Value Line Sucks Customer Reviews and Feedback

From Everything.Sucks

Value Line, Inc. is an independent investment research and financial publishing firm based in New York City, New York, United States, founded in 1931 by Arnold Bernhard.

A former employee shares his opinion on glassdoor.com, "Avoid Value Line. The technology and executive management are inconsistent, ever-changing requests."

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Current Employee - Director, Statistical Services says

"-Too much internal politics. -Lack of clear vision from management."

Analyst says

"-The pay is EXTREMELY LOW compared to industry standards, especially in Manhattan -Upper management is insular and inaccessible, even though the company is small -Lack of clear goals and guidance from the top -Since many fellow analysts work from home, it is rather difficult to collaborate with others and network -Departments do not effectively coordinate with each other -Few options for career development and advancement"

Former Employee - Anonymous Employee says

"Clueless and avaricious management, inflexibility, and entrenched thievery by long-term cronies make this a revolving door of poor, unmotivated non-performers. A culture of fear and backstabbing combined with low pay and a Dickensian workhouse mentality make this an awful place to work."

Current Employee - Analyst says

"Dead end. Not a long term option"

Former Employee - Anonymous Employee says

"Most of upper management has no morales and do not know how to run a company - No insight of Market needs - No compelling products to meet what users really need or want - Lost everthing to Morningstar - It's a classic on what not to do to grow and retain customers - retain talent - promote and acquire new talent - A waste of time!"

Former Employee - Anonymous Employee says

"The highest levels of management are not only narrow-minded they also have been found guilty of various SEC fraud."

Former Employee - Applications Developer says

"The culture is a culture of corruption. The SEC investigation, although barring the former CEO and another from the industry, fining her $10 million and the company $10 million, missed alot. You have to sign in and out with a time card. There is high turnover, so you are always training someone new. If you are late or have a "messy desk" you can have your pay reduced. Management has some serious issues and the company seems to always being sued, which is why there are never any bonuses. However, the major shareholder donated $400,000 to some research hosptial in Massachusetts. Look up the grants of the Arnold Bernhard Foundation on Guidestar."

Former Employee - Manager says

"Where to begin... rules, rules, more rules... cannot be one minute late 9:01 more than 3x in 3 months or will be docked pay 2% for 6 months, strict dress code, cannot eat at desk, leave any items out on desk including in progress project/work files, picture frame on desk must be company approved, no joke! kitchen closes from 9-11, 3-5 so cannot access coffee or vending machines during those hours, must take lunch between 11-1, expensive and crappy benefits, really bad vacation and sick time policies, zero flexibility, (even during hurricane/snow storms), firings of entire departments at new directors whim, will interview your replacement with your knowledge and even have you train him/her! extremely archaic processes, bad or non-existent business plans and execs have no clue/fear of the future/modern technologies, no chance at competing with companies such as Morningstar and many others going forward... RUN!"

Current Employee - Developer says

"The Product Development and Technology teams are taking one step forward and two steps back. Senior management does not have the skills or insight to revamp this very, very old fashioned company. Company rules are archaic. Factory standards in a high tech environment do not translate. Locking coffee room up from 9-10am is just weird, and so is this company. Politics are vicious and a true path forward is not present. Too little too late for value Line. Loosing customers by the second. I don't blame the customers. Expensive product for something you can almost get for free anywhere on the internet."

Analyst says

"Grossly below average pay. When I worked three, the salaries were paid once a month with minimal annual salary increases. Employees were clocked via building passes going AND leaving so there will be a line at 5pm of staff clocking out. In addition, there were absurd policies such as requirement to wear name tags, no eating at your desks, personal picture frames must be company approved (at least, the firm provided them free for you), etc."

MANAGER OF ACCOUNTING (Former Employee) says

"During the time I worked for Valueline, I was in charge of A/P, A/R, Accountiting, Reporting, and payroll. On the night of 9/11. I was told that I would be fired if I did not show up on 9/12/2001. Post- 9/11, I picked up many checks at the 34th street Post Office, only later, to be told, you are expendable if there is anthrax in the envelopes.Free lunches"

SENIOR ANALYST (Former Employee) says

"Constant rotation of employees, gotcha work culture, management that doesn't care about its employees, and a company that is only worried about its perceived value to potential buyers."

DIRECTOR OF PURCHASING (Former Employee) says

"Arrived at work 7:40 A.M. each day to review the previous day's purchase orders and finish writting the required memos for the CEO. Layed out the day's work. Did a walk around of the floor to see if there were any repairs to be made, garbage removal, that the lunchroom was clean and ready for the start of the day. Rechecked the office supply and toner inventory in the mailroom and placed the necessary orders. Fielded vendor calls throughout the day. Worked with the Advertising Department, I ordered the printed components for the direct mail campaigns, had to follow required schedule. Did all vendor follow ups and met with new vendors. All purchase requests when presented required 3 bids if the request is over $100. Approved all invoices for payment. Made sure that the air and heat systems were working. Replaced toner in the various machinre if the help desk was busy. Did minor office repairs. I was the building contact for repairs and security. Responsible for the purchasing of computer hardware and software. Reported directly to the CEO and VP. I issued all the purchase orders and was a department of one. Attended staff meeting. Orientated all management new hires. Working for a public corporation, I was responsible for the year end reporting working with the stock transfer company; printing the annual report and shareholders statement on schedule.I was trusted and left on my own.No job security."

N/A (Former Employee) says

"Work/Life balance at Value Line is very good. And that's about the extent of pros. As an employee, you are simply one in a group of many. Commitment means nothing to anyone close to a managerial position – you are as disposable as their pens. In fact, they value their pens and paperclips more then their employees."

Application Developer (Former Employee) says

"Valueline, especially for IT, is notthat conducive to growth. IT is a non-revenue generating expense for the company. They especially very strict with work timings of employees"

Manager, Mutual Funds Research (Former Employee) says

"Great experience for little pay; one of the best places to get equity analysis experience under your belt. Then take that experience elsewhere to launch your career.Great work experiencePay used to be really low"

Equities Research Analyst (Former Employee) says

"The Equities Research position provides opportunity for learning the fundamentals of equity research and basic valuation techniques. Level 1 CFA training is given to each analyst. You get to cover various industries and companies and become familiar with how they report earnings and how performance is measured in these industries. You also get an opportunity to construct income-statement financial models and use it to base your written summary for a quarterly report. Outside of those things, not much room for growth and not very challenging work, there is definitely a ceiling. Work from home is a plus. Benefits, not so much."

Lead Sales Representative (Former Employee) says

"Management at least knows what they’re doing... people who are apart of the retail and institutional sales teams are fun and work collaboratively, although there is a bit of competition - that’s a good thing."

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