There are newer employer reviews for Velti

6 people found this helpful  

Velti will probably fail

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in San Francisco, CA
Current Employee - Anonymous Employee in San Francisco, CA

I have been working at Velti

Pros

Location, location, location! Right in downtown San Francisco. Great transportation, great bars and restaurants.

Cons

- No planning. There is no annual business plan, which makes it impossible to come up with a departmental plan, yet you are expected to.
- Worst senior management ever: no communication, no transparency, no fairness.
- Sales expected to sell product that doesn't exist, Delivery expected to implement product that doesn't exist. Product implementation of what does exist is sloppy.
- Very bad cross-cultural relationship with HQ in Greece.
- Performance reviews late, no annual pay increases, stock options not delivered, bills paid late.
- Seemingly random layoffs of large swathes across the company--two in the last year.
- Very unhappy employees make for a toxic atmosphere. Even if you are doing work that somewhat satisfies you, it is impossible to be happy at Velti.

Advice to ManagementAdvice

Velti needs professional CEO and C-level suite, preferably seasoned people from Silicon Valley. This is a company that has potential to move forward, but not at the state it is in.

Doesn't Recommend
Disapproves of CEO

88 Other Employee Reviews for Velti (View Most Recent)

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  1. 4 people found this helpful  

    Short Sighted

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at Velti

    Pros

    - Part of the fastest growing industry in technology and marketing
    - Wide range of highly visible clients
    - Has the potential to be a trendsetter in mobile marketing

    Cons

    - Poor management structure in production of deliverable products
    - No Art Director at a company involved with a rich and highly visual medium
    - Unwilling to push technology to where brands can maintain their already developed identities
    - Runs the risk of competing with boutique agencies with similar capabilities and a higher regard for quality
    - Company has been repositioned as strictly a technology solutions provider. This is very short sighted
    - Account Managers unskilled at communicating client needs to Delivery Teams
    - Employees often end up "victims of Velti's success" instead of acknowledged for their work

    Advice to ManagementAdvice

    Better communication would certainly be a start to improving the working conditions at Velti.

    There should be no "victims of Velti's success" and to passively accept that there are, is unethical and exposes a failure in Management. It may be time to restructure. Again.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Probably the most satisfying professional experience of my career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President in San Francisco, CA
    Current Employee - Vice President in San Francisco, CA

    I have been working at Velti

    Pros

    Working for an industry leader on a huge growth curve makes this the most challenging yet most satisfying position I've ever held. Company has continued to reinvent itself consistently over the past 10 years, wish I had joined earlier. Compensation is quite good. Diversity in offices across the globe provides daily challenges, inspiration and an opportunity to question one's preconceptions.

    Cons

    Company could plan better. Leadership needs to communicate more info and more often. Administrative and procedural matters need to be solved faster and more efficiently. Rate of growth makes things a bit difficult -- victims of our success -- but it's a scale or die business, this needs to be anticipated and compensated for.

    Advice to ManagementAdvice

    Communication, communication, communication.

    Recommends
    Approves of CEO
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