Of Course It's Because of Management - Analyst Happen Bank Employee Review

2.0
Jul 20, 2021
Recommend
CEO approval
Business Outlook

Pros

A jacket or backpack may be given from time to time.

Cons

You get to hear where the CEO stands as far as the timeline to get his hair and beard trimmed. It leaves me on the the edge of my seat every All Hands Meeting. LC leased a brand new building in Lehi and spent a fortune in this pseudo-sanctuary for itself and now to save face and despite everybody WFH at 1/3 or less the workforce capacity pre-covid, is forcing everybody back to work because of "need of collaboration" between teams. The raises I've gotten don't qualify as COLA because they are less than the yearly rate of inflation. They've laid off about 1/3 of the workforce after covid hit, and my department went from about 34 to 17 people. We kept up the workload for over a year despite this reduction. Now because of the Radius Bank acquisition, they are only onboarding contingent workers as they are pushing to automate its treasury/finance department and lay off the rest of the department. Managers have experience w/ data manipulation and analytics, but there are no people managers. There is no one acting on behalf of and for the benefit of the employees. They employ the stick method of management visibility and good luck if you ever need to be out sick or go on vacation. LC pushes this culture of everyone being part of this "Club," but like all other company cultures, LC is firstly and lastly a job. There is no additional benefit to this "Club Culture" they push. A word of advice to those who are not customer service phone jockeys: LC Lehi is a call center, therefore the vibe is a call center. If you're not into wearing pajamas or sport attire at work, your department may still participate in its "fun, culture-promoting" activities. LC was the first company where I felt lovebombed when I first onboarded. But as with all cults, the thin veneer of pure joy eventually wears off. And you realize they're no different than many other companies, and for a company that touts a lot of innovation, they seem reticent in explaining why they follow trends instead of creating their own path when it comes to treating employees better. I've witnessed a steady exodus of employees since October of 2019, and I never understood why until I've seen how things are really done on the inside. I am not a bitter employee writing a trolling review, I am just disappointed.

Explore other reviews about Happen Bank

5.0
May 31, 2026
Recommend
CEO approval
Business Outlook

Pros

nice office and learned a lot

Cons

did not get to work too cross functionally

2.0
May 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent starting pay and some good teammates. The company is highly profitable and continues to grow. Opportunities to take on new responsibilities and expand your scope. Equity awards.

Cons

Over the course of several years, I have been given additional responsibilities multiple times without more compensation despite the company’s strong financial performance. While I’m happy to contribute, the pattern of increasing responsibility without recognition is a major demotivator, even to your most diligent employees. It's tiresome. It doesn't take much effort to make strong contributors feel seen and valued, and it's such a missed opportunity not to. The company frequently talks about culture and values, but there is infighting and rivalries between teams and individuals. That energy creates drama instead of collaboration and leads to repetitious mistakes. Good people — especially top performers — eventually leave because they can.

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