R&D - Anonymous employee Xerium Employee Review

1.0
28 Nov 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

It was a great place to work for. Lots of freedom and independent thinking.

Cons

C-level folks flipped this company like what happened in the housing market from 2000-2007 or so and now they are stuck with $600+M in debt. Free Cash flow is everything, but at what cost. Mid-level management bears the brunt. If you are at floor level, get paid pennies.

Explore other reviews about Xerium

4.0
25 Jul 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

It is a very stable company and people work long years with satisfaction

Cons

Small company . Upward movement is limited and

3.0
8 Jan 2012
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Information sharing and benchmarking across the globe was pretty good, but could have been better. Able to make changes and feel like you're making a difference. Nice people in the company. Plant I was at had a family feel to it. CEO has set a good direction. Strategy for growing the business is to develop new products and reduce "trapped cash".

Cons

Upper management shifts, company let go of some good people and some people left because they were underpaid, myself included. No rewards for a job well done at the plant level, but upper management gets all the reward and glory. Not enough information sharing. Some plants are miles ahead of others.

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