Nepotism and Toxic Management Practices
Pros
Remote Work Opportunity Good Work/Life Balance Good Benefits
Cons
Runaway Nepotism - Although there are some exceptions, a large majority of top executives in the company is made up of friends and former classmates of the company's owners. While it is normal to hire within one's network, the practice here is done with little regard to qualifications or diversity. Advancement in the company also relies upon being "in favor" of those in power. Toxic Management Practices - This is by far, the most troubling occurrence at SelectQuote. On over a dozen occasions, I witnessed employees at Manager, Director and C Level Executive positions, forced out of the company by less than scrupulous methods. It was desired by management that these impacted employees leave the company, but in these cases, there were no legitimate grounds for termination. One Director was forced out when his department responsibilities were given to one of his direct reports. The Director left the company. That direct report also left the company after he was later passed over for a promotion and his direct report given the lead. Another Director had her entire team taken away and was reassigned to a group for which she had no experience. The CIO of the organization came in one morning to find his system access revoked, prompting him to resign that day. A long tenured, high level executive of the company left, after his organization was handed over to a friend of the owner's. This new leadership regime came in with the attitude of "take what you can get while you can" and they did just that. When the high level executive left, many employees in the company were laid off because this new "leader" didn't want to deal with any additional direct reports. Unless you come in under the classmate/friend plan, you are better off looking elsewhere.
