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Abacus Technologies

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Abacus Technologies Reviews

2.7

39% would recommend to a friend

(48 total reviews)

Dave MacDougall

53% approve of CEO

41% positive business outlook

Abacus Technologies has an employee rating of 2.7 out of 5 stars, based on 48 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Abacus Technologies employee rating is 22% below average for employers within the Manufacturing industry (3.5 stars).

Reviews by job title

48 reviews
5.0
1 Oct 2015
Recommend
CEO approval
Business outlook

Pros

I have been an employee at Abacus Technologies for the better part of 8 years. I began as a sales assistant/shipping dept. and a year later became a sales executive, am now a senior sales executive. Like any sales position, some months are more lucrative than others and some more stressful than others but months become more predictable as the sales rep and accounts become more seasoned. Part of that can be attributed to repeat business coming in from customers, additional rapport and trust being built, comfort levels that come with familiarity and a job well done time and time again. Abacus is a fantastic company to work for. The base salary pays well and sales reps are compensated additionally via a generous commission plan which fluctuates depending on the Gross profit shipped the previous month. The better you do as an account executive, the more you will make the following month. There are also opportunities to give yourself a salary raise contingent upon Gross profit goals being met. In addition, there are sales contests which allow for some extra pocket money throughout the month which is always appreciated and keeps sales reps focused on daily numbers. Abacus has paid holidays, 401k (the company matches 100% of a generous percentage- double previous companies I've worked for) and health insurance. I've enjoyed my coworkers throughout the years- everyone gets along well for the most part. Salespeople are grouped into teams, each with a manager that they answer to but that manager has the same job that they all do so it's more like a "mentor". Each salesperson is responsible for meeting their own individual quotas which are agreed upon by the salesperson and manager. In my experience, salespeople who do what they are asked to do, and follow the "system" laid out for them and are consistent in their efforts, are almost 100% of the time successful and the company supports those who are on the right track or on their way there. Once you reach your "flow" and find your system that allows for you to achieve all that is expected, this is an extremely rewarding job. All in all, I think very highly of Abacus Tech and would highly recommend to motivated individuals with a passion to make money.

Cons

Because a book of business isn't handed to you, and you have to build your own (contacts are provided but not "accounts"), it takes a while (a year or so) to reach the point where you're shipping the gross profit monthly that a seasoned sales rep should be shipping but each month is an upward slope towards that point and the team managers help to keep you on track and hit your goals. Sales techniques can be learned and mastered as you go. There are some years I've made $125K and others where I was at $80k+. It does take a year or two to get to that point but once you do, it's just maintenance and continued hard work. . There are rules/regulations that all employees must adhere to- for example: PTO requests and daily end of day reports must be submitted formally via an intranet site in addition to support requests. All call log activities must be logged into the company system, etc. The corporate system took a little getting used to for me and was a bit annoying at first but once it clicked, it became second nature, seamless and allows things to run more smoothly and efficiently in the long run throughout the company- everything is easily trackable via the system and can be referred to. . If you don't follow directions well, aren't great at juggling several things at a time when needed, or holding yourself personally accountable, this probably isn't the best career for you.

1.0
22 Feb 2017
Recommend
CEO approval
Business outlook

Pros

They start you with a decent starting salary and the promise of health benefits. Keep reading because anything possible stops here..................

Cons

Well first of all they treat their employees like dirt, and their customers even worse. They lie and cheat their customers regarding pricing and availability and then you are supposed to keep them engaged so they don't cancel the order. The nice salary they offer you is soon gone when you can't meet their quota guidelines. You can't meet the quota because the management aka the ownership already has the good accounts and you are expected to make something with dog accounts that have been called and pestered to death. And those health benefits they promise you, well they have to be the worst health care coverage(and most expensive) I've ever seen in my life. Did I mention they treat their employees worse than a dog?

avatar
Abacus Technologies Response
8y
Looks like my job is done, "the ownership has all the good accounts"! Our new employees build brand new relationships and help new customers daily. I can honestly say that I have never seen such a dedicated, loyal, loving, determined and customer focused team in my 17 plus years in HR. I believe I speak for everyone at Abacus when I say that we all LOVE our dogs and animals. We wish you the very best in life. Regards, Patrick Kunzi HR Director Abacus PS: Smile more often, it’s contagious :)
1.0
3 Nov 2015
Recommend
CEO approval
Business outlook

Pros

Decent starting salary. Some good people. They also had new updated equipment for the office.

Cons

UN-ethical. I was told to lie to the customers, and tell them we had stock when we did not stock parts. They are strictly a broker. There was also a ton of talking behind peoples back going on by the manager and others. The list of contacts they give you to cold call is large, but 98% of them have nothing to do with or use any electronic components.

avatar
Abacus Technologies Response
8y
We have a 90% retention rate after 6 months, strong benefits, and a franchised training program. Our employees are incentivized with high salaries and are not expected to ship for 90 days. Yes, our salaries will fluctuate based on performance AFTER 90 days; as your salary goes down, so does your quota and as it goes back up, your quota goes up as well. Not a new concept, it’s sales! Our job isn’t to motivate you, we are not your life coach! We are looking for hard working, hungry, passionate, honest, driven employees. If you are willing to put in the work, we will all pitch in and help you! Put your customers first, be transparent and they will be lifelong customers. Abacus is a fantastic place to work! All the best, not sure sales is your calling. Regards, Patrick Kunzi HR Director Abacus
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Glassdoor has 48 Abacus Technologies reviews submitted anonymously by Abacus Technologies employees. Read employee reviews and ratings on Glassdoor to decide if Abacus Technologies is right for you.