ESOP company is an industry leader - Anonymous employee Lifetouch Employee Review

4.0
17 Jul 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Lifetouch is an ESOP company, which means the employees own the organization. 20%+ of your annual compensation is put into stock. When you leave, your vested portion is given to you. Example: Make $30,000 this year, and you'll get about $6,000 in stock. After you are fully vested (7 years), that money is now yours. Unless I am offered a job with compensation about 25% what I currently earn, there is no reason to leave. We have a performance culture. You must perform at a high level or your job will be at risk. The peers with whom I work are kind, and there is premium placed on EQ. No high drama in meetings, just a commitment to get moving and get work done. I rated compensation as five stars assuming you are full-time. For seasonal workers, that star rating would be lower. Work/Life balance is tricky. In "the season" there is no balance -- it's all work. In off seasons, it's easy to find time to vacation, etc. We also work with institutions we are proud to help -- schools and churches.

Cons

The picture industry is changing, and there is stress associated with that. There is an inherent instability in the workforce when you can not be sure about if you will have long-term future or whether your position will be eliminated in the next round of budget planning. Our company is seasonal, which means that many positions are not year-round. Difficult to make a career out of a part-time job.

Explore other reviews about Lifetouch

5.0
12 May 2026
Recommend
CEO approval
Business outlook

Pros

The culture at Lifetouch is truly unbeatable. The company and it's employees are very passionate about what we do as a whole. Good work/life balance.

Cons

I do feel as though we could look at more ways for people to grow in their career here at Lifetouch.

1.0
25 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great Sales Team. Remote based position.

Cons

-Losing out to competitors has become acceptable or business as usual. -Management has become out of touch with what is going on in the field. -Outdated Photography equipment. -There is constant turnover with photographers. Difficult to keep good people when they are not paid well & have no structure. -Company is very reactionary. Making cuts seems to always be their answer to solve low profits.

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