Pros
- CEOs and leadership are supportive and kind, really care about work life balance. - Employees are encouraged to speak openly/voice concerns - Good pay and benefits. In my department (claims experience) I’d say pay is very competitive. In some of the tech roles I hear the pay is not super competitive compared to other bigger tech companies. Benefits are very competitive (most health insurance is 100% covered by Lemonade; good PTO, stock options, etc. - Company does a great job of integrating remote work with in person work. I am fully remote, but have video meetings with teammates on a regular basis, including ones just for fun (weekly happy hours with trivia, quarterly events, etc). Supervisors also all have regular virtual open hours so it is easy to get help or get questions answered. - Feedback from all levels is taken seriously, and changes are actually pushed through. For example our product team regularly updates features in our claims app based on feedback from customer-facing roles. - Rapidly growing company with room for growth, emphasis on career development
Cons
- This isn’t per se a negative, more of a “it won’t work for everyone” kind of thing. Since it’s a new and rapidly growing company, there is frequent change in structure, policies, procedures, etc. There is a lot of movement between departments, and a lot of splitting of teams in to smaller teams as they grow. Fairly standard at a start up, but it’s not for everyone. Can be stressful and intense. If you want a work place that will pretty much be the same a year from now, Lemonade may not be for you. - Need more diversity in upper level leadership. Though the company overall is pretty diverse (I do not know specific numbers, so this is just based on my person experience/observations), the highest leadership is still largely white and male. - No pay transparency. We do have pay bands, and I know my own salary is competitive for my position, but it would be great to have better visibility of the hat the pay bands are. This would help when negotiating raises or applying for internal job postings. When I got a promotion, I had to accept the job before knowing what my salary bump would be. Even middle management are not privy to salaries (my direct supervisor did not know my salary or the salary range of my pay band). This may be changing soon though due to some New York regulation changes about pay transparency.