Wasserstrom reviews

3.5

63% would recommend to a friend

(70 total reviews)

Brad Wasserstrom and Eric Wasserstrom

78% approve of CEO

66% positive business outlook

Reviews by job title

70 reviews

Reviews about "Compensation"

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1.0
Apr 2, 2023
Recommend
CEO approval
Business Outlook

Pros

Great stepping stone for starting a career.

Cons

I am writing this to express my concerns about the toxic work environment that exists within The Wasserstrom Company and N. Wasserstrom. I have noticed several issues that are causing significant stress and discomfort for employees, including myself. I believe that these issues are a result of outdated human resource practices, inadequate pay wages, favoritism, inequitable vacation pay policies, male dominant leadership, and a harsh attendance policy. Firstly, the human resource practices within the company appear to be outdated and in need of review. This has resulted in a lack of transparency and communication regarding job responsibilities, performance expectations, and opportunities for growth and development. Secondly, the pay wages offered by the company are not competitive, causing financial strain on employees. Additionally, there is a lack of transparency in the process for determining salaries and raises, which contributes to a sense of unfairness and discouragement among employees. Thirdly, I have noticed favoritism within the organization, where certain employees receive preferential treatment or recognition, while others are overlooked or undervalued. This is creating a sense of resentment and division among employees, which is contributing to the toxic work environment. Fourthly, the vacation pay policy is inequitable, with some employees receiving more time off than others, and the process for requesting vacation time is unclear and inconsistent. This creates a sense of frustration and uncertainty among employees, which is further adding to the negative work environment. Additionally, the male dominant leadership structure of the company is contributing to a lack of diversity and inclusivity. This is making it difficult for female employees and other marginalized groups to feel heard and valued within the organization. Lastly, the attendance policy is unnecessarily harsh and punitive, causing unnecessary stress and anxiety among employees. The policy does not take into account extenuating circumstances and creates an environment of fear and mistrust.

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Wasserstrom Response
3y
First and foremost, I am disappointed regarding your feedback and experience. We have made a significant amount of progress, especially over the most recent 4 years. We have updated MANY Human Resources practices and continue to do so. We have enhanced benefits (even during Covid), and continue to do so. Of special mention, our time -off benefits are significant, especially for associate medical situations that are 4 days are longer (100%pay up to 4 weeks!) We have eliminated the out-dated "performance review" system and focus on a much up to date 'year-round" conversation model. We have updated many compensation plans and continue our work to review and compare market v. Wasserstrom, and update our practices. Regarding "male dominant leadership".... MANY women. They are involved in the leadership throughout the entire organization. Our overall eNPS scores have risen significantly and continue to improve. We are committed to our associates, our customers, and our company.
3.0
Jul 11, 2022

Not everyone’s cup of tea

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexible, Co-Workers that think of each other like family

Cons

Executive Leadership Lack of Retention of tenured employees

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Wasserstrom Response
4y
Thank you for your feedback. Our average tenure is 9+ years. Since you were at Wasserstrom for 10+ years, it would appear that the pros outweighed the cons. We also have 30% of our associates with 10+ years of tenure. So I would say we do have retention with tenured associates. :-)
4.0
May 9, 2022

Builds stuff

Recommend
CEO approval
Business Outlook

Pros

Good benefits Flex able time Good lunch room

Cons

Lower pay compared to rest of industry

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Wasserstrom Response
4y
Thank you for your time to provide feedback to help us improve. We continue to work on various areas, including compensation to both attract and retain great people. We have been increasing various aspects of compensation, as recently as many increases that were implemented in April 2022.
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