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Steelwedge Software

Acquired by E2open

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Steelwedge Software reviews

2.9

51% would recommend to a friend

(10 total reviews)

Michael Farlekas

51% approve of CEO

40% positive business outlook

Reviews by job title

10 reviews

Reviews about "Compensation"

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1.0
Aug 2, 2016

Should be rated negative for this company now....good days are gone

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

1. Work is challenging, critical deliveries in short frame. 2. Internet reimbursement for Rs.1100 3. Subsidary cab charges are Rs.2000 p.m regardless of the distance, deducted from your salary. 4. Medical Insurance (Similar to any other company)

Cons

1. Newly joined CEO Parvinder Johar, an IITian from Roorkie, taking company for a toss. Making drastic organisational changes instead of improving sales process, just like in his previous organisation Manhattan Associates. Now stop saying Manhattan, heard it enough, that irritates all of us. 2. Took a bad decision by hiring 3 dozen IITians in 2016, and could not cancel the offers later due to losing organisation credibility. Hence cutting down the appraisal/hikes for the existing employees from 2016, just to pay the new guys. 3. Bad time started for the organisation from 2016 where half of the manpower left including top good managers & CTO due to internal politics, no good business, bad management decisions, severe work pressure, and no hikes. 4. No new learnings, limited career growth and your career will come to a stand still if you work longer. You will be working here for the rest of your life on what you were initially trained on. 5. A Budget Hit Company - No hikes from 2016, last anniversary was celebrated back in 2013, no team outings since 4 yrs, project team lunches stopped, free services like tax filing stopped. Can't say what's else there in the store to be stopped. I think their next plan is to cut down cab services and internet reimbursement. 6. Management's expectation is to be available 24/7. Work extends several hours till mid night everyday and weekends as well. 7. While hiring HR will show you the green, greener, greenest side of the organisation. Once you hit the floor after training, you will realise what's on the other side of the coin. Very chaotic. 8. Humans are not machines and need leaves. This is not accepted here. For planned leaves and personal emergencies you are left to the mercy of managers who will screw you up to the maximum extent making a deal to cover the hours. If you are under a good manager, you are the lucky one. 9. Work from home is an option you can take if you can provide over hundred reasons why it's needed. Again depends on couple of good managers whom you report to. 10. The organisation is just surviving on couple of cash-cow clients who are being taken care by few hard working guys and their skills and strengths are never recognised. 11. Every quarterly meeting goes excellent as planned, hiding all the facts and showing only good figures in the presentation. You will be perplexed and feel like you are competing with Google, Microsoft, Facebook etc. 12. Another colorful feather in the company's cap is the way lay off's are followed since Jan-2014, it cannot be more cruel than this. Mostly on a Friday, a team will be on standby and the associate is monitored until he/she takes a break, the team kicks in and sweeps the associate's belongings at desk taking away the laptop, emptying office bag and blocking email and access card. All happens within minutes. Then the associate is escorted to the visitor cabin where the ID card and desk keys are grabbed and package of personal belongings are handed over and again escorted to the cab which is already booked just for you. It's not just one off case, it happened with many many people here. At least a criminal will know the reason for his jail term, here you don't get a reason why you are fired off. Now I left this company after many bad & bitter experiences and uncertainty of company's future after Dec-2016. I will never ever recommend to anyone

avatar
Steelwedge Software Response
9y
Steelwedge has transitioned over the past two years into a leading supply chain planning company. With this transition came a lot of change. Great changes to our product and many changes to our teams. As we do this, one of our key priorities is for our employees to love the high performance culture. We feel our top talent plays a key role in driving this transformation and it is important that they are positioned well to play on their strengths. We are mindful that every employee who joins us wants to make an impact and through our work practices / policies we make them feel committed to make an impact. We also realize however, we are not a good fit for everyone. We are sorry you found your time less than satisfactory here.
1.0
Mar 25, 2016
Recommend
CEO approval
Business Outlook

Pros

Good medical and dental benefits Some passionate people -- grab ahold of them because they won't last!

Cons

* Waste of talent The company's rather unique idea of getting the best deal out of new hires is to capitalize on the initial honeymoon period when they're giving 150% of effort. Once you are settled in, buh-bye! The cycle then repeats for the next batch of hires -- unless you're being grossly underpaid where it's still a great deal for them to retain you, in which case you should leave on your own anyway to get a 40% pay raise at, like, any other place. * Lack of support to those on the front line The high churn-rate means very few people have holistic or in-depth knowledge of the product. We're either dealing with new people who aren't familiar with the system, or veterans who don't get to survive till this day by being, well, entirely open and forthcoming. Either way we get fed BS. This makes the lives of those of us who directly interact with customers extremely difficult, as it's virtually impossible to get a straight answer of anything when we're being helplessly grilled by the customers. * Waste of VC fundings Let's rent and furnish a new office in a tech hub, hire some people, then fire all of them in a couple of months and shut down the office, with zero productive outcome to show for! Those poor people moved with their family and kids and were quickly out of a job. Go on, spin it and rationalize it for me on how all of the workers were "non-performant" or "won't adapt to new ways of doing things". Hello, it was a new office which you just opened. Who hired them in the first place if they sucked so badly? And after a few months you thought the whole thing was a bad idea? Superb foresight and planning! To the VCs who poured money into this sinkhole, I hope you're feeling good about how your money is being spent. At least you got to party at five-star hotels in SF with them. Oh, you weren't invited? * Head-in-sand attitude towards problems I'm actually glad they're posting those fake five star reviews laced with corporate doublespeak. They are the perfect proof of how problems are dealt with at this company: pretend everything is fine, label independent thinkers as "poor fits", fake everything publicly to cover up all the crap underneath. Don't kid youself with the so-called "open door policy" -- you'd just publicly make yourself a target of an expedited exit. They want rubber-stampers, yes-men, death march followers, not leaders or critical thinkers who have standards. People ain't dumb, we know your schtick. See the surge of people sneaking into meeting rooms or outside the building to take private phone calls? Hint: they aren't talking to their beloved sickly grandmother. The ship is sinking fast and we are looking to get off. May God have mercy on the sucker who even entertains the preposterous notion of acquiring this hopeless company.

avatar
Steelwedge Software Response
10y
Thank you for your input.
3.0
Jul 13, 2015
Recommend
CEO approval
Business Outlook

Pros

* Quick growing pace. * Challenging domain.

Cons

* No proper middle level management * No process of tracking for the contributions of the employees in the team. * Poor retention policy

avatar
Steelwedge Software Response
10y
We agree that our locations outside the US will benefit from the more structured processes for project management and well as employee reviews and acknowledgement. This initiative is underway.
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