- Kemet Electronics Corporation14.Oct 2016
The following benefits were offered to me
- CompanyKemet Electronics Corporation
- Are you a Current or Former Employee?Former job since 2016
The CEO, has created a culture which stifles innovation. Anyone which tells him no is reassigned or forced out. One cannot tell him he is wrong. He's privileged and is very old school management. The board is in his pocket. Penney's board fired their CEO for losing money. He had the company bleeding money for years and still got a bonus.
CEO does not believe market numbers. Growth is 2-3 percent. He expects 10 - 15 percent. No cash for capital to even come close to growing lines at that level.
Most of the worker bees do work fairly well together. We didn't always "row" in the same direction.
I was able to do what I needed to do in the field.
This was lacking. We did have quarterly reviews. General communication was poor.
Doubtful in my estimation
Not afraid to hire experience, but tend to be on the cheap. Some members are appreciated, others not. Per needs to like them.
Training really non-existent. Company fairly lean, so career advancement difficult unless someone retires or leaves above you.
On the lower end of things. 401K match excellent. $ for $ first 6%. Best part of Kemet comp.
This was OK.
A recycle program was put in place, but the custodians empty cans in same bins, so its just for show. Probably was a cost cutting measure.
Everyone in the field was pressured to do more with less. Worked more than 50 hours per week plus travel, nights away.
Not especially, which is why I left. Couldn't work for CEO any longer. Not inspiring at all. Quite the opposite.
CEO's strategy would be to correct at each quarter end. Most of us worried as each quarter closed. Seemed to have stabilized lately. Limited hiring.
Just the minimums required.
To the best of my knowledge, they do.
Didn't have time to do anything innovative or advantageous. Always new applications.
Absolutely not. CEO doesn't want ideas. Only his opinions matter. Its too bad because there are some good people still around.
The company had a good reputation in the field. There is good name recognition. Easier to get in front of customers.
Lack of cash reserves created a problem of capital investment. Poor investment choices almost bankrupted company.