Novastone Reviews

2.5

31% would recommend to a friend

(15 total reviews)

22% positive business outlook

Novastone has an employee rating of 2.5 out of 5 stars, based on 15 company reviews on Glassdoor which indicates that most employees have an average working experience there.

Reviews by job title

15 reviews
1.0
17 Oct 2021

AVOID!

Recommend
CEO approval
Business outlook

Pros

the people are great, not the director

Cons

The director has done it again! He's a rip-off con artist.He has defrauded us staff, his investors, the HMRC and the company pension too. But he's fine because he's spun up a newco, leaving the millions he owes with novastone media ltd. current and former staff are owed thousands. Despite his assurances that "all was good" and "you'll all be paid in full" this has not happened. Avoid at all costs! Check out Companies House website for the paper trail. It turns out this isn't the first time hes done this

1.0
31 Oct 2021
Recommend
CEO approval
Business outlook

Pros

There are no pros to working here.

Cons

The company doesn't have enough money to pay staff. Every month staff are paid late or underpaid, if you leave they don't pay you for time worked. Head of HR and Head of Finance both left the company due to the reckless way it is being run. Do not consider working for them.

2.0
27 Jun 2021
Recommend
CEO approval
Business outlook

Pros

Tackling technical debt and making progress. Pretty good work-life balance. No pressure to stay late. Good attitude towards taking time off, including sick leave. My team was great. Fully remote.

Cons

Some personality clashes. Mandatory monthly "lab day" where you have to do something different and present to the company the following day. High staff turnover with only one or two engineers being in the company for longer than a couple of years. Legacy codebase initially written by people who didn't know what they were doing. Salary problems for over a year now (late/partial payments, missing pension contributions). Got a letter not long after I left from the pension provider that payments were outstanding and that Novastone would be reported to the Pensions Regulator. In at least one case, a staff member was having to take out loans to pay their rent. No proactive steps taken by management to improve conditions for workers who are having to endure missing money in the middle of a global pandemic. Extremely poor communication, being told mere hours in advance that we might not get paid on time. Such announcements were usually just the CEO trying to tell us how difficult it is for him. Micromanagement from delivery perspective, e.g. obsession with metrics, how the kanban board looks. Just gets in the way. Proud of associations with some clients and partners who I would personally consider to be highly unethical. "WealthTech" is probably making the world a worse place, to be honest. The last thing we need is to make life easier for the rich. You get a laptop but nothing for creating a suitable home office, proper ergonomic office chair/desk etc. Talk of executives taking regular flights. Good news, the climate collapse isn't real after all, I guess.

Viewing 1 - 3 of 15 Reviews

Glassdoor has 17 Novastone reviews submitted anonymously by Novastone employees. Read employee reviews and ratings on Glassdoor to decide if Novastone is right for you.