Stay away - Recensione dipendente - Manager presso Fastic

1,0
6 mag 2022
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

- Nice team (below C-levels) - New equipment when you start work

Svantaggi

- Bad payment - Bad leadership: C-levels' conduct does not match the values they claim to embody - Due to some terrible financial mismanagement the COO fired a bunch of people (mostly managers and leads, great talent too) on the spot via google hangout. No warning. People were cut off systems immediately - not even given time to say good bye to their team or exchange contacts. Laughable severance deal. - You're offered perks that seem attractive at first sight (shares) but offer no real value as they are revoked immediately upon termination. - The two managing directors are young men in their 20s, who made it big as they invented the product but are completely inexperienced and underperforming as leaders.

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Risposta di Fastic
3y
Thank you for your review. We value your honest feedback as it’s critical for us to guide improvements of the employee experience and can empower positive change. To ensure a more transparent, fair and competitive salary structure, we rolled out our very first salary model this year that objectively calculates salaries for all employees based on measurable criteria. This considers role, performance in relation to the role as well as the respective cost of living at the remote location. With this new model, we have implemented an important further step in our People Strategy. We will optimize this model over the next few years as our business evolves and continues to grow. In addition to the compensation model, we have established a regular 180 degree feedback process which sets clear parameters. We are in the planning phase of creating a 360 degree feedback process we can roll out next year. I would like to apologize for your experience during the restructuring process. We recognised there was a lot that needed to be improved in terms of the communications and the delivery of the communication here. Regardless of our learnings here, we have put the company on a solid financial foundation so that this type of situation does not have to happen again. We are excited about the future of Fastic and to continue to learn and evolve to the very best business we can be. On behalf of the Fastic team, I would like to thank you for your contribution to the Fastic vision. We wish you every success and only the best for your future career. Florian, CEO

Esplora altre recensioni su Fastic

1,0
12 mar 2026
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

- The people are quite nice, although they can't attract enough talent so decide to hire students.

Svantaggi

- No progression or job structure - Management don't have a clue how to scale - No responsibility for previous cycle failures, instead they fire 80% of staff instead of C level taking a step down

1,0
3 ott 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Very good collegues, great working flexibility

Svantaggi

- Management is quite racist - No feedback loop - can end the contract in the middle of the day without any prior warning or notice

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