BizCover

Below market rates, toxic environment - Marketing BizCover Employee Review

1.0

Sep 7, 2023

Recommend

CEO approval

Business outlook

Pros

- Ping pong table/PS4 - Shallow perks that try and promote a tech-bro fintech feel - Decent diversity initiatives - Quality tech solution that helps small businesses

Cons

- Pay structure designed to underpay younger workers leading to job churn and poor retention - Lack of transparency around pay leading to people getting paid a considerable amount less for the same work compared to other team members. - Complex and poorly thought-out internal processes that result in work not getting done, a lack of general accountability, and a demoralised and toxic team culture - Company thinks of itself as an agile start-up but in reality its bloated processes mean it will take months to get anything done (if at all) - Highly siloed and segmented culture that results in departments rarely interacting - Tech-heavy executive team who don't value or appreciate the role of other departments (like marketing). - A culture of 'quantity over quality' that will sacrifice high quality work for AI-generated nonsense as long as it ranks on Google. - Poor parental leave and P&C policies in general. If you want a fintech without any benefits, work here!

BizCover Response

Thank you for taking the time out to give us your feedback! We would like to address a few issues that you have raised. Roles that go to market are benchmarked against salary data within the local market and salaries are offered based on experience not age. Sometimes our processes aren’t right and we are open to feedback and always striving to improve these where possible. We have a lot of initiatives running aimed at facilitating interaction within the teams such as EOMD and other social events. Our Executive Team all come from very diverse backgrounds with only 1 Tech representative. All our teams are highly valued including Marketing. To you point around our P&C policies - these are currently under review. We rely on our staff referral program for recruitment and it has been a source of top talent within the business. All candidates goes through a thorough hiring process to ensure that all recommendation are the right fit for the respective role. Thank you

Below market rates, toxic environment - Marketing BizCover Employee Review

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