ESOP Company Struggling to Adapt to the Digital World - Anonymous employee Lifetouch Employee Review

2.0
13 Jan 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

This company produces products that people want (family portraits).

Cons

As an ESOP (Employee Stock Ownership Company), Lifetouch struggles with making the "great leaps forward" they need to to survive (by means other than acquisition) in the age of digital photography and media. Too many senior-level employees are "lifers" and are concerned more about their cash-out than making the needed investments for the employees less than 20 years there and for the benefit of the company and its customers.

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 June 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 -Outdated Photography equipment.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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