If you are considering working at CashEdge, be aware that the political climate is volatile. - Project Manager CashEdge Employee Review

2.0
Jan 30, 2009
Recommend
CEO approval
Business Outlook

Pros

CashEdge has a near monopoly on internet banking applications for account opening, funding, and funds transfer. CashEdge's business model is conducive to revenue growth, as fees are charged for each transaction, and transaction volume of internet banking is increasing.

Cons

Empire building by some of the departments creates tension within cross-functional teams. Management's agenda is often hidden, or at best, poorly communicated. Ranking of individual contributors is forced into a 10-20-40-20-10 distribution, which is then used to discredit individuals and lower bonuses. Some employees have not seen a raise in 5 years. There are no cost-of-living adjustments or yearly pay increases.

Explore other reviews about CashEdge

4.0
Sep 1, 2016
Recommend
CEO approval
Business Outlook

Pros

Great company culture, structure and stability in a small company.

Cons

Over promising timelines leaving no buffer for project delays or failures.

2.0
Jan 4, 2010
Recommend
CEO approval
Business Outlook

Pros

Casual environment. Employees under my general department are nice and competent. Salary for my position is decent. Benefits start on first day of employment. Stock options - although, not public yet. Has new products; potential for growth.

Cons

Only 3 weeks PTO total. No raises/cost of living increases. Bonuses are uncertain, not sufficient and it is not made clear how they decide who receives it. Company does not contribute to 401k. Communication within department and company is terrible. Company has been saying for a long time that they are going public "soon" but has not happened yet. Company is very unorganized with processes and procedures! Training is poor. In "start-up" mode after 10 yrs. Always uncertain about how company is really doing. When economy picks up, the turn over rate will be likely be very high like it was a few yrs back. Seems very top heavy with too many managers is each department. Would not recommend working here unless desperate for a job. Morale is low.

3
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