Terarecon "low compensation" Reviews | Glassdoor.co.in

Terarecon Employee Reviews about "low compensation"

Updated Apr 7, 2019

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4.1
79%
Recommend to a Friend
90%
Approve of CEO
Terarecon CEO Jeffrey Sorenson (no image)
Jeffrey Sorenson
37 Ratings
Pros
  • "(in 5 reviews)

  • "Flexible small company with ad-hoc decissions(in 4 reviews)

Cons
  • "No career growth, management is extremely bad, low compensation(in 6 reviews)

  • "(in 4 reviews)

More Pros and Cons

Reviews about "low compensation"

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  1. Helpful (1)

    "Not too bad overall experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Engineer in Tokyo
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Terarecon full-time for more than 3 years

    Pros

    Good working experience at global company (4 different time zones) Good overall opportunity to learn industry. Depend on the team technology stack could be pretty modern, while some team stack with 10+years old legacy crap. Company size is small enough to have opportunity 1-to-1 with top management.

    Cons

    Low compensation with nearly no raise (less then 4% total raise in more than 4 years of employment). Sometimes management could quite despotic and won't listen their subordinates - it would be easier to leave than change decision imparting negatively your career. Fake 5-stars reviews by HR.

    Advice to Management

    Value your loyal employees, establish transparent career path for talents and help them grow within the company and not by accepting offers outside.

    Terarecon2019-04-07
  2. Helpful (5)

    "Good for those with very busy or hectic personal lives"

    StarStarStarStarStar
    Former Employee - Anonymous Employee 

    I worked at Terarecon full-time

    Pros

    No monitoring of schedule throughout the day so you can move about freely and tend to personal affairs as long as you meet your deadlines (for now since business is slow); great benefits at low cost (compared to other companies); very family oriented; HR tries hard to keep employees happy; private investors seem to have very, very, very deep pockets and just as much in patience which is why the company is still in... business; very good as a stepping-stone job.

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    Cons

    Low compensation - easier to access UFO spacecraft than a raise (at least from my own experience); hardly any new business; you will not learn any new skills valuable to your next job; obsolete technology (referring to technology that company was founded on); company almost 20 years old and still not public; no CFO or CEO to validate financials which questions company's commitment to go public as well as its... long-term viability; managers assigning employees to projects not meaningful to company value (perhaps try to keep up appearances that the department is busy and look like they are valuable to the company); exodus of good talent due to management conflicts and/or low pay. - keep in mind that managers mean well and are mostly good-nature people; problem is they are not good managers. - Other reviews bragging about having a window office or how great the ball is rolling in the company is does not really focus upon the true importance of the company: it's long-term viability and/or current financial performance. Warning: It is a good job but do not stay too long or you will become overly complacent with eroding work ethic. To establish a true career, you need to move on. Those who have been there too long will probably not understand what hard work really entails.

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    Advice to Management

    Look hard at the business model and the key people behind it regardless of whether you plan to stay in business or not - will be good exercise for your next job; recognize who the true leaders are as opposed to who are formally holding management titles (most were promoted/hired due to nepotism); truly understand that those with the real talent will not be there much longer and business performance will deteriorate... even more when they leave - and the only ones who stay will be the ones who either cannot find a job elsewhere or just riding the gravy train which may come to a grinding halt very soon.

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    Terarecon2016-04-03
  3. Helpful (8)

    "Stunted career path"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Terarecon

    Pros

    - I cannot think of any Pros

    Cons

    - Poor operations - Ownership issues - Low compensation

    Advice to Management

    Value the existing employees and evaluate the new management staff better

    Terarecon2015-08-07
  4. Helpful (8)

    "Not a good journey. If you have any other offer, never accept this one."

    StarStarStarStarStar
     

    I worked at Terarecon

    Pros

    No. There is almost nothing.

    Cons

    No career growth, management is extremely bad, low compensation. They do not care employee at all. Not recommend

    Terarecon2015-02-07
Found 4 reviews