Altruist (CA) reviews

3.6

70% would recommend to a friend

(85 total reviews)
avatar

Jason Wenk

64% approve of CEO

57% positive business outlook

Altruist (CA) has an employee rating of 3.6 out of 5 stars, based on 85 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Altruist (CA) employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

85 reviews
2.0
Sep 18, 2023

Bad CEO

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Altruist was my dream place to work until a few months ago. The values really resonated with me and I still love my colleagues. The executive team I have interacted with is down to earth and approachable.

Cons

Jason the CEO decided that he wanted to bring the company back into the office. He gave no rational explanation of how that would benefit the company. Business is doing extremely and the entire company is firing on all cylinders so the reason cannot be business related. Jason's decision has impacted so many people who will find it tough to get a new job in this economy but I don't think he cares. The team worked incredibly hard over the last few years because we believed in the mission and in him but we were naive, after working so hard at so much personal sacrifice the company couldn't care less. This is not new in corporate America but I thought Altruist was different.

1.0
Apr 9, 2024
Recommend
CEO approval
Business Outlook

Pros

The employees, many of whom are incredibly talented and intelligent.

Cons

The company has grown too fast instead of slow and steady, which has resulted in a buggy product and a toxic work environment. Leadership doesn't prioritize the well-being of its employees, so morale is unacceptably low for a company that calls itself "Altruist." The CEO's lack of professionalism and respect is a significant issue. His consistent use of foul language, and the occasional offensive statement, creates a hostile work environment and undermines the company's values. HR's inability to address these concerns effectively is a clear indication of the company's poor management. On a recent all hands, he told the staff that they can leave if they're burned out. Isn't that interesting, coming from the guy who named the company Altruist? As others have mentioned, the performance review is abysmal at best. It is nearly impossible to get a promotion or raise, unless you're favored by leadership. Doesn't matter if you're burned out, doing the job of three employees, working ridiculous hours, and meeting deadlines. However, do not complain about how you feel because HR and leadership are quick to let people go instead of providing a solution. RTO wasn't a terrible idea, but the execution was. It's clear that this was done instead of a massive layoff, even though they assured everyone it wasn't. Think twice before applying to work at this company and save yourself the stress and mental anguish.

1.0
Aug 17, 2023

Lack of empathy or morals

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Interesting and innovative product, working with smart and dedicated people

Cons

RTO is an absolute joke. How do you hire more than half of your staff across the US, work them to the bone the past 6-8 months, and then randomly come up with RTO? Really shows how much this company actually cares for its employees who stuck around during the roughest times trying to advance the company (with no promotions or raises) and then this is how we are rewarded? This very much shows the morales of the company to its core. Work your workers to the bone to build up the company and then pretty much let half the staff go. Good job Altruist, you’ve shown your true colors

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Glassdoor has 91 Altruist (CA) reviews submitted anonymously by Altruist (CA) employees. Read employee reviews and ratings on Glassdoor to decide if Altruist (CA) is right for you.