Basis Technologies reviews

4.2

82% would recommend to a friend

(81 total reviews)
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Shawn Riegsecker

90% approve of CEO

68% positive business outlook

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81 reviews

Reviews about "Compensation"

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3.0
Feb 12, 2014

Great place for first job

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good work-life balance, free food, good location

Cons

Poor on-boarding, salaries are not competitive, little room for growth. Large divide between upper management and lower level employees.

4.0
Feb 12, 2014
Recommend
CEO approval
Business Outlook

Pros

Some very smart, passionate co-workers. Flexible schedule and vacation. Ability to work from home as needed. Chance to have an impact on an industry. Work/life balance. Very approachable CEO. Great compensation and benefits, seriously.

Cons

Lots of new first-time managers in more senior positions. Rapid growth leading to hasty hiring practices. Requires immense domain expertise (long ramp up period for new hires). A considerable amount of technical debt to overcome. Poor decisions in recent past appearing to affect an uncertain future. Difficulty managing expectations and delivering in a timely fashion. Not much individual accountability. A culture that seems to be evaporating, albeit slowly.

5.0
Jan 14, 2014

Always excited to come to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Healthy business - the top executives know how to run a profitable and financially-stable company. We're not in the "spend at all costs to scale" mode like many of the VC-driven tech firms in the business. We're under the same pressures but we know how to do it in a way that is right for our employees. Employee happiness - We emphasize employee happiness. We've been voted the #1 best place to work in Chicago for three consecutive years -- and it easily can be applied to all our other major hubs. The benefits and employee programs are top notch. Bonus program is fantastic and the fact that the company has a consistently healthy business makes it even better. Paid sabbaticals in the 5th year of employment, free health screenings yearly (with discounts off health premiums just for participating), stipends for health equipment and gym memberships, the company funds health savings accounts for all employees. I can go on and on. Great co-workers - from Day 1, I was welcomed like I was family, like I was already a lifer at the company. And it continues today. It makes it fun to go to work. Stability - there are 40+ people taking Sabbaticals this year. That's a lot of tenure. People want to stay.

Cons

We're in an industry that rewards boastfulness, massive spending and shady tactics that we don't do. But we'll pay for it because we don't follow the industry norms. We don't do the massive year-end parties where companies fly all employees in to one location to 'do it up.' We're not lavish in that way. We didn't raise dozens of millions in venture capital to spend so we have to be prudent and smart about how we spend our profits.

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