Lack of Structure, Governance, and Ethics - A Disappointing Experience at RegASK - Anonymous employee RegASK Employee Review

RegASK is a company that exemplifies the worst aspects of startup culture. Here are my key observations: No Commission or Bonus Payments: Despite promises, employees do not receive commission or bonuses, contrary to what might be expected in a sales-driven environment. Inexperienced Leadership: The CEO lacks real business experience and is in her position primarily because her husband owns the VC that funds the company. This is echoed by other reviews noting that "management kept changing direction and ideas". Toxic Work Environment: Management does not acknowledge employee merits or performance, instead encouraging bullying and bias. The company culture fosters a hostile work environment, lacking HR support to address these issues. Lack of In-House Expertise: As a regulatory consulting company, RegASK has no in-house regulatory experts. All regulatory consultants are part-time or contractors, which compromises the quality and reliability of their services. Questionable Hiring Practices: The company recently onboarded a job-hopping CRO who spent less than 12 months in his last three roles and brought his entire sales team with him, causing significant disruption. High Employee Turnover: The company suffers from a high employee attrition rate, indicative of deeper organizational issues and dissatisfaction among staff. Misleading Office Locations: Despite claims of having offices in Switzerland and the USA, RegASK only operates out of Singapore. This misrepresentation undermines trust and credibility. Exploitation of Foreign Workers: Many long-term employees in the Singapore office are foreigners on employment passes who have limited options, suggesting they may feel trapped in their roles due to visa constraints. Summary: RegASK is a highly misrepresented company with no clear career progression paths, a toxic work culture, and leadership that lacks integrity and direction. This experience has been disappointing and disheartening, and I would not recommend this company to prospective employees.