Amount Reviews

2.9

34% would recommend to a friend

(158 total reviews)
avatar

Adam Hughes

33% approve of CEO

30% positive business outlook

Amount has an employee rating of 2.9 out of 5 stars, based on 158 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Amount employee rating is 25% below average for employers within the Information Technology industry (3.9 stars).

Reviews by job title

158 reviews
1.0
24 Aug 2020
Recommend
CEO approval
Business outlook

Pros

There is a need for the service Amount provides, especially in the era of COVID when more people are digitally banking.

Cons

Leadership is a boys club. They are 99% the same 'leaders' from Avant, and they are all buddies of the founder, Al Goldstein, and not in their roles because they are qualified, experienced executives. There are constant reorganizations that do not make any sense. Pay is low for most, and was cut due to Covid, but leadership will not commit to a plan to raise salaries even though some teams, such as business development, are receiving promotions and raises. There is one woman in a leadership position. ONE. They want to grow rapidly, similar to Avant, so they are continuously hiring with little to no thought on how to structure and organize internal teams. On any given day there may be 10-15 interviews taking place. Amount is a hiring machine with no plan for a good employee experience after coming onboard. Leadership has stated that they do not care about the employee experience, and only the employee work output via emails (CTO to all staff email from February, 2020 email) and follow-up town halls. Lack of diversity. Employees have reported racial bias by both leadership and colleagues.

2.0
27 May 2020

Meh

Recommend
CEO approval
Business outlook

Pros

The business seems to be doing well, ample opportunities for partnering with banks, and success doing so. A few really good people, a few good teams. If you can find a good team you might actually enjoy your work, if you can avoid the drama.

Cons

Almost everything else. Constant reorgs. And despite the frequency, leadership still has no idea how to reorg teams. At best, your manager will tell you leadership is reorg-ing, and you're being moved to another team, and he doesn't have many details on the plan (if there is one). Amount seems to view employees as tools, not humans. Pay is meh. They understandably cut pay because of covid, but they seem to be using it as an opportunity to keep pay lower. In addition, people are given titles and more responsibility without compensation, or without a plan on evaluating comp adjustment. They justify by saying things like, "This other person has been acting as a manger for years without comp." Leadership is 99% the same as avant. Very boy club bro feel. Reviews for Avant are still very relevant. CTO is an angry boy, sends email shaming all of tech for not working hard enough, ending with "Do more." While his intention might have been to motivate, he approached motivation in the worst way possible. Culture is just sad. very political an untrustworthy.

1.0
25 Nov 2023

Definition of Mismanagement

Recommend
CEO approval
Business outlook

Pros

Nothing since 2022. Lots of pros before that do not matter now.

Cons

Back when I joined in 2020, I was surrounded by extremely smart folks. Many of them left to join other organizations or were let go. Entire teams let go after being constantly lied to about profitability. The old group that is around still is mostly just HR and other admin departments and it seems like they have forgotten how to their job. You will not get any support from them. Even if you complain against your manager for rude behavior, nothing will be done, except for maybe a slap on the wrist. All the tech -- which is horrible -- is Linear's. Cannot say enough bad things about their platform. I feel really bad for clients that are getting duped into it. It's a joke. Middle management has no real skill except for being friends with people on the top. Don't believe me? If you get a chance, just look at them fawning over Adam when they clearly know he has no idea what he's up to. It feels funny. You can tell there's a whole different level of sycophancy in Zoom meetings/presentations even when the content and messaging is crap and changes in weeks. Props to the leadership for cultivating that respect for people who have no direction. If you heard of good things about Amount, it was true once upon a time, but constant reorgs, promotions of just a select few and acquiring the wrong company has really set it back. If you are looking for a tech career here, please reconsider. Unless you're getting paid $200k for a Product/tech role for 4-5 years of experience, I would not recommend this place.

Viewing 1 - 3 of 158 Reviews

Glassdoor has 160 Amount reviews submitted anonymously by Amount employees. Read employee reviews and ratings on Glassdoor to decide if Amount is right for you.