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PLI (Plasticard - Locktech International)

Is this your company?

Leadership and HR have a nice story - Anonymous employee PLI (Plasticard - Locktech International) Employee Review

1.0
Apr 15, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Company came to Las Vegas in January of 2015 when they acquired the LV production facility from CPI Card Group. They kept/re-hired about 265 employees out of about 325; in essence saving those jobs. PLI then invested $5 million dollars into upgrading the LV equipment. Peter Krauss (CEO) has a public speaking talent.

Cons

Many of the jobs here are $11 to $12/hr positions. The company constantly promotes 'employee owned' to new employees, but it takes years to actually get 'ownership shares'. Pay increases are few and far between. No 401k matching. Medical is very expensive if you have a family.

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PLI (Plasticard - Locktech International) Response
10y
PLI was pleased and excited to bring the Las Vegas plant in to the our corporate family and that so many employees were able to keep working. We take pride in how the Las Vegas plant has grown and evolved over the past year, but it is, as with everything, is work in progress. We will continue to forge a path for the Las Vegas plant with the foundation of our company mission statement. Yes, we preach ESOP to potential employees! It's amazing that we can offer a stake in the company to ALL of our employees. You don't invest a single penny into your ESOP, you only have to show up and do your job the best way you know how. That's all PLI asks of you. 401Ks are great, and we encourage people to use those as well, but if you look at the current numbers, our ESOP is a great return on OUR investment. We are sorry that you have to do a little time before you are 100% vested, but as you know, 401Ks work the same way. You should contact HR immediately so they can help you better understand ESOP and it's potential. Also, it has been stated many times in many meetings that if you feel you deserve a raise, and do not agree with the response that your immediate supervisor has provided you, please go to HR or even the CEO, Peter Krauss, himself. We want to know. As for insurance, PLI pays a large amount of the premium for our employees but has very little control over what non-employees under our plans pay. If you are having difficulty with this, please speak to HR immediately. Our employees are our biggest asset please reach out to HR so PLI can address all of your concerns. We need a happy, healthy group of employees....including YOU!

Explore other reviews about PLI (Plasticard - Locktech International)

5.0
Jun 11, 2024
Recommend
CEO approval
Business Outlook

Pros

Room for growth Nice people to work with Good management Rehire often

Cons

Commute for me was long Occasionally understaffed High stress

4.0
Jul 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Good benefits and willing to work with your schedule

Cons

Pay isn’t so good compared to others companys

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