Interesting Space with Poor Management - Anonymous employee Canopy Employee Review

2.0
Jun 2, 2021
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Exposure to relevant fintech concepts and technologies - Ability to build systems and processes, and take on responsibilities outside of your core functional area - Opportunities to engage with international clients and custodians - Some incredibly smart and hardworking co-workers, though most of the good ones eventually leave - Supportive managers on the data team who are shackled by poor management decisions

Cons

- The management routinely over promises and under delivers in a bid to grow sales. The team is then left to contend with deeply unhappy clients. - Compensation is poor. You are not rewarded fairly, even when you go above and beyond. - Very long hours, with no overtime pay. - Employee share plans are not adhered to despite being billed as an important part of compensation when you first join. - There is no product focus. Deployments are slow and there are a slew of half baked fixes and manual processes that prevent scalability. - The high attrition rate and stingy hiring policies make it difficult to build a strong and reliable team. - The top leadership is not clear or transparent about the company’s strategy or direction. The CEO has minimal engagement and visibility to those outside the management clique, and purposefully chooses to ignore well known problems such as compensation.

Explore other reviews about Canopy

5.0
Dec 28, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

great people, good salaries, great mission

Cons

small company if you want a huge impact it's a small area, but a big impact in that area.

4.0
Mar 5, 2019
Recommend
CEO approval
Business Outlook

Pros

- BIG PLUS: Flexible working arrangements (remote) --time and location. - GREAT team-mates. Everyone is super helpful and work with each other with almost no politics (no back-stabbing, no blame game) - NICE team-work. It is good now, but initially, the (new) CTO was kinda hard to work with (culture-shock for him and the team). HOWEVER, a lot has changed with time --after he got to know the team and system better. Now, it is a much better working environment. Seriously, the team is SUPER. Don't know about the other departments, but the Development team is a good environment now (kudo's to the effort put in by the CTO).

Cons

- Salary sucks (below market rate --sure, company is still in a burning-stage, but its hard to retain talent with this salary). - Bosses have difficulties sharing the long-term plan/end-goal, and action-plans. - Several key/important people left the company during the last HR shake-up (which is needed as part of a startup's journey), so a lot of knowledge, skills and history (why things are the way they are now) are missing, causing clouded system requirement/scoping. - Developers need to "fill in the blanks" due to incomplete requirements; many times doing require scoping, impact analysis. acceptance criteria --causing a lot of stress on getting it right (and easy to get things wrong). - Job INsecurity as there is little surety in the contract (1 month notice with no extra compensations)

7
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