Treasury Wine Estates Reviews | Glassdoor.com.au

Treasury Wine Estates Reviews

Updated 8 August 2018
240 reviews

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3.6
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Treasury Wine Estates Chief Executive Office (CEO) Michael Clarke
Michael Clarke
89 Ratings

240 Employee Reviews

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Pros
  • "Great brands and customer relationships" (in 32 reviews)

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

Cons
  • "Senior management has been a revolving door" (in 16 reviews)

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

More Pros and Cons

  1. 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


  2. "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.

  3. "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


  4. "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!


  5. 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


  6. 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


  7. 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.

  8. 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.


  9. Helpful (1)

    "Good opportunities for high performers"

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

    I have been working at Treasury Wine Estates full-time (More than a year)

    Pros

    Good opportunities for high performers, great brands & product, great people & culture. Very collaborative environment where most people are willing to lend a hand and help out if you need. Some brilliant minds in the business.

    Cons

    Disorganised, many grey areas and lack of direction and process at times. Leadership needs to more more focussed on strategy and less on execution. Could definitely be extracting more value out of employees with clear strategies and direction and better planning.

    Advice to Management

    Use the skill of your people, and allow them to do their thing (within guardrails). There are very clever people in the organisation that would flourish with more autonomy if they had greater direction and clear plans


  10. Helpful (3)

    "TWE " Internal politics""

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

    I worked at Treasury Wine Estates full-time (More than 8 years)

    Pros

    Great brands, good people, hard workers at lower level. Great head office. Penfolds what a brand to have and drink.

    Cons

    CEO and leadership continue to play the political game and leave no prisoners. Could be made redundant at anytime.
    50/50 deal with trebuchet went no where and cost relationships with major customers. All staff lost there STIP if you were on band 4 or less. Continue to dump juice. Wine Tiger going no where. Same old sales managers from Southcorp days that need to be moved on for fresh ideas.
    Penfolds is a separate entity now so something is up. Penfolds is actually 68% of there whole portfolio to the bottom line which means heaps of garbage brands sitting around.
    3.1million in slow moving stock.
    Wolf Blass could be getting sold off.

    Advice to Management

    Export area should be payed double after mess they have been left with from decisions from the leadership team.


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