Great company on the surface but full of shady practices and unethical behavior. - Claims Specialist 98 Ventures Employee Review

1.0
28 Sept 2020
Recommend
CEO approval
Business outlook

Pros

Decent pay, flexible workload, no weekends.

Cons

Highly unorganized, management severely under qualified for the positions they hold, as a lesser YOU will do their work for them and they will get paid for it. They claim to have a family atmosphere and they do if they like you, but will ostracize an entire team and utilize shady business practices to find fault and terminate their employment in order to replace them with people they like. They do not make any attempt to rectify issues and are known to blindside people with termination. There will be no verbal or written warning. You may not even know you did something wrong. And they will not tell you. They will use employees against other employees. They will use favored employees to gather intel on employees they dislike in order to have enough to terminate them. These employees will have no idea but the employee that gathered this information will receive a promotion despite being guilty of all the offenses the other employees were terminated for. The list could go on and on. They are a company of sociopaths and have no moral compass whatsoever. You should only apply if you are desperate. But make your employment here temporary until you can find something better. The pay isn’t worth it and the benefits aren’t that great.

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98 Ventures Response
5y
Thank you for your feedback regarding your time with 98 Ventures. All of our team members are carefully considered before being placed in management roles and we continue to ensure they are managing their teams appropriately. We are sorry to hear about the issues you’ve experienced. If you would like to provide us with more information to help us improve, we’d be happy to hear from you. Please reach out to us at WeCare@98Ventures.com or to our Human Resources department and a team member will be glad to help. Thank you again for letting us know how we can be better. 

Explore other reviews about 98 Ventures

5.0
5 Sept 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I've been with 98 for a while now, and I can't help but appreciate the genuine concern they show for their employees. It's a welcoming culture and they actively seek feedback and are open to suggestions

Cons

More office events and collaboration would be appreciated

2.0
13 Aug 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are great individuals within this company that I have made lifelong friendships that I cherish to this day.

Cons

No upward trajectory Intense nepotism Higher ups are incredibly disconnected to what the company actually does core tenant is "Empowered Ownership" but does not invest in its people and allows some higher ups to contribute nothing while demeaning actual workers

1
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