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Gutted employee perks on top of already poor benefits

Engineer
Current Employee
Has worked at Relativity Space for 2 years
April 4, 2023
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

The few pros that they had have just been gutted, so... There's fancy techno music in the lobby, so you know you work for a cool company /s

Cons

Almost no retirement. Instead of matching, you get $500/year. This was kind of ok given other perks except they just announced that they're dropping the annual learning stipend from $2000 to $500 and the well-being subsidy has been cut in half.

I never thought I'd want more project manager involvement, but with the complete lack of organization of work and projects, working here has made me miss things like daily stand-ups and project updates. Everything exists in silos, and everybody wants THEIR projects prioritized without regard to the others.

I honestly can't tell if these are growing pains as the company grows and moves away from a start-up culture or if there's just a fundamental lack of concern with properly managing everything. Clearly they'd rather cut costs by taking things away from individual employees rather than question the fact that the way everything is managed is not at all streamlined and causes redundant work.

Advice to Management

Cutting costs needs to come from evaluating internal management practices and improving communications between teams, not from employee benefits. Either commit to agile methodologies or don't, but the inconsistency is not cutting it. If you keep punishing employees for poor management practices, you are going to see an even higher turnover rate than you have now.

Additional Ratings

Work/Life Balance
3.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
1.0
Compensation and Benefits
1.0
Senior Management
1.0

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