Transparency? - Anonymous employee Abrigo Employee Review

3.0
Feb 15, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free lunches - but now it feels more like high school. if you get to the kitchen and are first in line each day, your manager will be talked to about you not being a good penguin. ( ridiculous but true) Great people who work very hard to make this company successful. Open seating is good and bad. Some departments are extremely loud and are not respectful of others attempting to work, but don’t mention it as then you are not being a team player and don’t “fit” ( yes managers have said this out loud)

Cons

Removal of certain positions from bonus pool participation was a HUGE. surprise this year. In years past all of the penguins (employees) were eligible but 2019 brought big changes of non eligibility. I don’t recall this being announced at a Company Huddle. Why would you only allow Some if your people to participate when we all take on more duties and hard work? With the various acquisitions the work has certainly increased but there no additional pay as that is not considered “over and above” performance . Don’t plan on increases even if the volume of work doubles/triples.

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Abrigo Response
7y
Thanks for your feedback. I certainly agree that we've got great people/Penguins and can agree that there are pros/cons to open seating. I would encourage you to discuss any noise issues with your manager or HR if you've talked to the offending Penguins and haven't gotten the response you want. After all, it's always best to treat others as you would like to be treated by having the respect and courtesy to talk to them directly. We can all agree on that. I'm surprised by your two primary criticisms, but will nonetheless address them so that anyone reading this gets the actual real facts and story. First, free lunches. We offer those in the Austin office. Other offices have different perks and we try customize and differentiate based on the desires/needs/requirements of each office. For example, Raleigh has dogs in the office but not in Austin. Austin lunches are buffet style and intended to foster camaraderie, teamwork, and convenience (there are no convenient restaurant options immediately around the building like there are in Raleigh). Consistent with that purpose and our values, we ask Penguins to be respectful, courteous, and considerate of their teammates (see paragraph one). We have customer facing Penguins (and others) who are often on the phone or tied to their desk when lunch is served and can't get there immediately like the reviewer. One of our values is Love for Others, which includes serving each other and showing respect/courtesy for one another. The reviewer and members of their team were obviously asked by their manager to live our values and not go first every day in the lunch line and maybe allow others a chance. Seems reasonable to me and I support the manager in this action. After all, if you saw the same handful of people going first every single day and sitting only in their own clique without interacting with anyone else (like high school), wouldn't you say something too? As CEO, I will look out for all Penguins and ensure that our hard working, customer facing Penguins get to take a break and have lunch with us. It's a shame I have to deal with a comment like this on Glassdoor when there are so many more serious issues to address. The second concern raised in the review that requires a response is regarding removal of certain Penguins from the bonus pool. What the reviewer is referring to is a change effective January 1st, 2019. Prior to that, every Bankers Toolbox and Mainstreet Technology Penguin was on a bonus plan. When we pulled these companies together (including Sageworks, which did not have a bonus plan), we launched Abrigo and created the new Abrigo bonus plan. We got outside help for this and adopted recommendations and best practice. The primary change is that Penguins with relatively small bonus targets (typically 5-8% of their base pay) had that amount rolled back into their base pay effective 1/1/19. That's right, their base pay WENT UP and was no longer variable or at risk. So the reviewer is disingenuous regarding this change. Of course, there was a rationale for the change and that was explained as well. I've not heard a single complaint about this change (quite the opposite actually) and our total compensation costs went UP, not down, as a result of the new Abrigo bonus roll out. Further, this change was communicated at the company level, to our managers, by managers to their team, and then with a personal letter to every single Penguin that was affected outlining their specific changes. I'm not quite certain how the reviewer could have missed all that or be so misinformed. But I can assure the reader that this is an outlier. My apologies for the long response, but I try to be transparent and thorough when responding to concerns, especially when they are not factual or warranted. I always own and accept feedback on these reviews. But every now and then it requires a detailed response to a review in order to get all the facts out there. When it comes to protecting our culture and our Penguins, I make no apologies and will defend and promote Abrigo with all that I have. And despite the reviewers comment, I take pride in walking the talk. We are building something special together, growing rapidly, and creating a great company and culture. I hope the reviewer will come chat with me or someone about their concerns now or in the future. For those reading this, I hope the explanations make sense and help better understand our company. Best regards, Wayne Roberts Chief Executive Officer - Abrigo

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Excellent benefits and work life balance

Cons

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Pros

Working at Abrigo has been a really positive experience for me. The company has built a culture where people genuinely support each other and take pride in the work they’re doing. Teams collaborate well, people are approachable, and there’s a strong sense that everyone is working toward the same goal. It’s an environment where you feel trusted to do your job and encouraged to grow. Leadership also does a great job reinforcing the company’s values, which helps create a culture that feels both supportive and high-performing. Leadership at Abrigo is another big strength. The executive team is experienced, thoughtful, and transparent about where the company is headed. Communication from leadership is clear, and they do a good job connecting the day-to-day work employees are doing to the broader mission of helping financial institutions operate more safely and effectively. It feels like leadership is focused on building something sustainable and long-term rather than chasing short-term wins. From a product standpoint, Abrigo has strong product-market fit because the solutions address real, mission-critical problems for banks and credit unions. Financial institutions face increasing regulatory pressure around areas like fraud, anti-money laundering, and risk management, and Abrigo’s platform helps them manage those challenges more effectively. Customers rely on these tools to protect their institutions and stay compliant, which makes the work feel meaningful. One thing I especially appreciate is that the company listens closely to customers and continually improves the platform based on real-world feedback.

Cons

Like many companies that grow quickly and take on private equity investment, Abrigo has gone through a transition from a more startup-style environment to a more structured, performance-driven organization. That shift can come with some adjustment as processes, reporting expectations, and strategic priorities evolve. Teams sometimes need to adapt to new systems, metrics, and operational discipline as the company scales. While that can create occasional friction during the transition, it’s also part of building a more mature organization that can continue growing and serving customers at a higher level.

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