Gerdau reviews

3.9

80% would recommend to a friend

(217 total reviews)
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Gustavo Werneck da Cunha

81% approve of CEO

60% positive business outlook

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217 reviews

Reviews about "Compensation"

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1.0
Mar 26, 2013
Recommend
CEO approval
Business Outlook

Pros

For salaried workers, the compensation is average and the benefits are good. The 401(k) has an employer match up to 6% of your base.

Cons

Gerdau is the portrait of senior managerial bloat. What started as a nuisance has reached the point where it's made life a living hell for the salaried employees in the mills. Between Tampa, FL and Brazil, they have multiple layers of senior management with little to do. Therefore, there is an endless stream of foolish corporate initiatives and programs that do little but justify some manager's existence. These programs typically have nothing to do with improving safety or the steel making process, but instead consist of some MBA's idea of taking something simple and complicating to the point of absurdity. For example, it will take you 8-16 hours to create your personnel evaluation and you and most of your coworkers won't understand the majority of the criteria on it. No corporate fad is to obsolete or obscure for Gerdau and each initiative has its own acronym, expensive software package and time consuming set of tasks. The salaried employees in the mills are responsible for implementing and maintaining all of these programs on top of whatever it was that they used to do. Therefore, supervisors (or Routine Facilitators, in Gerdau-speak) may only see their direct reports 20 minutes a day--the rest of their day is spent worrying about foolish tasks like "increasing employee engagement" or updating numerous storyboards. It is so ridiculous, that they actually inspect people's desks and make them have labeled, designated areas for their staplers and phones. Then, and I'm not making this up, they take before/after pictures of the desks and post them on bulletin boards to show how "successful" Gerdau management is. The result of having MBAs run amok is that the wastefulness at Gerdau is astonishing. Departments that were previously run by 5 managers are now run by 10-15 salaried workers, most of which do nothing to affect the steel making process whatsoever. Another problem is that Gerdau is an Idiot Concentrator: most of the talented managers and engineers leave, while the lazy and inept remain. If you're talented, I strongly urge you to look elsewhere. If you're a screwup, welcome home.

2.0
Mar 21, 2013
Recommend
CEO approval
Business Outlook

Pros

Short commute. Decent salary. Good benefits. I keep hearing how great the culture is for production staff. Nothing could be further from the truth when it comes to I.T. where I worked. Based on many meetings with I.T. management, we adopted the motto "Sit down and shut up." because that's all we ever heard from them. They kept referring to us as "hands and feet". No brain. No mouth. Just hands and feet. Like a robot.

Cons

Upper mgmt in Brazil used the 2008 financial crisis as an excuse to "re-organize" the I.T. dept. (translation: fire a whole bunch of good, long term people and replace them with contractors or Brazilians). IBM Brazil was brought in to assimilate the U.S. and Canadian I.T. operations. They are worse than inept. They make huge, enterprise wide changes without telling anyone. No problem. Except that said changes break working systems more often than they fix anything, incurring production downtime. And yet, no one in Brazil seems to care. Why? Because IBM Brazil is cheap. That is the only factor by which they run their I.T. dept now. Gerdau Ameristeel I.T. used to be cutting edge - the envy of competitors. Now it's run like a Brazilian dollar store. I.T. careers go to Gerdau to die. I'm glad I'm out.

1.0
Mar 10, 2013
Recommend
CEO approval
Business Outlook

Pros

just ok pay with incentive bonus, medical benefits,

Cons

They treat employees like slaves. I think this comes from the culture in Brazil where they are the best company in Brazil to work for. This isn't true for America. Gerdau performs employee satisfaction surveys once a year but uses the survey results to gauge employee frustration levels with the apparent goal of keeping it at the highest possible level. Workers want to quit. Constantly changing and obscure goals.

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