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Tremendous opportunity and growth potential

Director of Engineering
Current Employee
Has worked at Wayfair for 2 years
December 15, 2017
Boston, Massachusetts
5.0
RecommendsPositive OutlookApproves of CEO
Pros

Wayfair is one of the few companies in the world at a significant scale (~$6.5B market cap) experiencing tremendous growth (~40% in Q3 2017).

This creates a ton of opportunity for people who are smart and eager to grow.

We also have teams working on interesting and difficult problems across the business, including a large team that is focused on reimagining large parcel delivery. Wayfair has the chance to become the best in the world at shipping big, heavy, fragile products, and will completely change how people shop for furniture in the process.

It still feels like Wayfair is in the early stages of capturing the market opportunity in front of it, and it is extremely exciting to be a part of that.

The senior leadership at the company is very strong overall, and I have a high degree of confidence in the direction of all of our teams.

Cons

Base compensation is lower than some key competitors for talent, but all-in comp with bonus + equity is strong. We don't always communicate this very well, which hurts the business.

The rapid growth creates some painful situations. People changing managers three or more times in six months, many folks reporting to first-time managers, frequent re-orgs, etc. I don't mind this, and I've learned to roll with the punches, but if you are someone who hates change, you will not be happy at Wayfair.

Broadly speaking, benefits are worse than places like Facebook, Google, HubSpot, etc. Wayfair is a frugal company, and you won't find free lunch, massages, or daycare here. That said, this enables us to reinvest in the business and continue to grow, which over time will make your equity valuable enough to more than make up for the inferior benefits.

Advice to Management

Move bonus into base salary. Increase paternity leave and some other key benefits that people really care about.

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