Betterment Reviews

- There have been lots of firings in general, but particularly in the marketing department there is a lot of turnover (people choosing to leave). - Extreme lack of diversity despite efforts from the recruiting team - Lack of organization around changing products/marketing tactics. There are a lot of "top down" mandates that have to be prioritized without taking into account previous strategy or team goals. - Almost every team is severely understaffed. This makes our work as a marketing team difficult. - Don't interview for Betterment for Business. Just don't do it. That team is run to the ground with work and managers care more about keeping the department financially afloat than they do about their clients. - Getting ahead here is all about visibility. - Data driven organization with few data resources. The Analytics team is unhelpful. - Company culture has suffered over the past year. Rapid growth and moving to a new office has made this company feel less like a family than in previous years.

- 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.