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Used to be great

Software Engineer
Current Employee
Has worked at Wealthsimple for 4 years
January 24, 2023
Toronto, ON
3.0
Doesn't RecommendNeutral OutlookApproves of CEO
Pros
  • The people, truly some of the brightest, intelligent and empathetic people I've had the pleasure of working with
  • Great benefits, no waiting period, bonus wellness days attached on most statutory holidays
  • Strong focus on DEI, lots of resource groups for folks from different communities (parents, women, people of color, mental health, etc)
  • Truly remote first and intent on keeping it this way,
  • Executive team is transparent with how the company is doing, metrics are often shared and communicated with everyone and you feel brought along for the journey
  • Some really interesting problems that are unique to a company at this size and in this segment
Cons
  • The culture is very quickly going downhill. What was once a great place to work has seen multiple re-orgs, well respected leaders pushed out, unnecessary chaos
  • Pay isn't competitive at senior levels and beyond
  • Engineering org in particular has taken a dive in the last 6 - 12 months. There are still a lot of great people around, but there are a lot of great people who are on their way out the door
  • Not a lot of room for growth - the company is trying to be as cautious as possible but this has effects in individuals careers
  • if you're someone who thrives on growth and opportunities - this is not the place for you
  • Senior leadership in the engineering org is not what it used to be. Was once led by empathetic leaders, now is led by people who want you to ask how high when they tell you to jump.
  • Seems to be an exodus of non-male leaders in the engineering org which is disappointing

Additional Ratings

Work/Life Balance
3.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
2.0
Career Opportunities
2.0
Compensation and Benefits
4.0
Senior Management
2.0

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