Overstock.com

www.overstock.com
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There are newer employer reviews for Overstock.com

3 people found this helpful  

Improving workplace; lack of roadmap from senior executives

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee in Salt Lake City, UT
Current Employee - Anonymous Employee in Salt Lake City, UT

I have been working at Overstock.com full-time (more than a year)

Pros

Flexible work hours; don't really have to work as hard as you might for others in the industry; good people to work with; improving direction from senior executives (i.e., recent lack of non-sensical, herky-jerky, unfounded and disastrous strategic shifts); great place to cut your teeth in certain departments as a springboard to elsewhere; great Customer Service (let's hope so, given how much it costs the company); agile when direction is set and communicated.

Cons

Non-sensical, herky-jerky, unfounded and disastrous strategic shifts from senior executives; virtually no ROI projections done for strategic projects, and certainly no standard office that would consistently perform these estimates; lip service paid to defending company's profitable stores while limited resources are siphoned off to pet projects; pay pegged to geography, rather than to a position for an increasingly transitory e-commerce space; internal tools and systems developed to better train and manage human capital, but are rarely used and miss the most useful goal of training managers.

Advice to ManagementAdvice

Form a five-year plan and stick to it, rather than copying what others have already started doing (or cornered).

Recommends
Positive Outlook
Disapproves of CEO

428 Other Employee Reviews for Overstock.com (View Most Recent)

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  1.  

    Improving culture, but concerns about long-term prospects of the Brand

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director of Marketing in Salt Lake City, UT
    Former Employee - Director of Marketing in Salt Lake City, UT

    I worked at Overstock.com full-time (more than a year)

    Pros

    -Strong work/life balance
    -Opportunity for growth - prove that you can own & grow the business and doors will open up for you (up to the director level).
    -Great location, very attractive for locals and people who like the outdoors

    Cons

    -No structured bonus program
    -No perks - very cut and dry
    -Hit-and-miss with talent and leadership at the company
    -Brand is very ambiguous, with Amazon dominating online retail, where does Overstock fit? Company still trying to figure this out

    Advice to ManagementAdvice

    Need to discover the value prop of the company and stick to a strategy. Focus on the core business and less on distractions that someone thinks can be a home run.

    Recommends
    Positive Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Good environment. Great People. Opportunity for growth.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Current Employee - Anonymous Employee in Salt Lake City, UT

    I have been working at Overstock.com full-time (more than 5 years)

    Pros

    Overstock gives you opportunity to move up within the company. Many new-hires are made from within. Good health benefits.

    Cons

    Sporadic bonuses and no sick time (vacation time must be used for sick days).

    Advice to ManagementAdvice

    Keep the strong ethical backbone of the company intact, and put better checks/balances on the influence that our Customer Service SVP has on the rest of the organization.

    Recommends
    Positive Outlook
    Approves of CEO
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