2.0
6 Feb 2025
A Century-Old Company Faces Rapid Decline
Former employee, more than 3 years
Princeton, NJ
Recommend
CEO approval
Business outlook
Pros
Good working environment. Good work life balance.
Cons
The current system lacks fair competition and a reasonable reward structure, which reflects poorly on management, giving the impression of inefficiency and unprofessionalism. Many supervisors are recruited externally rather than being developed through internal training programs, leading to frustration among high-performing employees who feel there are limited opportunities for advancement. Additionally, the ongoing decline in sales has resulted in below-average salaries, making it challenging to attract and retain top talent. This situation perpetuates a vicious cycle that further undermines the company's growth and morale.