Vantaggi
- Effort is put into maintaining a friendly office culture through regular company outings, flex vacation policy, weekly catered lunches, dogs in office etc.
Svantaggi
- Betterment has found it difficult to become a product-driven company. Most of the companies of Betterment's size are able to accelerate growth by letting employees step back and understand how to best make a product that increases user happiness, generates revenue, and ships. At Betterment, this is not the case where short-term gains such as PR buzz are prioritized over long-term growth. - Betterment has no culture of making data-driven decisions. The analytics team is completely non-existent and efforts to build some sort of analytics support has not worked for years. - Absence of product guidance and data-driven decision making has led to a number of incapable senior leaders get sign-off on ideas that have been made on hunch. These ideas then end up falling flat resulting in poor company growth. - There is no clarity about the future direction of the company. Senior leadership has seen churn lately. CEO has his heart in the right place but has surrounded himself by clueless "leaders". - Betterment claims to provide a compensation at or above market. However, compensation is much below the market. - Given these cons, Betterment has not seen much growth lately, missing its targets in last couple of years. If you are looking for a fast growing company to work for, Betterment is definitely not it.