Not a healthy place, and a high likelihood of getting burned - Director of Communications Better Markets Employee Review

1.0
18 Aug 2019
Recommend
CEO approval
Business outlook

Pros

- generous benefits - multiple hardworking subject matter experts who are persuasive spokespeople for the press - provides voice of dissent in a largely dissent-free industry

Cons

I've never left a Glassdoor review before, because the relative anonymity opens the door to something like character assassination. That is a genuine concern. However, my experience w/Better Markets was so surreal and professionally damaging that I feel obligated to offer a heads-up to others who may consider applying there. Also, I communicated these concerns directly, so there are no surprises here. My concerns about Better Markets basically mirror those of the previous employee who left a library of bitter observations in preceding reviews. I have my own specific bad experiences, but I can't waste hours of my life on this site. You can find their review(s) by scrolling back. They seem to have had it worse than me, which is pretty remarkable. Meanwhile, you will note a large - not to say, eyebrow-raisingly large - number of sunshine-y positive reviews here that provide, ahem, balance. I imagine some will follow what I have to say, as well as a rebuttal trying to discredit, by playing fast-and-loose with facts, these observations. Cons: - Absolute power is concentrated in the hands of the boss; there are no senior staff playing any meaningful mitigating role. This is partly a function of the CEO's personality, and partly a function of having essentially one funder. That combination works against accountability. Predictably, the power is used arbitrarily and self-servingly. - The work environment is toxic. The good people are just trying to survive; the bad people are busy backbiting, flattering the CEO, and obstructing. Trying to get vital meetings set, or access to critical documents, or determine what the workflow is to get anything done, or define roles on a project - all nightmares. The excuse offered for these obstacles at Better Markets is that it's a "fast-paced, high-energy" environment. Nonsense. I've worked in several newsrooms where my teams fielded breaking news at breakneck speed. We had to meet multiple, drop-dead deadlines every single day. What passes for "fast-paced, high-energy" here is the refusal to create a working structure beyond the CEO's whims. - On that note, the work environment is the logical outcome of the CEO's management style, which is to resist structures or processes that would limit his power. Without those structures of accountability and professionalism, there's a vacuum that's filled by bullying, flattering, and resistance to accountability. What matters is vying for the CEO's favor. - The biggest con is, regrettably, the personality of the CEO. He is volatile, irritable, and - this in the words of a colleague who applied for my job but sensibly didn't take it - "contentious." Everything you say - no matter how cautiously or diplomatically you phrase it - is subject to responses that range from dismissive to defensive to bizarrely accusatory. I've lived and worked in several countries in Asia and the Middle East, and I've had to overcome plenty of communications barriers through politeness, listening attentively, and measuring my speech. I've never encountered anything like this. It's bizarre. To sum it up, there's just no professionalism at Better Markets. Get enmeshed in it, and you'll find that things that are hallmarks of professionalism in healthy firms - teamwork, accountability, training, well-defined roles, workflows - are either absent or considered signs of dysfunction. If you want to be treated badly and burned for the very skills and traits that other employers will reward you for, you have come to the right place.

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Better Markets Response
6y
I just want to note for the readers that this reviewer will write a post but, when we comment on it telling the real story about their termination, the reviewer deletes the original post which automatically deletes our response. The reviewer then writes a new post even more disconnected from reality. This has been flagged with Glassdoor. I can honestly say the list of terminated employees from our organization is very small. Everyone wanted this employee to be successful and last a long time but had to be terminated after only a few weeks. This reviewer had minimal interaction with the CEO, who was out of the office or otherwise engaged during much of this reviewer's short tenure. Job seekers who are considering a position at Better Markets should take this post with a grain of salt and speak to us directly to get the full picture and decide for themselves.

Explore other reviews about Better Markets

5.0
13 Feb 2023
Recommend
CEO approval
Business outlook

Pros

It was motivating to be part of the Better Markets mission of serving the public interest in banking and financial markets, especially because they have the most influential voice among public advocacy organizations in this space. That clearly was because of their hardworking staff and subject matter experts, one of which I was happy to be for nearly two years. I was able to learn every day from the subject matter experts, other staff, and the CEO about numerous financial regulatory issues and policies as well as what makes effective advocacy. The breadth of issues I was able to cover and opportunities to shape the public dialogue kept me engaged and motivated. If you care about the public interest in the financial industry, this is a great place to work.

Cons

The breadth of issues can be challenging at times, but as I said it is motivating and kept me engaged.

1.0
7 Apr 2025
Recommend
CEO approval
Business outlook

Pros

Great workers with lots of embodied knowledge

Cons

The nonprofit's entire mission and work is entirely compromised by the unnecessarily toxic, authoritarian structure, domineered by a paranoid CEO Fake Glassdoor reviews written in the CEO's voice A quick way to waste time and lose out on other opportunities They almost fired a new employee for taking *days* of paternity leave, ended up firing him several months later. Do yourself a favor and avoid at all costs.

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Better Markets Response
7mo
We take all feedback seriously, but this did not happen. We have never had anyone on staff in a situation like the one described. In fact, we have one Research Associate, and he has been with us for more than four years. Not only has no one been denied/discouraged from taking paternity leave, but many staff members have fully availed themselves of this benefit over the years, which we made more generous this past year. Better Markets is committed to progressive employee policies, including generous sick leave and fully supported paternity and family leave. Rather than making life decisions like employment based on anonymous attacks, we would encourage any prospective employee to review our benefits and speak directly with our team members (who average five years of tenure) to learn more about our mission-driven organization and workplace.
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