Leadership change long overdue - Anonymous employee Salsify Employee Review

3.0
Mar 1, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- great people across the company - intelligent, collaborative, social - strong customer base - almost every brand you can think of is (or has been) a customer

Cons

- above all the leadership team needs to turn over - most of the C-Suite has outlived their usefulness at this stage in the company. The founders are smart but not prepared to take the company to the next level; the rest of the C-Suite is homegrown and/or lacks mature company experience. Good people but not the right leaders now - comp and benefits are not competitive with other tech companies - the comp benchmarks they use are generic/low and increasing rigidity around promotions limits upward mobility for many. Equity is also a joke for anyone who has joined in the last 3-4 years, as the potential value is minimal; only lifers have real skin in the game anymore - layoffs have created a culture of fear and protectionism - no one knows if a bad quarter is going to cause another round of layoffs, and collaboration is declining as people try to protect their turf. People are also just tired of everything they've gone through over the past 3 years and leadership expresses little appreciation for the challenges those remaining have gone through - more strategy whipsawing than you can imagine - every few months there's a new strategy and never enough time/energy/focus to ensure they are successful

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Salsify Response
2y
Thank you for taking the time to leave this feedback. Your comments reflect a feeling shared by many of our employees: our people make Salsify the great place that it is. As a company that has gone through many highs and lows over the past 18-24 months, we know there are opportunities to work on and regain trust in our leadership team. This is a priority for 2024. Regarding our Total Rewards package (comp, benefits, equity), a member of the PX leadership team would welcome a discussion on what you're seeing in the market to ensure we are evaluating all options to remain competitive. Please let us know if you're open to a conversation about your feedback.

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