Company values youth and inexperience, which is cost effective for the organization but detrimental to high performance and growth.
Managers tend to either not communicate, are very delayed in communications, or beat around the bush. I came across very few managers who spoke directly. This is due to two things, (1) youth and inexperience and (2) less than adequate management/leadership training.
Attitude towards older colleagues
Company values youth.
A lot of Vantiv employees work long hours. Whether they are pushed to do that or are just inefficient workers is to be determined.
Company was once considered a backwater, but growth through acquisition strategy has changed that. Nonetheless, the company has a cut throat and employee unfriendly image now.
Vantiv growth strategy is through merger and acquisition. Company does not value the employees who work for the company being acquired, and they lose a lot of intellectual and industry talent through that strategy.
Suggestions for improvement
- Incorporate a management/leadership training program to improve the quality of management staff.
What I dislike about the company
Company values youth and inexperience and devalues the employees at companies it acquires. Most strategic acquisitions result in the loss of most jobs at the company being acquired, resulting in tremendous loss of intellectual capital and industry knowledge.