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Georgia Pacific / False Reporting

1 133 PeachtreeAtlanta, GA, United States Review updated:
Contact information:
Phone: 404 652-4000

Georgia Pacific indoctrinates it's employees with a Market Based Management (MBM) program which is designed to keep the communication to external agencies consistent. The guiding principles of MBM are
that the company acts with integrity by conducting all affairs lawfully, strives for compliance 100% and that
the organization acts with humility and respect. If an external agency were to ask any questions regarding the actual behavior of the company, the employee is trained to respond with the mantras of the MBM program.

My experience as an employee inside GP is that the company routinely acts outside the boundaries of Generally
Accepted Accounting Principles (GAAP) and the rulings of the Federal Accounting Standards Board (FASB).
The company is short-term managed by executive level employees who are trained in production and have little accounting knowledge, but have the authority to manage the accounting of the books to achieve their financial metrics. As a corporate controller with 15+ years of disciplined accounting practice and education I was surprised that a corporation as large as Georgia Pacific could actively create their own accounting policies and procedures which are not consistent with GAAP/FASB but are developed so the company can report higher earnings.

As I reviewed the books of the company and discovered the obvious accounting errors, I documented the problems and quantified the magnitude of the required adjustments. I reported the errors to the General Manager and the Regional Controller of the company. My expectation was that the errors would be reviewed and corrected with large unfavorable journal entries.

The company made the decision that it did not want to take the financial hit and made the decision to fast track me out of the company. The GM and the Regional Controller began a rapid campaign to document me out of the company by making false claims against by character and performance which were completely unfounded. I was fired within weeks of reporting the accounting abnormalities. I have discovered that I was the fourth controller in five years to be fired from this same Georgia Pacific location. All of the preceeding Controllers left under a dark cloud and were accused of not following the company policies & procedures.

In addition to firing me without cause, the company short paid my vacation and terminated my benefits immediately. The company offered COBRA to me three weeks after I was fired and after all my medical, dental and life insurance had been terminated. The doctor and dental offices cancelled my wife's appointments and have refused to set new appointments without a cash down payment. The COBRA premium of $950 per month
was already past due when I received the application notice. GP also has set up a medical savings account which is funded fromthe employee paycheck as automatic withdrawls. The fund expires at the end of the year and the company takes all the money deposited in the account which was not used by the employee.

In short, I am writing this complaint to any perspective applicant to Georgia Pacific. The company treats it's
employee's with no humanity. The corporate decisions favor the bottom line of the company at the expense of the employee. Promised bonus's are not paid, vacations are not paid for and the company requires that the managers work 60-80 hours per week (including Saturdays and some Sundays). Executive Managers down grade the peformance of the middle managers so that they can get a larger piece of the tiny bonus pool.
The company routinely broadcasts plant closings and layoff's and creates an atomoshere of fear and intimidation which is used by executive management to get more days and hours of work from the middle management. The executive managers encourage lower level managers to report against their middle managers.

I would not recommend to anyone to waste their time and effort working for Georgia Pacific.

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Comments

  • It
      30th of Sep, 2010
    +2 Votes

    I worked for GP and know about the MBM which I always called it a joke. GP does not oe ever did care about it's employees.
    The sales force is all intemedated and scared of their jobs. I work fo GP for 15 years. I had received an offer from a competeting company but before I gave them my resognation I got hurt on the job. I filled for workers' comp and won a large settlement and GP also wanted my resignation which also cost them a large dollar amount. They did not want me back and the feeling was mutual. If they only knew I would have gladly resigned for nothing.

    However, I was injured and became disabled so GP pay all my shrt term disability and MetLIfe is now paying me long term disability. GP and Metlife are both let's say less then fair or honest.

    I am on SSDI until I turn 62 then on SS. But I am very happy that I don't ever have to deal then GP and it's lying managers. This statement is that during a hearing at workers' comp. the fist thing out of my supervisors words was a lie that was rebuted by another former GP employee.

  • It
      1st of Feb, 2011
    +2 Votes

    A company that is going down...I think they will be cut up and sold. Management are self important [censor]s.
    Their business aqument is that of a Jack [censor]. They are insane. They keep doing the same thing over and over and expect a different results. Charles Kock either don't care about waisting money or he is to old to see he as alhiemeirs.

    GP LLC is down to the count. As a distribututor I stop buying from these idiots.

  • Ex
      4th of Apr, 2011
    +2 Votes

    Georgia-Pacific does not care about people and does not care about Market Based Management. Integrity? No. Respect? No. Humility? Are you kidding, GP management thinks it means to humiliate and intimidate those below them...and they do that very well. If you appreciate your sanity and happiness, then I would advise anyone to not work for nor work with Georgia-Pacific.

  • Li
      8th of Aug, 2012
    +2 Votes

    If can avoid working for GP or deal with them as a customer know one thing. They will screw you sooner or later.
    Unethical is an understatement. The MBM-Market Based Management is a philosophy that looks good in writing by in applied reality is a joke! It's like Karl Marx book on communism. It works in the book but not in reality!
    GP management are the Peter principle. Only the crap rise to the top. Never trust them with anything.
    As a former GP employee the best day I had is when I no long had any ties with the idiot managers at GP. Their self importance is evident. As a distributor be ware they are snakes in the grass. They will take your GP customers and give them to other distributors that think like them. I know their paper business has declined by half.

  • Ne
      12th of Apr, 2013
    +1 Votes

    I am an engineer, just left the company after five years. I did not get a penny raise in five years. NO bonus, NO nothing. I spend three days travelling every week and put in at least 50 hours of work every week. I never had any training except for the MBM.
    I will discourage any one from working for Georgia Pacific except if you are starving even then i will think twice.

  • Ki
      28th of May, 2013
    -1 Votes

    I worked for gp in 1984 to 1988. I worked as an Auditor and loved it. It's because I was young at heart though. I'm looking for old friends/associates that may know me that worked at the distribution centers or at head quarters.. I just want to say hi, or facebook me or whatever! My name is Kirona. If you ever heard of my name you will never forget me.

    Thanks
    Kirona

  • Da
      8th of Dec, 2013
    +1 Votes

    Georgia Pacific bought out the company I worked for. Years later GP was bought by Koch Ind. The working conditions got steadily worse with constant threats, intimidation, deterioration of all benefits, ie, ins., holidays, premium pay, profit sharing, and wage gains. The management encouraged worker to worker disharmony and was markedly anti-Union in sentiment and action.
    I retired after 24 years there and was never so happy to have a life change. I pity my coworkers still needlessly suffering the humiliation necessary to keep good paying employment. The Company as a whole has sees no value in its employees.
    Happily retired in Oregon

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