Where to start…
The company was a small local start up that was growing and doing really well until private equity came in. The original c-suite is now gone and replaced by people all over the country. The company culture is dead and gone. There are no values and the joy of working there is gone. You might ask: well don’t you get more money in exchange for the rest of the “perks”?
Ha. Ha. Ha.
The “huge” investment has been used to pay the salaries if the new regime of strangers that replaced the c-suite that knew all of their employees and genuinely cared about them. There have also been a few small acquisitions to “enhance” the overall product. But for those that were employed before the take over, we have barely gotten crumbs. Promotions used to always be from within but now it’s a bunch of remote randos that may come to HQ once or twice ever. It’s easier to mess over people you don’t know.
And mess over they have! Bonuses have become a joke. The last performance review was an insult. Many people who had great performance reviews got literally nothing. Why? They were already paid “too much”. So the generosity of previous ownership has been replaced with an ethos of: these longtime employees are making too much money, they’re entitled expected to be squashed.
Bottom line: if you want to work here you do you but expect the bare minimum in pay and benefits. If you hear that this was a company that treats employees well, that is the old Netchex and that has died.
Also the thumbs up for the CEO is for the original. It hasn’t changed on this site but we’re also on the 3rd iteration of CEO since the originals were “retired”. The ratings for the subsequent ones would be significantly less positive
