Nine Positive Reviews in 10 Days - IT Engineer Numoni Employee Review

1.0
25 Aug 2016
Recommend
CEO approval
Business outlook

Pros

Interesting enough that there were 9 positive reviews posted in 10 days (Aug 10 - Aug 20) so this led me to question the integrity and the credibility of those fake positive reviews. Be honest, and let the truths be told. It seems like the company is mobilizing its staffs to post positive reviews recently.

Cons

* No work life balance * High employee turnovers * Stressful working environment * Delay payments * No career path

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Numoni Response
9y
Yes. SInce there were former staff who posted some negative feedback, and because various people cared about the Company and reported this to the CEO. The CEO asked all staff to consider writing into this site so that a more balanced view is given. Just as someone has the right to say negative things, the Company that comprises many people who have their rice-bowls linked to the success of the Company has the right to ask its people to provide a more rounded view. The actual turnover rate of the company when computed is less than industry average for start-ups, but yes, it is higher than for large companies, for MNCs, and government. For staff wanting this information, you should approach HR to get the statistics from HR. This statistic is monitored closely by the CEO and is reported to the Board of Directors.

Explore other reviews about Numoni

1.0
25 Aug 2016
Recommend
CEO approval
Business outlook

Pros

The above three words summarised the company well being. This company is going in their 5th year of operations but no new products and kept calling themsleves a Strat-up, please grow up. The only product making money is a small business in Malaysia which they acquired last year, a few thousands Ringgits a month. Sad!

Cons

- Working hours 24/7 and 7 days a week - No benefits - Senior staffs were asked to take a four-month leave coz the company was not able to pay - High employee turnovers. 95%of the staffs have gone, and only 3 employees stay longer than 1 year because they need to get a Singapore PR - Employees work in fears because the culture here is "threatening", "abusive" and "humiliation"

15
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Numoni Response
9y
No senior staff was asked to take four month leave. Some senior staff who were paid to market (!) and to their previous salaries (!) were asked to reduce their package during a time where the company had to sort out fund raising, and only the very senior staff were included in this salary restraint exercise. Such an exercise is not uncommon in companies or in start-ups. In time, when the Company does well, these same staff would have been rewarded with Share Options. In anycase, all staff were paid up to current day, and only some remain on the salary restraint, which is a directive to help the Company under Fund Raising Constraints in a Fintech. The staff in KL were released under a specific directive. Globally, something like this is not unusual. We see it in all major banks worldwide in downturns where thousands are released. It is regretful that the staff who were released over this period did not understand the more macro issues. However, their emotions are perfectly understandable as are their perceptions which is from their standpoint. It is very unfortunate that the staff seemed to have fired off responses and not understand the underlying issues. Perhaps this is indicative of the age-group and experiences of the staff. In the time that the office was observed, all development staff left the office by 730 pm most days. The KL office had hardly been open on Saturdays and Sundays. The 24/7 is not possible therefore, and of all development teams in the company over the 5 years, the KL team were given many special privileges over the 1 year they were onboard. Perhaps it is a matter of expectations.
4.0
2 Jun 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Learn a lot of things very fast and across many disciplines. Also get to work in many cultures and understand many new people.

Cons

Have to work hard as the pace is very fast and if you dont catch up, you are left behind.

18
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Numoni Response
9y
Thank you for the feedback. We need more staff who are willing to climb higher and do more. All start-ups and Fintechs need these. Good luck with your endeavours.
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