If I knew then what I know now - wouldn't have taken the job! - Manager Concepts NREC Employee Review

1.0
Dec 18, 2020
Recommend
CEO approval
Business Outlook

Pros

Some very smart people and get to work customers in cool industries like aerospace, and automotive. Note there is also wastewater and industrial process - so balances out....

Cons

In my opinion: Old-fashioned, poorly managed and run like a hobby rather than a business. Make sure you are happy with the salary offered because there is no 401K match and the Employee Stock Ownership Program (ESOP) is a HUGE JOKE. Here are some questions I wish I had asked in my interview: What percentage of the company is actually owned by employees? How has that changed over the past 5 years? How quickly is my portion of the program is paid out if I leave/retire? Can you provide me an example of what amount of money I would get using the salary offered if I left after 3, 5 and 10 years of employment? What is the turnover rate at the company? Have you had any layoffs? What is the career advancement for my role? Is there a bonus structure? What is it based on? How many times have you paid out bonuses in the last 5 years? What percentage of the bonus was paid out? What has been the "average" raise given over the past 5 years.

Explore other reviews about Concepts NREC

5.0
Jul 15, 2025
Recommend
CEO approval
Business Outlook

Pros

Great for experience, good pay, friendly teammates, reasonable workload.

Cons

If you like an office workspace that's good, but everyone else will be remote.

4.0
Dec 31, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

While I always felt the company had potential, in the past much of that was outweighed by inefficiency and lack of forward thinking. However, I am truly excited about the progress made within the last two years (the last year especially). There is still work to be done, but I now feel confident about the current direction and future outlook of the company. Current management seems to understand the issues of the past and has been actively working to implement major improvements in how the business operates. The company has also made significant investments in two new CNC machines over the last two years, with apparent plans for more investment. I really enjoy working with our current team. Everyone I work with now is very capable and appears to be on the same page regarding the general company direction. The company is also actively hiring to support planned growth. Scheduling and working hours are extremely flexible under most managers. A few years ago, I may have rated the company 2 or 3 stars. Within the next one to two years, I expect I will be able to comfortably upgrade my rating to 5 stars.

Cons

The company has gone through some growing pains recently, leading to late orders that have resulted in some stress. Fortunately, that has improved and looks like it will continue to improve. No 401(k) match is a little disappointing. There is an ESOP plan, but the details of how it works and the value it offers to employees is somewhat vague. Most of the previous cons I had have been addressed within the year.

2
See reviews by: Helpful|Rating|Date|All