Novicap Reviews

3.8

69% would recommend to a friend

(19 total reviews)
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Lois Duhourcau

56% approve of CEO

64% positive business outlook

Novicap has an employee rating of 3.8 out of 5 stars, based on 19 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Novicap employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

19 reviews
1.0
25 June 2021

Toxic company culture

Recommend
CEO approval
Business outlook

Pros

Most of the people working there are friendly and organise nice after-work activities.

Cons

Toxic company culture which seems like this company was founded in the 1970s. They watch exactly the minute you walk into the office, and if you are 1 minute late you have pay 1 euro (how childish is this?). They only look at how many hours you spent sitting on your chair, not at the output of your work or achievement made. They expect you work from 8.00h til at least 18.00h every day, but most people will be there until 19.00 or 20.00h. Higher management is constantly lying to keep the employees motivated. They will announce some kind of great investment or next promising partnership and then keep postponing it for months and months until people get sick of it and leave the company. Employee turnover is extremely high. They are looking for people who just agree to anything they see without asking too many questions, and who don't have a life outside of work so they can spend weekends working as well. There is no HR department in this company that cares about your well-being. Hiring is done by the Sales managers themselves. They are extremely good at selling and making you excited about working for their company, but the moment you arrive you will notice that most of it are lies. They will never give you stock options, keep dreaming. Also forget about those Sales bonuses. People are screaming "unicorn" through the office all day and that seems to be the only thing they care about. And if you don't participate in this brainwashing and repeating that the company will be a unicorn some day, they will think you are not motivated enough and don't fit in. It can be a really interesting experience to join this company and see how it is run from the inside, just set your expectations right.

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Novicap Response
4y
We are very sorry to hear that your experience was not what we want it to be. We are constantly working to improve so that this type of feedback is not repeated. Our goal as a company is that the Novicap experience can be positive and enriching for both parties. This has been the case for the vast majority of employees that have worked at Novicap and can be seen in the comments in this same page at Glassdoor.
2.0
31 Mar 2023
Recommend
CEO approval
Business outlook

Pros

- The original office environment. - The office location and amenities there.

Cons

- There has been so many recent changes (as the change of the CEO) that behaved to a loss of good environment, as the company has become less transparent with all their workers. - Lots of workers departures (workers' decisions) in order to go to other companies with better environment and best conditions. - Lack of transparency in HR related aspects.

4.0
11 Sept 2016
Recommend
CEO approval
Business outlook

Pros

- Open mind, really good environment with experienced people. - Opportunity to work in a startup. - Freedom to choose vacations days - Coffee and food is offer for free in the office (only for breakfast). - They also prepare company retreats every 3 to 4 months.

Cons

- Low salaries and not so good contract conditions: It is a startup. - Work hours: 10h per day. - Difficult to move from one position to another in the company.

Viewing 1 - 3 of 19 Reviews

Glassdoor has 39 Novicap reviews submitted anonymously by Novicap employees. Read employee reviews and ratings on Glassdoor to decide if Novicap is right for you.