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Hanlon Investment Management

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Hanlon Investment Management Reviews

3.0

45% would recommend to a friend

(44 total reviews)
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Sean Hanlon

40% approve of CEO

44% positive business outlook

Hanlon Investment Management has an employee rating of 3.0 out of 5 stars, based on 44 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Hanlon Investment Management employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

44 reviews
1.0
26 Jan 2016

Horrible company with no business ethics

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The only pro is that there are some good hard working employees.

Cons

The management have their heads in the clouds and know to well how to pass blame onto others and take credit only for the good. The only way to move up in this company is by who you know not experience and knowledge. The company lacks integrity and morals. They make it pretty obvious who they like and dislike. You can't go to HR dept with a concern because confidentially goes out the window. If a complaint is made about department managers to HR, they soon see themselves being let go and escorted out the door. The only good reviews made on here were obviously made by company executives. The proof is the fact that they have alot of good quality workers leaving their company at a high rate. The employee morale there is quite low and most people are only there because they have families to support (not because they love their job). Employees are under appreciated and taken full arvantage of.

1.0
30 Dec 2014

Difficult Work Environment

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-The company is always willing to invest in new technology. -Staff is on the smaller side for a firm, so there aren't many layers to executive management. -Majority of the office space is brand new. -Most of the staff is very hardworking.

Cons

-Management often acts out of paranoia, and it is the subordinates who suffer the worst. -Employees are treated more like machine components than individuals. -Everything is process-driven, with no room for employee feedback. -Communication from upper-level management and even colleagues borders on (if not crosses into) abusive at times. -Systems are actually pretty disorganized, considering the development that goes into them. -Benefits are portrayed as being stellar upon hire, but health coverage is not great, co-pays are very high, and PTO is the lowest I've ever received. -Generally low salaries.

1.0
5 Feb 2015
Recommend
CEO approval
Business outlook

Pros

Hanlon’s major pro is its employees; the majority of the people are kind, professional workers sincerely concerned for the well-being of their customers. Most of the employees will go out of their way to ensure their customers are happy. The benefits of the company are decent, however slightly disproportionate to the level of work put out by the employees. Finally, the building was recently renovated, giving about half of the employees brand new facilities.

Cons

While Hanlon’s employees are relatively efficient workers, Hanlon’s management from the executive level down is responsible for many of the company’s woes. 1. Employees are not appreciated While the employees truly are the heart of Hanlon, they are seen by management as little more than drones set to specific tasks. There is no accounting for an employee’s skills, background, or expertise. Often work is assigned to an employee without the necessary skills to complete the task, while a qualified employee is overlooked. In the rare instance that someone speaks up to management about a topic they have experience in, the suggestions are taken as a plot to “backstab” or “overthrow” the manager, and are thus ignored. Nervous managers repeatedly let suggestions fall to the wayside. Likewise, an employee’s time is not valued. Many of the departmental meetings scheduled are postponed, delayed due to executives arriving late, cancelled, or even forgotten. This lack of regard for the time of employees extends down to even the lowest management levels, where weekly departmental meetings are repeatedly started 10-20 minutes late. Communication between management and employees is almost completely nonexistent. As employees are seen as numbers rather than people, there is no sense of community between management and their workers. Thus, communication concerning the direction of the company, praise for a job well done, and requests for employee feedback come perhaps once a year, if that. For instance, while a large sum of money was spent building an addition onto the building, half of the employees in the older building are still working on folding tables with baskets as filing drawers. There has been no communication, nor initiative, to remedy the working conditions of these employees. Finally, while Hanlon preaches a vow of confidentiality of all customer and employee records, this rule does not seem to apply to its senior executive staff. There have been many occasions when confidential information concerning an employee’s attitude or behavior has circled the office because a senior executive did not adhere to the strictest of confidences. Worse still, emails and chatter between management are overheard and read daily. It is very common to hear senior management refer to an employee, or even an entire department, in a degrading or derogatory fashion. Since many of these statements come from the HR department, employees do not feel they have a representative they can speak to about these breeches of trust. 2. Management is at war with itself A major rift between managers, departments, and senior executives exists within the company. It accounts for many tasks being duplicated, extra work being assigned, and an air of hostility in the office. Stemming from a lack of definition of responsibilities, managers will quarrel amongst themselves for certain tasks when a project is assigned. In addition, there is no accountability for most of the managers in the office. If an error occurs, blame is passed down the ladder, instead of up the ladder. Loyalty within departments is also lacking. Managers feel no loyalty towards their inferiors, and have no problems passing blame to their workers for their own shortcomings. Senior management is especially vindictive, with no clearly defined roles between Hanlon and its sister company. Many tasks are passed around the senior officers until they land on the desk of an unsuspecting associate. This is mainly a result of certain senior officials unnecessarily being involved in aspects of both companies. 3. Lack of lasting career training Employees are given an initial training session at the onset of employment, and indeed the hiring orientation is one of the most detailed I have ever experienced. However, that is the end of the training for the remainder of your career at Hanlon. Unfortunately, attempting to learn new tasks on your own is not only frowned on, it can be potentially harmful. Most of the managers see a curiosity in the inner workings of the company as a threat to their position. Despite the general service attitude of most workers, the everyday atmosphere at Hanlon is one of fear, nervousness, and suspicion due to management quelling the instinctive questioning of the human mind. Procedures are purposely sparse to be sure only certain selected people can be experts on the tasks. Asking to be trained is questioned and met with suspicion. Questions about why a process is done a certain way are ignored, or regarded as an act of insubordination. Knowledge is not shared, nor is it encouraged to be shared.

Viewing 1 - 3 of 44 Reviews

Glassdoor has 46 Hanlon Investment Management reviews submitted anonymously by Hanlon Investment Management employees. Read employee reviews and ratings on Glassdoor to decide if Hanlon Investment Management is right for you.