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CoinedOne Technologies

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CoinedOne Technologies Reviews

2.9

35% would recommend to a friend

(11 total reviews)

36% positive business outlook

Reviews by job title

11 reviews
1.0
21 Aug 2023
Recommend
CEO approval
Business outlook

Pros

-Accommodation and Support -Mental Resilience of learning how to cope and maintain focus despite external pressures has equipped me with valuable life skills that I can apply in various settings. -Overcoming the difficulties I encountered helped me realize my own potential -Had the privilege of connecting with some like-minded individuals who shared similar experiences and aspirations. The friendships I forged have been invaluable, offering a support system during challenging times and reminding me that I wasn't navigating the journey alone.

Cons

I had the unfortunate opportunity to work at the current company for around a year, and I feel compelled to share my experience here. To put it bluntly, this company embodies a nightmarish combination of poor management, recurring delay in salary credit without any prior notice, a toxic work culture, and an overall lack of regard for its employees' well-being. - Recurring Delay in Salary Credit without any prior notice: The most concerning aspect of my time with the company has been the recurring delay in salary credit. Despite the commitment to regular payment, I have consistently faced delays of several weeks, and at times, even more than a month without any prior notice and when we approach them for an update on salary disbursement, the response is consistently vague, with promises that the salary will be credited "within a week or so" but still it won't happen which is nuts. - Management Nightmares: The management at this company is a glaring example of how not to lead. It's evident that the "boss rule" is in full effect, with decision-making seemingly happening in a vacuum. This lack of transparency and inclusion often leads to drastic changes without any real explanation, leaving employees disoriented and frustrated. - Benefits and Compensation Nightmare: I cannot emphasize enough how disappointing the compensation and benefits package is. There are no bonuses, benefits, or even basic health insurance provided. The low salary is insult to injury, making it hard to justify the endless stress and effort that is expected. - Product and Market Failures: Despite being around for years, the company is still struggling to find its footing in the market. The product lacks a proper user base, and the constant shifts in direction and features only add to the confusion. The CEO seems to have a penchant for pivoting, but these changes often lack strategic direction and seem to be made on a whim rather than based on any real market research. - Unrealistic Expectations: Working here is synonymous with unrealistic deadlines and undue pressure. Proper scoping and planning are non-existent, and the CEO's habit of arbitrarily setting dates only to change them later adds to the chaotic environment. It's no wonder that the product's quality and user satisfaction suffer greatly. - Toxic Work Environment: The office is a breeding ground for a toxic work environment. Overworked employees are constantly pushed to the brink, with an endless stream of features and changes that don't align with market realities. Overtime is expected but not compensated, adding to the sense of being undervalued. - Mental Health Toll: I can attest to the mental toll this company takes on its employees. The stress and pressure are unrelenting, and it's no surprise that former employees have reported needing therapy after their time here. This is not an exaggeration– I've witnessed colleagues struggle with their mental health due to the sheer toxicity of this environment. In summary, I urge anyone considering joining this company to think long and hard before making such a decision. The lack of proper compensation, the nightmarish work culture, and the futile product efforts all point to a company that is in dire need of change from the top down. Unless there is a drastic overhaul in management and company values, I can only predict more of the same disappointment and stress for future employees.

1.0
23 Dec 2022
Recommend
CEO approval
Business outlook

Pros

They provide accommodation for people living nearby.

Cons

Poor management, Very Bad CEO who harasses the employees. Very bad and toxic work environment. People often go into therapy soon after they join this company. People get sick always. Very poor work life balance.

1.0
23 Oct 2023

Dont fall into the trap

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great Colleagues: The positive aspect of working at the company is the presence of great colleagues. Building relationships with coworkers who are supportive and collaborative can enhance the overall work experience. Nearby Stay Facility: The availability of nearby stay facilities is a convenience for employees, making it easier to find accommodation close to the workplace if needed.

Cons

Toxic Work Environment: The workplace is marred by a toxic CEO who engages in employee harassment. This creates a hostile and unhealthy work environment. Lack of Vision and Execution: The company lacks a clear vision and struggles with executing plans effectively. Promises are made but not delivered, leading to frustration among employees. Blame Culture: Instead of taking responsibility for their failures, the company tends to blame employees for the problems and shortcomings in their operations. High Employee Turnover: Many employees are leaving the company due to the poor treatment they receive. This high turnover rate negatively affects team morale and company stability. Work-Life Balance Issues: Excessive working hours and unnecessary pressures make it difficult for employees to maintain a healthy work-life balance. This can lead to burnout and negatively impact overall well-being. Salary Delays: Employees experience delays in receiving their salaries, which can cause financial stress and affect their trust in the company's financial stability.

Viewing 1 - 3 of 11 Reviews

Glassdoor has 14 CoinedOne Technologies reviews submitted anonymously by CoinedOne Technologies employees. Read employee reviews and ratings on Glassdoor to decide if CoinedOne Technologies is right for you.