Zoll 401K

[anonymous]

Is it just me, or does this bother anyone else? Why do you think it take like 7 years to fully vest in your 401K at Zoll? This has to be the only company in med devices that won't fully vest their employees' 401K. What a shame! What does this tell you about how this company cares about it's people?

 

[anonymous]

Is it just me, or does this bother anyone else? Why do you think it take like 7 years to fully vest in your 401K at Zoll? This has to be the only company in med devices that won't fully vest their employees' 401K. What a shame! What does this tell you about how this company cares about it's people?

It tells you they know that the odds say you'll be gone in 2 to 3 years

 

[anonymous]

Is the 40% yearly attrition accurate? That's far higher than the average device company. Are the reps leaving on their own or are they being managed out or fired? Thx.

 

[anonymous]

Is the 40% yearly attrition accurate? That's far higher than the average device company. Are the reps leaving on their own or are they being managed out or fired? Thx.

All of the above. Quitting, micromanage to death, and fired. What ever method gets its done for em.

 

[anonymous]

Ha, the downfall of being vested is that its almost impossible to attain quota and now been here so long its really hard to explain to recruiters.

 

[anonymous]

I MADE YOUR QUOTA VERY ATTAINABLE!! Please stop complaining

 

[anonymous]

How are their other benefits… PTO, health and dental, company car, etc.…?

 

[anonymous]

How are their other benefits… PTO, health and dental, company car, etc.…?

They are earned, not given to me. But when held over your head or used to threaten, then they become worthless, because it makes people not want to be here. You don't give me a paycheck, I earn it. I give you my skills and time to grow your business, and in turn you pay me. Now go figure out another way to screw us on the commission plan by controlling inventory, fittings, and PSRs....

 

[anonymous]

How are their other benefits… PTO, health and dental, company car, etc.…?

Very average for the industry. Certainly not top tier compared to big device or pharma companies

 

[anonymous]

How are their other benefits… PTO, health and dental, company car, etc.…?

PTO is generous compared to past jobs, medical and dental is average to less than average, no company car but $300 every 2 weeks for car allowance.

 

[anonymous]

I MADE YOUR QUOTA VERY ATTAINABLE!! Please stop complaining

This person is correct. I'm very happy

 

[anonymous]

This person is correct. I'm very happy

You must be 1 year or less with the company, because nobody here is happy.

 

[anonymous]

SO glad I stopped working while I wait to give my notice. Worst stop in my career. Later.

 

[anonymous]

SO glad I stopped working while I wait to give my notice. Worst stop in my career. Later.

Did you get PIP'D?

 

[anonymous]

No, i was fired on the spot for hanging in mens room looking for man meat.

 

[anonymous]

Is the 40% yearly attrition accurate? That's far higher than the average device company. Are the reps leaving on their own or are they being managed out or fired? Thx.

40%? Who told you that? Within Two years 70% of sales force is gone! At every national meeting nobody knows who the hell the're talking to!!

 

[anonymous]

SO glad I stopped working while I wait to give my notice. Worst stop in my career. Later.

Second smartest person in company!!! Smartest person is the one who uses ZOLL as a second job and sucks the money out of JWs wallet!!! Just like how Zoll sucked the life out of thousands of eager and willing sales people!!!

 

[anonymous]

40%? Who told you that? Within Two years 70% of sales force is gone! At every national meeting nobody knows who the hell the're talking to!!

Turnover is the highest in the industry. I didn't believe it at first because I always performed above expectations. Things quickly started to go down hill with few options to address the revenue woes. Large companies like Zoll typically value their employees and provide full vesting immediately. Zoll expects the turnover to continue. Hence, the vesting plan speaks volumes about their outlook on the situation. The culture at the top won't allow things to change.

I can honestly say I love the product, but despise the mindset of senior leadership.