- Great first impression & start but not much effort made to keep employees; Management rather fires employees/accepts losing skilled employees & hires new (high fluctuation) than offering competitive salary, reasonable salary increases (at least inflation), promotions or benefits; Scalable still acts and pays like a small start up when actually they are a normal mid-sized company
- Except for free prime broker no real benefits (No a small fruit basket doesn't count); The CEOs justified this by saying they pay higher salaries instead; However, they do not pay above-average salaries and do not offer benefits/bonuses/13th salary etc.
- Planning seems very short-term & non-transparent; Fixed-term contracts & witnessed several terminations in probation period; A colleague was layed off without prior clear communication & the opportunity to implement feedback
- It seems to be a pattern of hiring relatively cheap, unexperienced but motivated leaders; Many managers who are overwhelmed with the responsibility & more concerned with proving/presenting themselves than leading & enabling their team
- Throughout the whole company - starting from the top - there is a lack of appreciation for great work; Unpaid overtime is expected & even required to possibly be considered for a promotion but since everyone works overtime/works for 1.5-2 employees to get the job done, you'll probably only be rated as a "good year"; In the end it really comes down to politics & having a good manager to not end up in a toxic work environment
- Erik one of the CEOs has advertised in a public interview that all employees receive virtual company shares; However, this is not true; When talking to different colleagues I realized that only selected employees are offered shares & some employees don't even know this option exists
