Square "401k matching" Reviews | Glassdoor

Square Employee Reviews about "401k matching"

Updated Nov 5, 2017

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3.9
79%
Recommend to a Friend
83%
Approve of CEO
Square CEO Jack Dorsey
Jack Dorsey
398 Ratings
Pros
  • "High emphasis on work life balance and a culture within the talent org of trying new things like supporting remote recruiters/managers(in 45 reviews)

  • "Open, transparent, low ego work environment(in 28 reviews)

Cons
  • "Typical growing pains of a new office(in 28 reviews)

  • "Just starting 401k matching so the program is not as developed as some others yet (but will get there)(in 20 reviews)

More Pros and Cons

Reviews about "401k matching"

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  1. Helpful (3)

    "Meaningful product, well managed company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mobile Software Engineer in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Square full-time for less than a year

    Pros

    We’re empowering the small business owners and entrepreneurs of the world Square has huge growth potential Growth potential means growth opportunities for all of us as employees Square is very efficiently managed without all of the waste of many SF companies. This business knows how to grow All of my coworkers are insanely smart. I’m proud to be a Square

    Cons

    Very few. The 401k match was capped at 1500 in 2017 but its doubling for 2018. This is still a bit low compared to some other companies but not too bad

    Square2017-11-06
  2. Helpful (3)

    "Great Company To Work For"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Account Executive in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Square full-time for more than a year

    Pros

    Great office culture that isn't forced on you - open vacation policy - freedom to get work done without being micro-managed - opportunities for career growth and financial growth.

    Cons

    401k match is a bit lower than at past companies.

    Advice to Management

    Keep the momentum moving forward!

    Square2017-06-26
  3. Helpful (2)

    "Transparent, Innovative, Friendly!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Professional Services Associate (Sales Team) in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Square full-time for more than a year

    Pros

    Major transparency, leadership is incredible and has my full trust + respect, people are wonderful and open-minded, company is always innovating, unlimited PTO

    Cons

    Just starting 401k matching so the program is not as developed as some others yet (but will get there). Still working on building a more diverse workforce as well.

    Advice to Management

    KEEP IT UP. YOU ALL ROCK!

    Square2017-06-21
  4. Helpful (5)

    "Your experience depends heavily on your team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Square full-time for less than a year

    Pros

    - There are some really amazing people you can have an opportunity to work with and learn from - They make a genuine effort to ensure gender pay equality, racial equality, etc. - They offer unlimited PTO, and you actually get to use it - Breakfast, lunch, dinner, and snacks provided - $50 monthly gym stipend - Starting to offer more continued education benefits

    Cons

    - Many teams have a very muddled vision and don't work cohesively with other teams - Mediocre monetary compensation and no 401K match - Company org structure is a mess - Spotty interview process, radio silence for weeks between interviews - My role and responsibilities are drastically different from what I was pitched during my interview - A lot of senior people have left and taken with them invaluable... information because see below... - People preach transparency, but there just isn't a culture of proper documentation. Information you need is often buried in an unshared google doc, or isn't written down at all - Data structures are set up very poorly; unnecessary learning curve because of ridiculous nuances in the data - Don't bother trying to send pre-reads because very few people here will actually read - Too many meetings for the sake of meetings - A very showy culture. People take credit for work they didn't actually do. but just sat in on those meetings. You really have to advocate for yourself and brag about your accomplishments because everyone else does it. - Decision making is laggy - They say you can WFH, but it really depends on your team

    Show More
    Square2016-12-01
  5. Helpful (1)

    "great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Analyst in San Francisco, CA
    Recommends
    Positive Outlook

    I have been working at Square full-time for less than a year

    Pros

    Square offers a great work environment, very competitive salary, and fantastic benefits. And the people here are really down to earth. This is the happiest I've been at a company.

    Cons

    The only con is that there is no 401k match (though the other benefits more than make up for this).

    Square2016-10-08
  6. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in San Francisco, CA
    Recommends
    Positive Outlook

    I have been working at Square full-time for less than a year

    Pros

    Smart and friendly co-workers. Awesome food. Great location. Solving big problems that help businesses.

    Cons

    No 401k matching is a bummer. Stock hasn't done that great since IPO.

    Square2016-09-04
  7. "Customer Support Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Customer Support Representative in San Francisco, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Square for more than a year

    Pros

    - Supportive manager - Great Environment for collaboration - Unlimited PTO / good work-life balance - Swanky office with all the food your heart could desire - Mission-driven - Transparency into to decision making process and direction of company

    Cons

    - No 401K match (although stock equity is granted) - Newer organization, still working out the kinks with personal development and formal career advancement - SF is a very expensive market to live in, while Square's wages may be at market rate (non-engineers) - it's always better to be a leader here.

    Advice to Management

    Keep up the emphasis on communicating the company's plans to the entire company. Ensure that products teams consider customer feedback from product changes, big and small. Reactionary feedback shouldn't be the case since we have a huge team working on the front lines with our sellers.

    Square2016-08-31
  8. "Great Transparency and Learning Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Square

    Pros

    Transparency Opportunities to learn Mission-driven Many processes still changing Many different types of work to learn from Shadowing program Invests in local community

    Cons

    No 401K matching Nearby apartments are expensive Many processes still changing

    Advice to Management

    Keep sticking to Square's core values. Still work to be done in being a more inclusive tech company.

    Square2016-08-30
  9. "Great company doing impactful work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Square full-time for less than a year

    Pros

    Mission-driven company with passionate, skilled employees. Salary & equity are attractive; flexible PTO. Remarkable transparency for a public company gives greater context and regular all-hands meetings provide a forum for questions & feedback. Great corporate culture.

    Cons

    Fast growth could lead to problems later in terms of culture, focus shift. Devops model means engineers are stuck with pager duty; inconvenience varies by team. No support yet for 401k matching. Diversity could be better.

    Advice to Management

    Keep up the fantastic transparency efforts. Do more to cultivate a diverse set of employees.

    Square2016-08-07
  10. Helpful (1)

    "A chance to have a significant impact"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Square

    Pros

    Company is growing at a healthy clip Work in a vibrant, modern, microservices architecture New stuff is happening all the time! In-house cafeteria serves great meals! Flexibility around taking care of family needs

    Cons

    Pretty much every engineer has to join a pager rotation. No separate ops/test roles. "Engineers" do everything. Lots of interrupt driven work Seems like there are a lot of half finished projects floating around No 401k match yet (promised after certain company wide financial goals are met)

    Advice to Management

    Make sure you fully finish a project, migrate old use cases and finish deprecating and removing crufty code/databases. A 6 year old company shouldn't have so much legacy!

    Square2016-08-03
Found 20 reviews