The company was thriving, the original CEO retired, and they brought in a new CEO and within 1 year it all went down. You weren’t allowed to talk to the new CEO or email him unless you were on an approved list (no joke,) he did not believe in an open-door policy. After being hired he brought in all the new upper management at very high salaries, they brought nothing new or innovative to the table. In fact, they also let people go who were responsible for their tremendous growth. The budget then became maxed, they couldn't afford raises or hire reps to stock stores. They eventually lost accounts because of sales, can’t sale a product if you don’t have the product available at the store level. This turned into layoffs, people quitting, and we were not allowed to replace employees, this put more work on current employees. I'm sure retails needed to be raised, as I'm sure costs went up but on some of the products it went up 60%.
I understand benefits are expensive, but they don’t contribute. They will only contribute to the employee; the family or spouse plans are the highest I’ve ever seen. $10,000 deductible and almost $900 monthly premium.
The Capital Company eventually let the CEO go along with all those new upper management hires, they brought back the original CEO along with his old leadership. I hope they can turn it back around.
