Sales - Anonymous employee Labsco Employee Review

• Great company culture that is protected • Caring and intelligent management • Awesome co-workers who work as a team • No drama • Great flexibility and work life balance • Average salary • Clean and safe work environment • HSA company contribution • Small company family feel • Wellness campaign started in 2015

• High deductible plan - but I think that's the norm these days (there is a wellness campaign to reduce monthly costs) • 401k matching is under par but will change in 2017 • Company is currently going through acquisition and most leadership members have left (VP and up, so company will now be part of a huge corporation. Cons are layoffs and slower moving, corporate giant / pros are better benefits and resources) • No raise in 3 years - (probably due to process of being acquired) • Starting PTO is 2 weeks no matter how much experience you have or how much vacation you had at previous employer (this will hopefully change in 2017) • Cube farm (cubicles)

I worked at Labsco just after they had been purchased by a Venture Capitalist. The company was good to their employees and provided good benefits, expenses paid, and commissions. The company was transitioning from a small company with a family atmosphere to the feel of a larger cooperation. Management was good at the time I was there but was quickly changing. Sales Reps. were given what they needed to get the job done.

After the take over things were good for about a year and then on a monthly basis, people started loosing their jobs including management. Entire divisions were eliminated which created a lot of fear and low morale among anyone who worked there. Everyone was afraid, even top sales people that they were going to loose their jobs espercially after really good top executives and management were replaced. My division was cut completely but I still kept in touch with other reps I had worked with and heard the job losses and low morale had continued for at least another year.