There are newer employer reviews for Groupon
There are newer employer reviews for Groupon

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Very good work experience

  • Comp & Benefits
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee in Shanghai, Shanghai (China)
Former Employee - Anonymous Employee in Shanghai, Shanghai (China)

I worked at Groupon

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Lots of learning going on on the job.

Cons

They can pay so little because it's so cool to work for them

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  1. Helpful (2)

    Get ready for a ride

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Groupon

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Free coffee, vitamin water, soda
    Good health benefits
    Great training
    Still informal compared to other corporations
    The changes keep you on your feet ( it can be a good or bad thing)

    Cons

    Long hours
    Weak commission
    No career advancement
    90% of the day is on the phone, begging to sign a contract
    It's all a numbers game (granted it's a public company and that's what is need) a threshold with dials, minutes on the phone, contracts per day...You're evaluated daily, weekly, and monthly which puts a lot of pressure on the employees
    Changes in goal change every month and has been increasing. I've never been in a sales environment where the changes are ambiguous each month rather than quarter

    Advice to Management

    Evaluate performance and goals quarterly. Adjust the goals quarterly if you want this business to last moving forward. Short-term gains for long-term losses is where this is headed...

  2. Helpful (7)

    Fast Growth = Rotten Inside

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Consultant - North & West London in City of London, England (UK)
    Former Employee - Business Consultant - North & West London in City of London, England (UK)

    I worked at Groupon

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    - Good Logo for your CV, if you can get 6 months under your belt
    - Potentially a great first job to toughen up career Salespeople and Graduates
    - Good to have a negative experience at least once to strengthen your ability, prove you can work hard and tolerate adverse conditions

    Cons

    - Poor internal structure favouring founding members
    - Hyper-competitive sales floor leading to mega-high staff turnover
    - Unstable commission which are often non-existent, especially in the first 3-6 months
    - Lottery atmosphere with no control over pipeline or commissions
    - Cliquey atmosphere making it very difficult to socialise and integrate, especially in early months
    - Selling into SME's and one man bands many of whom don't care about your sales pitch or product and struggle to understand any perceived benefits of this frankly ground-breaking opportunity
    - My confidence dropped having worked here and made to feel valueless after being the top performer in previous role

    Advice to Management

    - KEY CHANGE - Lead distribution and account management needs to move from a Legacy based system in which "the Rich get Richer" to a fairer combined Geo-Vertical system where people can focus on specialisms and feel they're not just fumbling in the dark and hoping to get lucky (especially in core regions). This would also lead to a faster ramping up of sales people as they start with a combination of legacy accounts to re-feature (immediate commission), fresh leads and previously contacted leads.

    - Less fly-by-night lottery-like sales incentives with no structure, perceived business benefit or team improvement
    - More sales team bonding sessions, especially congratulating good team performance to increase a community atmosphere rather than every-man-for-himself (very Cliquey)
    - Better recruitment process with realistic OTE''s and Specs ensuring you hire salespeople with integrity and skill, not conmen
    - More opportunity for advancement
    - More accountability and scrutiny if you want to see improved Sales people and improved customer feedback

There are newer employer reviews for Groupon
There are newer employer reviews for Groupon

See Most Recent

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