OpenText reviews

3.2

52% would recommend to a friend

(688 total reviews)
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Ayman Antoun

49% approve of CEO

42% positive business outlook

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688 reviews

Reviews about "Compensation"

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1.0
Feb 13, 2021

Stay away

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nothing that I can think of

Cons

Not sure where to start. Let's start with the benefits: 1.Practically no raises, even if there is one it's only given to a few members in the team. For the employees who are given raises it's just 1.5% 2.No bonusses for those below managers so basically they make you work but provide no motivation. 3.No RSUs (employees can invest in ESPP) RSU is only for upper management 4. 401k match is a joke at 1%. And they even cut that to 0% for the last 6 months of 2020 due to covid. 5.Pay cut during covid (for 6 months) even though the company reported doing well All the pay raises, bonusses, RSUs, are only for the upper management. They have so many All hands, and the CEO(also the CTO) keeps talking about 'Empathy' and 'we are in this together' but then have a round of mass layoffs, office closures, pay cuts. Not sure how this means 'we are in this together'!! Acquire too many companies and then take away access to systems from the employees without even notifying them. I'm surprised how OT managed to stay afloat with this kind of a model since I have been seeing talented people leave the company. The max number of PTOs they have is 20days(6+yrs of service), 15days if you are just starting. The PTO you are entitled for depends on your years of service as of Jan 1. So if you joined anytime after, you would have to wait an extra yr to get PTO incremented by a day. They also ask you to book your PTO in advance for the whole year by the end of February even during these times of Covid, in the name of asking employees to 'rest and rejuvenate' How can anyone expect employees to be able to predict PTO hours for the whole year? Unused PTO does not get carried over to the next year unless required by state law There is very little opportunity for promotion or growth unless you know someone from management. I can say this from experience, I have seen so many incompetent employees and non-performers not get laid off and get a pay check just because they know a VP or are relatives of a VP while the hard-working ones are stuck with more work piled upon them. The smart ones will just move to another company and I'm sure the ones who are still there are looking for new jobs

4.0
Feb 11, 2021
Recommend
CEO approval
Business Outlook

Pros

Stable revenue. Interesting and diverse people to work with. Good salary

Cons

Limited career growth. Too much M&As.

4.0
Feb 10, 2021

Great place to work, but... Keep your resume updated and ready to use...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good, knowledgeable people, innovative products, good management, good pay, good benefits

Cons

Little to no Loyalty to their employees. If they can save money by getting rid of your position and hiring 2-3 new engineers in a very low cost of labor area to replace you, they won't think twice about doing it. And yes, they actually expect you to train your replacements.

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