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Prestige Brands

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Prestige Brands reviews

3.5

57% would recommend to a friend

(59 total reviews)

Ronald M. Lombardi

57% approve of CEO

50% positive business outlook

Ratings by category

3.5

Diversity & inclusion

3.5

Work/Life balance

3.5

Compensation and benefits

3.3

Culture & values

3.1

Senior management

2.9

Career opportunities

Prestige Brands has an employee rating of 3.5 out of 5 stars, based on 59 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Prestige Brands employee rating is in line with the average (within 1 standard deviation) for employers within the Manufacturing industry (3.5 stars).

Ratings by demographic groups

Reviews by job title

59 reviews
1.0
Nov 18, 2019

Sinking ship

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

3PM Fridays. Even if it means you have to come in on the weekend. Enough said. A group of people who are genuinely concerned with the bottom line - everything is about trying to squeeze an extra penny out of customers and saving an extra penny. You can count on consistent weekend work, but the motivation is there to stay alive. Tarrytown is accessible for northern New Yorkers and Connecticuters. Although 287 and 87 are often congested during rush hour, there is no bridge and no tunnel. Many people here drive long distances to get here.

Cons

Prestige is not what you think of a pharma company. The company does not actually create and research new products - it is a buyout firm that buys drug brands that are already past patent life and are competing with generics. The best hope is that customers are ignorant and continue paying premiums. Each of the company's products will eventually reach end of life. There is no growth beyond short term marketing gimmicks. Products and brands get bought to come here to die. Rampant cronyism. If you are not from Novartis... Constant fear and a culture of cover-your-a[..]. Everyone is constantly worried about protecting him and herself. People here know the pie that goes around is so little and it is shrinking that they just want to pillage as much as they can themselves. Instead of thinking about how to improve, people know that it is hopeless.

avatar
Prestige Brands Response
6y
I doubt very much that these comments come from a current employee, but if so, please come to visit me confidentially and we can work out an exit strategy for you since you seem to be very unhappy. For others reading such reviews and wondering about Prestige, we offer competitive salaries, consistently paid bonuses at all levels, a solid 401(k) company match, best-in-class medical coverage, plus dental, vision, life, AD&D and disability insurance. We have noontime departures on Friday 1/3 of the year and 3 PM during the other 2/3 of the year, paid time off between Christmas and New Year%E2%80%99s, 3 weeks%E2%80%99 vacation that over time grows to 5 weeks, paid holidays, 8 weeks of 100\% paid maternity leave and 10 days of 100\% paid parental leave for the child%E2%80%99s other parent. We even have our own well-equipped gym on premises and offer unlimited access to a professional development learning system. While benefits are an important component of employee life here at Prestige, what we treasure more is the collaboration, the vibe, the laughter, the fun, and the food we all share in and out of the office. As for the heading %E2%80%9Csinking ship,%E2%80%9D if this reviewer knew anything about financials, he or she would know that Prestige generates over $200 million in free cash flow and $331 million of EBITDA (earnings) on about $1 billion in revenues. That sounds pretty %E2%80%9Cafloat%E2%80%9D to me. We do not profess to be a pharma drug company; we make and sell OTC healthcare products and medical devices. I%E2%80%99ve worked at many places in my long HR career; none as sound and as special as Prestige. We are an inclusive workplace of talented and dedicated employees who truly make coming to work every day an experience I personally look forward to. I am %E2%80%9CPrestige Proud%E2%80%9D and I know for certain that most, if not all, of our people are too.
3.0
Mar 23, 2015

Nimble small company with some challenges

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Several perks come to mind: 1) Since the company is small, you have more leverage to drive the company 2) Also because its small, there's no set process so you can push forward projects you want to see come to life 3) Interact with the CEO on a daily basis and make a name for yourself 4) Nimble marketing and quick to drive out new innovation 5) Multiple brands and categories so you're not stuck doing the same thing every day 6) Pay structure is very good for the size of the company 7) Great step up into higher role

Cons

1) Because the company is small, it's prone to office politics 2) Also because of the size and people with their own agenda, it can get a little cutthroat 3) Getting on the radar of the CEO is both a blessing and a curse; your work may become heavily scrutinized all of a sudden 4) Quarterly sales meetings means you'll be scrambling every quarter to make those ends meet 5) High turn over rate - Typical employee retention is around 1-2 years, especially at the lower end 6) Depending on who you work for, your boss might not have your back when you need it 7) It takes a certain type of person to enjoy this culture, can be both good or bad depending on your role

5.0
Mar 18, 2015

Great company if you like business ownership responsibilities and opportunities for professional growth

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are many things I like about Prestige. 1) Tremendous ownership of your businesses so you can make a real impact - since Prestige has a limited number of people, EVERYONE plays a big role in delivering results. You're definitely not a small cog in the company and you're empowered to be a leader at the company and make a difference. 2) Professional growth and responsibility - if you have initiative/drive to learn, there are many opportunities to take on more responsibilities. If you're looking for things to be handed to you, that's not necessarily going to happen here. If you want to learn a new skillset, there are many business opportunities to do that given the diversity of brands and business models that we have here. 3) Rewarded for results - Prestige isn't a very political place, so if you deliver results, you'll be rewarded. Some folks only like it when the results are good, but if you're ok with both ends of the spectrum, Prestige may be a good fit. I personally have been on both ends and I'm ok with it so I listed it as a PRO 4) Fast-paced, variety - I'm in nearly constant motion dealing with different things everyday. I've worked at both small and large companies and the pace at Prestige is definitely faster than most. You need to be adaptive to change and feel comfortable with a culture that generally has a strong sense of urgency. 5) Strong team-work focus - everyone is really helpful when if comes to getting your projects done. This is why trust and execution are some of the driving principles of the company

Cons

Some of the challenges of Prestige include... 1) Rewarded for results - I listed it as a PRO, but some would consider this a CON as well. Since we're a small company, there isn't many places to hide if you're not able to deliver against your goals or getting the job done. Some companies are ok with you if you're days are filled with meetings and you're sending out a million emails a day. That's only OK at Prestige if you're delivering the goods. 2) Resource limitations can be challenging - you have to be resourceful and adaptable in order to get everything done. There are times when you're just being pulled in too many directions given the size of Prestige. Again, this isn't an issue if you're really resourceful at getting information or things done, but Prestige isn't a place for people who don't work well when pushed out of their "problem-solving" comfort zone.

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ReviewsPrestige Brands reviews

Glassdoor has 64 Prestige Brands reviews submitted anonymously by Prestige Brands employees. Read employee reviews and ratings on Glassdoor to decide if Prestige Brands is right for you.