Treasury Wine Estates Reviews | Glassdoor.com.au

Treasury Wine Estates Reviews

Updated 13 November 2018
250 reviews

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3.5
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Treasury Wine Estates Chief Executive Office (CEO) Michael Clarke
Michael Clarke
93 Ratings

250 Employee Reviews

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Pros
  • "Great brands and customer relationships" (in 30 reviews)

  • "Good work/life balance flexibility, but still with a work hard and achieve results attitude" (in 13 reviews)

Cons
  • "Exec/Senior management turnover every 2-3 years" (in 16 reviews)

  • "Work Life balance is constantly challenged" (in 7 reviews)

More Pros and Cons

  1. "brand ambassador"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Treasury Wine Estates full-time

    Pros

    best health insurance, friendly and safe working environment, flexible working hours ( 40 hours a week), 20 days annual leave, national holidays, wine allowance, relocating support.....etc.

    Cons

    heavy working load but manageable

    Treasury Wine Estates Response

    19 Sep 2018 – Human Resources Leadership

    Thank you for the review. We appreciate the feedback and all of your hard work!


  2. Helpful (2)

    "Lost its way"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook

    I worked at Treasury Wine Estates full-time

    Pros

    Wine allowance. Nothing more to say.

    Cons

    Culturally, this was such a great company. The past few years has seen a merry go round of staff changes with some extremely poor choices in leadership for the Company's South Australian operations. Individual opinion and expertise is no longer valued and the senior leadership team has surrounded itself with 'yes' people who have no idea of what they're doing. Such a pity to see what was once a culture that valued and respected individuals destroyed.

    Advice to Management

    Values are so important to building great teams. I saw very little of that. Adopt values and regain the respect of your workforce.

  3. "Treasury"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Southbank
    Former Employee - Anonymous Employee in Southbank
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Treasury Wine Estates full-time (More than a year)

    Pros

    It is a growing business

    Cons

    HR management of the company's growth.


  4. "Great Company If You’re The Right Cultural Fit (Marketing)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing
    Former Employee - Marketing
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Treasury Wine Estates full-time (More than a year)

    Pros

    - Fantastic Marketing department both within the ANZ and Regional teams, level of skill and marketing expertise is exceptional
    - Company is shifting towards being a Marketing led company
    - Lots of growth and development opportunities
    - Strong stable of wine brands
    - Staff discount on wine
    - Flexibility especially for working mothers
    - Impressive investment in formal training and development that all employees can access

    Cons

    - Fast-paced and high pressure environment with new projects cropping up unexpectedly or the goal post changing overnight
    - Lean brand teams
    - Stifling sense of brand ownership from partnering creative agencies who view themselves as the Brand Managers and custodians of the brands
    - A very corporate, nuts-and-bolts FMCG environment with a heavy focus on process, hierarchy and continual cost savings / budget cuts. Not the best environment for those who thrive on creativity

    Advice to Management

    - Keep up with the wonderful focus on formal training and development on offer
    - Align increased expectations with increased marketing budgets


  5. Helpful (1)

    "ISR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Treasury Wine Estates full-time

    Pros

    Good support for Prof Development

    Cons

    There's nothing I've noticed yet


  6. "Fantastic place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Melbourne
    Former Employee - Manager in Melbourne
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Treasury Wine Estates full-time (More than 5 years)

    Pros

    People focus - became more strategic in this area
    CEO is great - solid leadership and turned business around
    Great support and benefits- beautiful locations

    Cons

    Sometimes new employees don't always recognise experience- so remake same mistakes- ( more individual than total business)

    Advice to Management

    Continue on being great!


  7. Helpful (1)

    "Great plan to work, has turned it around over the past 18 months"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Supply Chain Manager in Melbourne
    Current Employee - Supply Chain Manager in Melbourne
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Treasury Wine Estates full-time (More than 5 years)

    Pros

    Focused executive team. Share price has doubled in 12 months. Great Brands, great people, great wines. Exciting few years ahead

    Cons

    Lost their way in the early years post the separation with Fosters and took to long at the top level for this to be realised. It does appear they have learned from their mistakes

    Advice to Management

    Current plan working well, keep up the investiment in people as this will earn you the best returns in the long run

  8. Helpful (5)

    "Prunes"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT in Melbourne
    Former Employee - IT in Melbourne
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Treasury Wine Estates full-time (More than a year)

    Pros

    Fairly good Work life balance, nice portfolio of wines, some lovely people... and some nice offices and vineyards. Struggle to think of any other pro

    Cons

    Management is woeful and reactive. Massive boys club where they pay each other on the back and reward themselves ONLY.
    Secretive and calculative.

    Advice to Management

    Management needs to be rehauled


  9. Helpful (9)

    "Double standards, and a large bullying culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Melbourne
    Former Employee - Anonymous Employee in Melbourne
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Treasury Wine Estates full-time (More than 3 years)

    Pros

    Heavily discounted wine, opportunity to spend time in beautiful wine country, and to work with global brands.

    Cons

    Large bullying culture. People see bad behaviour and do not try to stop it, which is pretty disgraceful. It was like being back at high school.

    There is a disconnect between upper management and general staff. Employees are underpaid and annual performance merit is a slap in the face.

    It's a one of a kind experience to work at TWE as it's a lifestyle career, but you must go in with a thick skin.

    Advice to Management

    Create company values and live them. There was a lot of talk and no action, and little is done for talent retention.


  10. Helpful (2)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Melbourne
    Current Employee - Anonymous Employee in Melbourne
    Recommends
    Positive Outlook

    I have been working at Treasury Wine Estates full-time (More than 5 years)

    Pros

    TWE has a great head office, with open plan and plenty of light. They have greats wIne, brands, location, regions, global reach. CEO has really turned the place around in the last 2 years. Willing to make big changes to chase improvement

    Cons

    Mixed direction in strategy and lots big ideas pitched to the business but often these fall short of the mark. Need to remember that we are a wine business that is at the mercy of the envirnoment to produce high quality fruit

    Advice to Management

    Doing well, much better in the past 12 months. Need to ensure the whole business is aware of and is working towards the same set of priorities.


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