Stash Reviews

2.6

28% would recommend to a friend

(147 total reviews)

Liza Landsman

39% approve of CEO

21% positive business outlook

Stash has an employee rating of 2.6 out of 5 stars, based on 147 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Stash employee rating is 30% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

147 reviews
1.0
Sep 5, 2023

Is 0/5 an option??

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The workers here are some of the nicest down-to-earth people I have ever met in my professional career! This is the only reason why I continue to stay here.

Cons

Leadership: When founders Brandon & Ed ran the company the employees were much happier, cared about the work / mission of the company, and were treated with respect. Sadly the new heartless leadership that took over has dragged the once great culture down to the gutter. We've had roughly 4 massive layoffs in the past 9-12 months, one of which occurred right before Christmas break. The employees are constantly asked "to do more with less". Everyone is burned out, underpaid, and undervalued. Performance Review: the performance review process is never the same year to year. This year, the process took 6 months to do a yearly performance review... 6 months!! The employees that got promoted were given a merely 2-4% increase and non-promotions were given roughly 1-1.5%. Managers were asked to purposely lower the ratings they gave to their direct reports to meet some HR goal?? The accurate scores given by managers during the review was earned by their direct reports for all the hard work they do and its shame it had to be altered behind the scenes. Hiring Process: majority of the new hires at Stash is all done behind close doors. These job postings aren't even listed on the job site. Essentially, if you did not work with leadership at a prior job, good luck trying to get hired. All the individuals that help built this company have been laid off and have been replaced by former workers of leadership. Culture : Everything said in the reviews below this is 100% accurate! New leadership has created a toxic environment to work in. We used to receive nice gestures from old leadership like free lunches, swag gear, Christmas gifts, etc. The only gift current employees receive now is "congrats you weren't laid off this round". Most of the firm is updating resumes and looking for new opportunities so they can get off this sinking ship.

4.0
Jan 11, 2022
Recommend
CEO approval
Business outlook

Pros

Good company and good pay

Cons

Long hours for the amount of work

2.0
Dec 21, 2023
Recommend
CEO approval
Business outlook

Pros

This was honestly a fantastic place to work when I was here. It was rated one of the best places to work in NYC during my time here. They hired the right people who were great at building culture, building teams, and building products. It is genuinely a fantastic place for short term career progression and you do have the opportunity to learn great skills here.

Cons

At some point the company grew way too quickly and the only way they knew how to motivate people was to promote people. A ton of people got promoted before they were ready and that caused a lot of people other people to feel animosity for people who got overlevelled (and overcomped) relative to their impact and competency. This caused a vicious cycle of mismatching company/employee expectations. Since I've left, the company has floundered at their attempts to grow beyond the one area where they found product/market fit for, and it was in large part due to the previous CEO not understanding the things that actually made Stash successful in the early years. The company culture never made the successful transition from hot shot startup to mature midlevel company, but their venture rounds and debt burden sure did. After failing to capitalize on consumer anxieties around inflation, the downfall of crypto, flood of customers with pandemic surpluses and stimuluses; after trying and failing to get acquired or expand to the UK market; after four rounds of layoffs; after extremely high levels of leadership churn without any attempts to stabilize company culture; we have finally gotten to the point where the glassdoor reviews are so low that they've gotten members of the C-Suite who have been at the company for less than a year trying to drive the average company review numbers up by posting a 5 star review that said "Can't think of anything that is a major con."

Viewing 1 - 3 of 147 Reviews

Glassdoor has 152 Stash reviews submitted anonymously by Stash employees. Read employee reviews and ratings on Glassdoor to decide if Stash is right for you.