TheLadders

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2 people found this helpful  

True decline in last few years

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee  in  New York, NY
Former Employee - Anonymous Employee in New York, NY

Pros

The people are great
Fun perks
The hours were, at least in recent years - not so much a few years ago - regular

Cons

There seems to be two companies - staff & manager-level, and then VP & above. There is a huge gap between the two. Seems like the Senior Management team lies to the staff & managers, and instills a feeling of distrust. Also, seems like the VERY top-level (CEO...), is an over-micromanager who hires great people at the V- and C-level and then drives them to quit in 4-6 months. That's bad news man. Seems like senior management in presenting the "company vitals" to the masses each quarter takes information out of context and presents numbers that are not statistically significant and presents them as evidence on just how rosy everything is.... and then lays off a third of the company... every other year. For reference I was not let go in either of those layoffs so I'm not just a disgruntled recently-axed ex-employee.

Really, the company seems a sinking ship that's moving towards functioning on life-support only with a skeleton staff and external contractors for its long-term sustainability.

Advice to ManagementAdvice

Keep on hiring the great people you've hired, but, especially at the highest levels, step back and let them do the jobs that they're A) more qualified than you to do, and B) you hired them to do.

Doesn't Recommend
Disapproves of CEO

Other reviews for TheLadders

  1. 1 person found this helpful  

    Nice perks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer  in  New York, NY
    Current Employee - Software Engineer in New York, NY

    Pros

    Flexible schedule, stocked kitchen, convenient work location, company functions are fun

    Cons

    Poor communication, incompetent managers, too much red tape and bureaucracy, technology is poorly done

    Advice to ManagementAdvice

    Focus less on recruiting and more on retention.

    Doesn't Recommend
    No opinion of CEO
  2. 2 people found this helpful  

    Cool aesthetics, but unfortunately that's about it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Customer Service (Job Search Advisor)  in  New York, NY
    Former Employee - Customer Service (Job Search Advisor) in New York, NY

    Pros

    - Some great perks such as free food in the kitchen (which is stocked with a bunch of good stuff)
    - Cool, young, motivated people
    - Laid-back atmosphere
    - Nice building, decent location

    Cons

    - Essentially a dead-end job, no career progression even for top performers if you start at the entry level
    - Controversial business practices - product quality is questionable at best and not necessarily what is advertised
    - Total lack of communication from management down to employees
    - Poor customer relations tactics (auto-renew policy infuriates customers, should be thrown away but makes company too much money)
    - Mass layoffs that have historically occurred every couple of years, due to huge/random restructuring of company model/business plan that seems to occur on a whim

    Advice to ManagementAdvice

    Communicate with your employees. Call a spade a spade and do not mislead customers - this is what results in a bad reputation. Choose a management structure and stick to it - letting go all middle management in one fell swoop to save money looks terrible and crushes any team morale. Get rid of the auto-renew policy - it's one thing to have a weak product if customers are willing to pay for it, but do not mislead them into further charges outlined in fine print.

    Doesn't Recommend
    Disapproves of CEO
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