SPBS Reviews

2.6

28% would recommend to a friend

(22 total reviews)

Richard Fischenich

49% approve of CEO

24% positive business outlook

SPBS has an employee rating of 2.6 out of 5 stars, based on 22 company reviews on Glassdoor which indicates that most employees have an average working experience there. The SPBS employee rating is 24% below average for employers within the Healthcare industry (3.4 stars).

Reviews by job title

22 reviews
1.0
23 Apr 2019

High Turnover and False Impressions

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A few people last long enough to benefit from employee ownership

Cons

Turnover is very high. Don’t be sold on the ESOP. Few people last long enough to become vested. If you leave by choice, use all of your vacation time before resigning. If you leave by choice, they won’t pay you for unused vacation unless you give 4 weeks notice (unless they made a recent change).

1.0
25 Jan 2021

HIGH EMPLOYEE TURNOVER

Recommend
CEO approval
Business outlook

Pros

Good place to get your foot in the Biomed field

Cons

i was worked there for more than a year. I was disappointed that they did not counter offer. They would rather replace you than to train you or pay you more, even when you get great reviews from clients. They mislead a lot of the clients with what kind of service they are getting. They try to sell you on the Employee own part of it but it is not worth it when you cant even move up in the company. There's no training opportunities at all. There was no communication at all. It is frowned upon to go over hours when you travel about 100% of the time,

1.0
18 Mar 2019

Not a good culture

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Not too much positive here.

Cons

Very toxic culture. No reward. Is an ESOP and only one person getting wealthy. Massive turnover in staff and management. Mostly because of 1 person.

avatar
SPBS Response
7y
We are unsure what you mean when you stated "no reward", however, we encourage you to contact the HR department for clarification. SPBS provides numerous benefits to its employee-owners. In addition to the health and commuter benefits, SPBS is a 100% employee-owned company. Your comment suggests a misunderstanding of how an ESOP plan works. In summary, there are protections against a single employee becoming wealthy through this program - monitored by both the IRS and DOL. We encourage our employee-owners to become well educated on the program through internal and external resources to prevent these misunderstandings. Turnover is an unfortunate, yet unavoidable, occurrence in many companies within our industry with the low unemployment rate. Our turnover is closely monitored and we have made significant efforts in culture and incentive to combat the declining candidate pool.
Viewing 1 - 3 of 22 Reviews

Glassdoor has 23 SPBS reviews submitted anonymously by SPBS employees. Read employee reviews and ratings on Glassdoor to decide if SPBS is right for you.