Pros
-100% paid for medical, dental, vision, and 401k matching
Cons
-Absolutely everything else -Remote inflexibility to the point of pushing leaders to push their teams to come back into the office. -Flexible PTO is not real. You can only take time off at the liberty of your manager. Flexible time off does not mean flexible time off. Flexible time off means whatever mood your department head is in, is what you will get to take off. -Private “equity” grants are comical in nature. Even after 4 years you are barely cashing out a few hundred dollars while the executives of the company are continually promised 100% of their salary as bonuses and if people do not like that model of operating, they are told by the top executive to leave. The equity is a big joke. It is valued between 3 to 5 cents and is somehow used to lure tech candidates into working at Prosper. -Executive team is filled with virtue signalers, and no one who really wants to take action on D&I. -At the start of COVID-19 everyone who made over $100,000 annually was forced to take a pay cut. Everyone except the CEO took a pay cut. He only took a pay cut several months later. -In providing feedback to people, they cite personality as an issue with internal hires which is extremely problematic. -Diversity and Inclusion is not existent and not important to Prosper. The top executive (CEO) is scared to say the word “Black” he refuses to use that word because he has no socio-political awareness of the term. -The credit card is Prosper’s new product. The CEO said that they are making the card “inclusive” as they are targeting the card towards underrepresented minorities to help them build their credit. But is this not just a loop to get minorities in debt then borrow money from Prosper to pay it off? -Prosper does not value the physical health of their employees. There were innumerable times where employees came in sick, with massive health issues, knowing they had viral illnesses, or were dealing with family deaths and they were required to still come into the office because remote work was not okay. -Fitness reimbursements were taken away and there is no foresight into it coming back. Again, not caring about physical wellbeing of employees. -The only reason Prosper is flexible to remote work is because they had to be. They had absolutely zero intentions of going remote, and they still want employees back in the office. Execs have insinuated that he did not trust them enough to work-from-home. So that should be telling into the remote work culture. -Employees, especially in Operations and HR, are expected to be “online” on Slack during “business hours” even if they are salaried. Prosper does NOT trust their employees to get work done without babysitting. -When Prosper used to be in the office pre-pandemic, the C-suite in charge of HR would come in around 11:00 AM but the rest of the SALARIED HR Team was expected to be in by 9 am, even though exempt employees do not follow a working schedule. -Language was used saying that recruiting hired an “African-American” person and were doing well on hiring diversely. That is extremely inappropriate and reduces human life to a checkbox. This kind of rhetoric is extremely anti-DEI, as is Prosper. -This all needs to be said for Prosper to move forward as a company.
