Nice colleagues and interesting projects, but low and misleading pay - Senior Software Engineer SEP Employee Review

1.0
9 May 2026
Recommend
CEO approval
Business outlook

Pros

People tend to be nice and care about the work. Projects can be interesting.

Cons

Well below average pay for software. Mandatory in office 5 days a week. Constant turnover, the company seems to quite effectively make ambitious people leave. Company has been around over 30 years yet can't grow past 200 employees. For a company that's been through the tech boom to still be so small, you know it must be poorly managed. Was told to expect 10%-20% of compensation to be in ESOP shares, received 5% instead. Previous to this year, it was at or above 20% for 7 consecutive years. Now that there aren't many shares in circulation, newcomers will receive very few shares while pumping the bags of those who already have them (share price up 24% this year).

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SEP Response
2d
Thank you for sharing your feedback! We recognize that people define company success in different ways. We've taken an intentionally paced approach to growth for 38 years, prioritizing long-term sustainability over rapid growth. That's a choice we stand behind. On the ESOP, the mechanics and assumptions you shared don't accurately represent what our employees have or will receive, and we want to make sure that's clear. Employee ownership is one of the things that makes SEP different, and we want people to understand it well. Our annual ESOP meeting, open forums with the CEO, and quarterly financial updates exist for exactly that reason. If you have questions about your benefit, we'd love to talk to you directly.

Explore other reviews about SEP

5.0
15 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great place to work. The leadership does care for their employees. The employees of the company are the reason why this organization is worth working for.

Cons

Title growth is slow. Sometimes resources to perform work can feel out of reach.

5.0
29 Dec 2025
Recommend
CEO approval
Business outlook

Pros

Managers actively try to make it the best place to work. The ESOP adds up fast. We almost never work overtime. I have great coworkers.

Cons

Wfh is a constant awkward conversation. We're not supposed to do it but there are practical reasons that make it necessary some times.

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