Datasite reviews

- Barely any pay raise nor bonus. Extremely stingy on junior staffs. - Friends, sons and daughters of senior management get promoted or placed into important positions without any significant achievements. - Incompetent management making critical decisions without any follow through nor taking repsobsiblity for their actions/ideas. - Bad product management and lack proper planning. So many bugs on the new platform, yet no one seems to be fixing them. Pushing to sell the new platform without any planning nor communication from top down (this should be done MONTHS ago before any formal product launch). Product management seem to be pushing responsibilities to other teams instead of taking issues into their own hands. - Some bugs and issues are known existing on the old platform for years without any proper fixing. "Lack of immediate business needs" claimed by certain management. - Zero open nor honest communication from top down and you really get this feeling that they do not care about people below them. - No career growth at this company. High turnover rate. - Culture of bullying and throwing people under the bus just to save oneself. - Favoritism is real at this company. Some sales people do not hustle, barely close any deals within the year, yet they are still allowed to stay with the company. Some of them are even given incentive trips to overseas. - IT is pretty bad despite the fact that Merrill Corp is supposed to be a "tech company". - Leads micromanaging just to play the management game instead of doing any of the actual work. Cover up and laugh off at their own mistakes. - Management gets overpaid for doing to little. - Management doing all kinds of "strategic work" without any solid substance nor proper realistic planning nor focusing on details. Too many big mouth talking without any technical knowledge nor hands-on experience nor expertise to backup their so-called vision. - They keep hiring people from Merrill Corp's competitors (ex. Intralinks, DD) without further consideration on whether the new hires are actually good at their job or whether they are a good fit for the company. - Company lacks global vision despite claiming to be a global leader. Merrill will always remain a VDR vendor and nothing more.

The new CEO has appointed a number of senior management roles and a lot of these are filled with people who have no idea what they are doing. There are also countless levels of management and reporting lines so that there is no direct route to Senior management anymore and they have become anonymous. A number of the Datasite sales team (the companies core business) have been with the company for some time and there is a level of arrogance and self interest with the senior Datasite team that precludes anyone joining from getting on quickly. Be wary as they cannot be trusted and will happily steal business from you and take credit and commission for your work if you let them. This is not a pleasant company to work for for these reasons and I would not recommend it unless you just need a stopgap while you look for something better.