Does Schmidt Futures pay their employees well?

According to anonymously submitted Glassdoor reviews, Schmidt Futures employees rate their compensation and benefits as 4.7 out of 5. Find out more about salaries and benefits at Schmidt Futures. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Schmidt Futures?

78% of Schmidt Futures employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Schmidt Futures 3.9 out of 5 for work life balance, 4.1 for culture and values and 4.2 for career opportunities.

What are the top reviewed jobs at Schmidt Futures?

Analyst (3) , Consultant (2) , Director (2) , Software Engineer (2)

What are the pros of working at Schmidt Futures according to real employee reviews?

"Great people and awesome mission" ((in 10 reviews)); "The People and Culture team also goes above and beyond to make the workplace a productive and fun one, whether it be community events, breakfasts/lunches, affinity groups, or support for team building ideas." ((in 4 reviews))

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Schmidt Futures

Schmidt Futures Reviews

4.2

78% would recommend to a friend

(33 total reviews)

Eric Schmidt

93% approve of CEO

94% positive business outlook

Ratings by category

4.7

Compensation and benefits

4.2

Career opportunities

4.1

Culture and values

4.1

Diversity and inclusion

3.9

Work/Life balance

3.8

Senior management

Schmidt Futures has an employee rating of 4.2 out of 5 stars, based on 33 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Schmidt Futures employee rating is in line with the average (within 1 standard deviation) for employers within the Non-profit and NGO industry (3.7 stars).

Reviews by job title

33 reviews

2.0

10 Aug 2022

Tricky place to navigate

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Incredibly smart, bright, well-intentioned people

Cons

Extreme lack of transparency, very little decision making power besides the CEO, gossipy, punitive

5.0

15 June 2021

Came for the mission, stayed for the people

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

This is likely the greatest concentration of exceptionally smart, intellectually curious, and collaborative people I've ever worked with. Organization is dedicated to impact across a diverse array of issue areas and scaling quickly.

Cons

Has the challenges associated with a medium-stage startup that is scaling rapidly.

4.0

3 June 2021

Inspiring place to begin your career

Analyst

Recommend

CEO approval

Business outlook

Pros

Schmidt Futures provides strong opportunities to build a foundation for your career. It feels like a liberal-arts education for the working world, because you are exposed to many different areas of focus and have opportunities to learn something about everything. There's plenty of flexibility to move around and try new things, which is a great feature for people early in their career who aren't sure what they want to specialize in. As well, you are exposed to amazing people in the office and in the larger Schmidt Futures network. You can get really strong on-the-job training and technical skills, and employees are asked to step out of their comfort zones on day two. There's a strong bias toward actually trying to solve problems in the world, rather than just theorizing, debating, or complaining about them. People are genuinely motived by the mentality of: Okay - this is a problem in the world; how do we make it better? This outlook is very refreshing nowadays, and has forced me to take on a problem-solvers mindset. Salary is very comfortable for people fresh out of college living in NYC.

Cons

The hiring process can be pretty long and a little confusing. The raise and promotion benchmarks are also a bit unclear. Maximum flexibility for analysts means you won't get stuck doing something you don't like. It also means you may not get much expertise in any one subject area, unless you decide to make it your focus. Schmidt Futures provides funds for continuing education and professional development. But it's incumbent upon you to find those opportunities and try to take advantage of them in your spare time. Of course, since the projects you're working on are demanding enough, it's hard to find time to actually take those courses and acquire those supplemental skills you need to advance in your career.

Viewing 1 - 3 of 33 Reviews