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ARC Document Solutions

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ARC Document Solutions reviews

3.2

51% would recommend to a friend

(121 total reviews)
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Suri Suriyakumar

69% approve of CEO

51% positive business outlook

Reviews by job title

121 reviews

Reviews about "Compensation"

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1.0
Apr 6, 2021
Recommend
CEO approval
Business Outlook

Pros

There is little to recommend at this company

Cons

ARC filed their Proxy on 3/31/21. From the 10-K we learned the following: Revenue down $93M last year (2020 vs 2019), a whopping 24.3%. From 2019 to 2020 they eliminated 550 employees (24% of the workforce) ... with no severance payments! They paid themselves (CEO, CTO, COO, and CFO- just 4 people) in salaries and bonuses for 2020: $3.32M. Other highlights: •They took voluntary pay cuts BUT only after the CFO and COO got raises! The CFO a 15%, and the COO a 4% raise. •ALL of them got higher bonuses for 2020 (collectively 13% more than for 2019). • The CFO’s bonus was 25% higher than the year before (CTO 15% and COO10% higher)! • The CFO actually made more money (5% more) in 2020 vs 2019 ... despite taking a “pay cut.” How ‘bout them optics?!

2.0
Mar 25, 2021
Recommend
CEO approval
Business Outlook

Pros

Knowledgeable colleagues, decent base salary and benefits

Cons

This company started out in the 80's mainly printing blueprints, plans, and reports for construction companies. Now that most documents are managed digitally they are trying to pivot to something with a profitable future, but they don't seem to know what that is. Before the pandemic, they started rounds of layoffs as a cost cutting move. I do not recommend applying for a job there as your professional future will be very uncertain.

4.0
Jan 15, 2021
Recommend
CEO approval
Business Outlook

Pros

Great People - from Management to Sales to Service and Production. Good Compensation. Very Client Focused and committed to delivering on the promise! High level of integrity and commitment from Top down.

Cons

Can you say "Demanding Deadlines?" It is what it is if you are left alive and breathing in this industry, as it continues to contract. Management can foster a better team culture by closer communication, and rewarding employees with recognition on a regular basis. Although there is a bonus incentive in place, 2019 and of course 2020 were down years - so the bonus was irrelevant.

Viewing 25 - 27 of 121 Reviews

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