While I can't give all the details here, I've heard from many current and former employees that it's one of the most toxic work environments they've ever worked for (and I couldn’t agree more).
Here are some of my key observations:
Nepotism at play: Connections with the co-founders heavily influence career opportunities, resulting in obvious disparities within the company. Family members and close friends occupy high positions, creating a discriminatory work environment.
For instance (I'm hiding their titles and exact salaries to comply with confidentiality rules):
- All top-level positions within the company are filled by either relatives of the co-founders or close personal connections, without exception.
- They got those positions with the highest salaries, despite lacking any prior experience in the relevant field (such as Top Management, Sales, Operations, etc.).
- Certain individuals consistently receive preferential treatment in sales negotiations, often resulting in the distribution of lucrative deals away from other sales representatives (all markets).
- This dynamic has contributed to the departure of all employees within the US market, who cited dissatisfaction with the inexperienced and privileged management as a primary reason for leaving.
- The Operations department experiences the highest turnover rates due to the perceived lack of experience and favoritism among management.
- It's regrettable that I cannot provide more specific details because the salaries of all top management members are widely known among the employees.
- This awareness has created a toxic atmosphere within the workplace, where communication is minimal among the staff (you come, you work, you leave).
Salary discrepancies: These examples highlight the systemic issues of favoritism and nepotism within The Invisible Collection. Salary discrepancies are outrageous and showcase a clear lack of meritocracy and fairness.
Unrewarded hard work: At The Invisible Collection, hard work often goes unrecognized, with rewards only reserved for those in favor with top management.
Contractual considerations: Before signing any contract, ensure that everything promised is written down. Many employees reported promises like company shares or bonuses were not honored once they joined the company.
Employee well-being concerns: Reports of burnout and unexpected departures highlight a toxic work environment and its impact on mental health.
Empathy deficit: It's concerning to note the admission of a lack of empathy, especially when it directly affects employees and business partners.
Lack of recognition for effort: Working diligently may not necessarily lead to recognition or advancement; instead, it often results in more workload without any promotion or raise.
Workforce composition: Overall junior and inexperienced staff replaced the experienced seniors, leaving the directors to oversee operations with podcasts and chat GPT.
If you still opt to pursue employment there, here are some tips for you.
1. You don’t need extensive experience, or to fit into any team
2. Fake it till you make it, if the management believes you somehow have a connection with affluent people, you will receive an offer.
3. Dress to impress (be highly confident and wear designer brands like Chanel, etc.)
4. Ace the interview by saying the following keywords (“I don’t work for the money” – “My dad plays/works/knows [place a celeb here]” “My favorite brand is Chanel” – “I am highly motivated”).