Mediocre Entry Level experience - Software Developer SumZero Employee Review

2.0
26 Feb 2019
Recommend
CEO approval
Business outlook

Pros

- Interesting product for engineers interested in finance, hires directly out of bootcamp - Good modern tech stack - Flexible / accommodating work environment (vacation, WFM, etc.)

Cons

- Unprofessional work environment (no HR department, many employees use their personal computers, no swag, etc.) - Extremely high churn rate (current avg. employee tenure is <1 year) - Top-heavy, non-technical management team. Extremely unclear as to why multiple nontechnical 'C suite' executives & VPs are necessary in a 15 person company with multiple years of flat employee growth. - Low compensation relative to market. Management seems shocked at the high employee churn rate, but the valid and consistent feedback of engineers who leave the company re: compensation is ignored. No HR leads to awkward negotiations with managers with little experience serving as judge/jury/executioner. - Relies almost entirely on word of mouth and referral hiring, creating a cliquey & political work environment

Explore other reviews about SumZero

5.0
18 Feb 2022
Recommend
CEO approval
Business outlook

Pros

- Fully Remote - High Employee Autonomy - Unlimited Vacation Days - Work-Life Balance - Job Security - Personal Growth Opportunity - No Bureaucracy SumZero is ideal for mature, organized and versatile Software Engineers who thrive in a minimal supervision remote environment and value their personal autonomy and impact on the product. Employees essentially have full control of their work-life balance.

Cons

- No 401k contribution match - No new-employee training - Minimal Company-Funded Events for its Employees - Small Firm Organizational Structure Subjectively, the pros can outweigh the cons depending on your individual and professional goals. SumZero will not be a great fit if you are expecting formal training upon hire, micro-management or frequent employer-sponsored social events.

1.0
26 Sept 2019
Recommend
CEO approval
Business outlook

Pros

Few if any come to mind

Cons

Management is extremely dishonest, and has consistently screwed former employees on everything from compensation (bonus payments & lies of bonuses around the corner), to equity, to benefits. CEO is independently wealthy and status obsessed, and sneers at people from less 'prestigious' backgrounds. Some of management's wildly unprofessional behavior has included firing well liked employees who turned in their two weeks notice, fundamentally misrepresenting arrangements w/ regard to equity, and vulgarly disparaging former employees to current employees. For anyone considering joining the company - please be wary. Management's reputation is so poor in the industry that the co-founder doesn't list his involvement on his Linkedin or the biography on his firm's website. The same can be found with numerous former VPs and sales folks. When SZ spun out of Winklevoss Capital, early employees included graduates of Stanford, Cornell, Princeton, Harvard, Westpoint and other similar caliber institutions. While I don't think educational pedigree isn't enormously important on an individual basis, in aggregate it's clear that the company is finding it more and more difficult to hire talent, so standards have and continue to drop. The ranks of top tier talent has been replaced by graduates of schools including Monash, Wofford, Kansas, and Bentley Universities. I find that the other reviews here are broadly accurate of my experience and would sincerely suggest staying away.

4
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