Frustration Outweighs Everything Else - werkgeversreview Anonieme werknemer bij Yext

CEO, Diversity, Pay, Pay Discrepancies, Pay, Pay, CEO. Ahhh, Yext. Where does one begin. The Yext that I experienced when started 3-4 years ago has been completely gutted and abandoned. Yext is no longer a fun, cool, start-upy Tech company with amazing culture and benefits. Our culture has been gutted, as have the benefits. Right now is the lowest point I have ever seen Yext. Employees from the top/most prestigious teams are leaving in literal droves. The reason: pay. Yext does this thing. They love to give entry-level employees entry-level salaries with the promise of career opportunities. And they are right. There is a ton of opportunity for advancement. The problem? You never get salary equalized against external hires that come in to do the same role that you have advanced to. The situation plays out like this: Employee who has been at Yext for 3 years moves their way into a high paying position at a prestigious team. They are proud and excited. A month later, someone with more or less the same work experience, comes into that exact same role making 20k more than you. You are disadvantaged in personal wealth and salary accumulation for being a loyal employee. It is mind boggling. Let's talk about diversity. Actually, we don't need to talk about it. Just look at our Exec team or take a walk through our office. CEO, in an effort that was most likely an opportunity to just hear himself speak, committed to D & I efforts in the wake of social unrest this past summer. Literally nothing has changed. We hire from UVA, Duke, Princeton, and other Ivys. If you are white and come from consulting or finance, you are guaranteed a job. Even if you didn't pass your interviews, but are a referral of someone important, you will get the job. That is not an exaggeration. Our CEO loves to position himself with the big boys (google, FB, Salesforce, etc.). He likes to walk around in clothes that 99% of employees at the company can't afford, and post his Lamborghini to his Instagram. He is not a man of the people, let's just say. Yext is foregoing raises for the next 18 months, but we are still hiring like crazy in Sales, and of course, the darling UPWARD program is being hired for, and current UPWARD analysts are still getting raises. CEO changes his strategy and vision every week and those decisions negatively impact employees who end up doing all the work that said vision change requires. No one seems to care, and the fact that our strategy/vision changes every week signals desperation. In a nutshell: Yext provides good career opportunities, and you'll make incredible friendships. Just don't expect to get compensated for those career opportunities. Diversity here is a joke. Yext is like a bad relationship that for some reason you can't walk away from. ONWARD