Great ideas with poor execution - Anonymous employee Statflo Employee Review

2.0
Dec 22, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I have been working here for just under a year and can say this much: As far as startups go, Statflo does a few things right. They have a great office space with amazing views, an awesome and super talented team of people working for them, perks such as company outings and weekly team lunches not to mention a state of the art Nespresso machine and a Starbucks coffee machine plus a fully stocked kitchen. The CEO is energetic and he tries to share company vision and goals with the rest of the team. However, he only shares about 60% of it. Which, given other companies, is still better than most. He seems to care about certain people and if you are one of those, you have it made here. The product is a great product and some of their clients are the best in the industry. Everyone working on the product is young and ambitious and super smart and as such, are great fun to work with. Benefits package is pretty decent and the only thing missing is a pension plan and vision coverage!

Cons

To give a fair assessment, the key issue within Statflo lies with the executive team. With the exception of 1-2 executives, the rest of the individuals serving on the board are either not ready for leadership, immature or completely unsupportive. They do not make you feel appreciated at all and you do not feel like they will support you in any of your ideas. Another issue is the way we hire and fire people. We always tend to hire the wrong individuals in the higher positions who then do no work. These same 'bad eggs' then get to choose what area of the company they want to work in while the rest of us hard-working people get forced into a job we do not want. This leads to a lot of people quitting or if the execs made a bad hire on a jr level, they are quick to fire. Since I have started we have lost over 10 people already and 5 of them were within a month. It is a shame because if management cared more about these individuals, we would be unstoppable as a company. Salary is below average for the most part. It is a startup and they will try to take advantage of your 'youth' to pay you less and then shift you into a more demanding role without a raise. You will have to negotiate well before accepting a job here and make sure you get everything documented or else you will never see a raise or bonus.

Explore other reviews about Statflo

5.0
Dec 17, 2021
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Everyone is just supportive, encouraging and approachable. The culture is already amazing and management continuously look for ways to improve it, kudos to that. There is so much room to grow and learn (professional and personal) AND people/management provides you training and advice to grow. Work-life balance is great, even when we're WFH there is time to get together Great benefits & nice office location

Cons

None at all, it's an incredible place to work with.

4.0
Aug 26, 2025
Recommend
CEO approval
Business Outlook

Pros

Fast paced Learning Environment Great people Great culture

Cons

Compensation runs low Difficult to negotiate

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