BitTitan reviews

3.4

57% would recommend to a friend

(29 total reviews)

Randy Jacops

74% approve of CEO

50% positive business outlook

Reviews by job title

29 reviews

Reviews about "Compensation"

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1.0
Jul 11, 2017
Recommend
CEO approval
Business Outlook

Pros

BitTitan sells a dynamic and "new" collaborative office environment. Food and drinks are provided along with both beer, wine, and hard alcohol on site. BitTitan does throw a good party, and you will have an opportunity to network with other professionals. You will never meet a greater group of front end employees (non executive or leadership). Truly people dedicated to theirs teams and the creative and business processes. Intelligent and driven individuals that I would hesitate to hire if BT was a previous employer, and believe me they are quickly becoming available for new opportunities!

Cons

Take a look at the rating trends provided above by the Glassdoor reviews, it tells the same timeline and story I share with you here. It is the story of a tech giant, an infectious culture that put people first, and rewarded them for their sacrifice that grew the company so rapidly the last 3 years. The saga is as sad to share as it has been to watch. A company with a potential empire, is being poisoned from the inside by excessive arrogance and inflated egos, rapidly increasing disrespect of employees and their value, and finally driven to disgrace by unethical and highly questionable behavior- driven by greed. I am not sure if it was the outside investors, or the executives that lead that initiative, that plummeted the leadership into the selfish and questionable behavior; but the dates those happened and the sharp decline in their approval rating are directly related. There are things you should know if you choose to work here: 1. Recruiting will sell you a flexible schedule and amazing culture, but it is not that anymore. Making a move to this company, now, is career suicide. 2. Your salary will be insulting low, but they will tell you the food should make up for it. Asking for a salary, reasonable and consistent to fair market, is out of the question. The CEO believes that because he did your job for 10 minutes 10 years ago, he is somehow an expert hat knows more than you. It doesn’t matter what you do or the advanced degree you have, he will insist you have no idea what you are talking about and he can do it better. I have never understood why he hires professionals with years of experience but refuses to leverage their knowledge and expertise. The dismissive behavior does explain how he justifies offering such low compensation though- he thinks he is surrounded by idiots. 3. You will NEVER see the 15% bonus and it is in no way connected to your sole performance like you are told in the hiring process. Each manager is given a lump sum based on their performance and if the department makes money for the company. It is then divided between employees based on favoritism. It will also be used as a means of passive retaliation. You will also never get your performance review in writing or with any supporting documentation. 4. Bonus and salary increases are supposed to be paid out April 1st for your performance between July and December of 2016. The company failed to meet their established deadline and did not pay out the performance increases until the end of April. An email was sent from the HR director to all employees that it would be paid out retroactive to April 1st. Any employee that resigned due to the issues I have stated here were denied their bonus and salary increase retroactive to that date. This is retaliation in its most simple form. 5. The toxic environment so many speak of on the reviews is accurate. Retaliation is a tool of the company and leadership. It is not the HR doesn’t care, it has no power. When HR and legal began to escalate, and bring to light, the complaints regarding the toxic and retaliatory environment the SR. Managers and Directors were accused of having “performance” issues. I don’t know about you, but when I see my HR department go from 8 to 2 people and Sr legal counsel leave, because of resignations, in under 90 days, I question the story I’m not hearing from leadership. 6. When leadership doesn’t like you, your team will go through a “re org”. They pick and choose employees they want to keep and even provide a heads up to them that they are “safe”. What leadership doesn’t understand is that not all common sense is common, and those employees you shared that information with will talk to other employees. What makes it worse is when it was ABSOLUTELY accurate in the end, so unfortunately it can’t be blamed on rumors. They say they justify terminating sales people who are under performing, while bragging about record sales all at the same time. 7. Since January of 2017 the turnover rate has rapidly grown into the double digits as employees leave in droves for other opportunities. They had originally invested a significant amount of the investment money on a new office for all the rapid growth they had projected in 2017/18. That changed when they realized their fiscal irresponsibility had drained their funds and they couldn’t afford to pay the salaries of truly talented individuals being recruited. They are wasting thousands on an office floor they can’t even use because the headcount tanked, maybe they can free range the egos of the executives on that floor so they can stop dumping on their own employees. 8. Leadership brags that the Singapore office culture is so great, and that’s where they should be growing. I agree. It is great cause you are half a world away and can’t drive it into the ground at the alarming rate of your success here in the states.

5.0
Jun 5, 2017

Awesome Company Getting a Bad Rap

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I worked at BitTitan over a year ago and it still lingers in my memory as an amazing place to work. It's really too bad that these negative reviewers are going after this place. First of all, note that most are FORMER employees, who were likely terminated for performance reasons. Second, if you really dig down into the content of the reviews, there is not much substance. I won't call out any review particularly, suffice to say that the underlying issues are normal for a growing company. Third, as some have pointed out, I'm sure some of these reviews are reposts under throwaway accounts. Here is the reality: BitTitan continues to dominate its market BitTitan just won the NextTech Titan in Geekwire, a huge honor

Cons

Since it's been over a year since I worked there, I won't comment on current cons. While I was there, the pay was bad but that was the only real con for me.

1.0
Jan 11, 2017

Wolf in Sheep's Clothing: Watch Out Goldilocks

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Benefits - Free food/drinks - Pool/foosball - Company events - Talented employees - MigrationWiz

Cons

- Leadership who becomes upset when you ask about salary increases, specific questions about product impact on customer network, and other uncertainties of where the product roadmap is going. Where's the professionalism? - Leadership who talks badly about their employees, slamming their desk on phone calls, calling people "idiots," yelling, rudely dismissing questions from other departments very openly since the seating arrangement is in an open floor plan. Aren't there conference rooms? Take these calls privately. - If you hit/exceed your quarter goal, they'll go out of their way to make sure you don't make the bonus and move it into the next fiscal/quarter/territory or make up an excuse that you didn't work hard enough. Also there's no way to track this, so it's all behind your back until you see $ missing. - Favoritism -- if you don't kiss the behind, you don't get very far. - If you are opinionated, you'll get in trouble and be scheduled an un-productive meeting with the VP to talk around the actual issues. You're better off talking to the HR/Talent team - at least they care about your concerns. - Unlimited PTO doesn't exist. False advertising. - Working remotely varies by department in HQ. You're allowed 1 work from home day/per week in Sales. - Advances in salary increases based on performance is a joke, even if you're top performing in your area. Beware of the BitTitan kool-aid. They have a strong focus on making perception into reality - swag, free food/drinks, shiny awards, etc. Look past that, ask lots questions if you decide to interview here. Don't get side tracked by hiring managers who go off tangent if you're asking a question they're trying to avoid answering.

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