OptionMetrics reviews

4.1

67% would recommend to a friend

(4 total reviews)

David J. Hait

67% approve of CEO

67% positive business outlook

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4 reviews

Reviews about "Compensation"

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1.0
Sep 15, 2017

Phenomenal coworkers. Poor leadership.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Overall good and smart people. I'm sad to leave so many friends behind.

Cons

Low compensation. Dishonest management. At least for me and my peers, this has been a stressful ride with lots of whiplash due to changing priorities and mismanagement. We were expanding very quickly in 2016 to the point that we were/are having issues with scaling the business/teams to fulfill all the demands being made by management. See below. My team of 1 person was the last to be "right-sized" meaning I was ostensibly the hiring manager for 2 BAs at the beginning of 2017. I found good candidates, and we hired them. The bad news? Neither BA would report to me, because they were brought on at a higher salary than mine. The good news? I was told by my manager I was being underpaid (in March), promised an adjustment to occur in June, and then management backed away from that promise at the end of June. It was framed as my fault as if I asked for a raise in the first place. The fact is: my manager was right. I landed a new job paying 33.7% more in base salary with better benefits. I now know the opportunity cost of staying (between when I was promised a raise and when now) was just shy of $10k after taxes. Basically, I could've wiped out half of my remaining student loan debt and begun assisting my disabled parents in their retirement. In addition, management has a trend of hiring people who are desperate--out of work and looking for some time--and undervaluing compensation in offer letters. I do not know if it's a conscious predatory/exploitative hiring strategy, but the if not, the series of coincidences are still remarkable.

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OptionMetrics Response
8y
Thank you for taking the time for the thoughtful feedback. We take seriously both the positive praise and the constructive criticism as we strive to make OptionMetrics a place where people want to work. We couldn’t agree more that we have good and smart people here. Those qualities draw others to OptionMetrics with the same qualities, making it an even more desirable place to work. With our rapid expansions come challenges, but the people we have attracted to OptionMetrics have excelled at facing those challenges. It is unfortunate that we were unable to offer you the role that you sought. We wish you success in your future endeavors.
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