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
Aug 4, 2023

Disappointing

Recommend
CEO approval
Business Outlook

Pros

I truly love Altruist's mission and knew I was a great fit in terms of values because Kindness, Brilliance, and Grit are all part of my personal life motto. I also loved the work I was hired to do and was passionate about keeping the flywheel turning.

Cons

We launched multiple company-wide initiatives at the same time, almost during tax season, which has led to a lot of internal disfunction. I'm not sure who thought that doing anything besides focusing on self-clearing would be a good idea but we weren't prepared. Specific to my role, I asked multiple times for next steps for promotions and was told my manager and HR "didn't know." They wanted me to take on more work with no pathway to promotion or even getting paid more. Very disappointing that they don't care enough to retain employees. I had high hopes that this company would walk the talk, but leadership clearly isn't showing kindness, brilliance, and grit despite talking about it often. I would only recommend this place to work as a short-term opportunity since they don't care to support long-term growth.

1.0
Jul 22, 2023

Lay-offs disguised as RTO

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I truly believed in Altruist's mission and felt proud to be a part of it. The type of work was/is exciting and challenging.

Cons

The RTO mandate and the way it's been handled has been nothing short of absurd, and it has left many utterly dismayed. People are now facing uncertainty and the possibility of losing their livelihoods during a tough job market.

1.0
Apr 7, 2024

Poor leadership, worse culture

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lots of smart, nice people driven by a once hopeful mission.

Cons

Culture and executive leadership went downhill fast early 2023. After rolling out some major initiatives and funding, I believed the frantic feeling of the culture would improve, but it only sloped further once RTO was announced. As morale declined among individual contributors, HR and senior leadership seemed to feel it was an “us against them” situation, with underdeveloped and overworked middle managers squeezed in between so tightly they’ve mostly cracked. Many great team members have left, most who remain are actively looking to leave as soon as possible. Promotions and raises are based on good behavior opposed to good performance with people who raise concerns being pushed out quickly. The CEO continues to stray further from reality as he spends the majority of his time working on side projects but employees are actively discouraged from having their own side projects. The offices do not have the capacity to hold all of our employees therefore we are unable to collaborate with other teams in accordance with the initial reasoning for RTO. The Los Angeles office is loud with minimal private spaces making the working arrangements difficult for those of us who have frequent meetings both internally/cross-departmental or externally. In office perks we were told of when RTO was first announced went to the wayside by the time we were in office such as free lunches, a valet, etc. Everyone seems extremely unhappy but unable to discuss it without risking a target on their back.

Viewing 7 - 9 of 85 Reviews

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.