New CEO doesn't get it - Wants the company to fail? - Anonymous employee VER Employee Review

2.0
28 Sept 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The company used to be great. Home grown by Vince and Scott Dundee due to years and years of hard work and dedication. Employees were treated like gold, so long days and nights were almost enjoyable. Everyone worked together like a team because they were all treated like family and with respect.The previous owners understood the rental industry and with their employees built a monster that was Video Equipment Rentals. Pay rates are competitive for the industry. Full benefits were great (but the new CEO Steve Hankin is working on taking that away from new employees).

Cons

Sadly, the vision that the company once had is all but gone. The love of the company by the employees that still remain there is also gone. The new CEO Steve Hankin has dropped the Video Equipment Rentals name and now wants to go only by VER. He also changed the company logo and color from Blue to Purple. Every chance he gets, Steve Hankin treats the employees at VER like dirt and talks to them like children. No respect is given for the years of service by the employees that built VER as a company. Management now hires outsiders from Amazon and Fedex that have no idea about the industry or how this company was built and maintained. Many of them are not making the grade. The CEO's lack of respect for people and knowledge for the industry is leading to the downfall of VER as a company. Many of the good people have left, with more to come....

Explore other reviews about VER

5.0
5 Dec 2020
Recommend
CEO approval
Business outlook

Pros

Great place for a person to advance and learn a trade, regardless of diplomas.

Cons

The company was sold twice, then it was absorbed by the last buyer. Layoffs followed COVID19.

4.0
19 Aug 2015
Recommend
CEO approval
Business outlook

Pros

What I though I knew about equipment was eclipsed by this place. If you are motivated, you will learn so much about any market you'd like whether it be AV, broadcast, touring, etc. The company is always leading in technology and has enough purchasing power to sway the industry. A majority of the engineers are really bright and motivated to help you. You have all technical resources a phone call or email away. You will speak to more people than you could imagine. If you like to network, you will do well. You will be taught about logistics whether you like it or not. If you thought you were busy, this place will take you to whole new level of prioritizing.

Cons

If you're good at what you do, you will be punished. Moving into new positions be it vertically or horizontally is difficult. As a result burn out is easy in the busier markets. It is more likely that they will hire outside than to tap within. In addition, the human resources is a joke and consequentially the culture of the company is corrupt. There aren't many places to turn if you feel disgruntled, especially with your own management. Speaking of management, most positions of any power seem to be self anointed. The liberation of title is a double edge sword to most. Despite being family business, the nepotism and, more so, the cronyism is still a real thorn in everyone's side. If you thought you were busy, this place will take you to whole new level of prioritizing.

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