ARC Document Solutions reviews

-Costly health insurance -No pay increase in over 10 years unless you work in the Sales Dept. -No opportunity for advancement in organization -No direction from management as to how company will prosper

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?!