No one stays that came after the IPO - Manager Cvent Employee Review

2.0
23 Jan 2016
Recommend
CEO approval
Business outlook

Pros

Cool co-workers and not many weirdos. Nice office space and location near metro. Free coffee? I don't know, just trying to meet this 20 word minimum.

Cons

So many cons. A good bit of the marketing management seems to have come from Blackboard and they really don't have a clue. It often sounded like they just read marketing leadership blogs and dressed those ideas up as their vague direction. "Be a storyteller", for example. Thanks for that brilliance! Pay is poor. Only people who stay middle mgmt and above who were here before the IPO. They got a lot of options, and/or got grandfathered into high salaries and sales commission percentages. It's very true: most people look to leave after their two year bond. Everyone should know about he two year bond also. It is insane! You basically sign a blood oath saying you cannot quit within 2 years or they will try to threaten you with legal action. They really do it...I saw it happen multiple times. The craziest part is they say it costs $7500 to train you and that's why you can't leave but unless you are part of the sales team you receive zero official training. They brought someone in that tried to make every single position be held to meet several KPIs. Nothing like killing creativity in order to meet arbitrary metrics. Raises and bonuses went down every year. 9.5 hour work day minimum.

Explore other reviews about Cvent

5.0
2 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Great people and the job was fun.

Cons

Did not get paid what I’m worth. Not flexible in pay. Kept in the dark regarding pay for a long time.

1.0
7 July 2026
Recommend
CEO approval
Business outlook

Pros

I tried to come up with one, but simply cannot.

Cons

The pay and benefits are well below industry standards. Cvent loves to talk about being a SaaS industry leader, and in the same sentence offer you "benefits" from the 90s (accrued PTO, vesting 401k, etc). The OTEs are a good 30-40% below industry standards as well. OTE obviously it not everything, but it comes with a complimentary bogus commission plan. Sold a big deal in Q1 that gets you to 200% for the quarter? Hope you enjoy getting only 125% of that. They hang on to the rest to pay you out on any underperforming quarters, which is paternalistic and does not respect the time value of the money you earned. My other primary complaint is the abysmal culture. Granted, Cvent's goal is certainly to create an army of employees who never talk negatively of the company and praise its every move. So congrats to them, they have largely achieved this. For those of us who can see past this facade, it is a dark reality. They still refer to themselves as a family, which I thought companies had learned long ago was something you should not do. I also witnessed a whole auditorium of employees stand and clap for the CEO when he came on stage, which was so dystopian and disturbing. Both of these points can best be summarized by when I shared my critique of the new commission plan with a sales leader. We were not given our Q1 quotas/commission plans until well after the quarter was complete, which is a failure on so many levels. When I gave this feedback, I was told its "just a small step back for the company on the march towards the company's revenue goal." No rep should be asked to sacrifice their own success and financial planning for the benefit of their corporate overlords. If you are in SaaS sales, please look elsewhere.

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