Bad company, a sweatshop Part of Giesecke+Devrient
Pros
Started to change for better, but changed back
Cons
Giesecke+Devrient, Work for it since called Valid with low wages, benefits and PTO. Then new company purchased and became a little better. But the wages are still low, the annual bonus is a joke, say raises are automatic, but raises small if they give one. Had a Christmas party, Employee Appreciation Day, etc. But changed back. No Christmas party for floor workers, but one for managers and office. The last Employee Appreciation Day the company fired a bunch of us. A few weeks later there were ads for hiring. Insurance high. Have to stand for the entire shift, 10 or 12 hours, sometimes in one spot. Management no clue how to fix and not want to fix. Lost business because of poor management.
