Ruggable reviews

3.0

38% would recommend to a friend

(36 total reviews)

Nicole Otto

48% approve of CEO

29% positive business outlook

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36 reviews

Reviews about "Compensation"

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2.0
Oct 29, 2024

House of cards; avoid at all costs

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- High degree of autonomy - Broad scope of responsibility and exposure - Industry-leading brand and product - Flexible working hours and PTO

Cons

- 25th percentile cash compensation (outside of upper management) and paltry raises - Year-end bonuses routinely disappoint and get paid on a significant delay - Equity is overvalued, distributed in very small amounts, and vests on a long schedule - Promotions now given only every 3-5 years -- laughable at a "startup" - Forced RTO (3 days/week) to offices that are devoid of culture - Top-heavy organization led by overpaid, inexperienced senior leaders - Multiple rounds of botched layoffs and frequent no-warning terminations - Company struggles to meet even conservative budget targets - Decision-making is opaque and poorly communicated - Greedy and incapable senior leaders, including: ---> President: still hasn't been designated CEO after >1 year leading the company ---> COO: came in with only 2 years of work experience ---> Head of Product: has no business as anything other than a plant manager ---> VC investor: threatens to sue anything that moves ---> PE investor: demands unrealistic growth without any productive guidance

1.0
Mar 14, 2024
Recommend
CEO approval
Business Outlook

Pros

The direct team and teammates are great to work with and work-life balance is emphasized in the direct team, but anything beyond that is a complete mess.

Cons

While company-wide emails mention great numbers every time, budget cuts are constantly happening. (That is probably why numbers look great.) One might ask, how are budget cuts handled? They are solved by laying off people and then "restructuring", only to make numbers look good on paper. For a company that stresses quality home goods products created by in-house designers, they sure do not give a care about the designers. They are overworked, under-compensated, constantly ignored, and given unrealistic timelines. Designers are first to be kicked off the boat with these restructures, leaving their important work for the face of the company in the hands of outsourced contractors that do not return with quality work. If anyone would like to join the company, think twice, because you might either be miserable by the end of the month or be laid off by the end of the year. (Would also like to mention that they absolutely DO NOT like to give raises and promotions and will gaslight you into thinking that you're not doing well.) Cheers!

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