Beyond, Inc. reviews

2.5

22% would recommend to a friend

(217 total reviews)
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Marcus Lemonis

6% approve of CEO

16% positive business outlook

Reviews by job title

217 reviews

Reviews about "Compensation"

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3.0
Oct 3, 2013
Recommend
CEO approval
Business Outlook

Pros

Laid back atmosphere, flexible. Has tremendous community values on some things. Excellent development team.

Cons

Upper management uses emotions and will often make decisions on things they do not understand. Moving ahead in the company more often is who you know, not how hard you work. Bonus system is next to nonexistent, unless you are an executive, and never transparent.

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Beyond, Inc. Response
12y
The bonus system was changed for 2013 to address concerns like those expressed in this review about transparency. Basically, the 2013 bonus plan is to take a designated percentage of company profit as a company-wide bonus pool, determine how many weeks pay that amount represents, then award all eligible employees a bonus equal to that number of weeks. So for instance, if the bonus pool at the end of the year equals 2 weeks payroll for the company, then all eligible employees will get a bonus equal to 2 weeks pay. That will be true for executives as well as others. That should demonstrate 2 things: company leaders are listening to our associates' concerns and are willing to try new approaches to address those concerns where we can. Of course, no company is perfect, and we don't claim to be, but I think we get a bit of a bad rap at times from people who probably always find something about which to complain.
4.0
Oct 3, 2013

Not perfect (no company is) but works hard to improve

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some of the executives understand the company's cultural shortcomings and are working hard to improve it. There is lots of opportunity for promotion for those who understand how to maneuver through the system and are willing to deliver high performance consistently. There has been a consistent process in place for quite some time for delivering competitive pay and benefits and it is starting to pay off. Employees who are patient and willing to personally contribute to improve the culture are much happier and productive than those who only focus on the growing pains. Overstock has a bright future because the people who work here (including senior management) really care about making Overstock #1 in the industry. By many measures it already is. The tools and technology developed here are first rate.

Cons

The purpose of a company is to deliver superior value to the customer and other stakeholders. Some executives seem to forget that employees are also stakeholders. Conversely, some employees think a company exists only to make their lives better. The two competing views have caused friction in the past, and like any company, will cause friction in the future. My view is that the problems are simply a matter of growing pains.

4.0
Aug 23, 2013

Great people, great opportunities.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Overstock combines the fun and excitement of a start up without the long hours and worry of 'will they be around next month'. - Work/life balance is great - Plenty of opportunities to grow your career - Flex hours - Plenty of educational opportunities - Raises bases on performance - Team based culture, big egos don't last long here

Cons

- E-retail is seasonal, things get a bit chaotic going in Q4 - A lot of projects aren't well defined and require IT to flush out the details to get it across the line. - The CEO, you love him or hate him

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