10. Kraft Heinz Company (NASDAQ: KHC)
> CEO approval rating: 24%
> Employees: 42,000
> Industry: Food manufacturer
Kraft Heinz produces some of the most popular consumer brands in the country, including Kraft, Heinz, Oscar Mayer, Jell-O, Planters, and Lunchables. The company was formed in 2015 as the result of a merger between Kraft Foods Group and H.J Heinz Holding Corporation.
Many employees cite the merger as having had a negative impact on the company’s culture. The merger resulted in numerous layoffs and plant closures across the United States. Employees also commonly complain about the company’s cost cutting measures and their difficulty in maintaining work-life balance. One former employee from Pennsylvania echoed many other complaints by writing “corporate leaders don’t truly respect or care about their employees. They only care about making money off of them.”
The average employee rating of Kraft Heinz is 2.6 stars out of five, tied for the second lowest rating of any U.S. company.
9. Dillard’s (NYSE: DDS)
> Rating: 2.6
> CEO approval rating: 37%
> Employees: 40,000
> Industry: Department stores
Founded in 1938 by William T. Dillard, Dillard’s department store chain has nearly 300 locations across 29 states. Despite going public in 1969, Dillard’s is still something of a family business. Currently, four of CEO Bill Dillard II’s siblings work as company executive officers, and William Dillard III, the CEO’s son, is a senior vice president.
While the Dillard family may be happy with their jobs, the typical Dillard’s employee is not. With a 2.6 job satisfaction rating on Glassdoor, for the fifth consecutive year, Dillard’s ranks among the worst companies to work for. Dissatisfied workers frequently cite unrealistic sales quotas and poor management practices. Not only is employee morale suffering at Dillard’s, but it seems business is as well. In keeping with a nationwide trend among department stores, profits are down. The company posted net income of $269.4 million in its fiscal 2015, down from $331.9 million the previous year.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.