Pros
There are a few pros: - An incredibly energetic and focused CEO, who will do anything to make the company succeed - Many smart, fun and talented people who, inexplicably, remain at the company - Interesting science behind the products
Cons
The word "sacrifice" comes up in every townhall speech, and the CEO means it - employee welfare, salaries, benefits, career growth are absolutely irrelevant unless they somehow affect the growth of the company. Don't believe any positive reviews you read here, new employees are coerced to write them. The facts speak for themselves: More than 100 people have left in the short life of the company. No regular raises or performance reviews. No meaningful promotions for anyone. Insulting benefits ($2000 for training? Please). The early employees who built the core of the company have mostly left. The few who remain are still waiting for a market salary or stock options, while being effectively demoted as new hires are placed above them. Can Prenetics explain why new employees are getting options while many existing ones don't have them? Do flowers on employee anniversaries compensate for this? Another thing you will hear at townhalls is "hard work will be rewarded". Don't believe it, nobody has ever been rewarded. You'll also be told "if you are not happy, just leave". Many people have done just that because they worked extremely hard and got no reward. It's a complex business, and after all the attrition there are now very few people in the company who truly understand it. What remains is an endless cycle of mistakes and fire-fighting with no time to plan for the future. Finger pointing is routine, and smooth talking is rewarded. Confusion is everywhere. New employees are desperate to prove themselves to colleagues who are also trying to prove themselves. Increasing time is wasted in unstructured meetings. There are multiple lists of "values" and "tenets" which are recited then ignored. Mistakes are severely punished, creativity is not encouraged, overtime is explicitly expected, and work-life balance does not exist. Beware of the amateur hiring process which has seen many people hired and then fired during their probation, after the company changed their mind. Several talented people left good careers to join Prenetics, or worse immigrated, only to find themselves out of a job in a few months through no fault of their own.
