|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Apr 3rd, 2024 12:00AM
|
Open
|
Open
|
Ellevest
|
|
|
|
Great place to work, really trying to make a difference
|
|
The whole team is friendly, smart and really excited about the mission. Ellevest is really trying to make a difference for women.
|
The company is fully remote; would be ideal to have a hybrid model.
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
0.0
|
5.0
|
5.0
|
5.0
|
4.0
|
4.0
|
5.0
|
5.0
|
1355974
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
2.0
|
Open
|
|
|
Apr 4th, 2024 04:09PM
|
Apr 4th, 2024 04:09PM
|
Ellevest
|
|
|
|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Mar 20th, 2024 12:00AM
|
Open
|
Open
|
Ellevest
|
|
|
|
Management does NOT know what they're doing
|
|
Woman+-Centered Mission, Remote work, fast-paced
|
Inexperienced managers, lack of feedback, lack of communication, lack of transparency
|
-1.0
|
NEGATIVE
|
1.0
|
POSITIVE
|
-1.0
|
DISAPPROVE
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1355974
|
Open
|
Promote people who know what they're doing, communicate to your employees. Employees (current or future): WATCH YOUR BACK!!
|
0.0
|
[]
|
PART_TIME
|
No
|
No
|
|
1.0
|
Open
|
|
|
Mar 21st, 2024 11:53PM
|
Mar 21st, 2024 11:53PM
|
Ellevest
|
|
|
|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Dec 6th, 2023 12:00AM
|
Open
|
Open
|
Ellevest
|
|
|
|
Dream to nightmare
|
|
admirable mission, smart and talented coworkers
|
I used to love this company, i was happy every day i logged on for work. I enjoyed my team and felt compelled to do my best since we were working towards an important mission.
Unfortunately the company showed it's true colors with three rounds of lay offs in the span of a year, reducing benefits, hiring outside contractors to take over whole departments, and piling more work on top the employees left. On top of all that they are happy to take desperate former employees on as contractors at lower rates.
they make everyone who is laid off or fired sign a broad NDA that is not enforceable in several states, scaring former employees off from making critical posts
The company used to proudly state how diverse they were, how many women of color were in leadership positions after 2020. Now most or all of those women have left or been pushed out.
|
-1.0
|
NEGATIVE
|
|
|
-1.0
|
DISAPPROVE
|
0.0
|
1.0
|
2.0
|
1.0
|
1.0
|
3.0
|
1.0
|
1.0
|
1355974
|
Open
|
spend less on brand, more on talent. lower pay rates for c-suite and vps so associates can have a livable wage. stop hiring sprees that result in lay offs 6 months later
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
4.0
|
Open
|
|
|
Jan 16th, 2024 08:56PM
|
Jan 16th, 2024 08:56PM
|
Ellevest
|
|
|
|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Dec 21st, 2023 12:00AM
|
Open
|
Open
|
Ellevest
|
|
|
|
Empowering experience in a mission-driven company
|
|
Working at Ellevest has been a rewarding journey. Ellevest stands out for it's mission to close the gender investment gap - which is not just a statement, it's a commitment that is integrated into every aspect of our work.
The culture is supportive where colleagues are mentors and friends. There is a genuine spirit of collaboration and encouragement, making it a pleasure to come to work every day.
One of the best aspects of Ellevest is the flexibility which allows employees to balance their professional responsibilities with their personal life seamlessly. This flexibility is a testament to the company's understanding and respect for diverse life situations and schedules.
Overall, working at Ellevest has been a transformative experience. It's a place where you can grow, contribute to a meaningful cause, and maintain a healthy work-life balance.
I'm proud to be a part of this team and excited to see what we can accomplish together.
|
As a con, remote work, while flexible can sometimes feel isolating. The lack of in-person interaction can be a drawback for those who thrive on direct social engagement in their work environment.
Additionally, being part of a startup means embracing a high-intensity work culture. Although this can be extremely energizing and exciting, the pace is fast and often requires the ability to wear many different hats at the same time, which may not suit everyone's working style.
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
0.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
1355974
|
Open
|
Continue fostering a positive work environment and explore ways to bring the team together in person at least once a year to mitigate feelings of isolation, build community and celebrate our wins.
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
4.0
|
Open
|
|
|
Dec 22nd, 2023 06:24PM
|
Dec 22nd, 2023 06:24PM
|
Ellevest
|
|
|
|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Nov 29th, 2023 12:00AM
|
Open
|
Open
|
Ellevest
|
|
|
|
Is it weird I love my job?
|
|
Ellevest has been instrumental in my professional and personal growth. I've had opportunities and exposure to people and projects that only Ellevest (and our CEO) could have provided.
I am grateful for senior members of the leadership team who have continued to invest in me (via promotions, compensation increases + opportunities for growth) and supported my career trajectory at the company and beyond.
Most days, I wake up feeling lucky to work alongside a group of people who are incredibly kind, collaborative, and talented. And to work for a company whose mission makes a 9-5 job so much more than a 9-5 job.
|
Like any startup, there have been seasons that are "better" than others (ex: transitioning to fully remote during a global pandemic was ... tough) but I can confidently say that in the past few years, the company has really hit its stride in terms of honing in on it's business offerings and what it does best, and gathering the group of people who will help us get to the next level.
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
0.0
|
5.0
|
5.0
|
4.0
|
5.0
|
5.0
|
5.0
|
4.0
|
1355974
|
Open
|
Let's continue to put the client at the center of everything we do.
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
6.0
|
Open
|
|
|
Nov 30th, 2023 06:30PM
|
Nov 30th, 2023 06:30PM
|
Ellevest
|
|
|
|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Nov 24th, 2023 12:00AM
|
Open
|
Open
|
Ellevest
|
|
|
|
Strong mission, collaborative team
|
|
I wanted to share a slightly different view of Ellevest from the other reviews here because I’ve genuinely had very positive experiences. The biggest pros include being part of an inclusive work environment that fosters the rare combo of innovation and empathy. People care about each other and they care a lot about what we are building. Another standout aspect of working here is the chance to learn from some seriously talented people with diverse backgrounds in tech and finance. Ellevest is unlike any other company I’ve worked for because not only are they aware of the barriers women face in the workplace, but they actively strive to address them with a remote workplace that encourages flexibility and work-life balance. Ellevest is an amazing company to grow your career if you want to work collaboratively and advance a super important mission.
|
Honestly, nothing to add to this section!
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
0.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
1355974
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
4.0
|
Open
|
|
|
Nov 30th, 2023 06:30PM
|
Nov 30th, 2023 06:30PM
|
Ellevest
|
|
|
|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Oct 22nd, 2023 12:00AM
|
Open
|
Open
|
Ellevest
|
|
|
|
Great Mission, But a Burnout Culture Hinders Progress
|
|
- Great people - Mission-oriented - Fully remote
|
I've been working at this company for a while, and I have mixed feelings about my experience here. On one hand, I'm genuinely inspired by our company's mission, and I've met some truly exceptional people along the way. However, the relentless burnout culture and unsustainable work pace are major concerns. One of the most disheartening aspects of this company is the expectation that employees constantly work crazy hours. Unfortunately, this is modeled by our LT who seem to be perpetually working late nights and weekends. It's really disheartening to see my manager and other leaders constantly sacrificing their personal lives for the job. The turnover rate is high, and most colleagues I've met here stay for 1-2 years before burning out and seeking greener pastures. It's a constant revolving door of talent, which not only hampers our ability to progress but also places an additional burden on those of us who remain.
|
-1.0
|
NEGATIVE
|
0.0
|
NEUTRAL
|
0.0
|
NO_OPINION
|
0.0
|
2.0
|
1.0
|
2.0
|
2.0
|
2.0
|
2.0
|
3.0
|
1355974
|
Open
|
If I had any advice for our leadership, it would be to work smarter, not harder. We desperately need a more cohesive company direction that can help prevent unnecessary work and fire drills. Too many of us spend valuable time on projects that never see the light of day. It's frustrating and demoralizing. The company's current approach of pushing employees to their limits is not a sustainable one, and it's costing us both talented staff and precious time. There's no denying that this company has a great mission and some truly incredible people. But the burnout culture and lack of a sustainable pace are making it increasingly difficult to stay motivated (and stay here). I hope that leadership takes heed of this feedback and works towards creating a more sustainable work environment. Only then can we truly make progress towards our inspiring mission without losing so many valued colleagues along the way.
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
0.0
|
Open
|
|
|
Oct 24th, 2023 12:11PM
|
Oct 24th, 2023 12:11PM
|
Ellevest
|
|
|
|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Sep 4th, 2023 12:00AM
|
Open
|
Open
|
Ellevest
|
|
|
|
Don't believe the Instagram posts
|
|
The non-leadership people who work there are fantastic. I'm really going to miss the folks I worked with, and hope they get out soon!
|
When I joined, I really did believe in the mission, and in leadership, and what we were doing. But over time, it became clear that the vision was lost. Gaslight: 1. CEO has literally (not exaggerating here) said that the goals that are presented internally to employees and used as employee performance metrics are higher and less attainable than the goals presented to investors and the board. 2. Leadership has no clue what they're doing. They fight amongst themselves, have competing priorities, and sabotage employee efforts to get close to the unrealistic goals they set. 3. When projects are assigned by leadership, project owners get no resources or formal, organized help in implementing them. When those projects don't go as planned, employees get blamed for poor performance. 4. Goals are bible, yet their projections are solely based on numbers. People who will be executing on those goals have no participation in their creation and end up working towards unrealistic and unattainable numbers. 5. Employees at all levels (from junior level to C-suite) are fired or let go with zero notice or improvement plan — this has happened to multiple people over the course of just a couple of years. Gatekeep: 1. Pay is awful. Severely below competitive salaries in the industry. 2. Pay raises are not tied to title promotions, but rarely happen without one. 3. Promotions feel impossible to attain. Certain promotions require direct report experience to attain, but the company is unwilling to hire more people to manage. Other positions simply have nowhere to be promoted to, so the promotion and subsequent pay raise is impossible. Leadership has openly admitted to not promoting people because they don't want to give them the title. 4. Diversity continues to decrease, after multiple layoffs and firings. The company becomes whiter and male-r by the day. 5. "Perks" are limited. Company is fully remote but offers no help with the expenses of working from home, or any other type of living stipend. Offered a one-time $100 stipend for office supplies. Just instituted 401k "match", by which I mean a one-time $500 deposit ($1000 in years to come) into employee 401k accounts. Quietly eliminated Summer Fridays. When asked about decreasing perks, HR points to unlimited PTO policy. However, after continuing layoffs and RIFs, leadership has begun to explicitly ask employees to reduce the amount of PTO taken. 6. Shady, and I mean SHADY, layoff and personnel management. Pregnant women, women on maternity leave, women who just returned from maternity leave, people who leave New York City, people who ask for better working conditions, people who are trying to protect their direct reports, and everyone in between is unceremoniously fired or let go. People are fired or let go without their managers' awareness. People unknowingly engage in their own replacement searches under the guise of hiring people to build their team; people are secretly replaced and only notified after their replacement has been found. Girlboss! 1. Press and marketing budget spent on media to promote personal fame and celebrity of the CEO instead of spent toward company goals. 2. Instagram and social media is not based in the reality of life at Ellevest. No company is going to post about its bad culture, but when the whole brand is built on disrupting toxic finance companies, it hits a special nerve when the exact same behavior happens within company walls. 3. Callous and backstabbing culture at the top trickles down to lower level employees. Leadership openly discusses firing team members on large calls. Certain toxic behavior (calling people out, rudeness, delivering negative feedback in public spaces) is not addressed, especially if the acting party is a high earner for the company. 4. Employees are made to sign a sweepingly broad non-compete when they accept the job. 5. The culture does not encourage its employees to challenge leadership or question the decisions. The reviews on Glassdoor about people who question the nature of the work they're doing or why leadership seems to be inept and what happens to them as a consequence are true. 6. Transparency is at an all time low. Fear over the market downturn and lack of strategic vision and coherence is manifesting in a toxic, opaque sludge of a culture.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
0.0
|
1.0
|
3.0
|
1.0
|
2.0
|
1.0
|
1.0
|
2.0
|
1355974
|
Open
|
I have no advice for management; without a serious overhaul, their work to destroy the company will pay off soon. My advice for employees and possible employees: go get underpaid, undervalued, and overworked somewhere else. At least where the whole "mission" isn't built on the exact opposite.
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
0.0
|
Open
|
|
|
Sep 4th, 2023 08:45PM
|
Sep 4th, 2023 08:45PM
|
Ellevest
|
|
|
|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Aug 29th, 2023 12:00AM
|
Open
|
Open
|
Ellevest
|
|
|
|
Don’t Walk the Talk
|
|
A strong mission and brand, fully remote culture (+/-), great coworkers at lower levels
|
Incredibly toxic culture! This company does not embody the brand it projects. Long hours, lower than industry pay, complete lack of transparency from leadership, few promotions due to lack of growth, and poor people managers that lack experience. There were so many times I felt completely gaslit by my manager, only to find out many other employees feel the same. Not to mention the many rounds of layoffs over the last 2 years with no respect to the teams or people impacted. Company is a sinking ship and I don’t see how leadership can get themselves out of the mess they created. Anyone that questions leadership gets the boot.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
0.0
|
2.0
|
3.0
|
2.0
|
1.0
|
2.0
|
2.0
|
2.0
|
1355974
|
Open
|
What happened to the power in diversity? It seems like anyone that questions leadership is shown the door. You have so many employees that WANT to work there because of the mission, so why are you making it so difficult to stay there?
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
4.0
|
Open
|
|
|
Aug 30th, 2023 09:41AM
|
Aug 30th, 2023 09:41AM
|
Ellevest
|
|
|
|
private:ellevest
|
https://www.glassdoor.com?employer_id=1355974
|
Aug 5th, 2023 12:00AM
|
Open
|
Open
|
Ellevest
|
CRM Associate
|
Phoenix, AZ
|
|
Good starter job
|
|
Took me on as first job in tech
|
3 but layoffs in 2 years.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
0.0
|
NO_OPINION
|
0.0
|
4.0
|
4.0
|
4.0
|
4.0
|
4.0
|
4.0
|
5.0
|
1355974
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
0.0
|
Open
|
|
|
Aug 7th, 2023 11:43AM
|
Aug 7th, 2023 11:43AM
|
Ellevest
|
|
|