Pros
Some really smart people. Unfortunately none of them work in executive management. Executive management is disconnected from those generating revenue at the various orgs.
Cons
1.) CEO/Exec Chairman is only focused on the short-term and trying to make the numbers look better to the analysts 2.) See above, in 2023 Company went away from legacy PTO to an FTO policy in order to reduce PTO liability (short-term focus) 3.) NV5 offers a 401k plan - however they do not contribute cash. They contribute stock that cliff vests after 3 years. Obviously no retirement benefit as the taxes are not deferred. Additionally, every stock grant vests over 3 years, regardless of an employees years of service!! It is ridiculous! 4.) Company offers a "performance bonus" annually. However, the bonus is paid in restricted stock, which then vests over 3 years! How does a performance bonus that an employee earns then have a future vesting requirement? That is not a performance bonus. That is an instrument that should be used for retaining key employees. 5.) Numbers 2, 3 and 4 above are ways executive management has created in order to not pay employees cash. Why not incentive employees with cash? 6.) In number 2, above, executive management decided to move employees to an FTO policy (which they said is better for employees). Ok, if it is better for employees, why are executives still on PTO policies? Do they not understand this is all disclosed so employees can see through this?
