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WebAssign

Acquired by Cengage

Is this your company?

Senior management is destroying the founder's legacy - Anonymous employee WebAssign Employee Review

1.0
17 Sept 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great location. Open office space. Nice cafe. Reasonable work hours. Matching 401K.

Cons

Our founder was a visionary and he created a product that was ahead of its time. He was a professor and he understood the problems that teachers face every day. Under his leadership, WebAssign prospered and grew. Since his departure several years ago, the new CEO has stifled innovation, disappointed our customers, angered our partners and generally made a mess of things. The CEO and most of the executives don't understand educators and therefore they have no vision. The results of their ineptitude is 3+ years of going in circles with no progress. Employees are leaving in record numbers. We have over 15 openings at the moment. Our largest publisher which generates most of our revenue is weary of our incompetence and they have decided to use a different product in 2016.

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WebAssign Response
10y
Thank you for posting your company review. You are clearly very passionate about WebAssign and the education industry. I would like to provide some counter points to your statements. Our founder, John Risley, was definitely a visionary and a passionate educator. He saw a need in the market and created a product to address that need. He also readily admitted that he did not have the business experience to progress the company from a small mom-and-pop to a legitimate company able to support, scale, and carry forward his vision in an evolving market. In 2012, he selected Alex Bloom, our current president, to lead the company because of his prior business experience and leadership ability. With the exception of the CTO and CAO positions, our executive team is the same executive team that John chose to lead and manage the company. WebAssign continues to grow, and has been nominated and received an award two years in a row for the Triangle Business Journal's Fast 50, which recognizes the top 50 fastest growing companies in the Triangle. More significantly, the positive feedback from our faculty and content partners on recent product enhancements reinforces our strategic plan. Our challenge as we move forward is to build on the success that we have experienced with the WebAssign product and create complementary products in the education market. This is an exciting time for WebAssign, and I embrace that challenge and look forward to our future. We have an open-door policy at WebAssign, and all of the executives and leadership team would welcome the chance to talk with you about your ideas for future growth and product leadership. Ellen Grantham, VP, Finance and Administration

Explore other reviews about WebAssign

5.0
31 May 2023
Recommend
CEO approval
Business outlook

Pros

Innovative place to work with chances for promotion

Cons

Late nights when there is a bug

1.0
9 Sept 2015
Recommend
CEO approval
Business outlook

Pros

Lots of natural light in the office. If you want a place to show up and do less than challenging work on a daily basis, this is the place for you. That is the job security factor. Fresh fruit once a week and the unoriginal usual offering of chips, soda, candy, coffee stuff plus the equally unoriginal beer/wine once a week thing.

Cons

Everything about it is lackluster, out dated and stale; the "culture", technology, innovation and reoccurring "struggles" of the company as a whole. Management has no clue how to mindfully engage much less walk the walk the expect of others. Drones for the most part. Advancement? Unless this is your first job, don't expect to be compensated (annual reviews are subjective; the review "formula" for rating is kept hidden from employees) nor find a path to higher career success. Purse-strings for annual "bonus" are pulled tight and equally as subjective. There are none with no where for a person with any experience to go in this company.

7
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