Vault

  www.vault.com
  www.vault.com

Vault Reviews

Updated August 21, 2014
Updated August 21, 2014
9 Reviews
2.8
9 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Mark D. McDonnell
3 Ratings

Employee Reviews

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  1.  

    Great company UNTIL it was acquired by Infobase Learning

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales in New York, NY
    Current Employee - Sales in New York, NY

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

    Pros

    The few employees that remain work in sales, research and editorial; mostly supporting the Legal vertical. These employees are dedicated, knowledgeable and great to be around. There are also a handful of sales people that sell subscription services to colleges career offices. The small team of sales and research employees are what's left of the original company; without them there would be NO reason to consider working here.

    Cons

    The acquiring company (Infobase Learning), is majority owned by the CEO and a private equity group (VSS). The ONLY thing the owner cares about is $$$. Every year there are layoffs and every year departments get their budgets cut. You can imagine the working environment this creates...actually, you can't until you work here. Every year you have to perform with less support, less marketing, aging product and inferior technology. Fellow employees, Vault and Infobase Learning, constantly complain about their pay (no raises in years), poor website development, the management, and the Infobase Learning benefit's package. The number one reason people leave here is low pay, NO employee recognition, over monitored work environment (email & phone calls), NO raises and technology that is flawed or simply doesn't work.

    Advice to ManagementAdvice

    Sell us to a company that "gets it".

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

    A great company till it was acquired by Infobase

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager in New York, NY
    Former Employee - Senior Manager in New York, NY

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

    Pros

    Great Work Environment, Great People, Chance to excel and grow.

    Cons

    After Acquisition the company laid off a lot of people, the direction is cloudy and the C executives won't to show positive revenue by cost cutting.

    Advice to ManagementAdvice

    Learn about the digital space before one acquires a digital company.

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

    We are becoming irrelevant to our audience

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

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

    Pros

    We have provided career related content to some of the most prestigious academic institutions in the world through Vault.com and Career Insider, now Vault Campus. The company was acquired by Infobase Learning, a publishing company, several years ago. Infobase Learning, as another co-worker recently published, has reasonable hours and is located near Penn Station. Commuting here is easy. Virtually everyone piles into the elevators at 5:00 PM.

    Cons

    What used to be a very entrepreneurial company with co-workers that loved their company is no more. The management team from Infobase Learning has squashed the entrepreneurial spirit of Vault. Marketing is non existent (our traffic is at the lowest point ever) and our web development team takes months to make needed changes to the website. Vault has gone through year after year of layoffs. Most recently we released our Chief Revenue Officer, the backbone of Vault, along with another very knowledgeable employee, who oversaw a sales department and survey enrollment. We now have less than 20 people.

    As mentioned in another co-worker's review. Vault inherited Infobase Learning's dysfunctional corporate culture. The CEO micromanages every aspect of the company. Everything is monitored, your work space your email and your phone calls. The pay is low and the benefits are costly. Not that you can afford it, but there is no 401K matching.

    Advice to ManagementAdvice

    None. I'm not optimistic about the future of Vault. I've finally made the decision to leave.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    A dysfunctional company that's lost in another dysfunctional company (Infobase Publishing)

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

    I have been working at Vault full-time

    Pros

    Vault law group is very well respected. Flexible work hours so you can take off without much hassle. The few employees that remain make the work environment almost sufferable. "We're in this together". If you can afford to work here, it is a place to start your career.

    Cons

    The pay is not good. You start low and there are no raises, ever. The benefits are minimal. Healthcare is costly to purchase and you still pay high deductibles. No development resources; updates take forever; no investment in marketing; HIGHLY monitored work environment. Layoff after layoff of good employees; no, great employees. Why?

    Advice to ManagementAdvice

    Work on the "Cons"

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    A company that really cares about its business and employees equally!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Manager in New York, NY
    Former Employee - Product Manager in New York, NY

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

    Pros

    The mission is amazing and they promote within. They are for their employees and make sure appreciation is always given. I always felt supported and needed. my manager and coworkers work together to make sure everyone felt confident. The perks are great as well!

    Cons

    My commute is long, since I live in NJ.

    Advice to ManagementAdvice

    Keep up the good work. With the new resource live, the company is going to continue to grow and grow, because management knows what they are doing.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 2 people found this helpful  

    Ironic - the company that profiles other companies' working conditions was pretty shitty itself.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Vault

    Pros

    Some very nice people there.

    Cons

    Um, salary cuts and 7 or 8 rounds of layoffs? blatant cronyism? no HR department?

    Advice to ManagementAdvice

    VC firm that bought company installed a CEO that did not have the talent to see the company through an economic downturn. He was very good at hiring his buddies though.

    Doesn't Recommend
    Disapproves of CEO
  8. 2 people found this helpful  

    Scoop on careers with a career publishing company

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

    I worked at Vault

    Pros

    Great co-workers, decent benefits, pretty regular schedule for a publishing/internet company

    Cons

    The company is struggling to survive right now, but that is pretty typical during the recession. Not as many opportunites to advance as I would have liked.

    Advice to ManagementAdvice

    Employees are worried abut the company's future.

    Doesn't Recommend
    Approves of CEO
  9.  

    Great place to launch a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Vault

    Pros

    company positioned for growth - great training ground

    Cons

    recent layoff means bigger workload for survivors

    Advice to ManagementAdvice

    be open and visible

    Recommends
    No opinion of CEO
  10. 1 person found this helpful  

    Unrealized potential

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager in Mumbai (India)
    Current Employee - Manager in Mumbai (India)

    I have been working at Vault

    Pros

    Vault.com is a great brand. It has a huge potential and it operates in a market which is virtually recession free. It has a very niche market to itself and virtually no competitor which places it in a very enviable position.
    There was a great amount of sharing of ideas between us.

    Cons

    The management I believe is not very sure about how it will make the best use of the market where Vault is in. It is confused on where it sees Vault in a long term. Is it into media space, education space, career or both.

    Advice to ManagementAdvice

    COncentrate more on the education part as it is going to really improve the company valuations that going for the sponsorship model only.

    Doesn't Recommend
    Disapproves of CEO

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