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Volt Information Sciences

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4.4% pay sacrificed by all existing employees a few years back - Anonymous employee Volt Information Sciences Employee Review

2.0
Sep 11, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

We were asked under prior CEO leadership to give up 4.4% of our pay to stave off layoffs (we did it for the good of the company). We have sold off multiple companies and put money in the bank. We have sold off real estate investments, and put money in the bank. We have now hired-on massive amounts of back-office staff. It would seem we can afford more.

Cons

Those loyal employees affected have NEVER been repaid our 4.4%, yet both our former leadership teams (per SEC reports) took multiple massive bonuses during their tenure on top of already high $$ pay checks. The 4.4% affected "loyal" employees also never received pay raises for multiple years in a row...so we have given up a lot to save the company

Explore other reviews about Volt Information Sciences

5.0
Aug 1, 2024
Recommend
CEO approval
Business Outlook

Pros

They care about their employees and are very willing to work with you.

Cons

Have to be in the office

3.0
Jun 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Opportunity to meet and work with amazing people and client companies

Cons

They do not match 401k, you need to find your own coverage to use PTO. Operations is always the scapegoat when something goes wrong. Employees in any department that are not sales are undervalued and under compensated. Nepotism is huge at this company. No job security, layoffs every quarter.

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