Wellth Reviews

3.6

58% would recommend to a friend

(26 total reviews)
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Matthew Loper

84% approve of CEO

45% positive business outlook

Wellth has an employee rating of 3.6 out of 5 stars, based on 26 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Wellth 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

26 reviews
1.0
22 Apr 2026

Unethical Layoff by Mission Driven Company

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

One of a kind product. Coworkers are nice to work with. Strong benefits package. Good pay, no salary cuts based on region of the USA. Get to do a lot of different types of work beyond your job title and typical scope.

Cons

What happened to me was simply an unethical layoff. I joined what was supposed to be a normal one on one with my manager, and within seconds I was being told I was being laid off for reasons unrelated to performance, with eligibility for rehire. Almost immediately after that, my computer shut down and everything was deactivated. No notice. No exit package. No chance to prepare. No dignity. Just instant cutoff. All of the overtime and long hours meant nothing. Apparently I was still good enough to rehire someday, just not good enough to be treated with basic decency at that moment. When I joined, the company bragged that it had never had layoffs. Over time, I watched people quietly disappear. No real explanation. No transparency. Just gone. In the end, I became one of those people. That is the clearest example I can give of how this company’s image falls apart the moment employees become inconvenient. That experience told me more about this company than any values meeting or mission statement ever could. It also made the contradiction even worse given that the company was publicly celebrating an oversubscribed $36 million Series C and framing it as validation of its mission and model. There was plenty of language about growth and momentum, just not the same level of care for employees when it mattered. Wellth talks constantly about ownership, mission, impact, and doing work that matters. Employees are pushed to give more than what they are paid for, take on more than their role, and keep stretching because the mission is supposed to justify it. But when it comes time to reward that extra effort, promote fairly, or treat people with basic respect, those values disappear very quickly. The company says employees have a voice, but that was not my experience. That promise means very little when it matters most. Leadership became less transparent for months. Town halls stopped. Communication narrowed. Then people were suddenly hit with notices and layoffs. Some people got more notice. Others, like me, were simply gone. Performance reviews and promotions also did not seem tied to real performance in any clear or consistent way. Hard work alone did not seem to matter enough. Promotions appeared to happen outside normal cycles based more on politics, visibility, and standards that were never clearly explained. You could do more, own more, and carry more, and still watch someone else move up because they fit better into whatever unwritten rules leadership was rewarding. There was also a political side to the culture that made the environment hard to trust. Some people seemed more interested in private narrative building than direct communication, booking side conversations and shaping opinions behind the scenes instead of addressing issues openly. That kind of behavior damages trust, credibility, and working relationships very quickly. I have worked in toxic companies before, and even those places gave me more on the way out than this company did. At least they did not pretend to be something they were not. Wellth presents itself as a warm, caring, mission driven company, but when it was time to show that same care to employees, the mask came off. The timing around bonuses made the whole thing even harder to stomach. Eligibility for rehire? What a relief. I was really worried I might miss the chance to work overtime, get cut off without notice, and then be told I was welcome back as if I would ever say yes.

1.0
8 Jan 2025
Recommend
CEO approval
Business outlook

Pros

Wellth Rewards had so much potential to be a Forbes 500 startup. Unfortunately, a new management will bring this company down bypassing Wellth’s core values.

Cons

Termination at this place is done without a warning and in the most informal and unprofessional manner, via phone from the new director while employees are in their break. This decision came as a complete surprise, especially as not prior notice was given, or an opportunity to address any concerns, as outlined in company policy and standard fair practice procedures. It lacked the clarity and fairness that employees should expect. Employees feel that the lack of formal communication and process from the new director not only left us unprepared but also failed to align with professional standards. We would’ve appreciated a clearer explanation of why this decision was made and whether it followed the appropriate procedures.

Viewing 1 - 3 of 26 Reviews

Glassdoor has 28 Wellth reviews submitted anonymously by Wellth employees. Read employee reviews and ratings on Glassdoor to decide if Wellth is right for you.