You won't retire here - Anonymous employee Spruce Employee Review

2.0
28 Jan 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Mostly nice, hard-working people to work with.

Cons

Sad story, bleak outlook. Company formed by merger of Clean Power Finance (CA-based) & Kilowatt Financial (MN-based). Not a positive company to work for anymore. Most staff, many of whom were the knowledge base of the company, have either quit or were laid off during the merger (presumably to make the 2 businesses together appear profitable in order to sell or go public). Company is left with a predominantly inexperienced, unknowledgeable group of 20-somethings who make up the worker bees & middle management. Few, if any, remaining employees really know anything about the solar industry. Those who are paying attention do not see the company surviving very long-- just long enough to provide a big payoff to top executives & walking papers to the remaining skeleton crew. You won't retire here.

Explore other reviews about Spruce

5.0
10 Oct 2025
Recommend
CEO approval
Business outlook

Pros

Awesome culture, benefits, and competitive salary

Cons

Good performance is not optional

3.0
4 Feb 2026
Recommend
CEO approval
Business outlook

Pros

On schedule deposits ev ery two weeks

Cons

lower pay for position than industry standard

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