NetDeposit Reviews

Updated August 22, 2014
Updated August 22, 2014
3 Reviews
2.7
3 Reviews

Recommend to a friend
Approve of CEO
(no image)
Danne L. Buchanan
2 Ratings

Employee Reviews

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  1.  

    Great experience with people, some senior managers were well past their prime.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Salt Lake City, UT
    Former Employee - Anonymous Employee in Salt Lake City, UT

    I worked at NetDeposit full-time for more than 5 years

    Pros

    Great vision
    Great people in the trenches
    Fun environment
    Great exposure to the financial services industry
    Good pay and benefits, healthcare became less good over time

    Cons

    Clearly all the members of senior leadership were not on the same page
    Couple of senior managers were living on their past glory days and not adding anything positive

    Advice to ManagementAdvice

    Should have let the hangers on go sooner

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    Not a Good Environment

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

    I worked at NetDeposit

    Pros

    The company paid salaries above market.

    Cons

    Negative atmosphere and disengaged senior management. Unqualified mid-level managers. During my time at NetDeposit a reorganization placed the project management team under the help desk supervisor. What?

    Advice to ManagementAdvice

    In order to turn this company around, you should look closely at how the buddy system is negatively impacting your business.

    Doesn't Recommend
    No opinion of CEO
  3.  

    Improve middle management

    • 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 NetDeposit

    Pros

    Be part of an organization that is changing the way we do banking in the United States.

    Cons

    Bad Middle Management and lackadaisical growth

    Advice to ManagementAdvice

    Evaluating middle management and overhauling the management structure

    Approves of CEO

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