0 star rating - stay away - Anonymous employee Hedgeable Employee Review

1.0
Jan 21, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Have healthcare options that have premiums 100% covered.

Cons

Hostile work environment with small-minded, sexist, racist comments made by the cofounders. They have very negative mindsets and make snide comments about employees behind their backs. Cofounders only like people like themselves so if you're like them, they'll listen to you. If you're a reasonable person, they'll not listen to or value your opinion. I have no idea how this company is still around. Cofounders have no work ethic and care more about appearing to be a cool tech startup than actually working to build and create something. They fight endlessly and constantly change directives thus accomplishing nothing. They promise a cool startup culture but it's far from it. They have rigid rules and expect you to follow their every shifting demand. They expect to see you sitting at your desks at whatever hours they want and view you as their money at work. Happy hours and events feel forced and don't allow for organic coworker relationships to form as you'd expect in a startup environment. Would not recommend anyone to work here.

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Hedgeable Response
9y
I am sorry for your negative experience. It is hard to respond to some of the comments, they are very hurtful, especially as the founders are a member of a minority community and have experienced these negative things in the past. We encourage employees to address any of these concerns with our professional PEO provider TriNet and it is unfortunate that this was not brought to their attention. We would have addressed it immediately, so it is very difficult for us to respond to an anonymous review with speculative insights. We try to create an inclusive and fun work environment, and of course our company culture is not always perfect and is a constant work in progress, so we appreciate your comments. Founders still work 100+ hours per week and over 360 days per year with little to no compensation 8 years after starting the firm. So those comments are especially hurtful. It is certainly not our goal to have a forced startup culture, there are weekly or bi-weekly events, offsite events, and other fun things in the office. We wish you the best of luck in your future career and hope you find an awesome company :)

Explore other reviews about Hedgeable

5.0
Aug 31, 2017
Recommend
CEO approval
Business outlook

Pros

Very very smart peeps I get to work with. We have a huge roadmap and lots of great partners, so I am never bored. Things are REALLY fast paced. We get to travel all over the world because our partners are global, which is really cool.

Cons

No unlimited vacation policy...at least yet!

1
avatar
Hedgeable Response
8y
We are happy you are enjoying the culture, and the engineering work you are doing. Your suggestion on vacation has been noted with the HR manager!
1.0
Sep 26, 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Casual dress, can wear flip flops (can only wear shorts if you're a female), occasional happy hours (that are poorly planned and decided on at the last minute), paid lunch during the week

Cons

No training or good communication between departments. Since the two co-founders are twin brothers, they constantly argue and pick fights with each other in front of the whole team which is incredibly uncomfortable and unprofessional. Emails and chats are monitored by the two co-founders as well. They won't tell you but will know everything that you are saying so nothing is private which shows that they don't trust anyone on the team causing a bad company culture. Not only are the co-founders passive aggressive, they have strange requirements when trying to sell that they are a "cool tech startup" in New York (i.e. being in at 9 AM on the dot, core hours being 9 AM - 7 PM). If I knew any of this would happen after joining the team, I would have never switched from my previous tech startup. I'm glad I got out when I did because I don't know how much longer they will be around for. Hedgeable seems like a slowly sinking ship.

4
avatar
Hedgeable Response
9y
I am sorry for your negative experience. Working on a small team is difficult, especially with founders, and we appreciate your feedback. We have cross-training programs for the entire organization, have knowledge share sessions, and paid General Assembly Courses. It is common for employers to monitor employee communications for compliance and legal purposes. In fact, Hedgeable is required by law to monitor employee communication to prevent insider trading and other illegal activities. Unfortunately, employees can't have any expectation of privacy using company email accounts with messages sent representing the company, company computers, etc, in a regulated environment. Social media accounts must be monitored because Hedgeable is regulated by the SEC. These policies are clearly outlined in Hedgeable compliance manuals, which are available to every employee. Hedgeable does not monitor any personal cell phone or email accounts. Company business hours are tied to market hours, unfortunately the markets open at 9:30AM and we have customer support that is tied to these hours. We wish you the best of luck in your endeavors and hope that you find a better cultural fit at a future employer :)
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