Strange and Scary - Consulting Firm Lodestone Employee Review

2.0
Nov 24, 2020
Recommend
CEO approval
Business outlook

Pros

Pay is decent and promotions go to employees designated to be in the club. Work life balance was pretty good until employees started leaving.

Cons

Tons of employees are leaving because of new CEO and COO bad management, and CEO has dismissed every concern brought to him. Some are announced while others aren't. Small company and shrinking, so there is no hiding. They make you sign a horribly aggressive non-compete while hiring, but verbally tell you it's unenforceable. Rumors going around that CEO and COO have been making legal threats about enforcing the apparently now enforceable non-compete when an employee gives notice.

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Lodestone Response
5y
First of all, thank you for taking the time to post this feedback. The happiness and well-being of our family of employees is more important than anything else. It’s never fun to learn that an employee had a bad experience while at Lodestone. Some of the claims posted, however, are simply not true. Lodestone is not shrinking. We have been growing steadily since day 1 and in fact we have grown more than 60% in just the last 6 months. It’s not fair to say that tons of people are leaving. We are well below the industry average turnover rate, and while we would love for everyone to stay here forever, we recognize that personal and professional needs change over time. If anyone wants to make a change for themselves, we’re more than happy to support a successful transition to a new employer. We have never threatened legal action of any kind, regarding a non-compete agreement or otherwise. They are in line with the agreements our competitors use, and they have industry standard terms for non-compete, non-solicit and confidentiality. All of Lodestone management has an open-door policy and we take any / all concerns raised very seriously. Our culture is a huge part of our success and the most critical aspect about how Lodestone does business. One piece of truth in this review - we do have a “club” that gives its members a fast track to growth. The only requirements to be in that club are to do good work, support your fellow employees, and have fun doing it. That club includes every Lodestone employee and we intend to keep it that way. We only wish the anonymous reviewer had voiced their opinions to someone in management prior to departure. Perhaps together we could have avoided this unpleasantness.

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5.0
May 20, 2024
Recommend
CEO approval
Business outlook

Pros

Team members and the leadership

Cons

I haven't experienced any cons

3.0
Jun 17, 2024
Recommend
CEO approval
Business outlook

Pros

- The 401k company match is rather good, I am not sure about other benefits, such as medical, as I didn't use them. - Lots of experienced people who love to assist and teach you through things. Overall the Incident Response team is full of good people. - Growing business that isn't very stuffy. - Lots of opportunity to grow your skill set and hands on work. - Managers and team members all wanting to make Lodestone better

Cons

- People are pretty overworked, it felt as though to meet utilization goals you had to work every evening and weekend. Not a great work-life balance despite being a remote role. - Tools and Tech breaking down quite often causing slowdowns to projects. - No training for employees going on a few years. - The salary isn't the greatest compared to other organizations with same experience level. - Somewhat of a boy's club. Although I personally got along pretty decently with everyone, I personally saw women of same role have more tasks expected of them with less compensation or promotions and communication with those women not the most work appropriate.

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