Great people, incompetent leadership - Software Developer Paystone Employee Review

1.0
12 Nov 2023
Recommend
CEO approval
Business outlook

Pros

The unlimited vacation policy is a nice perk but don't be fooled by it. Somehow Paystone has managed to attract or retain great people, some of the best I have ever had the pleasure to work with.

Cons

Most of the projects are empty or short-sighted. The leadership has no idea where they want to go or what to do with their existing products. Products from companies acquired years ago are still not integrated. The current economy has forced the leadership to wake up (a bit) and stop spending ridiculous amounts on useless stuff: they *shipped* 2 chocolate bars to everybody when we crossed the 200 employees threshold, or a popcorn machine for a "movie night", townhalls were "Doordash events", etc. The consequence? 2 series of layoffs in 2023, salaries are frozen for the foreseeable future, you name it... Their solution to pretty much everything now is to offshore anything they can. By the way, new employees are asked to post positive reviews on Glassdoor as part of their onboarding, trust them if you want..

Explore other reviews about Paystone

5.0
5 Jul 2023
Recommend
CEO approval
Business outlook

Pros

I recently went through the interview process with Paystone, everyone was very welcoming during the process and made everything clear in terms of next steps.

Cons

Nothing bad to say so far since joining the team

2
4.0
22 Mar 2025
Recommend
CEO approval
Business outlook

Pros

The people are great and they’re very flexible. Everyone is smart and talented.

Cons

It doesn’t feel like they know where they’re going with the product.

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