XiFin reviews

3.3

51% would recommend to a friend

(47 total reviews)
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Lâle White

55% approve of CEO

41% positive business outlook

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47 reviews

Reviews about "Compensation"

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3.0
Jan 27, 2016

Successful business, stringy management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The company has their main product that seems to be a good source of revenue. The executive team seems to know and understand the health market well. Due to this, the company is doing well, stable and has plenty of cash to invest in new product development and expanding the company's portfolio. Your job and position in this company is pretty much secure. As long as you are competent in your profession and can do what you're told, you'll keep your job at XIFIN. They also have free bagels every Friday and a soda fountain. The employees are good to work with and tend to be friendly. There's also plenty of work to do and never a dull moment. The company holds two parties every year. A christmas party which is always great. Then there's the summer party, which is a casual event and includes families. The company has a very open environment. If you want to, you can talk to the CEO at anytime, or any of the other executive staff.

Cons

You will get the sense that the company doesn't seem to flinch on spending lavish amounts of money on services, equipment, parties or anything else. Every year, they also announce another benefit that employees will be receiving. Don't be fooled. Salaries are normally between 5 and 10 percent lower than you will find elsewhere. Their benefits are also just okay. They make it seem like they are being generous, but really they could do much better for their employees. The company isn't interested in promoting within...unless they have no idea what it is that you do, then you'll be promoted, guaranteed. Across all departments, XIFIN hires outside talent instead of promoting current talent. Then, they don't listen to new talent's ideas (which are usually trashed by the executives in favor of doing things the old, archaic ways). So what happens? The new talent finds a job somewhere else where they'll be listened to, leaving XIFIN with a glaring hole in their staff, which instead of replacing they'll just have the current, underpaid employees do the additional work and then still not promote them until they find another temporary outside talent employee or be so satisfied that the hole is covered that they close the position. At a recent company meeting, the CEO quoted the Steve Jobs quote about hiring smart people so that they can tell us what to do. This is definitely not true with the company as a whole. It may be true of the CEO, but definitely not of the rest of the executive staff. The rest of them consider themselves the smartest, then force terrible, uninformed decisions that negatively impact the customer. Incidentally, XIFIN talks about how they can't find anymore talent in San Diego. They have concluded that they must have hired them all (this is not a joke, they sincerely think this way). However, XIFIN's reputation as stated above keeps talented employees away, as they know they can get a job anywhere and XIFIN doesn't listen to new employees.

1.0
May 21, 2015
Recommend
CEO approval
Business Outlook

Pros

I am at a loss here,..

Cons

There is absolutely no career path. XIFIN does NOT promote from within, and would prefer to hire from the outside for higher-salaried positions. Salaries are low. There is a stunning turnover percentage, and little to no meaningful training. This company does NOT invest in their staff, and the scariest part is that management does not seem to care. It is really unfortunate, because the company could be so much better, but instead they run the really smart and talented staff members right out of there. How? Fear and management by ambush! Do yourself a favor and pass this company up-- you will be glad you did!

2.0
Mar 19, 2015
Recommend
CEO approval
Business Outlook

Pros

Far and aware, the best thing about XIFIN are the fellow employees, they are friendly and easy to get along with. The company has great positioning in the market (both the billing and LIS) allowing for excellent growth. You are free to volunteer for more responsibilities and learn new things. Casual atmosphere and attire for none client facing departments. New feature driven development ensures the products are always at the forefront of their market segment. Never had an issue requisitioning office supplies when needed. The current building in Del Mar / Carmel Valley area of San Diego is about two miles to the beach at Los Penasquitos Creek, close enough to walk to and back during a lunch break.

Cons

[Management] Management in all levels is hit and miss, but mostly a miss. The majority of senior management is fairly entrenched not only in their positions but in there demonstrable stale tactics and ideas, with good managers finding it difficult to flourish (but not impossible). A sentiment I must echo from another review: XIFIN rarely promotes from within (again, it's not impossible, but it is a difficult proposition), I can recall an engineer being at a standard level position, applying for a promotion, getting denied, went to another company for less than a year, and came back to that more senior position. They did eventually leave again for good after a year's time, but I can't imagine that they were much more qualified once they left than when they were at XIFIN. It seems like XIFIN prefers to hire from without over within. I've also heard of/seen under qualified people getting hired simply because they were friends of someone, most of the time these situations lead to the detriment of the company as a whole. Like most companies office politics plays a major role in the decision making process, unfortunately XIFIN seems to be caught in this behavioral pattern more than most places. Being thrown under the bus is just par for the course. Make sure you have things well documented (via email will suffice) and proceed to climb out from under the bus. [Company Values] The company tends to put a great many things before its employees. Among more senior employees the company always had the reputation for being cheap. This stemmed from the lack of paid holidays, a sub-standard PTO accrual rate, an awful 401k plan (has recently introduced matching, but terms are far below standard), and the need to fight tooth and nail to get anything done that may require an expenditure of company funds. Their once frugal values have recently started to make way for those focusing on image and style. When engineers made it known that their working environment was too noisy and difficult to work/be productive in (due in large part to being surrounded by other more boisterous portions of the organization) the company balked at the news and suggested remedies such as using a hardly-if-ever used lounge area (functional desks were replaced with a couple couches -> no one could figure out why) for either the engineers or other organization members. They were more concerned with showing tour members (high valued customers) how much like a 'cool' or 'hip' software company XIFIN was. This point can be further emphasized by the building that was chosen for their latest move: a place more picturesque (as seen in their media) than practical, the parking spots are just big enough to fit a smart car or a motorcycle, a daily headache and running joke for their employees. Although the employees are relatively easy to get along with hardly anyone I came across during my time at XIFIN took pride in their job and/or work place. Job: simple mistakes were routinely made but with no real consequences or responsibility taken for said mistakes. Workplace: it wasn't uncommon to see the break area or restrooms in disarray with others just adding to the mess instead of helping to clean up. XIFIN's rapid expansion and push to up their employee count has lead to a quantity over quality approach leading to a further exacerbation of these issues. HR does struggle to keep the caliber of the applicants as high as possible, but they can only do so much. Those that do take pride in their jobs aren't typically the 9-5 crowd, they tend to have to stay late into the night and often work weekends. These few people are truly the unsung heroes at XIFIN, they are the ones that keep XIFIN going and competitive in the industry. [XIFIN as a Company] As an engineer, the biggest drawback of working at XIFIN is that you are working for a Services company, not a Software company. Many of the other reviews here suggest that XIFIN does a paltry job with their benefits especially when compared to other software companies, that's true, but that's like saying it's better to use oranges to make orange juice than it is to use apples. No kidding... XIFIN is not a software company, at least not in any traditional sense that people would normally think of, so even if they call themselves one, it's hard to agree with that sentiment. Most directives come down with an emphasis on Services, leading the engineers to feel like superfluous second class citizens. [The Product] As a direct result of the services oriented nature of the company, the engineering team is constantly pushed to produce new features with little priority placed on the numerous existing issues (this has been such a sore spot that it has finally started to be addressed). While the push for new features is admirable, it seems like a mistake to continue to build on top of such a poor foundation. Doing so constantly injects new issues alongside the historic ones leading to a situation where distinguishing where one issue ends and the other begins becomes almost impossible. This approach presents the facade that the product is evolving to meet market demands, but it may eventually lead it to stumble under its own weight. Once again an area where image and style win out over substance and employee concerns. [Infrastructure] - Information Technology - The technologies used in the product and what supports it is an example of XIFIN's frugal nature still alive and kicking. What they consider bleeding edge technology is old enough to have been sunset by Microsoft if it was one of their operating systems. Old isn't inherently bad, but when other technologies have been demonstrated to be capable and proven to do a better job in every measurable way, it's time to move on from your current paradigm. - Corporate IT - As mentioned in other reviews, the security minded nature of the medical industry has lead to the locking down of work machines. This has lead to a new found reliance on the IT team. The teams lack of responsiveness is not due to the IT team itself, but their lack of support (being understaffed). The company has grown tremendously, but has done so without allocating nearly enough resources to the infrastructure of the company, many employees have seen a slow done in productivity as a result. [Compensation] Ultimately XIFIN's goal is to make money, and they are coldblooded in their pursuit of it, they aren't in the business of running a charity. So coming into the company expect that you'll be paid less with fewer benefits, because you will unless you can successfully negotiate a good starting wage (something that is rare but not unheard of). Getting a good starting rate is paramount since you will only see annual merit increases in the 2-3% range (maybe 4% if you're manager wants to be your advocate). Of course this is all understandable, it's not XIFIN's fault that their employee's are willing to undervalue themselves, if someone was worth 100k but was willing to get paid 75k, or if someone was willing to work a 50-60 hour week for the same pay as someone working a 40 hour, which company wouldn't jump at that bargain... [The Commute] Yes, the company is located in San Diego which is nice, but it's location also presents an issue. Being at the top of the triangle (where the 5 and 805 meet), you will inevitably be stuck in traffic at the end of the day (~4pm - 6pm [traffic starts early on Friday, its heavy by about 3pm] +/- 30 minutes) whether you are headed south on the 5 or 805, north on the 5, or even east on the 56 (typically not as bad as the other directions). Getting to XIFIN is relatively easy in the mornings (though the 56 west can be bad at times). [Overall] XIFIN is like that old bar around the corner, it's slow to change, the selections awful, and you may get ripped off but the people are nice and the place feels comfortable once you get used to it. XIFIN isn't for everyone, on balance I would recommend steering clear unless: 1) your position is fairly insulated 2) are able to start with an above average salary 3) you can easily get along with your new manager/supervisor 4) get along well with your new team members 5) are willing to sacrifice #2 for #4 Don't get me wrong, I want XIFIN to succeed and get better. I don't want people in the software industry to look at my resume and see my time at XIFIN as a negative, the better XIFIN gets the better I look for having worked there, go XIFIN!

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