Pros
- Praemium's core product is positioned well and is currently inside the industry trend - Praemium has a very small subset of people who desperately worked to achieve it's (unrealised) potential - If you are offered share options as a bonus or reward the share price is doing well - Beers on a Friday
Cons
- At Praemium there is no HR business function at all, all people-based decisions are financially driven as all employee operations fall under finance. This leads to experiences such as not honouring public holidays and not compensating for international travel time on weekends - Praemium's pay is on the lower end of the curve, in my experience offering 20-25% less than what would be considered competitive. - Poorly executed strategic goals. Company goals were quite often shared or circulated amongst staff however no expectations or commitments would change once circulated, so ultimately nothing was enacted, and thus nothing changed - Extremely top heavy, there was a recruitment wave before I left employing multiple senior managers while development and technical staff were stretched very thin - While Praemium's core product is positioned well that's because they were one of the first in the space, they are slow to innovate and are being outpaced by competitor entry - Low key bullying, due to the absence of HR and limited accountability there were some very interesting harassment tactics employed by some senior managers in the UK
