Patronising rhetoric - Client Services Nutmeg Employee Review

1.0
21 Feb 2021
Recommend
CEO approval
Business outlook

Pros

I get to turn my laptop off at 5:30pm and forget the job exists for the evening.

Cons

The company is desperately understaffed as a result of mass redundancies over the course of the past 12-18 months. It is also growing extremely quickly. The result? Departments that are unable to keep their head above water and employees drowning under the workload. This in itself is bad enough but I felt downright insulted by the CEO's recent comments that this was 'tough but a good kind of tough' because we were helping people invest. I ran this through my corporate nonsense translator and instead of 'tough but a good kind of tough because we are helping people invest' I got back 'tough but a good kind of tough because we are making our shareholders happy'. You will have to excuse me if I don't think drowning under my workload and feeling perpetually stressed out during working hours (which is very much a 'past 6-12 months development') is a 'good kind of tough'. When I next speak to my GP I will tell him that I am 'utterly stressed out at work but the good kind of stressed'. You will also have to excuse me for perhaps not thinking that an annual pay raise that barely exceeds inflation is adequate recompense for enduring 'a good kind of tough'. No doubt Nutmeg employees will soon reap the rewards for being true heroes, enduring unmanageable workloads just so we can help people to invest in an identikit ETF product. The rewards will trickle down sometime soon, I'm sure. One thing to bear in mind if you are thinking of joining client services: you are joining a run-of-the-mill call centre at this point where you will be essentially chained to your desk and pressured into wrapping calls up as quickly as possible while also being berated when you don't do enough to follow-up on issues raised. Truly Schrödinger's call centre.

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Nutmeg Response
5y
Hi, thank you for taking the time to leave a review of Nutmeg. We appreciate all feedback we receive. We’re sorry to hear your views about the last 12 – 18 months. From an employer perspective we actively encourage people not to work long hours and encourage our team to take frequent breaks throughout the day. This is reiterated by management, including our CEO at the all hands company meeting which takes place every Friday. I also wanted to address the specific CEO comments you mentioned. Neil wanted to praise everyone’s hard work and furthermore to stress that he understands that certain business areas are feeling the pressure due to significant growth. We are rectifying this by hiring additional staff for the client services division as well as providing support where we can from across the business. Due to the nature of the current pandemic, it was difficult to foresee the massive growth that Nutmeg is going through. If you wish to discuss anything further, please do reach out to the People and Talent Team. It would be good to speak to you in detail to resolve any further concerns you have moving forward.

Explore other reviews about Nutmeg

5.0
1 Apr 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

good, helpful, interactive, wonderful, brand

Cons

non and non and non

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Nutmeg Response
7y
Thanks for taking the time to write the review. You have outlined some great positives. We agree! Glad you are enjoying working for Nutmeg.
5.0
17 Feb 2016
Recommend
CEO approval
Business outlook

Pros

Great environment, great work/life balance

Cons

Benefits and Pay could be better

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Nutmeg Response
10y
Thanks for leaving your feedback. Great to hear you're happy with the environment and feel you have a good work life balance. As we continue to grow we aim to improve and add to our benefits. Watch this space. thanks
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