CEO change in July 2019 threatens company culture - Anonymous employee PeopleKeep Employee Review

2.0
Jun 30, 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

We help people who have been left behind by traditional group health insurance. Customers love our product, even though it isn't a fit for everyone. We have 5-star reviews and high customer support ratings. Most employees care deeply about each other and about our customers. Working at such a small company, there's been room to take initiative and influence the company's direction. The company culture was one of the main reasons many of us stayed despite PeopleKeep's struggle to find growth. When Eric Morgan became Interim CEO in October 2018, he brought a calmer temperament than our former CEO (who was known for destructive outbursts). When Eric took over, he didn't disrupt the culture. He let existing managers guide the company toward a period of more open ownership over responsibilities. Most of the positive Glassdoor reviews came during this 9 month period.

Cons

But now our culture is threatened by a new CEO. Most of the people who built our product and company culture have left the company. Victoria Hodgkins was hired as COO a few months ago. Then the board of directors decided to appoint her as CEO even though our most recent employee survey was the most negative it has been in years. In the survey, employees specifically called out Victoria's actions as reasons they weren't happy. She only gave their concerns lip service. In fact, in an all hands meeting she announced that she had been brought in as a change agent and that anyone who didn't like the new direction should consider whether they still belonged at PeopleKeep. Victoria tried to change things without asking about what was working well. This has caused a high amount of friction among the leadership team. A few weeks after the all hands meeting, employee morale took another turn for the worse. Our long-time CTO announced he was quitting. Eric Morgan also announced he would step down from interim CEO on July 1 and that Victoria would be promoted to CEO. He said that PeopleKeep would hire an outsourced engineering company from Albania to audit the Product Development team's people and processes and make recommendations on what to change. He said the Product Development team would have to start following the outsourced company's processes. Within days, the Head of Engineering and Head of Product both resigned. All of this happened just after we started ramping up to build a new product (which had only become possible after new regulations were passed). I'm not sure why we're making so many big changes at the exact moment when we need our company to rally together to make our next product. But I'm concerned that Victoria doesn't value the culture that made PeopleKeep a great place to work. If you like taking orders you might do well here. Most people who challenge anything seem to be pushed out of the company.

Explore other reviews about PeopleKeep

5.0
Aug 18, 2023
Recommend
CEO approval
Business outlook

Pros

Company has a fundamentally strong business and good people. Feels great to work in a goal-oriented, collaborative environment with a positive remote culture and supportive team. There is a lot of room for developing skills and making an impact. Product is a highly visible, well-managed function here and this offers a unique opportunity for scope by using judgement and making correct decisions.

Cons

People who are not used to having less structure than a traditional company may not realize how essential it is to be proactive and resourceful in order to make an impact in a startup environment.

2.0
Nov 14, 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There were some great people to work with. There was also a good culture for a while.

Cons

The CEO change mid-year was quite detrimental to the company culture, head count and productivity. In a matter of a month, the majority of the product and engineering team was either let go or told to quit. The remaining few were offered bonuses to stay on (at least through the end of the next product launch), but all left quickly. The exodus still continues. The employee NPS score tanked within 2 months of the new CEO coming on the scene. Given the previous company culture of openness, there were initially hopes that the drop in employee satisfaction would bring some change. Changes came quickly. The culture was dismantled, roughly 1/3 of the company was let go or left, the continuing negative eNPS scores were ignored—not the kind of changes anyone was looking for. As other recent reviews have outlined, distrust is the standard and disagreements (real or imagined) result in being cut out of meetings, decision making, etc. A final important thing to consider: the only recent positive reviews were written by new employees, all of whom were hired directly by the CEO. They were all written less than 3 weeks after the employees started their positions, and all of them in response to an influx of negative feedback about the new leadership. Each of these reviewers also felt the need to close out their reviews by attacking all the former employees who left because they were "spoiled", "didn't want to grow" or weren't down with a "progressive pace." 👍 Nothing fishy there at all.

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PeopleKeep Response
6y
Hi! Thank you for your honest feedback. We're trying to improve our employee experience here at PeopleKeep. We'd love it if you'd take a moment to provide some tangible and actionable feedback for the leadership team. https://docs.google.com/forms/d/1vGCSXc28fkDVaDTVROMA0CpPFiDoyO7QBrU50xPEKvY/edit
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