Management needs to take a deeper look at what culture means - Operations Rapyd Employee Review

3.0
26 May 2020
Recommend
CEO approval
Business outlook

Pros

Very engaging work, great colleagues,

Cons

1. An owner's mindset isn't encouraged. A lot of fruitful discussions get closed 'because Arik wants it'. People stop being engaged because of that. 2. The company believes culture is happy hour and photo ops. There isn't a focus on employee welfare; many don't have health insurance 3. Lots of promises and not a lot of follow through. When welfare is brought up, there are promises to do better but nothing gets fixed. 4. The management seem stingy especially when it comes to treating employees fairly. 5. There is a general lack of empathy; others have listed the ask to come into the office during COVID-19, the way people with no childcare feel like their jobs and health are at risk if they don't. No health insurance during COVID-19... 6. Mistakes in hiring are left too long

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Rapyd Response
6y
Thanks for sharing your views and concerns. All Rapyd employees receive the option for health care coverage as a standard benefit for our global workforce. There has been no change in company policy on this due to the COVID situation in terms of insurance coverage. All employees who wish to have it can get coverage. In regards to your comments about culture and work environment - it’s something the company takes very seriously. It's a key reason we are one of the fastest-growing Fintech startups in the world. We constantly check with our teams to understand how they are doing through initiatives from company-wide employee satisfaction surveys, one-on-one conversations with regional HR managers on a quarterly basis, global town-hall meetings with open and anonymous questions and answers, and fireside chats with our global executive team. As a result, the vast majority of our employees are happy to work at Rapyd. In our most recent employee satisfaction survey over 90% of our staff indicated that overall they were happy to work at Rapyd, and 86% said their managers visibly demonstrated a commitment to quality. Despite these great results, we continue improving and launched a mentorship program among many other initiatives to improve satisfaction and overly professionalism. We're sorry to hear that your experience hasn't been as positive as you wished, but thank you for your feedback.

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Cons

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Pros

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