Sift reviews about "benefit"

Not great processes Very political

Engineering stack is messy Low compensation and benefits especially as you grow in level. More focus on getting new people rather than keeping good people who are already in the company

The Sift that many of us know and love is no longer and is a consistent topic of conversation amongst those of us who see this. Turnover is rapid and unexplained, yet no feedback or PIPs are distributed. There have been multiple waves of layoffs in the past year leaving those left behind scrambling to pick up the pieces and start anew. Teams are tighter then ever but expectation and goals have increased to the unobtainable. New hiring isn't transparent, they have stopped sharing salary ranges for new roles which to me means that they are taking advatnage of tech layoffs and hiring people at lower salary ranges then they deserve and is equal to the work they are doing and is being done by others at similar positions already at Sift. Once these new hires figure that out, they'll be gone once the market stabilizes. They is a lot of talk about checking salaries twice a year, proactively adjusting to ensure fairness and market value- false, never been done as far as I know. Raises and promotion are not common. And there is certainly no proactive work to ensure salary fairness, or giving of raises unasked or fought for. Even with company longevity, and being in the tech space, benefits are not really that competitive- lower salaries, no 401K matching, no summer Fridays, few company wide holidays, and no holiday break. Unlimited PTO doesn't mean much when you can't take a break because the work won't get done, most folks work through the monthly mental health day and meet through deep work time. New leadership hires need training on their delivery and communication many of them are abrasive, micromanaging, unavailable and overall need some training as managers to learn how to motivate teams instead of burn them out. They are constantly talking over their teams in meetings, not listening, collaborating or creating feedback loops of any kind- not approachable.

tons of leadership gone in first year, revolving door of execs and even some mid management struggling to figure out go to market

Compensation is not where it needs to be

Unfortunately, my experience at Sift was not as positive as I had hoped. Despite claiming to be people-first, the upper management is disorganized and there is a lack of empowerment for managers below them. This leads to a lot of micromanaging and a lack of trust in employees. The company places too much emphasis on yearly goals and planning, which can be frustrating since more is being planned than can be completed. The managers below the upper management lack experience and seem to be simply implementing directives rather than having the autonomy to lead their teams effectively. Another significant issue at Sift is the large amount of tech debt that has not been addressed. The main code repository is a mono-repo, and it takes an unnecessarily long time to deploy code due to outdated systems. This makes it difficult for employees to work efficiently and effectively, which is frustrating. It's worth mentioning that Sift seems to be undergoing an identity crisis, as evidenced by the recent firing of several C-level executives. This has caused uncertainty and instability within the company, and it's unclear how the leadership changes will impact the direction of the company in the long term. Overall, while there are some positive aspects of working at Sift, my experience has been overshadowed by the lack of trust, micromanagement, C-level turmoil, and outdated systems. It's disappointing that the company's people-first approach is not reflected in the day-to-day reality of working here.

high price point on product made it hard to sell in a pandemic.

Upper management was terrible with no clear vision for the future. No raises during my entire tenure and once free benefits started to cost money. Zero work life balance in my department, constant slacks and emails well after 7PM

Numerous employees have been compelled to leave due to a toxic culture where teams operate in isolation, backstabbing is prevalent, and decisions lack data-driven reasoning.