GAI has fallen off the wagon - Environmental Manager GAI Consultants Employee Review

1.0
May 15, 2018
Recommend
CEO approval
Business outlook

Pros

Lots of good people all over the company still, but most of the best talent has now left in the past 4-5 years. They are flexible with your schedule. The pay is competitive, not great, however you will not get more than cost of living increases, ever so it makes a good stepping stone to a better company. The MBA program is nice, but be careful because they will use the payback obligation to trap you. If you don't mind paying for the whole thing (GAI pays about $10k and so do you up front deducted from your paycheck, you have to pay GAI's $10k if you leave within 5 years of graduation). This USED TO BE a GREAT company. They have sacrificed their values to make a buck.

Cons

They sell the ESOP as being great, but it owns a progressively smaller piece of the company each year because the earnings are given to senior management in the form of stock bonuses. 95% of staff are getting diluted by senior managers in both ESOP and Direct stock. They use the direct stock ownership agreement as a form of entrapment because they will not buy your stock back immediately. They hold onto it for up to 5 years. Same with the ESOP. They use non-compete agreements, the shareholders agreement, the ESOP program, and MBA agreement as forms of contractual obligations to penalize you if you were to ever leave rather than carrots to reward you to stay. They don't use them as incentives like they say they do. Be CAREFUL if you ever go work here because they will use every bit of leverage to try and crush your life if you try to leave. They absolutely DO NOT CARE about you or your family. They care about the dollars in their pockets. They stopped saying they were 'not a bottom line company', so maybe they have enough of a conscience they can't tell that lie anymore. DONT trust these people. DONT sign any agreements with them.

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GAI Consultants Response
8y
Thank you for taking the time to share your thoughts. GAI is currently experiencing unprecedented growth, and we recognize that ongoing achievement requires a commitment to continuous improvement by our company and staff. We encourage engagement and feedback, and firmly believe it helps support this commitment. We absolutely agree that GAI’s people are some of the best in the industry. We want our employees to enjoy long, fruitful careers with GAI, and our increasing success helps fund the ways we invest in their professional growth and reward their contributions. The feedback touched on our Employee Stock Ownership (ESOP), Direct Stock Ownership (DSO), and MBA programs. Like any structured program, these benefits are guided by formal policies, and we seek to be transparent in how our guidelines are communicated. The post-employment buyback of GAI stock from our DSO programs is phased over a period of time to spread out cash flow and help maintain a healthy stock value to the benefit of all GAI stock owners. The ESOP payout is phased in accordance with Employee Retirement Income Security Act (ERISA) guidelines, and any observed dilution of ESOP value is primarily due to the addition of new employees, a function of GAI’s growth. With regard to concerns about our corporate MBA program, GAI covers a portion of each participating employee’s tuition fees, and in return the employee agrees to a 5-year commitment to GAI. Those who leave GAI sooner are indeed required to repay the company’s investment. We hope the degree earned with the help of our MBA program will benefit former GAI employees wherever the future takes them. We hope this helps illustrate how some of GAI’s employee benefit programs work. Thank you again for your feedback, and as GAI grows, we will continue to explore ways to enhance each employee’s life both inside and outside the GAI workplace.

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