Great people, unreliable company - Anonymous employee Beyond, Inc. Employee Review

1.0
Apr 5, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

People are like family, benefits were mid level.

Cons

Multiple mass layoffs each year, pay is uncompletitive, favoritism rules, no one is held accountable for workplace accidents- like 20 people have slipped on the floors, cult like mentality, parking lot is far away from building&cafeteria onsite encouraging people not to leave work, absolutely no work/life balance, they give people less than $.50 raises, forget taking time off or even just going home to relax because you'll be on email on your phone at home that you can't clock in for, no opportunity to move up after certain points.

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Beyond, Inc. Response
9y
I will respond to each of your points in turn: Cons "Multiple mass layoffs each year" - We filter. We weed our non-performers. Sometimes we do it continuously, but other times we let some build up, give them coaching, and try to save them, but when the day comes to make a decision, we weed out those who do not get our program. In particular, of late the previous balance between the quants and the business leaders has shifted. We have dramatically upped the quantitative leadership in the company: no more or quants simply in a position of ADVISING management, in most cases they ARE management. "pay is uncompletitive" - Base pay is running at 107% of market (as determined by a public and transparent process within the company in which each department includes its delegates). There are strong benefits and bonuses opportunities for all beyond that, and RSUs for some. "favoritism rules" - Numbers rule. Performance rules. "no one is held accountable for workplace accidents- like 20 people have slipped on the floors," - News to me. I will look into it. If true, we should get more carpets. "cult like mentality" - Not sure what this refers to. "parking lot is far away from building" - Parking lot is .8 city block away from building. "cafeteria onsite encouraging people not to leave work" - Gosh I am sorry that we have made our cafeteria so good and so inexpensive that people would rather stay here than go out. How evil of us. "absolutely no work/life balance" - ? " they give people less than $.50 raises" - Which is a $1,000 annual raise for someone who works full-time (2,000 hours/year). For people making $28,000/year in Customer Care, getting a $1,000 raise upon completion of some certification may not sound like much to you, but it matters to them. "forget taking time off or even just going home to relax because you'll be on email on your phone at home that you can't clock in for," "no opportunity to move up after certain points" - We recruit exhaustively from within our Customer Care and other entry-level positions. It is also true that we are hiring some quite high-end talent as well, from outside the firm.

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Pros

Coworkers are my main reason for coming back daily, I'd hate to let them down.

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Toxic ceo is more focused on being confrontational than productive. The consensus in his town hall meetings is to 'keep your head down, avoid direct eye contact, do not ask questions'. He's focusing on building the upper management team while regular layoffs of people who actually do the heavy lifting is reducing our actual output.

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