TrueCar reviews

3.7

59% would recommend to a friend

(101 total reviews)
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Scott Painter

27% approve of CEO

52% positive business outlook

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101 reviews

Reviews about "Compensation"

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5.0
Jun 14, 2020
Recommend
CEO approval
Business Outlook

Pros

TrueCar is a highly innovative company that recognizes hard work. The executive team has changed quite a bit over the past few years. They have landed on a lean but fantastic core team that plans to expand the executive team soon. The product and tech organization went through a platform rebuild that was completed in late-2018. This presented short-term challenges for the organization over the past couple years, but now it is all about product innovation to benefit users and spark growth. I have enjoyed working with almost everyone I have crossed path with over the years. It is a highly collaborative organization that is open to taking good ideas from all levels. TrueCar is transparent with weekly all-hands from the executive team, in which they field questions from all employees. The offices are located right in downtown Santa Monica, with beautiful ocean views. Currently the company is remote due to covid. Compensation/benefits are competitive for the LA market and highly competitive nationally.

Cons

TrueCar plays in a highly competitive industry and is working to grow to profitability as a publicly traded company. This results in a "work hard" environment with minimal flexibility for employees that are not producing strong results. It is not for everyone, but if you perform well you will be rewarded.

3.0
Jun 11, 2020
Recommend
CEO approval
Business Outlook

Pros

Enjoyed co-workers, great performance-based product, TrueCar differentiates itself by having customer service reps visit dealers monthly to go over numbers and training.

Cons

I really enjoyed working here, people were great and the product had a lot of value. I am at a complete loss as to why the company would lay-off all their customer-facing sales reps, yet keep Executive Mgmt, VP's, Managers (managing who?) and training dept (training who?). This makes no sense, and they could've let a lot of highly-paid Managers go, and kept the people who actually interact with the dealers who generate the revenue. Losing USAA was a big blow, and whoever is responsible for allowing this to happen should've been the first to be fired. Management saved their own jobs, but might be at the cost of the company failing.

5.0
Jun 8, 2020

Great Company

Recommend
CEO approval
Business Outlook

Pros

Great teamwork and company values. Good balance and pay.

Cons

None other than COVID causing them to have layoffs.

Viewing 37 - 39 of 101 Reviews

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