Where do I start... my heart is broken over the once great Utah company that has just become another run-of-the-mill corporation. The CEO once said they would never leave Davis County. They left and built a huge building in Draper. A little over a year ago, the CEO said they weren't looking to entertain any offers to sell the company - it "wasn't something they were seeking." They are now being purchased by Vista Equity. Once we were celebrating that we were a public company. Now we've pulled that back and the employee stock purchase program has been dissolved. Empty promises, empty commitments. It was once a thriving place to work and develop a career, but now employees are streaming out the front doors looking for other opportunities that pay better and have a healthier culture. Pluralsight has abandoned their employees and morale is abysmal. There are tons of job postings - you need to ask yourself why that is.
Added to that are the years of unhealthy sales leaders who have turned the commercial sales organization into an absolute sweatshop. Micromanaging their teams, setting unreal expectations and unobtainable quotas, promoting their church friends - not those who actually deserve the promotion, and publically rewarding sellers during All-Hands who work late at the office, not the ones who exhibit the company value of work/life balance. Commerical sales leadership needs a total overhaul from the VPs on up.
Last, now that the ESPP program is gone, Pluralsight will have to respond to the low salaries and unobtainable quotas they are offering. It's pretty easy to find other companies who will offer 20/30% more, where sellers are hitting their OTE because the comp plans are solid.
