The CEO has forgotten what it's like to need to earn a living - Anonymous employee Zayo Employee Review

3.0
Mar 8, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great network. My coworkers are smart and hardworking. We are a real team.

Cons

Zayo expects slave labor at below market wages for the promise of equity that will make us rich some day.

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Zayo Response
12y
Thanks for your post. I know you are frustrated and I hope you are able to sort through your disappointments. You say "we are a real team". Part of being part of the team is communicating. If you have constructive criticism, please consider how you might be able to solve through internal dialogue. The rest of my response is to share facts on the topics you raise. The average cash comp per employee (salary, bonus, OT, and commissions) is $94K. I don't think this is anywhere close to "slave labor". We publish this information as part of our earnings supplement. Our executives' cash comp is very low by industry standards. Hence this $94K is not skewed by executives making a ton of cash comp. (Execs do make a lot in equity.) I am very transparent and honest about equity. I cannot share it all here, but I addressed your question in Chatter. Please read up. I get the question all the time from employees, and I answer it. All you needed to do is ask. The equity plan is very generous to a whole lot of employees. $20M of liquidity has already been paid out to employees (none of this $20M went to me). This also is readily available information.

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Cons

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Pros

Excellent sales enablement, tools, and internal support. Leadership has done a good job creating an environment where Enterprise Account Executives can focus on selling instead of getting bogged down by administrative tasks. CRM data is clean, processes are organized, and responsibilities between Sales, Customer Success, and Account Management are clearly defined. It’s refreshing to work for a company that invests in the systems and structure needed to help its sales teams succeed.

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