CEO-Owner hires non-tech family in Hi-Tech Business - Anonymous employee EAG Laboratories Employee Review

No business plan. No employee book. 20% of company is owner relatives with high pay but no degrees. No job descriptions ever provided. Work is as demanded and at will. Inexperienced COO runs lab. COO's MBA paid for by owner at company expense. Company buying competitors. Employees increased revenue by 20% while CEO keeps buying new instruments costing $1-3M every 6 months. Looks like CEO has divided company and will sell Company this year. Raises are 2-3%, but growth is >20% per yr. Employees not rewarded for producing 20-30% yearly growth rate over 7 yrs of existence. Insurance plan changes every year. No stock shares.