Sharecare decides to not pay employees (again) for the second time in 2-3 years - Anonymous Sharecare Employee Review

1.0
18 Apr 2023
Recommend
CEO approval
Business outlook

Pros

I cannot think of a single good reason to work here vs. literally anywhere else.

Cons

In 2020, Sharecare asked employees to take a 10-30% pay cut for the back half of the year (June-December) - which was never repaid, though work continued. Now again in 2023, leadership has decided to eliminate merit increases in an effort to show the market they are capable of "growth" and effective asset management. This is a joke - if you can't pay your employees, don't ask them to work - this is effectively robbing Peter (employee) to hopefully pay Paul (shareholder). Sharecare and analysts are concerned about their cash burn rate, so one effective way of duping analysts and shareholders is to reduce cash burn by not paying employees - this is scandalous cheating at best. Do NOT come to work at Sharecare if you wish to be paid or even have a job in a year - Sharecare may not even be here then if their poor leadership continues along its current path. A culture that would steal from its children (employees) to provide for the parents (leadership and shareholders), is the worst kind of greedy capitalistic cesspool I can imagine. Meanwhile the CEO is still making >$6M annually - including bonus/incentive for letting his company fail and while failing to pay his employees.

Explore other reviews about Sharecare

5.0
7 June 2026
Recommend
CEO approval
Business outlook

Pros

Lots of guidance and flexibility

Cons

Little opportunity for growth after internship

1.0
13 June 2026
Recommend
CEO approval
Business outlook

Pros

Great team and benefits enable personal growth

Cons

The foundation model for their business is flawed, giving members points for being healthy is great, but often times having members take advantage of the remote aspect of the role, being rude and not following company requirements. Sharecare doesn't nullify or prevent this, causing coaches to be burdened with both angry carriers and requirements from the company. All while stressing about the metrics. Add in not fully explained job requirements until 6 months, where you are handling up to 80 calls in a day. With managers that do little to help mental and day you just need to be better.

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