Pros
Since this section will be bare, this is in response to the belittling of the other negative reviews: Glassdoor exists as a venue for former or current employees to provide unfiltered feedback about their real experiences. Painful as negative reviews may be, they provide an opportunity for company management to see real underlying issues at their company. The "Sour Grapes" review encapsulates the issues at Elevate. This person tries to belittle and dissuade others from believing the negative reviews. This should serve very telling to anyone considering employment here. Further, I personally was not fired. Only two in data science were fired and they were both managers. The multitude of data scientists (more than 50% of department in a year) that left were very talented and very successful and many of us would move up in the company if we stayed. We all chose to leave to better companies because 1) Elevate's values are a lie, 2) fixes to the bad leaders and employees were either too late or too little, which led to a toxic environment and 3) management favors bad ideas from favored employees. Lastly, we work in data science....we have options. If other employees were given options, they would also leave. So, now onto the good: - Above average pay - Decent tech stack (R)
Cons
So many, but I'll attempt to boil it down to the worst ones: - Ethics - the core values are a joke. They did "think big" and push to "raise the bar." But to a fault. Goals were unrealistic leading to stressful situations, frequent firings, and unnecessary undermining of co-workers. But "do the right thing"? This company loans money at 300% to people for 5 years and many of the people who take the loans default. I would quote the appalling default rate, but it could be interpreted as a review violation. Just bust out a quick spreadsheet in excel and observe what it is like to be on the receiving end of one of those loans. They shouldn't even have "do the right thing" as a core value...it's not who they will ever be, nor does their product set out to be that way. Given your default rate, most of your customers are not "Good today, better tomorrow" after taking a loan with the high apr offered. And "win together" - co-workers were constantly undermining one another. I've never seen this at such a level and it was sad. Even after reporting these incidents to management and HR, the company promoted the offenders. - Management - the poorest I've ever seen. Micro-management, favoritism, lack of ability, lack of ethics....you name it, most managers were horrifically bad at many of these items. I couldn't tell if it all stems from the top, but the managers are pressured to hit unrealistic targets. They are given a lot of financial resources though. - Expectations - I personally think a lot of the negative experiences are from expectations. The company pitches itself as this saint in a sea of predatory lenders. They tell you they have these amazing values that guide their decisions. And when I was hired, management led me to believe they were a stable department and I would learn the business. It was nothing at all like any of that.