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Crane Payment Innovations

Part of Crane NXT

Engaged Employer

Crane Payment Innovations reviews

2.8

44% would recommend to a friend

(298 total reviews)
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Michael Mahan

49% approve of CEO

41% positive business outlook

Crane Payment Innovations has an employee rating of 2.8 out of 5 stars, based on 298 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Crane Payment Innovations employee rating is in line with the average (within 1 standard deviation) for employers within the Manufacturing industry (3.5 stars).

Reviews by job title

298 reviews
2.0
May 18, 2021

Senior Management Mistakes

Recommend
CEO approval
Business Outlook

Pros

The company was built by people who understood the markets and created innovative products that greatly advanced the business mostly during the 1990s and early 2000s.

Cons

The CEO was the 3rd generation of the original owner and senior management mostly consisted of his college friends. They made some good decisions but overall none of them would have elevated higher than middle management in any other corporation. The final death blow that forced the sale to CPI was their purchase of a warehouse full of Chinese ATMs that the company had no core competency to sell and support. Not to mention they entered a 30+ year old declining market. The CEO was forced into a Co-CEO position about a year prior to the sale probably to help guide the family out of a pending financial catastrophe.

1.0
Apr 10, 2021
Recommend
CEO approval
Business Outlook

Pros

It was a decent job and company with great family values and appreciation for its employees then it was acquired be a much larger company that gutted its core values and products.

Cons

Using a pandemic to cut so many good people that staff is over worked and under paid. To make matters worse as things pick up and the business recovers they refuse to rehire the already trained and good employees laid off during the pandemic.

Viewing 55 - 57 of 298 Reviews

Glassdoor has 356 Crane Payment Innovations reviews submitted anonymously by Crane Payment Innovations employees. Read employee reviews and ratings on Glassdoor to decide if Crane Payment Innovations is right for you.