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Tabb Brockenbrough & Ragland

Is this your company?

The honeymoon period was nice, but after salary cuts and layoffs, I knew I had make a mistake! - Account Manager Tabb Brockenbrough & Ragland Employee Review

1.0
7 Jul 2011
Recommend
CEO approval
Business outlook

Pros

The monthly "payday celebrations" were always a hoot. While we needed to celebrate our paychecks in the down economy, the celebration food got more unhealthy each month. How many leftover tins of Christmas cookies were we going to eat?? The employees tried to be positive and upbeat. We did our best to support one another - that was the "Pro" at TB&R.

Cons

The agency is one of the last independent agencies in VA not owned by a big company or a bank, but the 3 partners keep the company bonus $$ for themselves. They do not share any with the hard- working producers or staff. Long-term dept managers have no regard for personal problems of employees (such as health issues or family illness).

Explore other reviews about Tabb Brockenbrough & Ragland

4.0
1 Jul 2010
Recommend
CEO approval
Business outlook

Pros

Owners are actively invested and involved in the day-to-day operations. There is a true feeling among employees of "teamwork" to make things happen for our clients to help them be successful in their business. The working conditions, benefits program and management accessibility are all top-notch for a privately-owned company.

Cons

TB&R is a privately-owned, local agency. It's not always possible to complete with the national brokers and banks on extremely large accounts, and that fact holds the company back at times. The resources are more limited in a small company, and there are less dollars for education when it is still very important.

1.0
28 Jul 2011
Recommend
CEO approval
Business outlook

Pros

For many years, TB&R had a reputation of strength, reliability and stability. For this reason, I wanted to work there and be part of the agency. Benefits offered were flex-time work schedules, summer hours (one Friday afternoon off each month), reasonably priced health insurance and regular cost of living raises. We had company picnics and cookouts - morale was excellent.

Cons

In 2008, after the owners moved the business to a bigger, newer building with much higher rent, everything changed! In 2009, we all took a pay cut, lost our flex-time and summer hours. There were no raises to off-set the rising cost of our health insurance. The new CFO (at the owner's direction, I'm sure) even cut out the cookouts. Now, we've been sold to new owners from out of Ohio, and over 10% of the workforce (most of us over 55 yrs old - some over 60 with more than 30 yrs with the company) have been laid off or let go. The owners became rich as of July 25, but many of us are now unemployed.

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