Nerac, Inc. Reviews

2.6

20% would recommend to a friend

(26 total reviews)

Kevin Bouley

38% approve of CEO

21% positive business outlook

Nerac, Inc. has an employee rating of 2.6 out of 5 stars, based on 26 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Nerac, Inc. employee rating is 26% below average for employers within the Transportation and logistics industry (3.5 stars).

Reviews by job title

26 reviews
1.0
9 Aug 2011

A needless tragedy.

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Many employees work from home, allowing for an excellent work/life balance. The client work can be interesting and the peer working group is highly intelligent and hard-working.

Cons

The Somali government is better run than this organization. The hubris of the laughably inexperienced upper management team, especially the CEO, has brought the company to its knees. They have n-e-v-e-r worked anywhere else and thus have no means of understanding the client side of the business or how to lead a staff that is, by and large, more accomplished and accredited than they are. It is a flat organization in which there are the chosen few at the top and the many doers on the bottom, with no opportunity for advancement or professional growth. In fact, there are no performance reviews, merit increases or bonuses. Furloughs and salary cuts (some over 30%) have been the order of the day for the last two years. Business has been declining for the past several years and the message has consistently been that the blame falls upon the shoulders of the scores of talented ex-employees who were unable to execute the latest foolproof offering from the Strategy of the Month Club. It is a place in which very good people are treated very poorly. I would heartily recommend many of my former colleagues as I found them to be diligent, bright and personable. That said, I cannot recommend this organization as a place of employment to anyone.

1.0
3 June 2011
Recommend
CEO approval
Business outlook

Pros

* Very smart people (analysts) * Interesting projects * Flexible work hours * The option to work from home * Good vacation and sick leave benefits * Onsite exercise facility * Free coffee * Bagel day I worked at Nerac for about 3 years. During the first half of my employment period, I really enjoyed working at Nerac. The other analysts were very smart and interesting to be around. They were fun to work with. I looked forward to seeing them every day.

Cons

After about six months into my employment at Nerac, the company started a transition into a new business model. Initially, I was very excited, but it soon became clear that there were serious problems. Numerous people were fired. The company started losing money. Analyst were put into difficult circumstances. It became impossible for analysts to meet performance objectives. Analysts were unfairly graded. A large number of analysts were laid off in 2007. The new business model was failing. The management at Nerac blamed the analysts and sales staff for all failures and the lackluster financial performance. The firings and staff reductions continued. Conditions worsened. I witnessed the careers of many analysts being sacrificed for the ambitions of a short sighted management. A tremendous amount of talent was wasted. It simply became too painful to work there and I left the company. The company is still in a downward spiral and I do not believe it will survive for much longer.

Viewing 1 - 3 of 26 Reviews

Glassdoor has 27 Nerac, Inc. reviews submitted anonymously by Nerac, Inc. employees. Read employee reviews and ratings on Glassdoor to decide if Nerac, Inc. is right for you.