So many reasons to stay away, starting with a median tenure rate of 1.4 years
Pros
- Good PTO (floating holidays, sick time, and PTO are all bundled together into one bucket so you can take a total of 7 weeks whenever you want) - Ability to have a flexible work schedule
Cons
A major red flag is that the company has an extremely high turnover rate due to unsatisfied employees, lack of growth opportunities, lack of good leadership, lack of processes, and lack of corporate strategy. According to LinkedIn data, the median tenure is 1.4 years. The problems start at the top. While the founder/CEO puts on an excellent public face and has perfected his sales pitch to hire staff and obtain partners/clients, staff quickly realize that he is extremely difficult to work with. He can make morale boosting speeches to the company, but in private I’ve heard him be disrespectful and unkind towards staff. At times, he has misrepresented the company to clients, partners, and employees to influence others' perceptions of him/the company. He repeatedly says that he never wants the company to have a strategic plan because he doesn't believe in strategic plans. When it comes to day-to-day work, he is frequently uncooperative and ignores work that needs his input so projects end up stalling and eventually falling apart. The list goes on. There is no board of directors to keep him in check, unfortunately. The company has zero strategies. No strategic plan, no communications strategy, no business development strategy, and a talent strategy that doesn't have teeth. They only just started performance reviews in 2021 (after 10 years without performance reviews) but then said that the reviews have no correlation to promotions. But they never defined what's needed for employees to be promoted. In other words, there is zero transparency around how to get promoted. An HR leader just quit after only four months on the job. There has never been a defined mission/vision for the organization, which means that staff are often confused about what the organization even does outside of their own projects. A high-level employee (who quit after 8 months) tried to facilitate determining the organization's core offerings/value proposition, but the CEO ignored the effort and so the attempt went nowhere without the CEO's buy-in/approval. Things move incredibly slowly. Painfully slowly. The company says it has a fast-paced culture, but that's only for urgent needs that are often tied to client deliverables or related to putting out fires. Internal corporate change move at a snail's pace. Initiatives fall apart because of that. It's incredibly frustrating. I recommend that people stay away. It's not worth joining an organization with toxic leadership that doesn't invest in its people and doesn't have a sense of who it is/what it does and doesn't have corporate strategies. The median tenure rate of 1.4 years speaks for itself.