Overstock.com - A late phase startup struggling to be profitable. Lots of smart dedicated people with reasonable working hours. | Glassdoor
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There are newer employer reviews for Overstock.com

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Helpful (5)

"A late phase startup struggling to be profitable. Lots of smart dedicated people with reasonable working hours."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Salt Lake City, UT
Former Employee - Anonymous Employee in Salt Lake City, UT
Doesn't Recommend
Approves of CEO

Pros

If you like to Ski, hike some of the best in the country is only 20-30 min from the office and they are in need of many Java developers and QA. You will not get overworked unless you want. The non management employees are all nice people and fun to work with. Most are highly skilled but underutilized. The pay for developers is fair for the middle of the country.

- Housing (renting) is very reasonable and very negotiable in SLC area.
- Great outdoor activities very close to work
- Traffic, what traffic?
- Easy to live 10-15 min from office
- Great Skiing, Hiking very close to everything.
- Everything is 30min away including Park City which is a very commutable distance.
- Other tech companies are moving into SLC such as Google, EBay, Goldman Sachs, Microsoft

Cons

The company sells its self as a mature company with lots of potential for growth and profitability yet Sr Management is unexperienced and behaves like an early stage startup. An example of this how often they re-organise which is about as often as the wind changes direction. You just might get moved out to SLC and find yourself re-orginized out of a job with no return ticket. The separation is two weeks pay + unused vacation.

- Don't sell you house if you are moving to SLC from afar, rent it.
- Once you start, forget what they told you during the interview process. They are not looking for any constructive criticism or input for improvement to their systems. Keep your head low, do you job as asked and no more.
- If you have not been there for 4-5+ years your an outsider. Remember this.
- Vacation time is 15 days but that includes your sick days. Don't get sick or go to work when your sick.
- 401k does not start for 6 months
- Do not make yourself known at the SVP level. If they don't like you or have a bad day, your gone quicker than a roll of the dice in Vegas. It does not matter how much value you have added in the past.
- Winter pollution inversions are just nasty. Worst air in the country for this entire week.
- If you have kids the public schools in UT (Other than Park City) are about as bad as they get. So you will have to look into one of the two high end public schools both of which are about $15k/year/child. The other private schools seem to only be a bit better than the public schools but nothing like the schools on either coast and are religiously oriented.
- The moving bonus requires you to stay for a year or pay it back.
- Most of the upper management have only worked at Overstock or perhaps one other company after getting out of school. They do not understand how the rest of the world operates have have a very ignorant view of it.
- Huge culture shock if you are not a member of the XXX Church.
- If you are a really smart creative person, you will not have the opportunity to express yourself here.
- If you need a job for a year it might be a place to work until the economy gets better.
- You might want to not accept any "moving bonus" which would give you the flexibility of leaving when you want.

Advice to Management

There are some very smart people working for you but they are not allowed to challenge the "old timers" without fear of reprisal. This comes from the top down. Several of your upper managers (business and technology) are not qualified to be leading at the level they are at. Promotion from within is a great idea but just because someone has been there for many years does not qualify them to lead. A mature company needs a mature management team which does not make emotional knee jerk decisions.
Have an outsider evaluate your Sr management team and help you determine if they are the proper people to run you business. The current team will/is failing you and will not allow you grow as you would like and need.

Other Employee Reviews for Overstock.com

  1. Helpful (2)

    "Could be better, could be worse."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Recommends
    Approves of CEO

    Pros

    Semi-decent pay, good people, good benefits, seemingly decent job security.

    Cons

    Did not get a raise last year and my cost of living has tripled. I've been passed over for a well deserved promotion more than once.

    Advice to Management

    Please give raises to those who have worked hard to earn it.


  2. Helpful (1)

    "One opinion of Overstock as a place to work."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Recommends
    Approves of CEO

    Pros

    With few exceptions, everyone I work with genuinely loves working here. They are all hard workers and knowledgeable concerning their job functions. Most of the people here have worked their way up and are familiar with the business processes to complete their assigned tasks. They are fair in all aspects of work.

    Cons

    At times it is difficult to determine just how much my contribution is valued. I don't need a consistent pat on the back but a monthly pow wow would be very helpful to assess just where I and my team mates are with management.

    Advice to Management

    enforce monthly team meetings. I know some don't like them, but it's better to have all team members know where they stand in the company than to have them go about their daily duties wondering if their contribution is meaningful.

There are newer employer reviews for Overstock.com
There are newer employer reviews for Overstock.com

See Most Recent

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