Not much room to grow - Consultant Payscout Employee Review

2.0
Feb 3, 2023
Recommend
CEO approval
Business outlook

Pros

Great lunches, good culture and owners will take your call can listen.

Cons

Payscout is losing all of its key personnel. In less than 4 years, most of their dream team has vanished. All of the C-level executives and high level management who helped this company flourish have either left or are about to leave. The company had an amazing runway, and the management staff use to resemble that of a corporation like APPLE (when Apple was a new business) The founders are just concerned with their own wealth and threw away the opportunity of the company. Although Payscout makes member feel like family, they are merely an employee. Payscout is one of the few businesses in this sector that doesn't offer shares, RSUs, or stock options. For years they would promise equity and never deliver, coming up with one reason after another why they couldn't give an employee stock. Always a logistical issue excuse. The two founders continue to promote to their employees that employees will all one day succeed financially with them. But the 2 founders own 90-95% of the company between themselves. It is all Smoke and Mirrors to convince an employee to stay and work for less money, and make them feel like they are a part of a team. Payscout promotes their company values, including honesty, integrity, and always learning. Payscout now is the moment to start studying from your mistakes. You were once in the Inc 500 and now you are not.

Explore other reviews about Payscout

5.0
Aug 5, 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The company cares about work-life balance and company culture. Hard-working employees are recognized. There are opportunities for career growth. I feel supported, comfortable and confident working here. Great and open-minded leadership, flexible hours, great company benefits, passionate team members, etc.

Cons

Company growing pains - need to scale

5.0
Jul 24, 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A strong company with a strong culture. Although not perfect, there are so many co-workers that I am impressed by daily.

Cons

Automated systems are a work in progress.

See reviews by: Helpful|Rating|Date|All