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LeverPoint Management

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LeverPoint Management reviews

2.6

35% would recommend to a friend

(42 total reviews)

David MacPhee

47% approve of CEO

34% positive business outlook

LeverPoint Management has an employee rating of 2.6 out of 5 stars, based on 42 company reviews on Glassdoor which indicates that most employees have an average working experience there. The LeverPoint Management employee rating is 30% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

42 reviews
1.0
Jun 7, 2018
Recommend
CEO approval
Business Outlook

Pros

The coffee seems to be the ongoing pro for this company. If you like the taste of coffee brewed in a pot that has not been cleaned since the company opened and with a flavor of stored on a mildew mat they have your brew. The extra wait as it slowly brews from its hard water crusted spout is definitely worth it.

Cons

Management! The CEO will deliver time to time how people are such a valuable part of the company. None of the employees buy it and its condescending. If this was the case, I am pretty sure turnover would be under 50% for skilled professionals in a client service business who chooses this company over going abroad. The current employees are scared from a past review that posted here. Management pulled internet history to figure out who was on GlassDoor at the time of posting to find the culprit! The culprit is you dear "Leave"erpoint and freedom of speak plus the helpful GlassDoor. All managers were pulled into a room and literally screamed at and given the "get on board or get out talk." The top 3 Executives never come out of their office and do not even know their own Managers names. They are aware but have no desire to change. The three constantly are bashing and name-calling each other behind their backs which makes any meeting awkward AF. Managers encourage their staff to not sign off for the four year owning your soul commitment for a cpa reimbursement that is minimal. *Note: good employers won’t care and will give you a sign on to reconcile these costs (it is minimal in the grand scheme of getting a good employee). HR is not confident and are puppets designed to take the fall and deliver the archaic values the company really stands for. I'd save the space on your resume with this company.

1.0
Oct 8, 2020
Recommend
CEO approval
Business Outlook

Pros

Great teams to work with on the staff and senior levels. Good remote opportunity. Okay benefits.

Cons

Please listen to Glassdoor reviews. I have spent some time in this industry for multiple PE admins and this is by far the worst. Extremely unorganized teams, lack of planning, zero, I mean ZERO, training, and really no upward feedback mode. All my complaints were promptly ignored from week one. You’re given work, and a lot of work, before you even get one walk through or training. The teams are so unorganized that you’re often thrown around because there’s a massive lack of capacity for the accountants who are actually assigned to those clients. Every minute of your day needs to be precisely monitored because they worry about budgets more than employees truly mastering the funds. After working for multiple PE firms I can honestly say coming here was regrettable. The benefits do not outweigh the massive issues. Avoid if you can.

1.0
Oct 30, 2019
Recommend
CEO approval
Business Outlook

Pros

You work long hours with your coworkers and therefore develop strong relationships with them. There is so much turnover that career opportunities arise often and there is an ability to move up in the company at a set pace, but most people don't make it that far because they realize how terrible the company is to work for. It's amazing how much better life is when you work somewhere else and you're appreciated for your contributions and hard work. See below for details . . .

Cons

Underpaid and overworked, anyone who takes two minutes to look for another job realizes immediately how terribly LeverPoint pays and how they take top performers for granted and eventually force them out of the company. Accounting typically has a higher turnover than other career fields, but LeverPoint's turnover is insane. They average losing about 50 people a year (25% of their employment base). In the past year, multiple associate managers, managers, and directors have left. It has gotten so bad that out of approximately 200 employees, there are less than 25 that have been at LeverPoint for more than five years. Positive reviews are padded by HR and upper management, so take everything with a grain of salt. A few months ago, the reviews on Glassdoor were so poor that the company begged current employees to leave reviews to boost their image (and then LeverPoint went from 1.5 starts to 3 overnight). If you notice, for every negative review, there is instantly a glowing, but vague review a few days later because they're trying to pad their ratings. Take consideration and read reviews by people who have been employed by LeverPoint longer than two years, anyone who says the office is empty by 5:30 and no one is here on the weekends doesn't understand the business or the multiple departments at LeverPoint at all. Working for a growing company can be exciting, but not at a toxic company that pins teams against each other, makes false promises in order to keep employees, and is led by managers and directors who have no business managing people. The technology is awful, internet is spotty, programs crash because the servers are overloaded and because the bottom line is so important, they no longer use the most popular PDF reader and editor, instead opting for a lesser more inefficient version. The CPA program is horrendous, and the company will hold you hostage for $3,000. Managers and Seniors tell their Staff not to sign up for it, so keep that in mind if you're choosing to go down that route. Rather sexist environment, hearing a manager state that they're apprehensive about hiring a woman because she recently just got married and may start a family soon and "that is something that they would have to consider . . . " is never a good look . . . Local colleges don't recommend their students to apply for jobs at LeverPoint because the pay is so poor, therefore prospective applicants don't have the best resumes because they can easily get a job somewhere else. The company doesn't care about that though, they're often just looking for warm bodies and maybe one out of ten employees to stick around for longer than two years.

Viewing 1 - 3 of 42 Reviews

Glassdoor has 42 LeverPoint Management reviews submitted anonymously by LeverPoint Management employees. Read employee reviews and ratings on Glassdoor to decide if LeverPoint Management is right for you.