Monetate Reviews

Updated August 30, 2014
Updated August 30, 2014
22 Reviews
3.5
22 Reviews
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Lucinda Duncalfe
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Employee Reviews

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  1.  

    Great place to be an engineer

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Monetate as an intern

    Pros

    Lot of responsibility, free food, challenging problems, reasonable work week.

    Cons

    Get the feeling that everyone is not equally invested in the company.

  2.  

    Very young company

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

    I worked at Monetate full-time for more than a year

    Pros

    Laid back, free food and drinks, fun atmosphere

    Cons

    Very immature company. Still defining their processes. Sometimes chaotic.

    Advice to ManagementAdvice

    More structure. Hire managers with more people experience rather than technical expertise.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    On the up and up.

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

    I have been working at Monetate full-time for more than a year

    Pros

    HQ has plenty of perks, free lunch, open environment, pet friendly. Co-workers are intelligent and there's a relatively friendly atmosphere.

    Cons

    Structure and direction could be stabilized a bit better. It would be nice to have a 401k match, individual benefits are free (not great) but I hear family benefits are sub par.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 2 people found this helpful  

    Couldn't agree more... great company, but seemingly headed downward

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing
    Former Employee - Marketing

    I worked at Monetate full-time for more than 3 years

    Pros

    All the perks any 20-something employee could want. Some talented people who fly under the radar (and in some cases, left the company). Everyone is super-friendly and for the most part genuine.

    Cons

    Hard to work at a company where 95% year-over-year growth isn't good enough. Company also measured success by how many people they employed. Seemed like a goal of more revenue (and profit) was overshadowed by just hiring more people to do the same, or less, work. The negative comments here about marketing are somewhat ironic now that yet another member of senior management is no longer there. Those "fancy" infographics drove tremendous awareness in a crowded space and, in many cases, new business.

    Recommends
    Negative Outlook
    Approves of CEO
  6. 3 people found this helpful  

    Fantastic company... that is stumbling a bit.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Director  in  Chicago, IL
    Former Employee - Sales Director in Chicago, IL

    I worked at Monetate full-time for more than a year

    Pros

    Incredible technology (that works, very well), great marketplace presence, fantastic service support, tremendous value proposition & ROI for clients, unique company culture - particularly out of Philly, and well structured internal hierarchy

    Cons

    Buckle your seatbelt Salespeople: Consistently changing territories, comp plans, marketing messaging, and leadership. Questionable, impulsive decisions made at the top, with little loyalty to those in the field. A pivot in focus from core competency to derivative products in the marketplace.

    Advice to ManagementAdvice

    Go back to what made the organization so successful in the first place: Innovation, strong sales & marketing leadership with a steady hand and clear course for the future. Avoid distractions from the board, competition, other markets. Get back on track, quickly, and trust those most loyal to the organization for input.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 3 people found this helpful  

    Four Stars: improvement is ALWAYS possible.

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

    I have been working at Monetate full-time for more than 3 years

    Pros

    Primarily populated by passionate, emotionally intelligent, respectful, smart folks who care deeply about integrity in life and work. Hackers in every department - perpetually looking for and often finding work-arounds for complex problems.

    Cons

    I'd like to see an expansion of the benefits package but think this is in the works.

    Advice to ManagementAdvice

    Keep improving, learning, and growing as leaders.

    Recommends
    Positive Outlook
  8. 3 people found this helpful  

    Talented coworkers were a joy to work with, but senior management was not up to the task.

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

    I worked at Monetate full-time for more than 3 years

    Pros

    There were opportunities to learn and improve every day. Work-life balance wasn't great but it wasn't terrible either. My coworkers were pleasant and highly competent overall.

    Cons

    Decision making at the very highest levels was consistently poor and the business model is questionable.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 2 people found this helpful  

    Getting ready for the next level

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

    I have been working at Monetate full-time for more than 3 years

    Pros

    Good people, good work environment, hard problems. Nice perks like free lunch. Met lots of people I would work with again in a heart beat.

    Cons

    Management needs to acknowledge their deficiencies and ask for help outside of their zone of comfort. Benefits for families are lacking. Room for growth seems to be unnecessarily restricted. Real performance feedback cannot be obtained from managers.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    A company in flux.

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

    I worked at Monetate full-time

    Pros

    Strong reputation in the industry. Good working environment and nice office culture. Encouraged to work independently, not micromanaged. Nice employee perks and a culture that seemed to favor work-life balance for employees.

    Cons

    Constantly changing strategic direction. While one expects some volatility in a start-up environment, there were numerous changes made which were inconsistent with the long term goals and philosophy of the company.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 3 people found this helpful  

    Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Javascript Engineer  in  Conshohocken, PA
    Current Employee - Javascript Engineer in Conshohocken, PA

    I have been working at Monetate full-time for less than a year

    Pros

    Amazing work environment: cool office, flex time, unlimited vacations, great benefits (price of health insurance recently came down significantly), free catered lunch every day. Lots of smart and interesting coworkers. Incredible growth which provides opportunities for career advancement within the company. Their philosophy is to hire good people and then empower them and it seems to be working.

    Cons

    There is no 401k matching.

    Recommends
    Positive Outlook
    Approves of CEO

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