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Rearden Commerce
2.2 of 5 115 reviews
www.reardencommerce.com Foster City, CA 150 to 499 Employees
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Rearden Commerce Reviews

Updated May 19, 2013
All Employees Current Employees Only

2.2 115 reviews

                             

24% Approve of the CEO

Rearden Commerce Chairman and CEO Patrick W. Grady

Patrick W. Grady

(93 ratings)

24% of employees recommend this company to a friend
114 employee reviews
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Current Employee – been working at Rearden Commerce full-time for more than a year

Proslove the poeple, love the growth

ConsI dont really have any cons

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Former Employee – worked at Rearden Commerce

ProsNone. Run away from this place and most people who are still associated with this place. There is nothing here to see.

Cons- Everyone in the Valley is hiring, and Rearden is contracting so quickly that they just made another deep cut. Rumor has it that it's about 50% of workforce.
- After 12 years of failure, Hank Grady is still "running" the company. Right into the toilet.
- What's left at Rearden? Debt. Worthless stock options. A bunch of low performing but politically shrewd yes men. And then there are those poor souls who really rather have nothing to do with this hell hole but temporarily are without options.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Foster City, CA

Former Employee – worked at Rearden Commerce full-time for less than a year

ProsGood investors - that's pretty much it........

ConsThe CEO and Exec team are incompetent; and there is a pervasive lack of execution and accountability through the whole place. The turn over is very high. Good people are leaving in droves.

The Board of Directors (asleep??) should act swiftly and bring change at the top. That is a MUST

Advice to Senior Management– Advice to the BOARD:- hire a CEO who can bring a professional and experienced management team that can actually execute on a plan (any plan!) -

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Former Employee – worked at Rearden Commerce full-time for more than a year

ProsGood pay
Generous vacation time and lots of holiday time, 3 weeks off paid vacation to start
Good communication with direct management

ConsLots of upper management turn over, did not seem to hire from within for upper management positions
Lay offs meant an over abundance of work for those remaining
Lots of shifting in the company direction, turning away from successsul products and promoting the latest greatest "future" of the company. This makes for a feeling of instability.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Foster City, CA

Current Employee – been working at Rearden Commerce full-time for more than a year

ProsPros – The vision sounds great and compelling although elusive. The investor list is very impressive. There are some good people who care and want to succeed.

ConsCons – The CEO is incompetent, inconsistent and irrational having failed to build a successful business, create an effective culture or hire and grow a leadership team. There is no real market traction, a technology that is neither unique or compelling and excessively high turnover. The is no history of execution, an environment of favoritism and an underlying cultural foundation of fear. In fact, the culture has been described as "fear and loathing at Rearden." The BOD is either asleep, afraid or also incompetent based on their lack of intervention or involvement. The best advice to those who consider Rearden is to runaway fast and far ...and for those who are there, update your resumes and get out before this house of cards blows over!

Advice to Senior ManagementAdvice to the BOD - hire a competent professional CEO who is balanced, has integrity and is rational. A change at the top is essential. The CEO is the common denominator in a history of non-performance, excessive turnover and irrational behavior. No other band-aid measure will have any impact without the change in CEO! Time to wake up BOD and do your job!

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Former Employee – worked at Rearden Commerce full-time for more than a year

ProsGood pay
Great working colleagues
Work from home

ConsManagement can't make up it's mind what direction to take the company.
Training is non-existent. It's sink or swim for your life.
High turn-over and a disturbing pattern of regular mass lay-offs about every 2 years.

My biggest issue with Rearden is that I was hired and had great hopes of it being a fantastic new opportunity only to find that myself thrown into a position with virtually no training on how to do the job. My colleagues and manager did their best to help me learn on the job but we were all overwhelmed with the volume of customer issues and complaints coming in and the lack of support from an ever dwindling programming staff - as they were all abandoning ship and not being replaced quickly enough to handle the tide of work - and probably not getting the training they needed to be effective in their jobs either.

Another issue I have with Rearden is that they build themselves to where they were when I was there on the promises and contracts made with customers...and then when the management decided they wanted to go in a different direction...they abandoned those customers by deciding that they were moving away from "customization" and that was followed by another round of layoffs of all the people who supported those customers. It was absolutely miserable to go to work every day and deal with the frustration of corporate customers whose issues weren't being addressed in a timely manner, if at all, because there was insufficient technical staff to handle them. And these corporate customers had customers of their own who were very unhappy...it was just a giant circle of frustration all created by the management of Rearden.

Advice to Senior ManagementQUIT - let someone who knows WTH they're doing take over the company before you run it into the ground.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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1 person found this helpful  

Current Employee – been working at Rearden Commerce

ProsGood Benefits, Compensation, Leading Edge Technology

ConsCompany is trying to invent a space which is not there yet so it can either WIN or LOOSE to the superlative extent.

Advice to Senior ManagementNaah, you guys have been great!

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Current Employee – been working at Rearden Commerce full-time for more than a year

Prosyou will have easy time because you are the lone star among the dumbest! just be happy that you are cashing in the dumb investor's money without breaking any sweat.

Consany one could build this product at a fraction. no patents what-so-ever. just one of those dot-com websites which dumb financial clients think something fancy behind it.

everyone know financial companies are dumb when it comes to technology. they don't get it. so, its easy to fool them to get funded. that's how AMEX invested(wasted??) several hundred million dollars! poor AMEX. same goes with CITI,etc.

this company knows how to fool these financial companies. let's see when these financial companies wake up and realize they could build such websites for few hundred dollars!! no kidding.

Advice to Senior Managementgo eat some hay and get better

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Former Employee – worked at Rearden Commerce full-time for more than a year

ProsDirect interaction with co-workers is the one big plus. Some good people get hired, unfortunately they don't stay.

Cons-This could be a long one. However, I wouldn't be saying anything that has not been said before. Hard to take upper management seriously when they seem to be so out of touch.

- Everything seems to get 90% of the way complete, objective change and it is all for not. It is difficult to see that much quality work get wasted.

Advice to Senior Management- Get a new set of slides for company meetings. It gets stale after they presented it quarter after quarter...only adding, "this is the quarter things are going to happen."

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Foster City, CA

Former Employee – worked at Rearden Commerce full-time for more than a year

ProsThere are no pros to this company.

ConsStay away. A slimey, failing company, with a slick salesman for a CEO. You will get fired or leave. No one sticks.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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