Red Ventures reviews

3.1

53% would recommend to a friend

(2,051 total reviews)
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Ric Elias

56% approve of CEO

36% positive business outlook

Red Ventures has an employee rating of 3.1 out of 5 stars, based on 2,051 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Red Ventures employee rating is in line with the average (within 1 standard deviation) for employers within the Media & Communication industry (3.7 stars).

Reviews by job title

2K reviews
1.0
Jun 14, 2023
Recommend
CEO approval
Business Outlook

Pros

When I first started at RV in 2015, it was the best company I had ever worked for. I loved going to work each day and have contributed significantly to what made RV successful. I also liked the subsidized lunches, unlimited PTO, flexible hours, and many company-sponsored events.

Cons

Buckle up, there's a lot. Let's preface this with the fact that I was at RV for almost seven and a half years; I've got a lot of experience with RV. I was constantly a top performer in annual reviews. Despite all of that, I was chosen as 1 of 5 people to be laid off from a group of over 100 people at the end of 2022. I was not paid fairly based on market value, so compensation was not a factor; they just "didn't have a spot for my skillsets anymore." Now that I've been away for over 6 months, I continue to hear from co-workers on the inside that it's been getting increasingly worse. Layoffs continue to happen, people fear for their jobs, and for the people still there, they are cutting access to tooling and services just to penny-pinch wherever they can. RV is hemorrhaging; they are losing money and valuable people. The reason I say all of this is to warn you not to work here, at least for the foreseeable future. Prior to RV's layoffs, these are the cons: - They claim to be transparent about compensation and roles, but will change their documents to "better match market value" and pay people more coming in while ignoring the people who've been loyal. But in all reality, they come up with these wide pay ranges and always claim you start at the bottom of the range. - Management is a hit or miss. I had over 18 managers in my 7 years and several periods of multiple months without a manager. Only 4 of those 18 managers actually wanted me to succeed at the company. The rest mostly ignored their direct reports until they found a problem with you or when it was time for annual reviews. - Promotions and raises (pay for performance only) are always at your manager's discretion. Even if a manager tries to fight for more money or a promotion, HR will typically push back. I spent about 3 of my years with direct reports and went through this process a handful of times. If you have only one or two (really good) managers for your time at the company, you'll be promoted and get annual raises. If you have 18 managers in 7 years, no single manager has context of what you've been doing and how well you work, so you start over each time. This won't be everyone's experience, but I know a handful of other people this has happened to at RV. - When most of us were in office, they would have us move desks, sometimes between buildings, multiple times a year. God forbid if you are taking a vacation during one of these moves, you'll lose all your equipment and personal belongings as typically the person moving into your desk would throw away, take, or throw your stuff into a corner somewhere. - They entice you with all these cool things at the office like a basketball court, bowling alley, fitness center, pool table, video games, etc. For my first 2 years at RV, I was able to use all those things. Then they started overworking everyone so much that no one was really able to use these things. And when you had time to finally use them, they were either closed, broken, removed, etc. The bowling alley is famous for always being broken. - The benefits were surprisingly really good, probably the best health insurance I've had. That is until 2022 when they decided to change providers and plans. The employee costs went up anywhere from 20-40% and the amount of coverage was severely reduced. They made this change because they wanted to provide coverage for gender reassignment surgery for less than 1% of LGBTQ+ people at the company. While I understand this can be important, it's tough that everyone else is paying for it in the increased costs while being cut from seeing certain specialists and reduced coverage for other medical expenses. I wish that RV explored other options, such as having supplemental coverage that did not impact the rest of the company. - I'm all for equality and diversity across the board, but this was such a priority for RV that it was detrimental to long-term goals. While they hired many well-qualified candidates as part of this effort, there were also many cases where they hired underqualified candidates just to meet a quota. I don't know everyone who has been laid off, but from what I've seen so far, people who help their diversity quotas are not part of it. - The CEO and others in senior leadership talked a lot about politics during company meetings and during certain events. While my opinions do not match the views they have, I felt like they abused their role in the company to push an agenda, almost to the point where it was belittling people who do not share the same views. Politics should be left out of the workplace, especially from senior leaders of the company. - Lastly, they used to have yearly company trips. I was lucky enough to be able to go on two of them to Cancun, but these trips were shut down after Ric claimed the company has grown beyond the ability to have these trips anymore. They went from a 3-day, all expenses paid, trip to a quote "better than Cancun" 2 day meeting in the offices full of biased speakers and corporate-like business reviews, called "CultureFest." The funny thing is, CultureFest actually killed the positive culture at RV. Now it's a culture of fear, unhappiness, and tired people; but hey, they have a broken bowling alley at least. It's sad because RV got itself in this predicament, and now it's affected what used to be one of the best companies to work for. Ric and the investors never knew when to stop acquiring new businesses, hemorrhaging tons of money into companies like CNET, which Viacom couldn't wait to be rid of. RV has a growth problem. Too much growth in too many sectors with senior leadership having zero knowledge in the sectors (or verticals as they call it) they are running. Now they have a ton less staff due to layoffs, but now the people still around are doing 2-6 times the amount of work. All my friends and previous co-workers still at RV have expressed, on several occasions, they are extremely unhappy and actively looking for something else. If my predictions are correct, RV will sell off most of its assets in the next year or two. I really hope RV turns back around again, but as of right now, they seem to be far too gone.

3.0
Sep 29, 2022

Lost in the sauce

Recommend
CEO approval
Business Outlook

Pros

If you’re in a corporate role you’ll get anywhere from 165-200 hours of PTO per year Good medical/dental/vision insurance 401k is matched 100% for the first 3% and 50% for the next 2% Majority of people you work with are nice, team players, go getters and fun to be around

Cons

Egos got best of RV. They’ve laid off SEVERAL employees because the CEO and higher ups got in over their heads and acquired too much capital to get a solid (20%+) investment return on. So even though the company is projected to finish in the black for 2022 because it’s not as much as years past and to satisfy their fat wallets and egos they let a lot of people go. Resounding theme you’ll hear during AEMs is “young people”. RV has college campus feel/mentality. It’s all about the new and the young because they can get away with paying you far less than market average while wooing you with subsidized meals, on-site gym, and apartments that are a stone’s throw away from campus. The more tenured people (in employment and age) are getting pushed out. Professional gentrification. Every year there’s a big 2-3 day event that is properly named “Culture Fest”, or as we call it CULT-ture Fest. RV says they believe that everything is written in pencil but that’s not true. They do things their way or the highway. It’s highly frowned upon for you to do anything other than drink the RV koolaid.

1.0
Aug 31, 2022

Performative Narcissistic Company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The only good thing about Red Ventures are people. I've met wonderful coworkers who are truly some of the smartest, most driven people. The benefits are decent, not stellar but better than previous jobs.

Cons

Red Ventures is a sinking ship, if you're a current employee get out while you can and if you're thinking about working here, DON'T. Red Ventures preaches so much about culture and values but it is all performative. In practice they do not care about their employees; they lack transparency, play favorites, and place blame on employees for their own poor business decisions. The average benefits provided by RV aren't worth it. This company is poorly managed, does not practice business sense, and is not worth your time (even as a stepping stone).

Viewing 13 - 15 of 2,051 Reviews

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