Genscape Reviews | Glassdoor

Genscape Reviews

Updated June 14, 2018
73 reviews

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3.8
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Genscape CEO Jon Ecker
Jon Ecker
2 Ratings

73 Employee Reviews

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Pros
Cons
  • "Like any company experiencing rapid growth, there are sometimes some growing pains" (in 5 reviews)

  • "The children who have mistaken the urinal for a toilet and drop a number two in it, make it to the leadership team" (in 4 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (1)

    "Growing Company, Great Opportunities!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Genscape full-time

    Pros

    Employees are encouraged to take control of their own career, and develop in a way that is interesting to them. Great culture with a focus around work-life balance and employee development. There are opportunities to expand your skill set and pioneer new programs or products that are of huge impact to the company.

    Cons

    Rapid growth comes with growing pains. Sometimes required to be reactive in daily practices rather than proactive and forward thinking. Need to ensure appropriate levels of staff to support the growth we are experiencing.

    Advice to Management

    More focus on manager development. The focus should continue to be on the people to continue the innovation we have been experiencing, and this will come from well equipped management.


  2. "Great Company!!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Energy Analyst in Boulder, CO
    Current Employee - Energy Analyst in Boulder, CO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Genscape full-time (More than a year)

    Pros

    Genscape offers arguably the highest quality and most accurate product on the market for data and analytics. The analysts here take pride in what they do, and it shows in the reliable data and excellent customer service. You learn a lot about the back-end data analytics, but also about how the market works. Genscape really values their employee's ideas and contributions, and works hard to create a culture of inclusivity and team work. We often go out for trivia after work or lunch and drinks on a Friday! They also offer a very flexible work schedule and respect your personal life.

    There has been change with a new CEO, new ideas, and some employee turnover. Every company in history has gone through this. This company has a strong backbone, and the CEO/upper mgmt are making changes in processes that should have been implemented years ago to give us a strong future. Some people really don't like change, however it is a necessary part of progressing a business forward and keeping it strong and stable.

    Cons

    Not as many professional development opportunities as at other, potentially larger, companies. Overall pay/salary increase/bonus may be less than competitors, dependent on office location and position.

    Advice to Management

    With the overall changes in the company, management in our department has taken employee suggestions and concerns to heart and communication between offices and verticals has actually been much better than before and continuing to improve. Thank you for listening - please continue to do so

  3. Helpful (9)

    "Red flags everywhere. Stay away until things improve."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Genscape (More than 5 years)

    Pros

    Good people
    Free food and drinks
    Everything in the other good reviews

    Cons

    Genscape used to be great, but right now is the worst time to join
    Company having serious issues.
    Profits are down
    Sales are plummeting
    No new product ideas
    High turnover. People fleeing like rats from a sinking ship
    Existing product line is already years behind the competition

    Parent company DMGT lost 120mn$ in 2017, so lots of pressure on this one

    No performance reviews. If they do, they aren't used or have no impact on promotions.

    Nothing get done because DMGT is running things now. Can't refuse their demands so the leadership team just roles over and lets them abuse people who have been loyal to the company for years.

    Morale is extremely low.

    Advice to Management

    Grow a backbone and stand up for your employees


  4. Helpful (1)

    "Great place to start a career in the energy industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Genscape full-time

    Pros

    Great culture (people focused, collaborative, and fun)

    Cons

    Energy markets are complex and can be difficult to master

    Advice to Management

    None


  5. "Great first step into commodities, analytics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Oil Market Analyst in Louisville, KY
    Former Employee - Oil Market Analyst in Louisville, KY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Genscape full-time (More than a year)

    Pros

    Surrounded by talented, fun coworkers
    Lots of learning and development opportunities to take on stretch assignments
    Role is what you make of it
    Office space is beautiful

    Cons

    Open office floor plan makes it hard to regulate noise level/focus
    Flat organizational structure makes it difficult to advance upward
    Often work odd hours due to when reports go out or software releases

    Advice to Management

    Genscape is an awesome place to land right out of college. The unique space that the company occupies in the industry makes it a great vantage point to observe how commodity markets move and operate day to day. I'm very grateful for the experiences I had and the skills I learned while at Genscape.

    That said, pay analysts more - commensurate with what is expected of them. An entry level person that is paid on the lower end of the average salary range shouldn't be expected to be a point of contact on releases or be tethered to their laptop at weird hours/on weekends. Either pay more or adjust expectations to an appropriate level relative to pay.


  6. Helpful (3)

    "Doesn't live up to the hype ..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Genscape full-time (More than a year)

    Pros

    - Very nice office space and work place perks
    - Somewhat flexible hours allows for work life balance
    - Fun work environment and co-workers
    - Great place to gain entry level experience in commodity markets

    Cons

    - Pay is substantially below the market average
    - Benefits are just ok, nothing special
    - Management lacks initiative and projects lack planning/funding
    - Teams are siloed with very few opportunities for advancement
    - Managers seem to of been promoted by default because they stuck around while others left for better opportunities outside the company. This is evident in the way they manage their teams and their lack of management skills.
    - Work can be repetitive
    - Don't be fooled by "Best Places to Work in Kentucky" awards. Companies pay to be included in these rankings.

    Advice to Management

    I would start by doing a complete overhaul of employee pay and benefits. Have HR do a compensation study to better align pay structures with job assignments. Develop an employee promotion system that allows employees to understand how and what needs to be done to advance within the company. Ex. Associate Analyst, Senior Analyst, Manager etc. Focus more effort on things that will drive the company's bottom line like project development and employee retention and less effort on free lunches, alcohol, and elaborate parties. Yes these things are nice perks but I guarantee employees would be more excited about better pay/benefits/career advancement/stability than free food or alcohol.


  7. Helpful (10)

    "Great Company - low pay and long hours! YAY"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Power Market Analyst in Boston, MA
    Former Employee - Power Market Analyst in Boston, MA
    Neutral Outlook

    I worked at Genscape full-time (More than 3 years)

    Pros

    I honestly have nothing good to say about this company. They spend all of their time boosting about how amazing they are, but in fact, they have some serious issues with people management. I guess one good thing is they will hire anyone, they do not care about your work experience.

    Cons

    I thought I would take a few minutes and describe the kind of people who do well at Genscape and the ones who make it to managers.

    I first need to say, that are some incredible people are Genscape, who are unrecognized because they do not fit the image they like – but they are incredible. The best way to describe the people who do well at Genscape is through an analogy. You know when you are in grade primary and the teacher asks you to color quietly? In the group, you generally see kids coloring away, some outside the lines and some inside. These kids do not grow up and do well at Genscape, they become poor performers. You know the one kid who is “secretly” eating their crayons? These kids are grow up to become superstars at Genscape. If you bring crayons to your interview, I guaranteed that they will be gone by the end.

    Now, the leaders at Genscape are from whole different world than the rest of us – they are some interesting people. You know in middle school when you go to the washroom and see another child using the urinal with their pants down to their ankles? These kids will become managers at Genscape. The children who have mistaken the urinal for a toilet and drop a number two in it, make it to the leadership team! They have incredible confidence and complete disregard for anyone else.

    To be amazing at Genscape, you need to fit the description above. Perhaps you enjoy eating crayons and/or pooing in urinals. If so, you have found the right place to work! If not, you will have a hard time here.

    Advice to Management

    I am sure my review will be taken down, but I want to make it clear that to ignore you have disgruntled employees is not the right way to do things. Take the feedback and learn from it. Also, the urinal is not to be used as a toilet - come on guys...

  8. Helpful (9)

    "Great culture, but Understaffed - Boston Office"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Power Market Analyst in Boston, MA
    Former Employee - Power Market Analyst in Boston, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Genscape full-time (More than a year)

    Pros

    Groceries delivered weekly, stocked pantry with snacks, catered lunch twice/month.. Relaxed dress code and young/fun/social culture.

    Cons

    Due to staffing issues, many analysts are forced to forego unused vacation days and work week is much more than 40 hrs. Average tenure of an analyst in Boston office is ~2 years.. Management does not hire to keep pace with outgoing analysts leaving teams of 4-6 analysts routinely understaffed by 1-2 analysts.

    Advice to Management

    Hire faster. Don't be too picky with candidates. If you're going to be picky then offer more competitive compensation.


  9. Helpful (1)

    "Great Place with Even Better Potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    Pros

    Great culture, smart and fun people, work hard play hard environment, customer focus, very good products

    Cons

    Trying to do too much and not finishing enough, not enough interaction between various product teams


  10. Helpful (4)

    "Louisville office - Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Louisville, KY
    Current Employee - Software Developer in Louisville, KY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Genscape full-time (More than a year)

    Pros

    Free snacks and drinks of every kind, including alchol. Catered food every fridays and sometimes randomly during the week. Basically, you are always well fed.
    The coffee is always flowing, pretty much any creamer you can imagine. There is also a full kitchen if you like to cook.

    Great office space.
    Onsite gym with trainers and showers.
    Excellent work life balance and work from home time .. though it might depend on the team.
    Great benefits.

    Some travel to other offices since it is spread out across the globe, which can be nice for some people who like to travel and see other cities.

    Generally nice and friendly people.

    Cons

    Genscape is a provider of energy and commodities information. So there is no down time.

    Like other reviewers mention, the quality of managers is pretty bad in general. Most of the managers are the people who never left.

    The tech stack is still a few years behind the times. A lot of apps were built 15 years ago and are still heavily relied upon - these have ended being the bread and butter of the company.

    Advice to Management

    Hire managers who fit the culture and manage well.
    Fix the crumbling infrastructure before its too late.


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