Stay away - Manager Fastic Employee Review

Thank you for your review. We value your honest feedback as it’s critical for us to guide improvements of the employee experience and can empower positive change. To ensure a more transparent, fair and competitive salary structure, we rolled out our very first salary model this year that objectively calculates salaries for all employees based on measurable criteria. This considers role, performance in relation to the role as well as the respective cost of living at the remote location. With this new model, we have implemented an important further step in our People Strategy. We will optimize this model over the next few years as our business evolves and continues to grow. In addition to the compensation model, we have established a regular 180 degree feedback process which sets clear parameters. We are in the planning phase of creating a 360 degree feedback process we can roll out next year. I would like to apologize for your experience during the restructuring process. We recognised there was a lot that needed to be improved in terms of the communications and the delivery of the communication here. Regardless of our learnings here, we have put the company on a solid financial foundation so that this type of situation does not have to happen again. We are excited about the future of Fastic and to continue to learn and evolve to the very best business we can be. On behalf of the Fastic team, I would like to thank you for your contribution to the Fastic vision. We wish you every success and only the best for your future career. Florian, CEO