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Advicent Solutions

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Advicent Solutions reviews

3.0

46% would recommend to a friend

(50 total reviews)

Angela Pecoraro

43% approve of CEO

31% positive business outlook

Reviews by job title

50 reviews

Reviews about "Compensation"

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2.0
Aug 28, 2020

The stress is not worth it

Recommend
CEO approval
Business Outlook

Pros

I thoroughly enjoyed most of the people on my team that I got to work with in my day-to-day life at Advicent. A handful of my colleagues will remain close friends of mine. PTO started out at 4 weeks, but I believe that has gone away for all salaried employees.

Cons

The level of stress and dread that my role caused me to experience is unparalleled by any other job that I have had. The executive team seems to think that Advicent is far more innovative than they actually are. Additionally, I heard through the grapevine that when the company did massive layoffs in early June, the executives took no sort of pay cut to keep more employees on board. If this is true, it paints a selfish and greedy image of their character. In my experience, there is very little room for growth at the company. If you are working in a support role, be prepared to take a handful of verbal abuse, not from your colleagues or leaders, but from the financial advisors that will be calling into the queue. I cannot fault Advicent for these problematic callers, but this is a significant factor that made me anxious about coming into work every single day. Not all of the callers are rude or abusive, but the bad calls stick with you. Eventually I found it difficult to separate work from home, and I carried the stress of working here with me everywhere.

1.0
Aug 10, 2020

Not what they promote they are

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexibility, generous PTO, nice office and good location

Cons

Prepare for group think and don't expect leadership to take accountability for any decisions. They say they have an open door policy, but if you don't agree with the group think and try to share new ideas, you will be ignored, blacklisted, demoted, or RIF'd. Continue to sell their flexibility and "culture" as a reason for their poor pay, when in reality they haven't kept up with the times and they are now behind with that as well. Your ability to make an impact is in execution only. Do not expect to to have any say in the decision making process, which takes forever because all of executive and senior leadership needs to "buy-in" before they proceed with anything. Overall not an environment where leadership cares about employees. They care about their own bonus and compensation and selling the company, and that is it. They say they have transparency, but in reality they have no idea what employees deserve to know and seem to share information, but nothing that is actually important or relevant to the situation of the company.

1.0
Aug 4, 2020

Don't even think about it...seriously.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are highly skilled and passionate people here who could be working at the big tech companies in the US. They tried to make the best of their jobs for what it is and it served as a springboard for a better career. Advicent is good for recent college grads who need experience in order to get a better job, although you will be miserable for the two to three years of experience you need to get a better job.

Cons

Trust me on this. Do not work here. I know you might be desperate. You might feel like you have no other option. But your sanity is worth more than Advicent will ever pay you. I believe that every person, regardless of your experience, can and will do better than working at this company. Why you shouldn't work here: - Pay is extremely low, lower than most tech jobs you'll find in Milwaukee. I had zero clue just how undervalued I was until I landed my next role. I tried to ask for raises but I was shot down for absurd reasons not related to performance. - Performance reviews are fake. They are based on how close you are to being promoted due to years of experience, not on actual performance. Therefore, take performance reviews with a grain of salt. If you're still new, they'll have to make up reasons why you're performing 'poorly'. It also benefits their budget to say you aren't performing well because it means your bonus is lower. You can put in a lot of 60 hour weeks and still get a low performance score for nonsensical reasons because they don't want anyone getting a high bonus. - Some managers do not need to be managers because they have no clue on how to be a manager. Instead, they try to live out what they think a manager is supposed to be and it often fails or makes you miserable. I don't necessarily blame the person who is the manager, but the company for putting that person in that position. - Leadership blows every penny they have on the most unnecessary things possible because money burns their their pockets. Vanilla Ice, trips to the Caribbean, a hardly-used Collaboration Center, and prime seating at Summerfest are essential costs. Retaining customers and keeping essential devs employed is an unnecessary cost. I have a feeling based on all the victims of the Covid-19 layoff that leadership is trying to burn as much money on themselves before the company goes under. They did not take a salary cut or reduce benefits like most other tech companies did to avoid layoffs because they said (and I quote), "We work too hard." For a FinTech company, they don't actually understand how to be good stewards of their finances. - Leadership has an extremely unclear and chaotic vision of what they want. Good luck being a dev, a designer, a product owner, or a business analyst and trying to figure out what they want. It seems to change with their mood. The company is extremely reactive to competitors but they're already five-to-ten years behind. It is too late to play catchup. - Management doesn't listen to devs. I think other recent reviewers have covered this very well, but I am just emphasizing that it is, in fact, very true. - The Open Door Policy is just fluff. It's not real. Don't ever expect to talk to anyone in leadership. If you get the chance, expect your questions to be answered with standard political non-answers. - They tried to improve the company culture with a bunch of meaningless surveys, but the surveys obviously didn't touch on the actual problems. Instead, they identified supposed problems like "recognition" and fixed it with more fluff that doesn't address the problems. There was already a culture of recognition in the company with an award called an Aced-It, but I'm also convinced that the people who got the most Aced-Its were the ones laid off for some reason.

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Glassdoor has 155 Advicent Solutions reviews submitted anonymously by Advicent Solutions employees. Read employee reviews and ratings on Glassdoor to decide if Advicent Solutions is right for you.