Betterment Reviews

3.4

47% would recommend to a friend

(132 total reviews)

Sarah Levy

Not enough data to show CEO approval

47% positive business outlook

Betterment has an employee rating of 3.4 out of 5 stars, based on 132 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Betterment employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

132 reviews
5.0
15 Apr 2020

No place I’d rather be!

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- I’ve worked at Betterment a while and I still feel lucky to be part of such a great team of talented, smart, genuinely kind people and the strong community culture that has grown with the company. - Team is very connected to the mission here and that is felt throughout the organization, not just in the c-suite. There’s a sense of shared purpose and pride that really is unique. - Inclusion and belonging has been a big focus for the entire company since I started working here. There is a wide range of efforts constantly going on and a lot of transparency and engagement with the broader team on D, E, I. We’ve seen some of this good work pay off in places quicker than in others, but I know we’re headed in the right direction. - Awesome family benefits like unlimited IVF and generous parental leave policy, unlimited PTO and flexibility on wfh and schedule. Generous perks like tons of food including chef catered meals, gym reimbursement, lots of opportunities to socialize with co-workers and friends/family always welcome. - Lots of growth opportunities - I’ve seen so many of my co-workers make strides in their careers while here. Well built out L&D program.

Cons

- Like in any growing company, there is never a dull day which is exciting and challenging, and sometimes exhausting as well. This is not a place for people who want to coast - you need to constantly be moving the ball forward. Some people thrive in this environment while others burn out or can get into negative head spaces.

3.0
30 Mar 2017

Fun until it's not

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They make an effort at defining the office culture. Nice benefits (Betterment 401(k), company outings and vacations, flex vacation policy, catered lunches, dogs in office). Stellar product. Smart, talented, hard-working individuals. Also, this could be a pro or con depending on what you want, but the workforce skews twds the mid-late 20s to early 30s. For many folks this is their first "big girl or big boy" job, so be prepared - some are clueless as to how a real corporate org. works.

Cons

Product: Seemed unfocused, and the service is morphing/resembling more of a robo-advisor with a human if/when you need it, so does this still make it a robo-advisor? Upward Mobility: Your success depends on your manager and area. Frankly, my dept. felt bloated with managers. As with any company that is growing, politics and egos are rampant, and you may even end up in a situation where you're asked to generate new ideas and be a leader, but only when it's convenient for an insecure/inexperienced manager, who gives mixed messages, does nothing with those ideas, but is happy to go around espousing self-labeled "high level feedback."

3.0
12 Apr 2020

Lots of turnover

Recommend
CEO approval
Business outlook

Pros

- For the most part, really incredible coworkers. This is a driven team that moves fast and isn't afraid to make mistakes - Leadership tries to be transparent in the form of weekly team meetings - Benefits are good for the most part (but no 401K match, which is terrible for a company whose mission is to empower people and their money).

Cons

- There have been lots of firings in general, but particularly in the marketing department there is a lot of turnover (people choosing to leave). - Extreme lack of diversity despite efforts from the recruiting team - Lack of organization around changing products/marketing tactics. There are a lot of "top down" mandates that have to be prioritized without taking into account previous strategy or team goals. - Almost every team is severely understaffed. This makes our work as a marketing team difficult. - Don't interview for Betterment for Business. Just don't do it. That team is run to the ground with work and managers care more about keeping the department financially afloat than they do about their clients. - Getting ahead here is all about visibility. - Data driven organization with few data resources. The Analytics team is unhelpful. - Company culture has suffered over the past year. Rapid growth and moving to a new office has made this company feel less like a family than in previous years.

Viewing 1 - 3 of 132 Reviews

Glassdoor has 135 Betterment reviews submitted anonymously by Betterment employees. Read employee reviews and ratings on Glassdoor to decide if Betterment is right for you.