Parex Sucks Customer Reviews and Feedback
Parex Bank was a Latvian bank founded in 1992 by Valērijs Kargins and Viktors Krasovickis as a privately owned full-service banking company in Riga, Latvia. Its services were marketed both locally and to international clients in both the West and Russia. It's failure and state takeover was one of the major events of the 2008-2010 Latvian financial crisis crisis in Latvia.
A disappointed customer shared this on Reddit "Parex Bank is the worst bank in history, bad service. They have no answers at all, their employees are not trained for any task. Never go near this place. You will only waste time and money on this. Walk away".
Batch maker (Former Employee) says"Dont ever work here they are way out of osha law unsafe work place and not good place to work just know that because they dont take care of anyone and it's way against osha regulations."
Lab Technician (Former Employee) says"Human resources is the most unprofessional place in America. They do not care about employee relations or work ethics.All about the mighty dollar, with no care for your health."
Lead machine operator (Current Employee) says"It lacks poor mangement only first shift people run it. We get under payed of all of our hard works and ethics can’t seem to appreciate hard work only cares about numbers"
Sales Representative (Former Employee) says"This is by no means a knock on their Anaheim office employees, as they were professional and courteous. However, the management I had for the past 16 months was the worst I've experienced in all my years working. We were up +40% from the previous year and all we heard was how much we sucked! My own district manager kept telling me the other guys, got paid more and didn't bring in the revenue as I did. Set up a scheme for me to get more money then baked when asked for his thoughts on my earnings. Anytime our sales manager would ask for a task to be done, my district manager would undermine him and have us completely blow it off. Not only that, they tried to force me to turn in a letter of resignation because I asked for more money. Upon asking them to change the paperwork because they were terminating me, they lied to unemployment and told them I turned in my 2 weeks notice and resigned. Completely fabricating the entire process to still try and ruin my opportunities.The employees that aren't management are excellent peopleManagement, disloyal, dishonest, lack of promotion/ advancement"
Forklift Operator (Former Employee) says"I would like to say, that the management was fairly decent for the first 3.5 years I had worked at Parex. Although there was some communication issues, everything was not that bad.Then walks in new management. His entrance to Parex brought the depletion of safety, communication, organization and employee moral. Working in this environment for the next year, brought myself, as well as other workers, to go our separate ways. I would not endorse working at this company as long as this type of management is allowed to continue.Fellow co-workers, Company locationLack of organization, Lack of communication, Lack of safety, Lack of concern for employees"
Forklift Operator/Material Handler (Current Employee) says"Employees get no bonuses,only upper management. When upper management walkthrough Warehouse feels like you walking on eggshellsYou receive a checkManagement doesn't care about the workers"
Sales (Current Employee) says"RUN away!!!! This company sucks. Great president; however, the VP is a coward and has no spine! Will never support his people and will only cover his own butt!"
Sales Representative (Former Employee) says"Company profits are dictated on who gets laid off.If company was not making profit margin, sales reps were laid off. President has no idea how to provide a quality product or customer service.PayPresident/CEO"
CSR - Customer Service Representative (Former Employee) says"The Customer Service Department was not structured well and was ran by a very childish individual. However, I have been informed this individual has been fired. Training was a joke. No opportunity in this company. They treated employees like they were disposable. Big turnover. Even the long time employees up and quit because it is such a poorly ran company, from the top down to the bottom.Compensation was decent, healthcare optionsEverything else"
Outside sales representative (Former Employee) says"This company doesn't follow the usual Manufacturer/Distributor/Customer relationship, anyone can buy direct or ship anywhere in the country, so you can be competing with your own company from another state"
Sales Representative (Former Employee) says"Poorly managed company from top down. Management looks at employees as disposable. No respect from upper management.I have nothing else to say but this won't let me continue!!!Lack of supervisionLack of supervision"
Employee (Current Employee) says"Tough place to work but good plant leadership. The work is hard and the summers are hot. It is a dusty environment but is a safe place to work. I like working with my coworkers."
Machine Operator (Current Employee) says"Overall a good company to work for but there is no room to grow. Benefits are good. Management could be better. Hours are decent. Not very good supervision.BenefitsPoor management"
Shipping and Receiving Clerk (Former Employee) says"This place made work feel so chill and chill environment, quality work was always expected. The management changes a lot but they are always very hands on."
Logistics Warehouse Manager (Former Employee) says"Mon through Fri manufacturing and warehousing company. The job was secure as long as you showed up and put forth the effort. Good hours - early morning start and home by 3NoneNone"
Machine Operator (Current Employee) says"its a job not a career. its an ok job but it has too much dust and its not good for your lungs. There safety lunches are ok every other friday but there is way too much favoritism.Safety lunchesFavoritism, raise not enough for work you do."
Western Region Technical Manager (Former Employee) says"Spent majority of time answering the Technical Phone line, and reviewing/updating Technical literature, PDS, specifications for usage, labels & mixing directions, LEEDs data, and other marketing brochures. This included Sales force support, and getting customers the info they need ASAP. Field visits for customer support/product concerns and some field application. Testing of new products would be done as needed. For the most part this was a independent job, Tech Director would give input or follow up on hot items. Tech Dept was spread around the country, Atlanta. TX, NM, Anahiem and there was very good cooperation. Hardest part of the job was when we were on high call volume days with many right now requests, and the first few months when one had too "learn on the fly". This was compounded by 6 different brands across the country, many with different product names. And of course the occasional customer who was in a bind you (or the Dept) could not help them out of. But it was very satisfying on the days that you helped a lot of people and they were truly grateful. It also was interesting talking to people all across the country & other countries specific regional weather issues."
Marketing Administrative Assistant (Former Employee) says"I gave monthly and quarterly reports to sales managers, vice presidents, CEO, and the president. I taught the CRM software to the national sales representatives and was the main help-line for them. I also entered in data into the ERP software system JD Edwards (Oracle). It was a very professional environment. I used multiple software programs including Interactive Reporting, Gateway, JD Edwards (Oracle), Microsoft Power Point, Microsoft Excel, and others. I made presentations in Power Point to multi-million dollar clients using excel to take charts or calculations as needed."
Technical (Current Employee) says"Management has a problem holding on to long time hired staff. They are unprofessional in handling employee issues and feel entitled over everyone else. Work culture is great and most employees are great to talk to.Work Culture, BenefitsManagement"
Jeff Muhlenkort says"ordered 2 packs of 10 20 pieces. I received just 2 pieces. Part number was for 20."
ANDY STEWART says"i hate to give bad review because of courier error but my parts are still not here"
Gary Chitwood says"I paid extra shipping fees for two day shipping, after placing the order they informed me that they didn't have the item in stock and would let me know when it shipped, they said 5 to 7 days before it shipped. I needed the item in a hurry or I wouldn't have paid extra for the two days shipping, to make matters worse they shipped it UPS who doesn't work on Saturdays or Sundays, plus the Monday after they shipped it was a holiday so I didn't receive the item until Tuesday, over a week after I ordered it, by the way, it only traveled a few hundred miles."
CHRIS SCHOFIELD says"Shipment was recalled by sender due to an error on their side. I still don't have it 2 weeks later. Zero notifications from them... I had to call to get an explanation."
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jeremy nicklom says"@Mintgecko Parex $PXT is another one, hard to see why these could be down today."
In The News
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S&P Global Platts reports"Parex, Ecopetrol find light oil at Colombia's Capachos Block"