Hope for the Future... - Current Employee - Manager Instem Employee Review

3.0
Sep 9, 2024
Recommend
CEO approval
Business Outlook

Pros

As of this month (Sept. 2024), the entire c-suite has been replaced, which in my opinion, is a GREAT thing. The old c-suite was ineffective and made very poor decisions, did not take accountability or responsibility for their choices. I am hopeful that the new executive team will change the trajectory of our business model, making us profitable and improving the workload and confidence employees have in leadership. 401k matching up to 5% which is nice. Work-Life balance is great. Enjoy working from home and not having to commute to an office. The company is global so you will work with people all over the world in different time zones and people try their best to make meetings work for everyone.

Cons

The company has had much turmoil in the past 2-3 years. We had a major layoff of 60 employees (handful of which were very good, productive workers) in early 2024 which resulted in more work with no pay increases. Tons of pressure and unrealistic expectations for employees, a decrease in pay and career opportunities, tons of stress and worry about the future with little to no real communication or empathy. If you live in the USA, the healthcare package is poor. Very basic with almost nothing covered. No defined career paths or understanding of where you can move within the company. No training or encouragement from upper management. Departments are siloed. There is poor communication between departments. It doesn't feel like the same company when working with other teams. That could be because of poor management or how the former C-Suite ran things, hoping for a change in the near future.

Explore other reviews about Instem

5.0
Jun 15, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people, the benefits, the values

Cons

Rapid growth brings a lot of change--but this is being handled proactively and is being well communicated

3.0
Feb 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team. Good benefits and communication

Cons

Since equity purchase culture has suffered with layoffs and always focused on financials

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