Executives believe the company’s success is due to their management skills rather than in spite of them. Their extraordinary hubris and incompetence results in a company-wide toxic environment. Abusive management cascades down from top to bottom and morale bounces around from bad to worse and back again. Xifin has maintained a truly staggering and consistent turnover rate over a 15+ year period - this is not a blip.
Work loads are high, goals are typically changing as you go, and chastisement is the norm. Salaries are well below average and raises are rare. Internal promotion is virtually unheard of and manager hires are externally sourced and also suffer from frequent turnover.
The software is terrible and never gets better in the pandemonium-based development cycle. The technology stack is 10+ years behind. There is heavy reliance on ancient technology and employee’s technical skills become outdated with every passing day. Many current employees are simply trapped by their now-outdated skills and find it difficult to be competitive in today’s job market.
Incredibly, HR solicits employees for positive Glassdoor reviews, but don’t fall for the “pollyanna” reviews. They are not reality-based.
