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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1.0
Jul 29, 2019
Recommend
CEO approval
Business Outlook

Pros

You will find a base salary that is relatively competitive for the market (though you will likely never see the full bonus they promise you and the stock is worthless). Free lunch every Wednesday. Full mental healthcare benefits provided to you (you will need them).

Cons

The product is awful and everyone knows it but no one knows how to fix it. Though basically all of the executives were fired over the past 2 months, somehow it got even worse to work here. Everyone is leaving this place as fast as they can. We still lose 1-2 quality people every single week whether in marketing, sales, or technology. Partners are jumping off quickly as well and other revenue areas are dying. We have three new executives in place and I would say the jury is out on two of them. We desperately need a real CEO who has a strong vision and is willing to take risks. For those of us that have stayed in spite of the chaos, it seems as though some kind of financial incentive that is actually equal to the punishment we have been put though is in order. At least one that would allow us to live in very expensive Los Angeles. Like others, I remember a time when this company was about pulling together and getting stuff done while trying to actually disrupt an industry. All that happens now is TrueCar's product has become obsolete and unnecessary and consumers no longer have any reason to use it. Know that when you join TrueCar, you are joining a house of cards that is getting ready to tip over at any moment. You are joining an organization where the executives couldn't care less about your actual contributions or support you. If you're one of the many political players that kiss your way to the top, then perhaps it is a fit. The culture is that of a dead carcass being violently ripped to shreds by 5 different vultures all fighting for the same last rotten piece of meat.

2.0
May 16, 2019
Recommend
CEO approval
Business Outlook

Pros

1. Great Pay: The only reason I never left until being laid off. 2. Great Benefits and Office Amenities: Unlimited PTO, 100% health coverage, great office snacks and environment, gym membership allowance 3. Free parking in Santa Monica: Alternatively you can collect a stipend for using public transportation. 4. Dog-Friendly Office (only some offices) 5. Flexible Work Environment: Ability to work from home or remotely as needed, just make sure you get your work done. 6. Lots of celebrations for reasons I cannot explain. Achieving mediocrity?

Cons

1. Poorly Managed: Lack of strategy from the top, lack of accountability everywhere else. Priorities are driven by the shiny object of the week. 2. Challenges Your Ethics: Not exactly an unethical company, but the decision making definitely makes you question your values. 3. Technology development is at a standstill. Haven't been able to keep up with the business, even maintaining image accuracy or effectively executing on campaigns. 4. No HR Department: Have not been able to keep an HR executive for more than a year since the original one left the company in 2015. 5. You'll leave with the feeling that you sold your soul to the devil. 6. My pre-IPO equity is now worth $0 due to the $6 stock price. Thanks.

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Glassdoor has 463 TrueCar reviews submitted anonymously by TrueCar employees. Read employee reviews and ratings on Glassdoor to decide if TrueCar is right for you.