|
nasdaq:gwgh
|
https://www.glassdoor.com?employer_id=974969
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Nov 2nd, 2020 12:00AM
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Open
|
Open
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GWG Holdings
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Best Job Ever
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United States
|
USA
|
What an amazing place to work
|
|
family-oriented, visionary CEO, loving employees, best managers
|
Minneapolis is too cold, no longer doing Life Settlements, I miss this place so much
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
0.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
|
974969
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
4.0
|
|
|
|
Jan 1st, 2021 10:32PM
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Jan 1st, 2021 10:32PM
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GWG Holdings
|
|
Financial Services
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|
nasdaq:gwgh
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https://www.glassdoor.com?employer_id=974969
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May 20th, 2020 12:00AM
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Open
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Open
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GWG Holdings
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Institutional Sales
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Minneapolis, MN
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Bizarre high functioning PE Shop
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|
The pay, the office, the unlimited expense account.
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Sexual harassment is rampant as there are very few females in the office. All females they hire have to be vetted by the male dominated IS team and they value appearance over experience for female hires. The absence of an HR department obviously enables this atmosphere. There are unspoken requirements to use the expense account to take clients to strip clubs on a weekly basis and to other unprofessional establishments.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
3.0
|
1.0
|
1.0
|
1.0
|
1.0
|
3.0
|
1.0
|
|
974969
|
Open
|
Owned by two billionaire trust fund mafia babies, nothing will change.
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0.0
|
[]
|
REGULAR
|
No
|
No
|
|
4.0
|
|
|
|
Jan 1st, 2021 10:32PM
|
Jan 1st, 2021 10:32PM
|
GWG Holdings
|
|
Financial Services
|
|
nasdaq:gwgh
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https://www.glassdoor.com?employer_id=974969
|
Apr 16th, 2020 12:00AM
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Open
|
Open
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GWG Holdings
|
|
United States
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USA
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OK
|
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Flexibility to manage my day
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Compensation was a bit low
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|
|
|
|
|
|
0.0
|
3.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
|
974969
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
0.0
|
|
|
|
Jan 1st, 2021 10:32PM
|
Jan 1st, 2021 10:32PM
|
GWG Holdings
|
|
Financial Services
|
|
nasdaq:gwgh
|
https://www.glassdoor.com?employer_id=974969
|
May 14th, 2019 12:00AM
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Open
|
Open
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GWG Holdings
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Administrative
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Minneapolis, MN
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Just OK
|
|
Generous Management, Fun, challenging, good enviornment
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Ego, distrust, complex business model
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1.0
|
POSITIVE
|
0.0
|
NEUTRAL
|
1.0
|
APPROVE
|
0.0
|
3.0
|
3.0
|
3.0
|
3.0
|
3.0
|
3.0
|
|
974969
|
Open
|
Good luck
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
4.0
|
|
|
|
Jan 1st, 2021 10:32PM
|
Jan 1st, 2021 10:32PM
|
GWG Holdings
|
|
Financial Services
|
|
nasdaq:gwgh
|
https://www.glassdoor.com?employer_id=974969
|
Mar 22nd, 2019 12:00AM
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Open
|
Open
|
GWG Holdings
|
|
Minneapolis, MN
|
|
All Aboard the Crazy Train
|
|
Nice office space and pretty decent benefits.
|
Employees are coached and coerced into writing positive Glassdoor reviews – or they are written by one of the minions. No one dares to say “no” or write a true review (I do see a couple recent, honest reviews) because the wrath of the CEO and his hench(wo)men would be fast and furious. The CEO is always looking for the next shiny object (Epigenetics – YouSurance). He moves from idea to idea with no real results or profits. He’s going to “sell” his ideas whether they are legit or not. Though he professes to care about the employees, they are all just numbers to him, cogs in the wheels of GWG. Employees are forced to learn and adhere to the teachings of the fraud scam artist, Napoleon Hill. The only ones cashing in on Hill’s “get rich” philosophy is the CEO and his high level executives.
The company’s push for transparency is a joke. Again, employees cannot be honest out of fear for their jobs. Employees are used and abused and either leave because they can’t take it anymore or are terminated when they are no longer useful. It has been hammered home that employees are lucky to have a job at such “an amazing, cutting edge company” and are replaceable if they step out of line. Some employees are so desperate to keep their jobs that they will do anything – including selling their soul. There are so many shady things going on within the business and it's shocking GWG hasn’t imploded. The Sabes family is very slick and are masters of deception and manipulation – do some investigating before accepting a position with GWG.
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-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
5.0
|
1.0
|
1.0
|
1.0
|
1.0
|
3.0
|
1.0
|
|
974969
|
Open
|
Management doesn't take advice because the CEO is so brilliant and knows everything . . . NOT.
|
0.0
|
[{"countHelpful": 0, "languageId": "eng", "userJobTitle": "Chief of Staff", "__typename": "EmployerResponse", "originalLanguageId": null, "id": 2031797, "responseDateTime": "2019-04-01T09:34:39.027", "translationMethod": null, "response": "Thank you for sharing your feedback. We encourage all employees, past and present, to provide transparent feedback to help us grow and improve.\r\n\r\nOur stated business mission has been in place for more than a decade. As technology and science evolve, we will continue to evolve our vision where it makes sense. Far from being a shiny object, Epigenetics is a proven body of science that studies how the DNA molecule\u2019s instructions are translated into the production of proteins that make us who we are today. Of specific interest to us is how Epigenetics affects biological ageing, which ties in seamlessly with our mission to understanding longevity and its ramifications on our customers and their financial security. YouSurance is the channel we use to educate consumers and Life Epigenetics is our conduit to conducting valuable market research.\r\n\r\nAs a company, our guiding principles have also remained steadfast and are based on the values found in Napoleon Hill\u2019s \u201cThink and Grow Rich.\u201d These include such common sense values as having a greater definite purpose, keeping a positive mental attitude, working as a team, and going the extra mile. These principles are applicable to any business venture large or small.\r\n\r\nWe are also proud of the charitable work done each year by the Sabes Foundation, a philanthropic family foundation dedicated to providing funding to health research, educational endeavours, and inner-city youth programs. The Sabes Foundation has strong commitments to the development of the local community and its activities and reflects the generosity and compassion of its founders.\r\n\r\nWhile we hope to provide an inspiring place to work, we also understand that we may not be a good fit for everyone. Thank you again for sharing your opinion, and we wish you all the best in the future.", "responseOriginal": null, "countNotHelpful": 0}]
|
REGULAR
|
No
|
No
|
|
2.0
|
|
|
|
Jan 1st, 2021 10:32PM
|
Jan 1st, 2021 10:32PM
|
GWG Holdings
|
|
Financial Services
|
|
nasdaq:gwgh
|
https://www.glassdoor.com?employer_id=974969
|
Mar 5th, 2019 12:00AM
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Open
|
Open
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GWG Holdings
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Non-Management
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Minneapolis, MN
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|
owners are visionaries. management are lazy yes men. many incompetents abound
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|
yes gwg, owners are visionaries and keep the company alive, without the owners and the top 5 percent of the real talent this company would be 1 star, they know who they are. goes to show you dont need many people to be successful. each department has 1 or 2 key people who really make the company function. they rest are collecting a pay check. mainly management who produce nothing but give the illusion they are like master magicians
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want you to go the extra mile but will never ever go to extra mile for you
overly micro managed. managers love applying all these different time management systems and review systems and they cant agree on just using one. they have to use 50 different systems to burden and confuse employees so they look important but dont actually do anything. management cant remember your personal growth probably because they are all high and have short term memories so it is the only way management can exists at this company and remember anything to review. it seems like they only put over themselves and need a computer to tell them or remind them how you perform. they could never actually remember what you did to perform without a computer to tell them. i would hate my life if i had to wake up everyday figuring out a way to exist with no talent through micromanagement schemes. imagine if any great nasdaq company worked like this such as google or amazon worked liked this. they are laughing at gwg. gwg wants to be a tech company but they are stuck in between wall street and silicon valley with no way out. old guard running things and very primal. prepare to be in fear of speaking out against all this too. the most controlling people become management through their exceptional skill of kissing up without producing. i feel bad for some departments for how many required meetings they are so that controlling managers feel they are contributing but really arent. this is the honest truth.
'now i have spent the last 2 months analyzing what these guys do, and i still cant figure it out. the new law in corporate evolution seems to be the survival of the unfittest.' gordon gekko described this company perfectly.
middle management are allowed to make critical mistakes that cost a lot of money and still allowed to be employed while giving the illusion they are experts. ownership are not aware of these mistakes usually and they are brushed under the rug as to not expose management incompetency.
|
-1.0
|
NEGATIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
4.0
|
2.0
|
4.0
|
2.0
|
3.0
|
4.0
|
1.0
|
|
974969
|
Open
|
i feel bad for ownership and shareholders . this could be such a great company. all the creativity here is all a knock off from something else with the exception of what appears to be their science program. 5% of the company actually has originality creativity and the power of creation. the company is going to make money no matter what with their portfolio though if you read the publicly filed future projections. I dont think anyone in the financial dept has came up with an original financial idea though. same in all the other departments with the exception of a few. you pay a lot of money to obtain ideas but create none yourself.
i read there was some company that got rid of all management and let everyone manage themselves. that is what gwg needs to do. once they figure out how little these parasites contribute shareholders will start reaping the profits.
also drop the stupid indoctrination and self help advice. it really is pathetic. everyone hates this. the only reason they participate is because they are management who needs to be seen or extremely brainwashed individuals who weren't raised correctly to understand how to succeed in life. all of the advice in the self help courses are basic common sense. all of the characteristics you are looking for in the self help classes should be weeded out in the hiring process. ive never been at another company that ever did this. it is very creepy
|
0.0
|
[{"countHelpful": 0, "languageId": "eng", "userJobTitle": "Senior Content Strategist", "__typename": "EmployerResponse", "originalLanguageId": null, "id": 2009284, "responseDateTime": "2019-03-13T11:44:33.613", "translationMethod": null, "response": "Thank you for sharing your feedback. We\u2019re sorry to hear that your experience at GWG Holdings didn\u2019t match our goal of being a great place to work.\r\n\r\nAs a fast-growing company, we strive to promote a corporate culture that values radical honesty and transparency and plan to use your comments to address any opportunities for improvement.\r\n\r\nIf you would like to connect to share your thoughts directly with our Human Resources team, feel free to reach out to me at: bsilvermann@gwgh.com so we can set up a time to chat.\r\n\r\nThank you again for your honest feedback, and we wish you all the best in the future.", "responseOriginal": null, "countNotHelpful": 0}]
|
REGULAR
|
No
|
No
|
|
4.0
|
|
|
|
Jan 1st, 2021 10:32PM
|
Jan 1st, 2021 10:32PM
|
GWG Holdings
|
|
Financial Services
|
|
nasdaq:gwgh
|
https://www.glassdoor.com?employer_id=974969
|
Jan 1st, 2019 12:00AM
|
Open
|
Open
|
GWG Holdings
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|
United States
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USA
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"Honest Opinion Not Prompted by Management" sympathizer
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|
Downtown Minneapolis. Accessible to all in the metro area.
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Checking in on Glassdoor just to see if the environment has changed at all. Apparently not. From the original poster:
"Culture - women generally not provided with advancement opportunities or raises, despite male counterparts receiving the same. No maternity leave but a two-week paternity leave (what?!).?" Beyond messed up.
This is why I left. It is truly a boy's club and they want to keep the women in clerical roles and to look good at events. If you are comfortable with that as a woman, by all means, go ahead. If you are a male, you can make a killing here. More power to you. Females, look elsewhere! As a male, I want to work where everyone is supported equally.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
4.0
|
1.0
|
3.0
|
1.0
|
4.0
|
3.0
|
1.0
|
|
974969
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
0.0
|
|
|
|
Jan 1st, 2021 10:32PM
|
Jan 1st, 2021 10:32PM
|
GWG Holdings
|
|
Financial Services
|
|
nasdaq:gwgh
|
https://www.glassdoor.com?employer_id=974969
|
Dec 21st, 2018 12:00AM
|
Open
|
Open
|
GWG Holdings
|
|
Minneapolis, MN
|
|
Honest Opinion Not Prompted by Management
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|
Great learning experience if you do not mind being required to work long hours or weekends and provided you do not mind being yelled at by management.
|
Culture - women generally not provided with advancement opportunities or raises, despite male counterparts receiving the same. No maternity leave but a two-week paternity leave (what?!).
Open floor office layout - loud, no confidentiality and exceptionally distracting.
Management - lack of focus and generally incompetent. The business decisions are impulsive and random.
CEO is undisciplined and nutty (to put it nicely).
Bad Benefits - no corporate match on 401k despite being in the financial industry (?!).
Low Salaries.
Bad bonuses.
Underperformance of company as a whole.
No maternity leave (despite a two week paternity leave).
No advancement opportunities.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
6.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
|
974969
|
Open
|
Provide work life balance to employees.
Stop asking employees to leave only 5-star reviews. Be receptive to honest feedback.
Raise salaries and bonuses to market-standards. Even better, raise them to be competitive with the market.
Provide a clear, defined goal for the company and stick with it. It feels like the direction of this company is dictated by a squirrel or a toddler - we don’t know where we are going or how we will get there.
When senior management does come up with a new initiative, give us the time to do due diligence so we know how to successfully execute it, then allow us the time to actually execute it. The CEO is often so impatient that we cannot see initiatives through to completion before he pivots. It is frustrating and expensive.
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
0.0
|
|
|
|
Jan 1st, 2021 10:32PM
|
Jan 1st, 2021 10:32PM
|
GWG Holdings
|
|
Financial Services
|
|
nasdaq:gwgh
|
https://www.glassdoor.com?employer_id=974969
|
Dec 16th, 2018 12:00AM
|
Open
|
Open
|
GWG Holdings
|
Digital Marketing
|
Minneapolis, MN
|
|
One of the few, true 5-star companies
|
|
+ Brilliant leadership team helmed by a true visionary
+ Innovation, creativity, and collaboration encouraged at all levels
+ Cutting-edge products and projects
+ Smart, talented colleagues working together towards the same goals
+ Radical transparency at all levels of the organization
+ Competitive compensation package
+ Located at the heart of downtown Minneapolis
+ Friendly employees that really care about the team and every individual
+ Leadership encourages and supports employee wellness, growth, and self improvement
|
Startup mentality requires flexibility, positivity, and the ability to think on one’s feet—probably not suitable for people looking for a structured 9-5 routine.
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
1.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
|
974969
|
Open
|
Keep being awesome, accessible, and transparent.
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
1.0
|
|
|
|
Jan 1st, 2021 10:32PM
|
Jan 1st, 2021 10:32PM
|
GWG Holdings
|
|
Financial Services
|
|
nasdaq:gwgh
|
https://www.glassdoor.com?employer_id=974969
|
Dec 13th, 2018 12:00AM
|
Open
|
Open
|
GWG Holdings
|
Senior Human Resources Generalist
|
Minneapolis, MN
|
|
Senior HR Generalist
|
|
Innovative, fun, transparent company with great c-level management staff. I started two months ago and my transition was great. Friendly staff and helpful managers made me feel welcome right away. Competitive salary and benefits and great stock options and bonus structure.
|
The company has an innovative and start-up kind of feel. Not great for people who don't embrace change.
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
1.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
|
974969
|
Open
|
Keep doing what you are doing. Transparency is wonderful change of pace.
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
1.0
|
|
|
|
Jan 1st, 2021 10:32PM
|
Jan 1st, 2021 10:32PM
|
GWG Holdings
|
|
Financial Services
|