Stax Reviews

4.1

82% would recommend to a friend

(175 total reviews)
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Paul Edwards

82% approve of CEO

64% positive business outlook

Stax has an employee rating of 4.1 out of 5 stars, based on 175 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Stax employee rating is in line with the average (within 1 standard deviation) for employers within the Management and consulting industry (3.7 stars).

Reviews by job title

175 reviews
4.0
10 Sept 2015

Research Associate

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Happy to be a part of Stax.Inc. Fun company and fun people to work with.

Cons

At times research Associates are not selected based on performance.They are called based on other reasons. This is at times demotivating to the Reserch associates.

1.0
22 Jan 2020
Recommend
CEO approval
Business outlook

Pros

- Projects are short, fast so you are unlikely to get bored - Learn a lot about a variety of industries, not forced to choose a specialty - A lot of opportunities to work on projects independently since management is stretched thin and tends to be hands off (this can also be a con if you have questions or need direction) - Opportunity to work with an sometimes manage a team of research associates to collect survey data (the research associates do a great job and are very underappreciated)

Cons

- When I recruited for Stax, the management team came off relaxed, laid back. They tend to sell themselves as flexible and easy to approach, but in reality it’s quite the opposite. They are nice to socialize with, but poor managers. Very little feedback is given, and it’s hard to recover politically from mistakes (which you are bound to make due to the fast pace of projects and lack of communication / time from management). - Communication is extremely poor from the top down. It can be very difficult to receive responses to emails from management or even to find time with them in the office. Sometimes you may be left out of client meetings; managers often play favorites (it’s definitely a “boys club” atmosphere which is disappointing for this day and time). I experienced an instance where a managing director told me one thing, and then I found out later that he was saying another thing behind closed doors (very immature and disappointing). - The atmosphere is quiet and tense in the office. Employees keep to themselves and there’s a lot of whisper/gossip among employees since communication is so poor from the top. Expect very few office outings that people can attend (planned or spontaneous). No happy hours, lunches (unless someone new is starting or someone is leaving) or fun events unless there is an employee who puts effort into it (usually these people don’t stay at Stax very long). - Growth is limited unless you are coming out of undergrad. An MBA is not valued at Stax, and the MBAs coming in are not getting the return on their investment (lower salary for the expected hours you’re putting in; lack of feedback/growth; lack of opportunities for promotions unless you’re part of the boys club). - Do not expect work life / balance at Stax. There of course is an expectation at any consulting firm that you will be working long hours, but here you are expected to be available on the fly 24/7. You're expected to work investment banking hours without the monetary incentives. I was working from 9am - 8pm on an easy day (~1-2 days a week) and 9am - 11pm on a busy day (~3-4 days a week). I was often told I could not work from home or leave the office to finish something at home (this can vary depending on the manager on your project). Since work is sometimes handed over to the Sri Lanka office (they are wonderful people!), you are often waking up in the middle of the night to answer questions or test something they build for a survey. You are often expected to work weekends. Don’t waste your time making plans or dinner reservations with friends or family during the week. You will be able to attend ~10-20% of the time even if you make late reservations. If you like to travel, it's difficult to plan trips in advance, since you won't know which project you are working on. I had to cancel a few trips during my time at Stax. - Attrition of employees is a huge issue for Stax. Management doesn't seem to acknowledge this as a problem, but when the office turns over 40-80% of employees every 1.5-2 years, you have a problem. Management has attributed attrition to people leaving the consulting profession when they leave Stax, but I know a number of former employees who left for other consulting firms. - Diversity is also not a strength. All of the women who worked in Chicago when I started left while I was at Stax. Management says they try to hire women, but it is clear they don’t really know how to keep them. There are no women in leadership roles (outside of HR) so no mentorship opportunities for women trying to grow. The atmosphere is more of a boys club (lots of sports talk in the office). - You might think the negative reviewers should have spoken to a manager or someone in HR about their issues. I personally shared everything in my review (and more) with HR and some trusted managers during my time at Stax and no changes were made. I also know that other employees who left shared issues (some worse than mine) with HR and no significant changes were made. HR is not present in Chicago (except for one woman who is more focused on training/education), so there is little opportunity to talk face to face with a trusted third-party outside of management. There was an instance where I shared something with HR that I asked not to be shared with management before I was able to speak to them, but it was shared ahead of my meeting anyways. Needless to say, I lost trust that I could speak openly with HR. Management doesn’t take critical feedback well, and usually blames employees instead of looking inward to try to improve.

1.0
8 Jan 2020

Toxic work environment

Recommend
CEO approval
Business outlook

Pros

Learn about a lot of different industries through quick projects Learn about private equity

Cons

Stax is a sexist, toxic place. There are no women in leadership because women are not respected in the office the same way men are. The only women in leadership roles are in HR and support functions. It is important to ask for that clarification in your interview because leadership may tell you there are women in leadership, when in reality, there are NO female consulting directors. Taking credit for other people's work/ideas and placing blame on innocent parties are common practices among managers and directors. There are minimal if any growth opportunities at Stax. Even if there were growth opportunities, most associates get burnt out after a year or two and leave. Turnover is extremely high due to super long hours and unreasonable expectations. Do not expect to ever work from home or leave before 8pm, on a good night. Do not try to make any plans after work Monday-Friday, you will not be able to keep them. Management will work from home whenever they need to though and not let you know beforehand. They communicate when it's convenient for them and will not go out of their way to make themselves available for work or development concerns. Complaints and concerns were brought to HR on multiple occasions, however they were never raised up and management continued to get away with poor behavior. As other reviews mentioned, positive reviews were written with pressure from management. If you have to ask for a positive review to bury the truth in all the negative reviews, you don't deserve one. My advice to women and anybody who desires a constructive and respectful work environment - do not work here.

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Stax Response
6y
Thank you for your comments. We are committed to a transparent, positive, and collaborative work environment for all our employees at Stax and we do not take your comments lightly. I welcome the chance to learn more from your experience and perspective. If you are comfortable sharing more about your experience, with me or with someone else at Stax, please contact us via info@stax.com. Mark Bremer, President, Stax Inc
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