Ongoing Growing Pains from 2018 Acquisition
Pros
Good benefits package. Salaries seem competitive. People: the teammates I work with on a daily basis are very talented and hard working. New owners and bringing in more experienced executives and managers.
Cons
The acquisition by private equity firm and subsequent forced merger in 2018 has completely changed the company. We used to have a great start-up mentality, where everyone just wanted to work hard to help deliver a great product and keep our clients happy. However, now that the new owners have installed their folks in management, they have put an emphasis on profit and performance metrics. Teammates who used to go out of their way to help others, go the extra mile for clients, or write extra high quality software just don’t do it anymore, because it is not visible on a performance metric the owners care about, and it will cost you in other metrics. This is also causing unhealthy office politics to increase in my observation. Overall, I feel their approach will produce success for the board, investors, and executives in the short term, but I feel like a lot of people on the ground at the company are the ones paying the price right now. Though maybe we had this coming, and this will weed out the people who cannot play ball in the new system.
