Limited career growth and job security with a high dose of chaos - Anonymous employee Monks Employee Review

2.0
17 Sept 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Most of the individual contributors and managers are exceptionally talented, fairly committed and great to work with. Depending on your part of the organization, you may still enjoy a reasonable level of autonomy. Compensation and benefits are decent. Depending on your part of the organization, you may be able to work fully remotely. Lots of geographic and cultural diversity and it's super fun to work with people all over the world. Great, well-known clients and some of the work products are world class.

Cons

The company is the result of dozens of mergers and acquisitions and it still feels like separate organizations, in many cases still with different processes and tools, which causes a huge amount of chaos. There is a lot of internal competition which makes cross-collaboration more difficult than it should be. Due to past mis-steps with financial projections, delayed public reports and lack of spending control there are Draconian cost control measures in place including no compensation increases, promotions or bonuses for most of the company. People are let go / laid off when they have been on the bench for 2 weeks. At the same time, there are still posh offices all over the world stocked with snacks and beverages that sit empty most of the time. A growing executive leadership team is often detached from clients, our teams and the work. People are promoted to leadership roles that are not posted or announced, creating a lack of equal opportunity. People who invest in social relationships with executive leadership are rewarded and those who work hard are overlooked.

Explore other reviews about Monks

5.0
5 May 2026
Recommend
CEO approval
Business outlook

Pros

great place to work often

Cons

not ideal break time options

3.0
8 June 2026
Recommend
CEO approval
Business outlook

Pros

The team members who are in the weeds

Cons

* Low pay and lack of career progression. Last year I had my first raise in years but it was a VERY small increase that hasn't improved my quality of life unfortunately. This year they pushed the merit increase by half a year. There isn't a doubt among all of colleagues that this is an intentional move to get more folks to quit / save money. * High employee turnover. * Multiple waves of layoffs and departures since 2024. Lack of communication and planning around layoffs leads to us having to figure out solutions on the fly and it honestly does not seem like that leadership cares about how these layoffs are affecting the CURRENT business. * Rotating door of Execs who have no idea what's going on in the ground. We're just treated like numbers on a spreadsheet.

1
See reviews by: Helpful|Rating|Date|All