ProfitWell Reviews

3.9

72% would recommend to a friend

(43 total reviews)

Patrick Campbell

70% approve of CEO

69% positive business outlook

ProfitWell has an employee rating of 3.9 out of 5 stars, based on 43 company reviews on Glassdoor which indicates that most employees have a good working experience there. The ProfitWell employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

43 reviews
2.0
7 Aug 2020

Not worth it

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Location, some cool people, healthy snacks

Cons

I'm surprised the rating is so high when it's clear that so many people are unhappy. So many talented folks left because management is terrible here. If you are applying here and hoping for at least market average pay, don't. Compensation is far below market average (we are unfunded) and I don't know why it's advertised as competitive. In addition to layoffs, they recently cut everyone's already below-market salaries 10%. There are no bonuses here. Most people here are here because they're either really passionate about the work they can get here, need flexible work hours (some roles offer a ton of flexibility which is why I'm here), or because, no offense, they couldn't find better jobs or they have poor financial literacy. Getting promoted here is a nightmare because they don't have a framework in place. They seldom do performance evals. Sometimes they promote you but don't increase your pay until months later. In regards to mentorship and growth opportunities, you're likely not going to get much. This should be the main factor into deciding to work here or not for most people. We are bootstrapped, so we can't afford platforms/resources that can help you gain experience or technical skills. Most of your time will be spent trying to put together a scrappy solution just because the company couldn't afford some sort of platform. You're not building skills that are useful outside this company and will help you in your careers. Also, your managers won't have much technical experience to help you grow. The company doesn't pay well enough to hire experienced people from outside. Most managers here don't have management or technical experience as they were only promoted because of tenure or favoritism. The work environment is just your typical toxic, messy startup. Turnover is high and they fired people regularly before the shutdown. The CPO is extremely unprofessional and regularly acts out of line. Before the shutdown, you could always hear him screaming at employees all over the office which was distracting. There were multiple sexual and workplace misconduct complaints against him, but HR reports to him and can't do anything about it. The CEO is another issue. He has major main character syndrome so he budgets more money into media and his own show, instead of departments that make the products that fund the company. Otherwise, some of the people outside of management are pretty cool.

avatar
ProfitWell Response
5y
Hey there - first off, I want to apologize (this is PC - CEO of ProfitWell). Although I take issue with some of the things you’ve said, you’re clearly not fulfilled in your current gig and you don’t feel like you can bring these thoughts and questions to me or another member of the team. Our goal is to create a culture where you're fulfilled and can communicate openly, and while we're certainly not for everyone, table stakes is you being able to bring grievances or questions to at least one person at ProfitWell. Ultimately you not feeling this way is on me and the leadership here. There's no excuse for it, so I'm deeply sorry. Seriously and sincerely. Since this is public I do feel the need to address some of the things you said, but I want to be clear that I'm not trying to take away from the fact that you didn't feel comfortable bringing things up or asking questions. So in that light, I want to start with the biggest topic (at least in my mind) - misconduct in the office. We have never had an issue of sexual or other work maleficence in the history of the company. From anyone, past or present. This is something we take seriously and from the board to onboarding, we show there’s a zero tolerance policy for this type of conduct. This is why PeopleOps reports directly to me the CEO (not the CPO as you mentioned) and also has access to the board and our external legal counsel, so in the case an issue comes up with anyone, they have multiple avenues. I personally also take this topic extremely seriously (especially as someone who was a victim of sexual misconduct). When there’s even a whiff of something, I drop everything to make sure we look through the situation with PeopleOps and do whatever necessary to ensure voices are heard and any situation is handled swiftly and sensitively. Thankfully we have not had an issue and we work hard to ensure I can say that for the history of the company. I don't know what you're referring to specifically, but I just want to make sure that's super clear and if there's a situation that you feel wasn't handled or that the management, leadership, and board teams don't know about please contact me or PeopleOps directly. Now if I take your statement very generally (which I think may be the case) as opposed to literally, I think it's important to point out that we do have a lot of strong personalities at ProfitWell. There isn't a single person here - including you - who doesn't care deeply and depending on how that care is manifested, sometimes there are interpersonal conflicts that need to be mediated. We've certainly had situations where someone doesn't like how someone expressed themselves or said something. This tends to be what happens when you put a lot of caring people into an organization and unleash them on a mission. None of these have risen to the level of misconduct, but if it's helpful, we very much look into any of these situations that need a third party. Most of the time these are handled amongst the parties involved though, as we create a culture that treats people like adults and encourages feedback with charitable interpretations. We trust adults to handle these situations like adults. Sometimes that's hard though depending on the situation, so on rarer occasions these will involve a manager or PeopleOps (or even me). Most of these situations get handled by the obvious route - a discussion with both parties and coming up with a plan (if needed). We're all humans and sometimes our emotions can get the better of us and we just need someone to help get to clarity. In the most extreme examples we've definitely moved people within the organization to work with others. To be clear, this is seniority agnostic, and actually worse on a manager, because in our mantra of servant leadership, we always assume the manager should have done more or is at fault at the outset of the discussion. I hope that clarifies a bit. Unless you've been involved directly, you probably haven't seen a more extreme example on the inside and maybe you're hearing second hand from someone who didn't agree with an outcome. It's outlined on the PeopleOps at ProfitWell memo on the Wiki homepage. Yet, seriously and sincerely - please contact me or anyone else who can get the information to me if you feel the above wasn't the case. ProfitWell is no place for misconduct. In terms of some of your other comments, I think it’s important to understand that there are certainly going to be tradeoffs coming to a growing, young company as opposed to a more established one. Sometimes communication isn’t as uniform or spread as we think it is or we don’t have resources for certain things and made a decision that has consequences. This is why we are exceptionally transparent and keep the org flat so you can ask anyone about anything. We've never suppressed any information unless it's HR related to an individual and I feel as if some of the assumptions you made could have been cleared up by simple discussions or asking many people at ProfitWell. You may not have liked the answer or the tradeoffs being made, but you at least would have had clarity. Maybe you didn't feel comfortable, but I'm not sure things like who PeopleOps reports to or how much we spend on marketing falls into that bucket since we are so transparent. Regardless, you may not have seen the performance review memo on our Wiki's homepage that talks about how we do comprehensive reviews twice per year and that these are not an excuse for not receiving feedback consistently off cycle. Based on the little information Glassdoor gives me it looks like you haven’t been through a review cycle since we skipped the Spring 2020 one because of COVID, so maybe you’re not aware of them or missed the several all hands where we talked and reminded everyone about skipping the cycle since so much was happening with COVID. In terms of comp comments you made, you likely didn't realize that our comp strategy is pegged off market data at 100% of market and encompasses bonuses for a number of roles. Some of our roles are composites though, so sometimes the market data is flawed or as when dealing with averages there are certainly examples of other companies who pay more (or less). We don't clearly explain this as well as we could, but I'm more than happy to walk you through things and I'd love your help improving here. In terms of your comments on promotion process, we specifically designed our framework to control for favoritism, tenure, and negotiation prowess, but we certainly haven't explained this enough as we continue to normalize our processes. The list certainly goes on - we'e not perfect and we're certainly not going to perfectly communicate everything. We're growing quickly and the tradeoffs of that growth are that some of these things we have to prioritize and sometimes proactive communication falls to the bottom of the list. What helps here is we communicate openly as much as humanly possible while also having an environment where you can literally ask about and get an explanation for anything (unless it's an individual's HR details). We write essays detailing major pieces of the organization, we have weekly AMAs where you can bring questions, we have a feedback form, we have a system of people who can get information to whomever you need to if you don't feel comfortable, and we also have a leadership team that drops everything when there's a problem to handle it, even if it's just talking to someone at 11pm on a Friday night because they need help. We try to (and have succeeded quite a bit) in keeping a culture where the truth wins vs anyone’s opinion inherently being weighted over another and making sure there are many avenues to communication to make sure you’re able to check your assumptions and assuage any fears. We’re not perfect, but we do try extremely hard and the collective always takes precedence over the leadership here. For example, as you mentioned we did do a temporary pay cut for those who made over $65k in order to make sure we didn’t have to furlough as many people, but the GM, CPO, and myself all took our salaries to $0. Another example that you alluded to - I was supposed to be out of content/marketing a year ago, but the reason I'm still there is specifically because we put that budget into sales and engineering instead. Nothing would please me more than if I was out of marketing and content completely. It's just taking some time and we spend very little money on marketing because of this tradeoff in investing in departments that make our products. I'm not presenting any of the above to claim you're wrong or to get gold stars, but to merely give you the perspective I wish you were able to seek. That's on us and I'm trying to make up for it by explaining a bit more. Our default is very much servant leadership and as we're growing I can see how a not-so-charitable interpretation could misconstrue things if you didn't have insight into some aspects you brought up. Plus, we don't like to talk about some of these examples a lot, because we feel they should just be the default. Although that likely cost us you getting a different impression or experience, so again - I'm sincerely sorry. In closing, please come and find me or another member of the team you're comfortable speaking with, so we can get you more context or the help you need. I can't promise we're going to get everything right or that you're going to agree with a tradeoff we made, but I can certainly give you transparency into those tradeoffs or realities. At the end of the day, I care deeply about every person at ProfitWell, because there's no way we can fulfill our mission without a team that's fulfilled by solving tough problems and moving in one direction. My hope is this message can help us restart a bit, so sincerely please reach out. :)
1.0
18 Aug 2020

A horrible experience and not worth your time

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There were some cool people not in management and lots of dogs.

Cons

Where do I start? It's obvious PW is trying to fix their rating by pushing their employees to give them good reviews– I know they certainly did that when I was there. What's been said about toxic management isn't even scratching the surface. Employees were regularly bullied, torn down, and made to feel they weren't doing their best when they were just working within the conditions they had. There was so much hypocrisy from the top level people, constantly saying they cared about their employees health and well-being and then punishing them when they needed time off, struggled with harsh feedback, or weren't "bonding well" with the team. Turnover is high because they pushed and pushed til they burnt out all their employees. In my time there, I saw at least 30 people come and go, and I was there just over a year. They stress the importance of being "an A-Team" and a meritocracy, but they certainly don't pay like for an A-Team. If ProfitWell is not your life, then you are not a "culture fit." They let go about 8 people in one week once saying that it was not a lay-off (despite being about 12% of the company at that point) but that they fired them because they were not performing. These included people that were there for years, as well as just months, so who knows how long they take to actually figure out if someone is "performing." Even for their top performers, they didn't give them bonuses: they gave them a Canada Goose jacket with the PW logo on it. Did they offer to give a cash bonus in replacement for that? No. Now for the worst of it– the CPO. He actively harms his employees by screaming at them, cursing, berating, criticizing their personal lives and choices (the amount of times he judged others for eating fast food and commented on their "energy levels"). I watched him make at least 4 of his female employees cry from yelling at them, and he would claim he was just passionate and that the men in the office weren't as sensitive to his yelling. It made for an extremely toxic environment and I imagine even worse for the women. It's a company with toxic leadership, a bad culture, and a dismal future if they don't change those things soon.

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ProfitWell Response
5y
Hey - this is PC (CEO of ProfitWell). I wanted to address some of your comments directly, because I think there's a big disconnect on what actually happened and what you heard through the grapevine. Also, some of the things you brought up you may have only seen the beginning or end of a situation and with a not-so-charitable interpretation I can understand why you may characterize some of these pieces in the manner you did. Regardless, you very clearly did not get the impression we intend for everyone at ProfitWell to get nor did you feel comfortable bringing some of these things to get clarity or answers to what actually happened. Ultimately - that lack of comfort is 100% on me and the leadership here. While you may disagree with reasoning or tradeoffs we made, there's no excuse for you not feeling comfortable asking questions to at least get clarity, so I'm very, very sorry. Sincerely. And even though you're no longer at ProfitWell, if you'd like to discuss anything, I'm always available. That being said, I think it's useful to take a step back and address some themes here rather than nitpick on every comment you made, because I think a lot of this is related. My intention is not to take away from the apologetic sentiments I just expressed, but to give you a bit of a different perspective, especially since this is public. If for some reason you feel I'm just combatting what you said (definitely not my intention - I think your intentions are good), please contact me and we can edit this together. For a lot of reasons - both obvious and not - we don't have pure, synchronous knowledge sharing about things that happen inside ProfitWell (although I wish we could all just hook up to one brain to make that easy :)). We do try though, with a culture of feedback and radical transparency, but we're moving quickly so sometimes we fail by not explaining what's happening enough or worse, feeling like we explained fully, but still end up missing key pieces. Knowing we won't be perfect in communication is why we designed ProfitWell for information flow. We have a flat organization that allows anyone to question anyone else about the why, what, or how of a situation. Obviously there are limits - an individual's HR file- but barring that there is nothing at ProfitWell that is above explanation. To be fair, the explanation may take a bit or may not be readily available, but that's only because of prioritization rather than trying to suppress something. We have so many avenues for this - weekly AMAs at all hands, memos, a web of managers you can go to if you don't feel comfortable going to someone else, feedback form, and a leadership team that will get on the phone day or night to clear up anything and everything. We also spend a ton of time talking about this with the team, because it's not the inclination a lot of people have, especially if they come from a more corporate environment. I mention all of this because I feel like some of the things you said could have easily been cleared up through a discussion or a question. Now you may not have liked the answer or the tradeoff we made, but at least you would have clarity on some of your assumptions. Also, you clearly didn't feel comfortable doing this, so I'm not harping on you - just pointing out the norm we try to go for and so many people here thrive in. Take for instance the Canada Goose Jacket bonus. You mentioned, "Even for their top performers, they didn't give them bonuses: they gave them a Canada Goose jacket with the PW logo on it. Did they offer to give a cash bonus in replacement for that? No." What you described wasn't the intention of the program (a cash bonus) and not exactly what happened. We felt like it was a good idea to have what some companies call a "President's Club" but make that more than just salespeople. We wanted to do something different where we bought this group a thoughtful gift that was branded and a good representation of them being the "Team of 2019". We also took them on a ski trip. It wasn't intended to be a cash bonus, but more of a token of appreciation - something they likely wouldn't buy themselves. We didn't mention, because it's on the border of their HR information, that these folks also received either stock or cash compensation, as well. We very much work to "load up" top performers, but don't always mention this publicly because it has to do with their individual comp. In this vein, some of the other comments you made, fall into this HR category where it's hard to give transparency, let alone proactive transparency. For instance, the fast food comment you made about our CPO (Facundo) - "...he judged others for eating fast food and commented on their "energy levels". We have interpersonal conflicts at ProfitWell, because every single person here - including you - care deeply and sometimes that care manifests itself in a way that causes conflict, especially with strong personalities. These are a small amount of situations, but it tends to happen when you have a lot of caring people in an organization and you unleash them on a mission. Most of the time they're handled amongst the people involved, but sometimes HR or even I need to jump in to help mediate, because we're all humans and sometimes our emotions get the better of us and we just need someone to help with clarity. In the fast food instance I was actually brought in, because this involved a member of the exec team, and I spoke with all the parties involved, including two witnesses to the interaction. Here's a breakdown that you probably didn't have full transparency one: - Someone who reported to Facundo consistently commented on their energy levels in the afternoon and how they felt sleepy after lunch. This was a comment that this person made several times to Facundo and several other people around them across a number of weeks. - Facundo being their manager asked if they wanted help figuring that out after they expressed the sentiment again. This person opted in and said yes, that they would like help having better energy in the afternoon. - Facundo then asked a number of questions - how much sleep they got, when they best worked (night owl vs. early bird), etc. One of those questions was, "What did you eat for lunch today?" (a day they had mentioned their energy levels were low). - The person responded with a "cheeseburger, fries, and large regular coke". - Facundo then suggested that eating that type of food for lunch was going to hurt their energy levels and maybe they should eat something else while saving the cheeseburger meal for dinner. - This person took offense, went to PeopleOps, and then I got involved, as well. - For context, the witnesses corroborated what I just outlined, as did the parties involved. Now in this instance, the individual who took offense believed that their boss should never comment on their personal diet choices. As a large human, I can understand that sensitivity. My issue though is Facundo was trying to help them with something they asked for help with and even gave them options on when to eat the burger, fries, and coke (for dinner) that fit into their energy level concerns. Is it his fault they took it to an extra level of negative interpretation? I could see how you could somehow justify that view, but it's not ok to characterize this as if Facundo just openly started commenting on someone's personal choices. He didn't know this was a sensitive area for this person (and I don't think it's appropriate to assume so given the person asked for the help), but afterward he stopped discussing the category with this person unless they brought it to him. To be clear, I share this not to refute your comments, but to give you some more clarity into the whole story. It wouldn't have been appropriate to publicly talk about this (at an all hands for instance), but if you had this specific concern (if the person came to you, you heard it through gossip, or you were a witness yourself), I would have been more than happy to give you as much detail as I could into the whole story without violating the privacy of the individuals involved. At the very least I could calm some of your fears. I think this is a really important point because your characterizations about Facundo (our CPO) or other decisions that were made just aren't the whole story. I wouldn't be as worried, but some of the implications you're pointing to are extremely problematic and generalizing. Do I blame you? No, because ultimately, it's on me and the organization as I mentioned above, but we try very, very hard to be as open and transparent as possible and I'm just sorry you didn't feel like you could have that conversation or ask these questions to clean up your not-so-charitable interpretations of situations. If it wasn't clear - we have a zero tolerance policy for toxicity, bullying, misogyny, racism, and the like. These things are just inherently wrong (and don't produce good results at all). Another big area I want to reply to is having a high performance culture with leadership that cares. At ProfitWell, we follow the mantra of servant leadership, which in a nutshell means anyone in a management position *serves* their team, dropping anything and everything to help them when needed. This is why I'm not sure what you're referring to when you say people were bullied or punished when they took time off. We have never in the history of the company denied someone's vacation request. We've never even added friction to someone's vacation request unless it was logistical and we needed to figure out how to backfill while they were gone (and this was just to figure out logistics, not to change their plans). I have dozens of examples where someone had a death in the family, a physical or mental health issue, or even just life getting in the way, and we said "go...we'll figure it out....you need your head dealing with that." This is to the point where some people have been out for entire quarters to deal with their personal stuff. I get into arguments with our lawyers who specifically want "family leave" or bereavement policies and I refuse to do it, because I don't want our team thinking they have to ask for permission to break a policy to take care of themselves and their family. You also mentioned something about someone being punished for not bonding well. I can't for the life of me think of a situation where someone was told they weren't bonding enough with the team. Furthermore, the leadership team reviews every review with every manager before they go out and I've never heard "bonding", "culture fit", etc as a justification for or against someone. We just don't believe in fake culture like that. With bonding it's more we set up a lot of opportunities to interact with your team members outside of work and if you take them, great. If not, that's ok, too. More generally we also work within the lifestyles people want to lead. It's perfectly ok to have a classic 9-5 mindset in certain roles at ProfitWell. In other roles, that's not the expectation and we're exceptionally clear about that (and compensate accordingly). In these roles, it's not to say you're working too many hours, but it is to say that you'll have more responsibility that ends up with some heavier weeks followed by some lighter ones. We're trying to build something great from nothing. That takes a lot of effort and we're very open about that, especially in terms of treating people like adults - you need time, you need resources, you need help, you need perspective - all you have to do is ask. If it's time, help, or perspective - the expectation is that you get it ASAP. If it's resources, sometimes there are tradeoffs and we can't get something to you right away, but you should know that so we can adjust things to accommodate. I'm left thinking maybe some of this is related to the communication point above where we're just not talking enough about this mindset. I know a good portion of the team knows this, because it comes up in conversations, but we can certainly do more to make sure you know this is how we think about the world. Ultimately, I want to be clear that I'm not presenting the above as if you're wrong, because this is your perspective and ProfitWell is responsible for creating an environment and culture where you get the intended perspective. We clearly failed here and that's completely on us. One of our principles is to get better every day and with reviews like this we certainly do. I'm just sorry that you ended up getting a different impression and experience, so sincere apologies there. I know you don't work here anymore (according to glassdoor), but if you want, please come and speak to me (or another member of the team you're comfortable speaking with) so we can get you more context or help. We're not going to be perfect and you may disagree with tradeoffs and decisions we made, but we at least can get you clarity. I care deeply about every person who's worked at ProfitWell, even if the relationship didn't end on good terms, so if there's anything I can do to help, please reach out. P.S. In full transparency, we don't game reviews on Glassdoor. Like most review sites, those positively inclined don't always thinking about posting anything, so we do run campaigns from time to time asking team members for reviews, which we implemented a while back when team members asked how they could help with recruiting. When people come to me personally asking about a negative review and mention their experience at ProfitWell is different and what they can do, I do encourage them to post their own review, but don't tell them or ask them what they'll write.
5.0
10 Oct 2020

Top notch career development

Recommend
CEO approval
Business outlook

Pros

My time here has given me a level of experience and exposure from day one that I have found is near impossible to come by at other companies. I have had the opportunity to develop the go-to-market strategies for some of the most well known SaaS companies out there, with clients looking to me and my team for guidance on how to best position, package and price their software. Seeing this guidance implemented on a client's public pricing page or leading to an overhaul in their 12 month product roadmap is incredibly rewarding and emphasizes that my day-to-day is having an actual, tangible impact. Again this didn't take years - within my first few months I was working on some of the most interesting, challenging, and impactful projects in my professional career and pre-COVID was expected to fly out to hold day long onsite meetings in front of 10+ execs. Did that feel uncomfortable? ABSOLUTELY. But I can say I felt a sense of accomplishment and confidence that I had never felt so early in my tenure at a job. On-boarding has grown leaps and bounds over the last year and while I've always had the resources I need to succeed, I have the autonomy (seriously, actual autonomy) to run client engagements my way without micro-management. My team is driven and selfless. Everyone hustles and is directly invested in each other's success.

Cons

There is a high level of expectation from the very beginning - I can tell you from experience you will not have an answer for everything (which is 100% ok) and that can drive imposter syndrome. There will be ambiguity, things will break, and at times you will be stressed. Not for folks who are used to everything being clearly defined and figured out for them. While growth paused at the onset of COVID-19 (like many companies) business has exploded as of late. This has meant A LOT of project work and strained capacity in a short amount of time. While great for the future of the company, hiring needs to catch up to meet the demand.

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Glassdoor has 46 ProfitWell reviews submitted anonymously by ProfitWell employees. Read employee reviews and ratings on Glassdoor to decide if ProfitWell is right for you.