Just want to see how y’all are falling about it. Simply curious. TC: $150k
@robbin there’s a paywall for business insider now? damn
A lot of our peeps are unhappy. We've had historical issues with pay equity and an unbalanced rewards structure, and so far the payouts have doubled down on those issues. Culturally, intuit doesn't feel like a great fit with us and the sense I get is that most feel we'll lose our unique company culture in under a year. We also had a "culture reset" to focus on some of our issues this year, and that has felt like lip service, which eroded a lot of trust going into this process. Probably the lowest I've seen morale here in my eight years.
You should see our Blind. Vast majority of people are upset about the transaction bonuses. IC’s and managers are upset. Morale is at an all time low. From my perspective I think people are mixed on how they feel about Intuit. I think we’re more upset by our own leadership and the issues they’ve caused and have failed to address, and now the people who’ve done least of the work and caused most of the problems are benefitting from this acquisition. I think a lot of people with long tenure and knowledge will end up leaving. It’s all a damn shame.
It’s a shit show right now. Shitty transaction bonuses (salary * years tenure * 0.12), a lot of people lost 401k profit sharing dollars due to poor planning on finance’s part, scrambling to figure out how to not lose parental time off and floating holidays right as they freeze workday. I have no idea what the Intuit offer letter looks like until Monday but everything so far has been a train wreck so my expectations are low.
And we have new masters that lobby to keep taxes complicated so they can sell more software. It’s really going great
Oh and they also said that Intuit was committed to not negatively impacting our total compensation but based off a compensation info meeting this week, that turned out to be false because there’s a number of things we’re losing that they confirmed they aren’t factoring into the total compensation going forward.
Wow can you give any examples??
Sure! We get a WFH stipend and a cellphone stipend to cover expenses like internet or anything else we’d need for our home office. Mailchimp also covered our insurance premiums. All these things contributed to our total compensation and they are no longer being factored in.
I guess you could say we’re…not into it? Ha ha ha *cries*
Question to mailchimps. Why on Earth would you join a company that offers no equity and exit plan?
Newer addition to mailchimp here: Much higher salary than most of Atlanta’s tech scene, good work life balance. Acquisition was never on my mind when applying
Makes sense. Thanks
@starprod what do intuiters think of the acquisition?
🍿 probably
Would love to know what the chatter is on Intuit blind.
Shit bonus payout, and intuit is already fucking me on pay go figure.
Also losing pto, shitty spot bonus policy, losing multiple stipends. If you're not providing a cellphone stipend for my oncall shit why should I respond to pages? Looking forward to the complete garbage of an offer they'll shill to me.
I swore they provided a phone?
Mailchimp has two most greedy co-founders, I have ever seen. So fking greedy even with 5 Billion $ in pockets.
Are you from Mailchimp? 😅
Care to enlighten us all?