PlanSource reviews

3.5

60% would recommend to a friend

(78 total reviews)
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Mike Morini

56% approve of CEO

57% positive business outlook

Reviews by job title

78 reviews

Reviews about "Compensation"

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2.0
Dec 16, 2024
Recommend
CEO approval
Business Outlook

Pros

Great Middle Management and Benefits

Cons

Pay is below industry average Commissions never paid on Time Leadership prioritizes pre-existing relationships over performance. Long-term employees not valued and most have been pushed out. Very likely to be sold in 2025

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PlanSource Response
1y
Thank you for sharing your feedback. We are grateful for your candid comments and take all feedback seriously, as it helps us identify opportunities to grow and better support our employees. We regularly review our pay and recognition practices to assure we pay for performance and share appreciation for higher performers and long-term team members. We also understand how crucial timely and accurate commission payments are and based on feedback, we are actively working on improving our processes and systems to address this concern. Our focus remains on building a sustainable and thriving organization for both our employees and customers. Listening to our employees is integral to our success, and we leverage open communication through multiple channels to ensure all voices are heard. Thank you again for your feedback. PlanSource HR
1.0
Nov 23, 2024

Restructuring Gone Wrong - Avoid

Recommend
CEO approval
Business Outlook

Pros

Average pay Flexible work schedule

Cons

PlanSource used to have a great culture but that rapidly changed over the past few years. They’ve churned through so many reps and middle management the past few years and don’t set them up for success. Commissions were repeatedly late and incorrect and would take months to correct or just not given.

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PlanSource Response
1y
Thank you for taking the time to share your feedback. We regret to hear about your experience and understand how important it is for employees to feel supported and set up for success. Over the past few years, our company has experienced significant growth. We recognize that the growth has created opportunities to improve, which is why we have happily made investments in systems & and most importantly our leadership talent to provide stronger support on processes and development across all levels of the organization. The timeliness & accuracy of commission payments, as well as our team member’s understanding of them, will continue to be a priority for us. Our culture is incredibly important to us, and we are proud to have been recognized with awards as rated by our current employees: Comparably Best Company – Happiness (2023); Great Place to Work (2024); Comparably Best Company – Work-Life Balance (2024), and Comparably Best Company – Perks & Benefits (2024). These achievements reflect our ongoing commitment to creating a positive work environment. Again, thank you for your feedback as we continue to improve. PlanSource HR
2.0
Oct 17, 2024

A job if you need one

Recommend
CEO approval
Business Outlook

Pros

Work life balance would be the only plus

Cons

You will never have a meaningful increase in pay after being hired. There is no cost of living adjustment and merit based pay raises are only 1-3%. Even with a promotion you are looking below 10% increase. The company is also notoriously cheap foregoing useful tools due to small costs ($20). Expect your skills to stagnate here as there will be no investment in your growth. Leadership is uninspiring and rarely knows what they're doing. Long term thinking is nonexistent and plans change on a dime leaving you lost. Turnover at this level is extremely high as well, many positions have been vacated multiple times.

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PlanSource Response
1y
Thank you for your feedback. We want to address a few things you mentioned in your review. We understand that compensation and benefits are important factors in overall job satisfaction. Our Total Rewards team is continuously evaluating our compensation and benefits packages to ensure they are on trend in the industry. At PlanSource, merit increases are based on performance in role. I can understand wanting to receive more and invite you to speak with your leadership to come up with ideas and solutions. Over the past several years in product & tech in the US, our turnover has been low with stability and career growth being an indicator of a healthy culture. I’d invite you to speak with leadership about tools that you need to perform your job as we are always open to discussing tools to increase efficiency, unless there is a security concern. We are happy to discuss this. I see you are still an active employee and hope you will discuss your concerns with your manager or member of our HR team. We're committed to addressing your concerns and continuing to provide a positive work experience for everyone. Srini, Chief Product & Technology Officer
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