Hokodo Reviews

4.4

73% would recommend to a friend

(48 total reviews)
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Richard Thornton

93% approve of CEO

63% positive business outlook

Hokodo has an employee rating of 4.4 out of 5 stars, based on 48 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Hokodo employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

48 reviews
1.0
15 Nov 2023
Recommend
CEO approval
Business outlook

Pros

I enjoying working with the Hokodo team!

Cons

Hokodo, on face value, appears to be an excellent workplace: stable, some might say unbreakable (as we are constantly reminded). However, we have recently experienced another round of redundancies, which has led to the departure of some highly senior people. These individuals have significantly contributed to team building and the company's growth. Their departures were abrupt, giving the impression that everything was swiftly swept under the carpet. This occurred following our annual lavish offsite in Lithuania, which is baffling. If there's a need for cost-cutting, why did we proceed with such an expensive event? Cancelling it could have potentially saved two people from being let go. Meanwhile, we see other team members announcing on LinkedIn about their expanded roles and taking on new responsibilities, while those who have been let go are still processing the news. This situation, coupled with another rebranding or change of direction for the sales team, creates a rather unsettling atmosphere. It's a time of uncertainty and mixed signals, making it challenging for everyone involved.

1.0
21 Feb 2024
Recommend
CEO approval
Business outlook

Pros

The people that work here are friendly and collaborative

Cons

- Treat employees like Disposables: fires people based on its short-term strategy. There were numerous layoffs in the sales department due to the strategy at the time. One or two quarters later, they hired many salespeople because of a shift in strategy. - If you're best buddies with the founders, your job security is fine, even if you're not fit for the job. It appears personal connections matter more than job qualifications. -Lacks transparency about its situation: flew the entire company to another country for a nice offsite, followed by unexpected layoffs and claimed it's because of financial difficulties. At the same time, they hired executives with generous paychecks, leaving employees feeling misled. - Discriminative Environment: held an event that encouraged discrimination based on gender and body type in one offsite, making people uncomfortable. Despite reporting it to HR, no action was taken. Company awards also seem biased, favoring specific personality traits and teams, making it challenging for quieter individuals or teams with fewer inter-team collaborations to get recognition.

1.0
1 Feb 2024

Run away

Recommend
CEO approval
Business outlook

Pros

Great package Remote work Interesting mission

Cons

Everything else! - No work ethics - Very intrusive practices for customers Not GDPR practices: every calls are automatically recorded without customer consent, unless the customer notices that he is recorded. All recorded calls are stocked in a data base that is accessible by everyone in the company! What a shame especially when you sell financial services… - micromanagement and probably even more I suspect them to check frequently your search history and activity, no trust between managemnt and sales team. - too many meetings during gold hours of prime time for sales people for chit chat. - micro management - no commercial smart strategy but only volume - the solution looks great but in reality there is a lot of technical issues and implementation is super long due to lack of technical staff so you don’t get your comissions - a lot of opacity, for some reason I don’t have access on the 39 reviews they claim to have on glassdoor only good ones apears …

Viewing 1 - 3 of 48 Reviews

Glassdoor has 53 Hokodo reviews submitted anonymously by Hokodo employees. Read employee reviews and ratings on Glassdoor to decide if Hokodo is right for you.