Absolute joke, avoid at all costs - Anonymous employee Sidetrade Employee Review

1.0
Feb 5, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some people are friendly, tap water is free

Cons

SALARIES Salaries are so low they are insulting. Don't get fooled by the "Competitive salary" they promise to all new comers, there is no such thing at Sidetrade. Working there for almost 3 years, in 2 different departments, my salary has always been several thousands euros less than the market price, to say the very least. If you expect bonuses to ease the pain, that's another big mistake. Targets are set up in such a way that it is virtually impossible to earn as much money as advertised (if you are lucky enough to know your targets, that’s another story). Also, cherry on the cake, since bonuses need to be approved by the CEO, you can safely assume that they will arrive late (sometimes 2, or 3 months), as he is very busy and time is money (but not yours). If you decide to join Sidetrade, however, you'll have the privilege to read countless emails detailing the impressive growth of the company, and how many millions are in the bank, which is reassuring really. More insights for the cash collection department salaries: Entry salary: minimum wage (yes because you’re only asked to speak two languages, and remember tap water is already free) Salary raise every six months. The beauty of this offer is that it looks great on paper, because you truly believe you’re in a fast paced environment and you’ll get there very soon. The reality is something else, please consider how many years you'll need to work to get the same entry level cash collection salary anywhere else (and I really mean, anywhere else). I did this calculation myself at the time and that was no more than a few years, all good ! Professional Services/IT salary insights: If you've felt insulted as a cash collector, wait until you get a job in the Professional Services/IT. You might think having a degree, having a promotion and all that sort of things will get you in a nice place, well it depends, especially if you work at Sidetrade. My earnings were as disappointing as when I was a collection agent, to be honest even more, as you know being an “engineer” and all should be rewarding. BENEFITS Here is what Sidetrade has to offer: . Are you done reading ? Great, there’s not much more to say. No health insurance (unless you’re part of the management (not always true, top management needs to appreciate you), but health doesn’t matter as much when you’re young, right ?), no food, not even coffee/tea or sugar. At some point, there was a big advertisement campaign, because they were offering free fruits. But wait wait wait, once a week. And in the end it happened twice. Thanks though, to this day I still remember this delicious apple. CONSIDERATION FOR PEOPLE Just looking at the turnover rate should be enough of an indicator. People constantly leave, sometimes during the first week or first COUPLE OF DAYS at Sidetrade. More and more people are leaving, at all levels. Terrible, terrible way to treat employees. Top Management previously referred to cash collection agents as a “bunch of interns who should be happy to get paid”. Do I need to say more ? A.I COMPANY Sidetrade claims that they’re on the verge of new technologies, they’re going to take on the AI market, etc etc. Here is a suggestion: what about using softwares which are not from 2008 ? What about providing correct equipment to the people who work in the IT Department ? Fun fact, I had to buy equipment myself to setup my second screen (thankfully I was refunded, Sidetrade is generous). Also, it might be time to stop using the free version of every software you use (communication, support), don’t you think ? It might not be noticeable from the outside (or is it ?), but that’s so cheap it’s hilarious. The A.I race is not won in a wooden car. At the very least update the softwares Professional Services use EVERY DAY. SUMMARY Even if you are looking for experience, keep in mind that you will be able to find it somewhere else, in a way better environment. Sidetrade is greedy and careless towards its employees, don’t make this time consuming mistake.

Explore other reviews about Sidetrade

5.0
Mar 27, 2023
Recommend
CEO approval
Business outlook

Pros

Really good company to work for. The best technology in the order to cash space. Great people and culture.

Cons

Fast growing company with some of the challenges associated with that growth, but it is being managed very well.

1
avatar
Sidetrade Response
3y
Your kind words mean a lot to us. With talented Sidetraders and an ambitious strategy, we're proud to establish ourselves as a leading company, creating new opportunities for our business and team. Thank you for your support and enthusiasm!
1.0
Apr 11, 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Many great, smart people work here. The product is quite strong and well presented (conceptually). Teams could be really strong if they had some autonomy and independence.

Cons

The CEO should resign and bring in a leader that could actually execute the company's 'Fusion 100' vision. He can't get out of his own way. How many companies of this size, have a CEO that signs every agreement whether it's an employee contract, partnership, or sales contract? Not to mention needing approval from the Paris CFO to buy coffee creamer in the Calgary office? It's beyond absurd. He should take a CRO role, and hand the reins over to an accomplished leader that knows how to grow a business in North America. The company has lost the trust of the US marketplace already, If you're looking for a new role, wait until the leadership changes here. It's so sad to see so many smart, capable people in leadership roles be stifled by one person. No employee is trusted, and nothing related to bonuses or sales commissions are put in writing - they are left ambiguous so the CEO can decide with subjectiveness, whether or not you should get paid. Don't get me wrong, he's a smart guy, but his Emotional IQ is in the way and he makes emotional decisions that lack maturity and forethought. It's not a pleasant place to work. If you are looking at this review to decide to accept an offer from them, just look at how the process is going with your contract negotiation. Are they paying you your value? How many people ahead of you declined the position because of failed offer acceptance? If you truly need a job, and are desperate, go find the people on linked in that once worked there, and ask them what they think and then decide if it's worth it.

3
avatar
Sidetrade Response
1y
Thank you for taking the time to share your perspective. While we recognize that every experience is unique, we’d like to offer a few facts that reflect the reality and direction of our company. At Sidetrade, we’re proud of our committed teams and the talent we attract and retain. In fact, our average employee tenure is over 5 years, which speaks to the loyalty and satisfaction of our workforce. We consistently measure employee engagement through our Employee Net Promoter Score (eNPS), which currently stands close to +30, a strong result in the tech industry. We are also deeply committed to gender equity and internal growth: Our professional equality index (gender equality score) in France is 93/100. In 2024, 14% of our workforce was promoted, and over 50% of those promoted were women. 100% of our employees have received training, supporting both personal and professional development. Despite a challenging global economic climate, Sidetrade remains committed to recognizing performance. We continue to deliver annual raises to eligible employees, a practice that many companies have paused. Regarding the involvement of our CEO: while it’s uncommon for a leader of a company our size to be so hands-on, this direct access to top leadership is often valued by our employees and partners. It fosters transparency and ensures alignment across all areas of the business. We firmly believe that vision and execution go hand in hand, and the CEO's engagement is part of what has enabled Sidetrade to grow steadily and remain resilient across markets, including North America. We understand that leadership style can be perceived differently depending on expectations and roles. Still, our priority remains to create an environment where our people can thrive, and we continue to evolve based on employee feedback and market best practices. If you would like to continue the conversation or share more specific concerns, our People Team is always open to listening and improving. Thank you again for your feedback. The Sidetrade Team
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