Stax, Inc. Reviews

Updated April 17, 2015
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Stax, Inc. CEO Raphael Musher
Raphael Musher
15 Ratings

21 Employee Reviews

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  1. Manager

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Stax, Inc. full-time

    Pros

    Challenging, small firm, entrepreneurial feel, hard-working very smart people, great clients

    Cons

    long hours, poor work-life balance


  2. Great place for entry level employees to grow their career

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Stax, Inc.

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    -Smart co-workers
    -Consistent learning
    -Great office location

    Cons

    Stax is a small firm and everyone wears a lot of hats.

    Advice to Management

    As the organization is growing, think about how to grow the staff and how to fill in the missing gaps.


  3. Helpful (3)

    Good experience, terrible environment

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

    I worked at Stax, Inc.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    As mentioned in other reviews, projects at Stax are very interesting. Due diligence is performed is very organized and the quality of the work produced is great. Project teams are very small and that helps in communication and end results of research.

    Cons

    The environment is extremely serious, almost at the border of unfriendliness. There's a huge "social strata" feeling between research associates and the rest of the team.
    Research associates are contract-hires, hence most permanent employees don't put an effort to build professional relationship with research associates, creating a highly disposable environment/feeling
    Research Associates are also not invited on company outings and/or involved in the after-work social bubble.


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  5. Great Company, Smart People, Great Place to Learn

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Boston, MA
    Former Employee - Associate in Boston, MA

    I worked at Stax, Inc. full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Stax is a great company with a strong niche in the private equity due diligence space and a sizable and fast-growing corporate and portfolio strategy business. Its greatest strength is the people working there. From associate through CEO, Stax has some of the most capable, creative, and business savvy people that I have had the pleasure of working with. Relatively all consultants combine an ability to think outside of the box while focusing on answering the client's critical questions.

    From an employee perspective, this is an exciting and fast-paced place to work--and more importantly, to learn. For anyone interested in understanding the ins-and-outs of private equity and corporate investment strategy from a market perspective, this is the place to start. The work is both interesting and challenging for all levels of the consulting staff--particularly associates who are a critical part of each project.

    Stax's client list is impressive, boasting some of the largest PE firms and corporate clients in the world, and its opinion is highly respected. It is an all-around great place to work.

    Cons

    Because it is a relatively small but growing company, it has room for improvement in terms of onboarding, personnel development, and compensation; however, it was apparent to me prior to my departure that these are areas where it has focused its attention moving forward. None of these issues had any impact on my departure.

    Advice to Management

    Provide clear, consistent, and direct feedback on the performance (both good and bad) and trajectory of an employee. Constructive feedback allows employees to understand their strengths and weaknesses and know what they need to work on improving.


  6. Helpful (2)

    Great way to learn a lot about the business world

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

    I worked at Stax, Inc. full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Stax is a very high-paced work environment with short projects (typically 2-4 weeks), allowing both full-time and contract employees to learn about a wide range of industries and business functions in a short time. Full-time employees will frequently work with Stax's senior management, and occasionally work directly with high-level executives at clients. I see very few jobs out there that allow such a wide range of exposure to the business world.

    An additional plus, relative to most consulting firms, is that Stax only rarely sends employees to work onsite for clients, so there's relatively little travel involved. Associates might make 2-5 trips each year for meetings, but you're not living 4 days a week on the road.

    Cons

    Stax has room for improvement in certain HR functions: recruiting, staffing, personnel development, promotion, and compensation. These were not factors in my decision to leave, but they were sources of frustration. Stax is improving, but still has a way to go.

    Advice to Management

    Millennials are notoriously difficult to manage, demanding constant feedback, clear paths to advancement, perks, and compensation that rises in line both with our productivity and with competitive demand. I believe there's a strong business case for meeting these requests, especially in professional services. By figuring out what top employees want and giving it to them proactively, top firms (think Google) boost both productivity and employee retention enough to more than offset the resulting costs.


  7. Helpful (3)

    Amazing opportunity to learn and grow professionally

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at Stax, Inc.

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Stax is a great place to truly learn about management consulting. You do not need to have vast consulting experience to excel here, particularly as management and coworkers are 100% willing to teach and mentor until you get legs beneath you. If you are looking for professional growth and M&A deal visibility this is a great place to be.

    Cons

    Fast-paced and work/life balanced can be strained, but certainly no more than any other firm in this industry.

    Advice to Management

    More transparency


  8. Helpful (6)

    Smile & Dial, full timers take the credit for your hard work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contractor in Boston, MA
    Former Employee - Contractor in Boston, MA

    I worked at Stax, Inc.

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Flexible hours (because you're being paid by the hour as a contractor); nice office on Boylston St; good interim job due to contract status

    Cons

    Dysfunctional management; poor employee treatment; dismal communication w/ contractors; poor work/life balance for full-timers; horrible employee morale; generally poor working atmosphere

    Advice to Management

    Provide better communication; foster better morale; get involved with day-to-day work; clearly outline expectations and opportunities for contractors; be less miserable and perhaps it will "trickle down"


  9. Helpful (6)

    Good place to get your feet wet in consulting.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at Stax, Inc.

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    Great place to learn consulting. Friendly and collegial people. Low stress environment. Fairly flexible with the schedule. Good place for contract work.

    Cons

    VERY low pay. Supposedly there is an increase in pay with more experience, but you are never told how or when, if ever this happens.

    Advice to Management

    Offer more money!


  10. Helpful (3)

    Great place to learn on the job instead of sitting around and reading

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Associate in Boston, MA
    Former Employee - Project Associate in Boston, MA

    I worked at Stax, Inc.

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Lots of exposure to different work. Can learn very fast. If you want to be brought back in, you have to work hard.

    Cons

    Can be expected to pick up knowledge in rapid pace. Some managers are intimidating.


  11. Helpful (4)

    Good learning Experience

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant in Boston, MA
    Former Employee - Senior Consultant in Boston, MA

    I worked at Stax, Inc.

    No opinion of CEO
    No opinion of CEO

    Pros

    Great intro to consulting field.

    Cons

    No training. You get thrown in the water.

    Advice to Management

    Believe in people. Invest in people.



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