Overstock.com Employee Reviews about "work life balance"

Pros

Work life balance is good but they are not growing

Cons

They fire people when their projects go wrong and most of them do

Pros

*401k, *the people in the trenches are hard working and innovative. *Compensation is at market for most

Cons

*Constant turnover at the highest level of the company. In the last two years we have lost our SVPs in people care (HR), business development, technology, and legal. Look at our 5 year turnover rate of the leadership group. We have also lost several VPs, Sr. Directors, Directors and Managers. Although these are spun as people moving on for personal growth many of us see how people are forced out. *Work life balance: This should be called work balance because you have to balance work and hope for a life. While it is understandable to have to do some long days while part of management this is beyond. People, myself included, have cancelled vacations, missed recitals, games, graduations, weddings, funerals, and more. Meetings are a way of life in the company lasting into the early evening making it very difficult to plan anything outside work. *Nepotism: Amazing how family members of the highest ranking people in the company are all in fortuitous positions ( we call it the first family- that should be self explanatory). *Fear based leadership: I have seen numerous people reprimanded in a group setting, so much so they left the company. It is not uncommon for the President or SVPs to call a person into a meting and publicly humiliate them. I have also seen a manager, director or sr. director lose their job carrying out the vision set forth by the senior executive team and then vilified after they leave. People in all areas of the company are in constant fear the President will release her rage on them and they will be out of a job. This should not be a surprise since the motto is 'if you are not going to kick a man while he is down, when will you kick him'. *Talking out of both sides of our mouth: We celebrate our military service members (as well we should) by touting their leadership and other abilities. Where are they? All our military who were in leadership roles are gone. What happened? good one day gone the next. Does our culture not mesh with their traits? Great we support Wounded Warrior Foundation and Special Warrior Fund, but money donations are not everything. Give a man a fish... *Tail wagging the dog: If our Senior Executive team is not going to back and trust our 'leadership team' (VPs, Sr. Director and Directors) why have it? *No direction: we rarely give an idea or new business unit a chance to take off. Each project is given minimal time to correct bugs before someone feels they need to swoop in and save it or scrub it and move on.

Pros

Work life balance is good

Cons

->Bonus = null ->Don't know the priority of the projects. In fact management people don't even know what's going on and just demand the developers to do what's said without even knowing the feasibility. ->Poor pay -> No job security ->->You never know when you will be fired without any reason.

Pros

Very focused on good work/life balance. Opportunity to work with great people and cutting edge technologies. Compensation is competitive.

Cons

Upper management is constantly changing which leads to continues shifts in marking initiatives that seem to hurt corporate profitability.

Pros

The people are great people

Cons

They tout work life balance but it’s an illusion

Pros

Very skilled and knowledgeable co-workers Excellent Managers and Directors in the operations department The pay is very competitive Strong encouragement of work/life balance 401k and Health Insurance are great

Cons

Lots of work to do, not enough people to do it.

Pros

The 'extras'. Lagoon Day, benefits, counseling (get this it's on-site..that should tell you something), Overstocktober celebrations.

Cons

Have PTO? Too bad, you can't use it. Work/Home life balance is awful! Don't speak up or speak out about things that may be wrong, you will get fired. It's the new tyrant CS VP leader, don't let her fool you, she's the devil in disguise. The Overstock they once were and boasted about is dead. There's too many cons I could go on for days so I'll end it here.

Pros

Overall Overstock was a good place to be a developer. At the time the tech stack was modern and the work life balance was great.

Cons

There were massive layoffs when I was there (mostly non-tech)

Pros

Great work life balance Great co workers (depending on team) Facilities are really nice IE cafe, gym, health clinic The work life balance is great and depending on your team it can be really great. I made some life long friends there. Benefits are really good including health insurance and also amenities there. Has the potential to be a great brand if they had the right people in charge.

Cons

Leadership needs to really think about what they are trying to do, make a decision and stick with it. Are they a retail, cryto currency, or tech company? Yes some people can be all those things but overstock? not so much. Allow people to do their jobs, there needs to be less over site on things that don't effect the bottom line. Stop micro managing. Also you should let some women into the boys club at the top. Your main customer is a woman after all, maybe listen to your female employees thoughtfully. Nepotism is alive and well there when at times is fine as long as the person coming in can do the job. HOWEVER when that person is allowed to talk about how they can't be fired that is disrespectful to the other workers. Don't hire your friends if they can't do the job. Just know at the end of the day if you are NOT a man, white, and religious that upward movement is extremely hard. It's a good first job to get a "tech" company on your resume and a good experience on how to play politics. You will get paid just fine and if you just need a job you will do fine but it is NOT a longer term career company by any means, and they will cut you faster than you want to believe. Many co workers where dealt with in such a manner. They are in the business of making money, nothing more, and as long as you know that and are okay with that this could be a place for you.

Pros

401k with 6% match, vesting from day one Nice campus with gym, medical clinic, coffee bar Benefits are OK Work/Life balance can be good depending on what group you work for

Cons

Where to begin. There are lots of great people and talent but senior leadership is not where you'd find it. There are some great directors and some vice presidents, but most senior leadership are best friends of the president and CEO. Some have no functional or operational experience in the areas they're over. Lately they have been hiring people just because they have a certain .com on their resume but again no experience whatsoever in the areas they will be over. Leadership changes directions and whims as fast as people change underwear. We bandaid fix things instead of proper upgrades, enhancements, or plain common sense when doing deployments and rollouts. We're told to rush out projects before they are done, just to get something out. Tripping over dollars to pick up dimes is a common theme. The culture is so toxic and getting worse. Many of the people that are causes for this toxic culture seem to get promoted while those who work hard, produce results (backed up by numbers and stats), and add to the bottom line of the company are passed up because they aren't drinking buddies or related to someone in senior management. If Obi-Wan kenobi were asked about working here he'd say, "Move along. This isn't the company you're looking for."