Vantaggi
Market-leading brands: some of the best events in various sectors. Talented colleagues: people work very hard despite poor senior leadership.
Svantaggi
Where to begin? It’s interesting to see the very common issues in many Hyve reviews on here. The senior leadership is appalling. They are disconnected from the majority of the teams that work for them (and do the REAL work to pull in the success and revenue which pays Event Director and C-suite bonuses). Employee wellbeing: behind the shiny veneer you see on Hyve’s website, they are ruthless and entirely profit-driven at the expense of employees health and job satisfaction. They artificially extend probationary periods to use the threat of termination as a motivator. Their retention rate is terrible because employees are so unhappy, they breed a negative hiring & firing culture. Management and improvement: they pretend to listen to under-resourced and over-worked teams and then fail to act on feedback. Many good people were let go during the pandemic and those roles were not hired post-pandemic as the attitude set by senior leadership is to work people to exhaustion by saving money in salaries. Except of course the salaries and bonuses of the senior leadership team. They tread on employment law with unrealistic work demands and then terminate employees who push back. It’s a completely toxic approach which has now become exposed openly in event industry circles. There have been a number of cases in recent years where legal action has been taken by Hyve employees against the company for violating employment law. All this is a great shame as the brands themselves are excellent and the teams do a fantastic job to ensure events run very well and professionally onsite. It’s just a shame that Hyve do not reward this with competitive salaries and career development opportunities for the majority of its loyal employees. The 2023 takeover by private equity owners has simply made the existing problems worse. It has created a profit-over-people monster which will end up harming Hyve Group financially.