no problem laying all the blame (losses) off on underlings, despite being primarily responsible for the investment decisions made at the firm. At the end of the day, many of the most competent individuals lost their jobs, so that the incompetent senior executives could keep their own.
Advice to Senior Management – The Japanese need to get rid of just about every executive left at the firm. Among the ones left, it has become an old boys club that will add no long-term value to the organization, but will succeed in lining their own pockets and continuing to support their extravagant lifestyles.
2009-07-23 18:41 PDT
Former Employee – worked at ORIX USA
Pros – Including bonuses, compensation is excellent if you are a high achiever. ORIX is generally good with hours, vacation time, and maternity leave. Frequent acquisitions keep things interesting and usually move ORIX up into higher classes in terms of of pay, perks, and benefits. Some A players, and a lot of nice folks.
Cons – Without bonuses, salaries are sub-par. Bonuses are essentially deferred compensation that you end up working all year to receive, and forfeit if you leave. Corporate identity is fragmented, usually dominated by the most recent acquisition. The emphasis on the bottom-line sometimes results in a decline in quality, perks, and team-building activities. Somehow, despite its better-than-average compensation, ORIX seems cheap. It's a good place to grow until you hit a ceiling, since there is generally low turnover in upper management.
Advice to Senior Management – Modify the "bottom line" approach to emphasize excellence and teamwork. Encourage high performers with more than just an annual cash bonus.
Yes, I would recommend this company to a friend
2009-06-29 21:19 PDT
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