Weak leadership results in poor culture and unappealing work environment - Anonymous employee Laramar Group Employee Review

2.0
1 Feb 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Dedicated, smart employees willing to help each other out -- not a lot of backstabbing here - Great PTO schedule with major (Memorial, Labor, etc) and minor (Veterans Day, Wednesday before Thanksgiving) off as paid holidays. Corporate offices closes week between Xmas and New Year. -Strong incentives for executives and investment teams - Attempt to build comaraderie at Denver corporate office

Cons

- Weak leadership from CEO of company does not provide clear direction (both short and long term) for the company - Clients (3rd Party business) are unhappy with Laramar and leaving in droves -- what's the plan for this business? - CEO can be punitive and short-tempered when things don't go as planned -- he rips employees apart on phone calls and in meetings -- not necessary! Pull the person aside to reprimand. - Weak culture has led to low morale and high turnover at all levels of the company

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Laramar Group Response
8y
Ouch! But hey! We recognize that your perception is reality to you. We value your input and your comments. Laramar is in a "not-so-unique" space in time that many companies go through. We are re-organizing, re-configuring and taking a hard look at our business from the top down. Scott McMillan, new COO is implementing several strategies to re-align the business to match the market indicators and is also implementing changes for corporate employees who want, and can, take advantage of a "working-from-home" set-up. HR is working as fast as it can to improve the employee experience as well. So yes, I agree with you; it can appear rather chaotic just now. Change is inevitable!! Whats coming on the horizon is a focused business model, improved employee experience and very exciting taboot!

Explore other reviews about Laramar Group

5.0
25 Oct 2024
Recommend
CEO approval
Business outlook

Pros

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Cons

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4.0
7 Sept 2024
Recommend
CEO approval
Business outlook

Pros

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Cons

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