Power Solutions International Reviews

Boys club atmosphere. One particular guy had a long history of bullying\harassment but has calmed down a bit recently after repeated offenses, but somehow avoided getting fired. 12% pay cut in February 2016, including new hires! Quite a few firings after the pay cut as well as layoffs. I guess the previous CEO needed to pay the city to widen the street to his house. (google it) Previous COO was fired then the CFO who assumed duties and auditing firm resigned about a year afterward, probably after they uncovered the truth. Managers from multiple departments met with employees to describe the public lawsuits and referred to the lawyers as “ambulance chaser lawyers” and to not worry about the company business. Oddly enough, SOX compliance emails were sent out the same week as a knee jerk reaction. Obviously, the communication came from the top because everyone heard the same term “ambulance chaser lawyers”. Now we all know the truth know they were lying directly to employees. Very questionable lab practices involving LPG. The message seemed to be get results no matter what the safety risk, not get results the right way. Original Wood Dale location consisted of engines running haphazardly in a loading dock or reefer trailers. Don't just take my word for it, read the PSI website under SEC filings dated April 7th. which reads there "was not an appropriate tone at the top" That phrase was similarly used by Enron in there financial statements.

Poor cash management, poor planning, horrible executive staff who seems to have a knack for fabricating the truth. This company could careless about the safety of their employees, the market themselves as world class. They are far from world class, I'm not sure who they paid off for their ISO certification, but it probably didn't take much. The people running the company should be embarrassed of themselves. It's full of talented sales, engineering, technical, and laborers, but management (Mangers up) are far from competent. The writing is on the walls, run away from this company. It's been a stain on my career that will take some time to recover from. They also are good at releasing any employee whom opposes the wrongdoings or poor decision making from the top.