Pros
- Great colleagues to work with, particularly outside of senior management i.e. below divisional head. - Everyone is resigned to the fact Ingenious is likely to sink in the next couple of years and that the senior team are out to screw you so there is a real sense of camaraderie with everyone supporting each other to meet tight deadlines and often wildly changing expectations. - Due to a severe redundancy scheme last year coupled with a high churn rate not being replaced Ingenious is under staffed leaving the junior staff with lots of responsibility and opportunity to develop their skill set though no one to ask for support. - Location is great with plenty of options for after work. Many of the staff are often up for a drink after work most nights.
Cons
- A single shareholder owner by HNW individual. Perhaps was once involved in the company however hardly seen these days and feels like he has left a sinking ship. Due to a single shareholder the CEO is more like a puppet than anything else and micro manages every detail from individual transactions to investor communications. - There is a distinct lack of trust in the company with the senior team filtering information to the rest of the company. A strong inability to answer straight questions and promises often left unfilled. Has created a feeling of disdain between those that lead and those that do. - Salaries are 25% under market value (independent analysis) however used to be supported by significant bonuses. The company has however made a loss for the last two years with no sign that it is likely to change in the next few years. - Company plays on its once great reputation however has sat on its laurels for too long and is now significantly behind its competitors and unwilling to change. - Senior management take too long to make any decision meaning the company continues to loose both money and reputation. - Senior team are too interested in maintaining their large salaries as they approach retirement age than take a risk to revitalise the company for future generations. In particular the department heads will say one thing to their team and another to the CEO often selling out their team to make sure they are seen to align with the CEO. COVID-19 - Company was reluctant to send employees home for remote working. - No history of remote working in the company due to lack of trust by management. - Further evidenced by the fact we still use desktop machines rather than laptops.