High turnover, Poor benefits, Low morale, Overworked staff - Recensione dipendente - Dipendente anonimo presso First Advantage

-High employee turnover due to downsizing and overworking the remaining staff -Year over year revenue has decreased every year due to competition from new entrants in the market that are more nimble and tech savvy -Company has been trying to stem losses the past 5 years and has been downsizing every 6 months in an effort to cut costs -Constant management turnover in the C-suite and at the VP level, resulting in constantly shifting company priorities -Owned by private equity firm whose sole goal is to cut costs while building out the company's capabilities in an effort to turn the company around -Results in extremely under-resourced teams with overly-ambitious goals and highly-stressed out employees as a result -Poor benefits - no bonuses to non-management employees, 0-1% 401k match (depending on revenue that year), $4K/year health insurance costs due to low company subsidy, internet and other expenses are not reimbursed for remote work employees -Employees expected to work around-the-clock in order to collaborate with outsourced teams in Asia -No career advancement opportunities, no training opportunities, inexperienced management, no clear growth paths -Disconnect between new upper management hired to 'modernize' the business and lower-level employees working with an antiquated 20-year old infrastructure -Difficult to do business with the company due to old infrastructure, resulting in loss of multi-million dollar clients to competitors