Good company with large growing pains, currently undergoing a course correction - Implementations Q2 Software Employee Review

4.0
3 Dec 2020
Recommend
CEO approval
Business outlook

Pros

Q2 has a super strong push to their culture, our mission is that we strengthen communities and it really shows in employee attitudes. Q2 does all the little things right. They give (small) gifts of appreciation every quarter just to know they're thinking of us. They also try to realize when a majority of the workforce is stressed but their efforts to make that better are often ineffective but I still appreciate the sentiments. The response to COVID-19 has been nothing short of phenomenal as well. Q2 was one of the first companies to send everyone fully WFH and our CEO claims we'll be one of the last companies to come back into the office. There's a ton of free food. Open PTO plan and the health plan is the cheapest I've ever seen. The pay is decent but the stock program is amazing. Stocks vest on a 4 year plan and Q2 stock is usually a firm 'buy' based on professional analysis. This last year my vesting stocks was roughly 1/3 of my total income. I think upper management realizes morale is low right now and it working on improving it which, in my opinion, shows they care. A surprisingly large number of Q2 employees have been with the company a very long time (7+ years). I don't see that very often in Austin and I think that speaks volumes.

Cons

Q2 is currently trying to become profitable and that's been rough on the employees. In late 2018 it was announced all pay raises would be put on hold. Some employees did finally get raises halfway through 2020 despite still not being profitable but I honestly think that has more to do with COVID-19 and trying to recover lost morale rather than putting employees first. I would not be surprised if something similar happens in 2021. Weekend work will happen and it will likely happen on very short notice. Management has rationalized this by saying we have an open PTO plan to make up for it but due to workload very few people are able to actually utilize the unlimited PTO to make up for the lost weekends. Q2 has grown very quickly and we're at a weird point where we have some massive customers that can dictate how we work. Because of this it doesn't feel like projects are run very efficiently and we're constantly rushing from fire to fire based on the whims of our largest customers. If you're placed on one of these projects it can be very disheartening very quickly. Management also seems to only want to keep the client happy without care for employee morale. Q2 is also very segmented. In implementations we work in several different pods, some of which have wildly different responsibilities. Project managers struggle to understand what pods do what and this leads to a lot of internal conflict. In my experience because of this a lot of technical positions that have been with Q2 for a while tend to take ownership of parts of a project they should have no involvement with solely because the PM doesn't understand who should be doing what work. Upper management changed quite a bit between 2016 and 2018 which really set us back, we're just now recovering from that and it's not uncommon for folks around the office to still complain about those turbulent times. We tend to celebrate near misses rather that good jobs being done. Every quarter we have an all hands that has an awards component to it. Each aware always has an anecdote on how the awardee did something above and beyond to rescue a project from certain failure. These aren't things that went well, these are projects that were neglected until the 11th hour and then a majority of the project was done in the final 2-3 weeks. We don't seem to learn from these mistakes and glorify the pain that these team members went through. If you work on a team that runs smoothly you'll most likely not be noticed because everything is running smoothly.

Explore other reviews about Q2 Software

5.0
28 May 2026
Recommend
CEO approval
Business outlook

Pros

Great company overall * Leaders communicate the business strategies and successes regularly * Benefits + compensation are great/competitive * Training is fantastic and always available * Innovation is always encouraged * Great fintech company * Tons of activities for inclusion for onsite workers

Cons

* Tech stacks are kind of all over the place - various cloud solutions in place with high cost usage. This is not all that bizarre when a company like Q2 acquires a startup and their very specific software stack.

1.0
21 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Pay (salary + bonus + equity) was ok

Cons

HRBPs are sinking the ship. They are making business decisions, hiring/firing decisions for the business units. They sit on interview panels just to ask some behavioral questions that any of the other interviewers could ask. They inconsistently apply extreme policies (not even talking about the RTO). The company says they want to grow to be a billion dollar company. No company has ever done it with HR policies. I've been at companies a tenth of the size and trillion dollar companies. None have had the HR policies that Q2 has. The business model is also not sustainable. The number of financial institutions in the US has been shrinking for 20+ years. And once the local banks get scooped up by the JP Morgan Chases, they'll be using the Chase mobile app, not Q2's software.

2
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