XPRIZE reviews

3.0

51% would recommend to a friend

(11 total reviews)
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Anousheh Ansari

66% approve of CEO

50% positive business outlook

Reviews by job title

11 reviews

Reviews about "Compensation"

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1.0
Aug 2, 2021

Horrible

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Good benefits -Relatively good salary -Some interesting people -Flexible work-from-home and hybrid work models due to Covid and after initial hesitation -Global brand, for some reason still reputable in some corners -Dynamic, hard-working, and involved founder (not without his issues)

Cons

-Total lack of humanity and disrespect of people in general and staff despite claims otherwise. Exploitative and abusive environment. -No ethics or morality, they will take money from anywhere and say or claim to do anything for it. -Non-transparent salary structure. Not uncommon for staff to find out that they are making way less than their colleagues even though they are doing more work. -Very limited advancement opportunities. Most people come to XPRIZE to go elsewhere, not stay. -Almost no impact for over 25 years of existence. Launching the "private space industry" because of the first XPRIZE is a laughable "achievement". During those 25 years the world witnessed so much technological advancement (mobile phones?), and they still claim that a couple of rich people going into orbit has transformed the world. -Except for the founder, and putting aside his issues, no one in the leadership has any vision or strategy. -Current CEO is an amateur. Her only achievement is that she was rich enough to pay $20 million or so to go to space and fund the first XPRIZE. Clearly does not have experience or skills to run such an organization. -Current CEO's salary in 2019 was $600K. Which non-profit CEO, especially of 50-100 staff, makes more than half a million dollars a year? And for what? -During Covid, they fired and furloughed a dozen or so employees and reduced salaries because of finances. In early 2021, they removed from the website the amounts top earners at the company were making because they don't want to show the bonuses the executives received at the end of the year. -Initial Covid days CEO did not want to close the office because, according to her, XPRIZE make the impossible possible and therefore are courageous to confront Covid and do things others don't. Shows you how much she cares about her staff's well-being. -Until much later in 2020, CEO kept insisting that the office will open and employees return, even when numbers were off the charts, insisting that staff were more likely to get infected with the virus at the gas station than in the office. -At the beginning of Covid, the company was looking into software to remotely monitor productivity of staff. -Extremely high turn over, the typical employee does not last more than 2 years, or maximum 3. This is partly because you get fired for no reason or just because there's someone else who's willing to do your job for less. Another reason is that you realize the reality soon after joining and leave at the earliest opportunity.

2.0
Dec 3, 2019
Recommend
CEO approval
Business Outlook

Pros

Solid mission and some very smart people who truly want to make a difference. Good work/life balance.

Cons

Terrible place for a marketer given the internal structure, but a new CMO was brought in and is hopefully shaking things up. Marketing had no budget and basically took orders from teams who know nothing about marketing. It’s also a meeting heavy culture, so be prepared to spend all of your time in mostly unnecessary meetings. Pay is terrible, even for a nonprofit. No learning or career advancement opportunities. There were also several times when the Founder and CEO gave conflicting feedback and direction causing major confusion and anxiety. Decisions are slow to be made and often have no clear strategy or rational behind them.

4.0
Oct 27, 2017

Meaningful Work, Fun Office, Professional Growth

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I am happy and inspired by my work at XPRIZE. Almost everyone will tell you that the staff is a group of smart, passionate, fun people with diverse and interesting backgrounds who are inspired by our mission. The salary and benefits far exceed most non-profits, and this is an exciting place to work. I have grown in ways I couldn't have imagined when I started, and have always felt supported and given many opportunities for professional growth. I have seen many managers go above and beyond to find new opportunities and expanded roles for staff at all levels. There have been good strides in workplace flexibility, and XPRIZE is extremely supportive when staff go through big life events like new baby, death in the family, major illnesses, etc. In general we rally to support each other, we work hard and we have fun. Most of all, we get to work with inspiring people on meaningful work.

Cons

There has been constant change over the past few years. Some of it has been necessary and helpful, but it can lead to some confusion or anxiety about one's role, department, or the direction of the organization. It is true that there is a fairly high staff turnover. There seems to be a range of experiences with culture depending on one's department and/or specific role, so obviously I can only speak to my personal experience.

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