2 Employee Reviews (View Most Recent)

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Unhappy work force trumps all

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

I worked at Massdevelopment Finance Agency full-time for more than 5 years

Pros

Company has a really great retirement plan if you have previously contributed to social security. The mission is great and many smart and talented people work there. Work-life balance is great and a 37.5 hour work week is very nice. Sick, personal, and vacation time package is very generous.

Cons

The morale here is incredibly low. It got that way due to lack of raises for over 3 years and the lack of transparency. Upper management does nothing to improve morale and pretends that there isn't an issue. It's not just about money - it's about being respected and recognized for hard work. There are other options to show people they are valued.

Advice to ManagementAdvice

Get your head out of the sand. Stop rewarding individuals based upon how much they complain to upper management. Don't give raises based upon the "fear" that individuals will leave - reward people based on performance. Be transparent. There are a lot of good people working at this organization - don't let them fall between the cracks.

Doesn't Recommend
Neutral Outlook

Other Reviews for Massdevelopment Finance Agency

  1. 1 person found this helpful  

    Limbo

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at Massdevelopment Finance Agency

    Pros

    Good work life balance and very good benefits. The agency has an inmportant mission statement it follows and there are some hard working people.

    Cons

    There is an extreme lack of leadership from senior management. Have not received salary increases in the past four years. No room for growth unless you cut a backroom deal, total lack of transparency. Several managers are bullies.

    Advice to ManagementAdvice

    Take accountability. Morale is very low yet management continues to demand and bully there employees for deliverables. There is no incentive to work here.

    Doesn't Recommend
    Disapproves of CEO
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