Green Dot

  www.greendot.com
  www.greendot.com

Green Dot Reviews

Updated December 10, 2014
Updated December 10, 2014
78 Reviews
2.1
78 Reviews
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Steve Streit
46 Ratings

Review Highlights

Pros
  • people are great, facility is nice (in 4 reviews)

  • Fast paced environment pushes one to fine tune skills (in 3 reviews)


Cons
  • Not a good example of what C-Level should be like (in 5 reviews)

  • New leadership terminated (not lay-offs) a lot of employees this year and now the morale is low but hopefully it will pick up (in 3 reviews)

More Highlights

Employee Reviews

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  1. 2 people found this helpful  

    mixed bag

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

    I have been working at Green Dot full-time (more than an year)

    Pros

    Great people, for the most part

    Cons

    Tough market, and inconsistent direction

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 4 people found this helpful  

    Was a better place to work 4-5 years ago.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Pasadena, CA
    Current Employee - Anonymous Employee in Pasadena, CA

    I have been working at Green Dot full-time (more than 5 years)

    Pros

    Still a growing company. Promotions from within can still happen if you are politically savvy.

    Cons

    Revolving door for c-level people. Politics increasing as size increases. Benefits reduced in the last year.

    Advice to ManagementAdvice

    Steve should stick to the 40,000 foot view and stop trying to be an entrepreneur in a $750MM publicly-traded company.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Stuck in an intersection between a mature organization and an amateur one

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Pasadena, CA
    Current Employee - Software Engineer in Pasadena, CA

    I have been working at Green Dot full-time (more than 3 years)

    Pros

    - Compensation
    - Benefits
    - Opportunity for staff who can be balanced in both discipline and creativity as long as they have the courage
    - Usage of current technology (not oldest, though not latest bleeding edge)
    - Free fruits every morning

    Cons

    - Constant divide between staff who are qualified versus staff who want to marginalize others
    - Abundant number of middle managers and technology leads who either avoid accountability for decisions or make decisions based on what makes them look better
    - Excessive meetings that serve no progressive purpose

    Advice to ManagementAdvice

    The company is in flux between its startup "we want to do with what we like" mentality versus the mature "we need to do what's best for the interest of the company's future" given the constraints present today.

    Be cautious of staff who blurs factual information and relies heavily on forcing you to make decisions based on how they manipulate your emotions via their "convincing" skills.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. 4 people found this helpful  

    Talent Exodus

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Palo Alto, CA
    Former Employee - Anonymous Employee in Palo Alto, CA

    I worked at Green Dot full-time (more than an year)

    Pros

    None that other bay-area companies don’t already offer.

    Cons

    Constant layoffs of talented engineers, no focus on engineering and development. Too much politics and red-tape.

    Advice to ManagementAdvice

    I was part of an acquisition couple of years ago. Management dismantled talented group of engineers and most of the qualified people chose or was forced to leave including the chief architect. I waited, took my retention and walked out.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 5 people found this helpful  

    No culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Pasadena, CA
    Current Employee - Anonymous Employee in Pasadena, CA

    I have been working at Green Dot full-time (less than an year)

    Pros

    - gym on site.
    - there are some people who know what they are doing.

    Cons

    - Everybody's titles are inflated when compared to the scope of work they actually do.
    - Lack of flexibility. Time cards are watched with a magnifying glass and if you are salary, they are more concerned about facetime than your quality of work and ability to meet deadlines.
    - No 401K matching. This is due to an effort to cut costs. Would be better to fire upper management who don't add value to the company and are compensated heavily for nothing. That would lower costs too.
    - High attrition rate.

    Advice to ManagementAdvice

    Too top heavy. Clean house to make sure upper management is qualified and actually does their job. Promote some sort of work culture with better work life balance.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 6 people found this helpful  

    I could not wait for it to be over.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Monrovia, CA
    Former Employee - Software Engineer in Monrovia, CA

    I worked at Green Dot as a contractor (more than an year)

    Pros

    No pros that you would not get elsewhere. Some good people, good learning experience etc.

    Cons

    Very unpleasant work environment. Management team is full of their selves.

    Advice to ManagementAdvice

    I would say get some training but I think they are beyond that at this point. Right people should have been placed in the right place years ago. Now it is very hard to correct the inefficient, power struggle dominated culture. Let's put it this way, I sold my green dot stock shortly I left the company and I would not buy it again (unless they change direction of course)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 5 people found this helpful  

    Serious challenges

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Call Center in Pasadena, CA
    Current Employee - Call Center in Pasadena, CA

    I have been working at Green Dot full-time (more than 3 years)

    Pros

    co-workers are professional and take pride in work, have good knowledge of industry and products
    decent facilities

    Cons

    senior leadership in over their heads
    lack of strategic direction - lack of focus leads to inefficiencies
    legal/regulatory troubles ahead due to scams involving MP product
    board of directors not acting in best interest of company

    Advice to ManagementAdvice

    time for the entrepreneurs to turn the company over to experienced business leaders

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 5 people found this helpful  

    Managed by a seemingly funny ego maniac Steve streit!

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

    I worked at Green Dot full-time

    Pros

    nice office but the place is cold and the unhappy vibe is everywhere, free fruit and coffee, good parking and decent medical benefits

    Cons

    The company only exists because they provide a product that a bunch of unemployed poor people need to survive. Otherwise, there are tons of problems with their products and lots of complaints.
    the morale is the worst than any place I ve worked at. Everyone i know is looking for a way out of this place - they just dont want to lose the paycheck. Most of the projects are terminated after significant amount of work went into them. The best and more creative people have been leaving this place as Steve Streit is not ever going to tolerate any innovative/disruptive ideas from anyone (unless the ideas came from him). Or if you contradict his thinking, he is just gonna tell you to shut up and do as he says or you will be fired. Great place, Ha?
    This place is really pathetic, you will not want to stay here more than 6 months. The rest are bottom of the barrel and brown-nosing Steve, while secretly hating the guy. The top management have been there for many years and are so old school and often incompetent, dont even show up for work or sitting in their executive wing ruling the place like we are still in 2000...
     There's not much to be said, this place is going down. Stay away - you will feel suffocated in this place and hate going to work every morning... enough said....

    Advice to ManagementAdvice

    read the cons and wake up! start valuing your employees and let them actually do their jobs right

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 5 people found this helpful  

    Good experience, poor management. No long term direction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Systems Analyst in Pasadena, CA
    Former Employee - Business Systems Analyst in Pasadena, CA

    I worked at Green Dot full-time (more than 3 years)

    Pros

    A Good place to learn

    Cons

    micromanaged, constant layoffs, shifting C-level yes men

    Advice to ManagementAdvice

    stablize upper management before you clean out the non "A players"

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 3 people found this helpful  

    Weak, disconnected executives with huge egos

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Director in Pasadena, CA
    Current Employee - Senior Director in Pasadena, CA

    I have been working at Green Dot full-time (more than an year)

    Pros

    New office environment makes the place feel like a real company.
    Great, talented employees keep the work interesting.
    ESPP program is a guaranteed profit.

    Cons

    No tolerance for opinions which do not match executive leadership.
    CEO and Executives are 100% disconnected from employee input and what it takes to run a company.
    For example, within a week of the CEO being informed of negative reviews on this site, three glowing reviews appear. All long winded, talking about "change" and bashing previous and some current employees. Coincidence? He has the right to include his opinion, but when he instructs his subordinates to write positive reviews, it is clear that he isn't listening and does not care to listen.

    Advice to ManagementAdvice

    Steve, your people don't believe in you. They talk behind your back, snicker and make jokes about you, and complain that your dictatorship stifles innovation and collaboration. This is true for employees at all levels, even your darling lieutenants and GMs you put your trust in. We all hear the stories.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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