OpenText reviews

3.2

52% would recommend to a friend

(686 total reviews)
avatar

Ayman Antoun

34% approve of CEO

43% positive business outlook

Reviews by job title

686 reviews

Reviews about "Compensation"

Return to all reviews
1.0
Dec 23, 2021

Horrendous CEO

Recommend
CEO approval
Business Outlook

Pros

Strong team culture within small groups. And that's the only pro as an OpenText company.

Cons

Horrible CEO for so many reasons. Here are some highlights: -"I never saw OpenText as a place people go to retire." [When asked why the 401K match was only 1% and doesn't even fully vest until 4 years] Because sure, nobody thinks about saving for retirement throughout their entire career. -"I could spend 25 grand tomorrow and pay a click farm to get those numbers up." [When asked what he thought about the poor reviews on glassdoor] Why embrace criticism and try to be better when you can simply cheat the system? -"Some people rely on those dividend payments as their source of income." [When asked why employees were being forced into 5-10% pay cuts at the start of COVID, while the dividend was not touched.] The CEO works for the shareholders, not the employees. That is not up for debate. But to put the entire burden on employees last year was disgusting. Full disclosure, employees were eventually "made whole" from the wage cut, but not for over a year. When you consider that they froze merit increases and we experienced heavy inflation while the stock market boomed, the money that came back to us was nowhere near enough to truly make us whole. -Mark loves to spend company money on high profile people to chat with him on company calls. Al Gore and Neil deGrasse Tyson are two recent examples. He is so desperate to be one of the cool kids and rub elbows with the rich and famous. Much respect to Neil dGT for recently calling Mark out on having an enormous ego when asked for his thoughts on freezing and thawing people 300 years into the future. "The future doesn't need you. In 300 years you'd be the dumbest person on the planet. You'd have to start over at kindergarten to learn about the world at that time." Not all heroes wear capes. -Benefits are relatively weak. Compensation is not competitive for the tech space and annual merit is nowhere near enough to keep up with inflation. -For most people, there is zero discussion about a career path.

1.0
Dec 17, 2021
Recommend
CEO approval
Business Outlook

Pros

Remote work has been nice (not that they haven't been trying to kill it since day 1), benefits are slightly above average.

Cons

Pays are general 10k-20k below average for the sector and some of the lowest for the field. The company itself is nothing but one giant acquisition engine. They buy up successful companies doing great then tank them through their junk integration process until whatever original software was provided is so far degraded it's worthless. If you're used to profit sharing or kindness from executives, or even regular pay increases and bonuses, look elsewhere. Certainly none of that here. Raises are an abysmal .5%-1% annually. Haven't seen a bonus for years and doubt we ever will despite record profits 2 years in a row. Expect to make the same as or less than Starbucks pays. The "Culture" is very much one of work or die. There is no humanity, just act according to your role and do the work. There is no effort put forth by the company or management to make people feel valued nor are there any opportunities to move up as the roles are constantly changing. Lastly and most egregious is the pay system they use. They will cut 15-30 minutes from each of your clocks as the automated clock system rounds down all uneven clocks in the companies favor. This is basically wage theft.

2.0
Dec 15, 2021

Run away

Recommend
CEO approval
Business Outlook

Pros

Decent solutions well funded and salaries are good

Cons

Toxic work environment, ridiculous oversight. Fire drills constantly.

Viewing 397 - 399 of 686 Reviews

Glassdoor has 6,412 OpenText reviews submitted anonymously by OpenText employees. Read employee reviews and ratings on Glassdoor to decide if OpenText is right for you.