Room for Improvement - Anonymous employee Enerpac Tool Group Employee Review

Thank you for your review and sharing your feedback. We certainly have been undergoing significant change at Enerpac Tool Group, and this change has produced exceptionally strong results for the company and our employees, as evidenced through a strong bonus payout (reaching a near maximum payout in the most recently completed fiscal year), above average merit increases, and investment in areas that support employee development. We have also seen significant improvements in employee engagement scores year-over-year. We think our colleagues are great as well! We are proud of our team members and the work they do, and their tenure and knowledge is highly valued. As we work through our transformation, there is never a goal for employees to do more with less but we always have a goal to be better, easier, and simpler to do business with, internally and externally. We want to leverage technology, improve our processes, and get them to a sustainable and more efficient state. We focus on continuous improvement here at Enerpac, and we always look forward to working with colleagues who embrace this approach. For our HQ move to downtown Milwaukee, this is a very exciting venture for our company. The move will offer our employees a dynamic and inspiring workplace to spur strong collaboration and drive innovation. We do not plan on utilizing a boat dock, and obviously our little joke in the townhall on that topic fell flat with some people; for that, we apologize. Other exciting and important items to note about our move are that we are paying for covered downtown parking for all of our employees and we have designed our new space to include our on-site fitness facility staffed by our current in-house trainer – all complimentary to our employees. The building itself also has access to many more restaurants and cultural amenities than we currently have today. As always, please feel free to raise any concerns or ideas with your manager or HR as well. We can only get better at meeting our employees’ needs if we listen and produce solutions together. Thanks again for the feedback, we appreciate it!