TB&R, LLC? Maybe in business for over 100 years is too long! - Acct Executive Tabb Brockenbrough & Ragland Employee Review

Owners are actively invested and involved in the day-to-day operations. There is a true feeling among employees of "teamwork" to make things happen for our clients to help them be successful in their business. The working conditions, benefits program and management accessibility are all top-notch for a privately-owned company.

TB&R is a privately-owned, local agency. It's not always possible to complete with the national brokers and banks on extremely large accounts, and that fact holds the company back at times. The resources are more limited in a small company, and there are less dollars for education when it is still very important.

For many years, TB&R had a reputation of strength, reliability and stability. For this reason, I wanted to work there and be part of the agency. Benefits offered were flex-time work schedules, summer hours (one Friday afternoon off each month), reasonably priced health insurance and regular cost of living raises. We had company picnics and cookouts - morale was excellent.

In 2008, after the owners moved the business to a bigger, newer building with much higher rent, everything changed! In 2009, we all took a pay cut, lost our flex-time and summer hours. There were no raises to off-set the rising cost of our health insurance. The new CFO (at the owner's direction, I'm sure) even cut out the cookouts. Now, we've been sold to new owners from out of Ohio, and over 10% of the workforce (most of us over 55 yrs old - some over 60 with more than 30 yrs with the company) have been laid off or let go. The owners became rich as of July 25, but many of us are now unemployed.