Overstock.com

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

 

Fantastic Company - Phenomenal People

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

I have been working at Overstock.com

Pros

work/life balance
compensation is top notch
employee skill level is higher than average with many top talents in the industry
Management is knowledgeable and they make good decisions for what's best for the company as a whole and not just individual teams or departments.

Cons

Sometimes I think that management sets a goal or specific criteria to meet and then all decisions are based on meeting that goal even if it isn't the best thing to do. They become paralyzed from doing anything that might interfere with the all mighty goal they have set and therefore make stupid decisions instead of making smart and calculated risks ignoring the benefits to be had.

Advice to ManagementAdvice

Keep doing what your doing - its working!

Recommends
Approves of CEO

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

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  1. 8 people found this helpful  

    Working at Overstock.com

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Partner Account Manager in Salt Lake City, UT
    Current Employee - Partner Account Manager in Salt Lake City, UT

    I have been working at Overstock.com

    Pros

    Very casual and comfortable atmosphere. Has a good benefits package. Reasonably good teaching environment supported by an internally developed on-line university, which is constantly improving.

    Cons

    Almost no potential for career advancement. Poor leadership support from management. Management strongly embraces a "Don't make waves" environment. Essentially no opportunities to provide feedback for management (this is the first time) or internal support departments.

    Advice to ManagementAdvice

    We need more of a push for teamwork between departments. Our environment is too contentious right now, we need to work towards a more cohesive operation between departments and move away from the current "Pass the buck" and "Don't make waves" feeling that we have now. The more people feel comfortable in voicing their thoughts and ideas, the more good ideas will float to the top. Last but definitely not least, give credit where credit is due. There is a lot of favoritism that happens in all departments, but no one dares to say anything.

    No opinion of CEO
  2. 4 people found this helpful  

    A good place to start, not a place to stay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • 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

    Pros

    Overstock is very flexible in allowing each person to find the niche that fits them best. Once you are past your first year, you can easily move to another area of the company to try another job that interests you. For the most part, the middle management is talented, competent, and professional.

    Cons

    Senior management are no where nearly as knowledgeable about e-commerce as they should be. They form cliques with select middle management and only promote their favorite people not based on talent or job performance but because they are social friends. These "social promotions" into middle management have ruined certain areas of the company since the individual promoted has no talent and isn't up to the job at hand. Constructive criticism is taken personally, so one doesn't question their marching orders from senior management for fear of losing one's job. Pay is inequitable and based on whether senior management likes you personally, not your job performance.

    Advice to ManagementAdvice

    Senior management needs to do the following:
    1) Learn to take constructive criticism not as a personal attack but positive feedback.
    2) Get rid of the "everyone is expendable" attitude; it's disconcerting when you say you want more loyalty to the company yet treat the talented people who do all the work as expendable.
    3) Value your employees through more postitive work related feedback and pay what they are worth based on job performance, work experience, and educational background.
    4) Stop promoting your friends and promote whoever is best for the job.
    5) Establish an "Overstock Mentor" program to provide employees with a way to learn from those who have been at the company longer, help increase knowledge sharing and employee performance, and help diversify employees' skills.

    Disapproves of CEO
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