PEX Reviews

4.5

95% would recommend to a friend

(27 total reviews)

Toffer Grant

100% approve of CEO

82% positive business outlook

PEX has an employee rating of 4.5 out of 5 stars, based on 27 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The PEX employee rating is 21% above average for employers within the Finance industry (3.7 stars).

Reviews by job title

27 reviews
3.0
18 Oct 2018

PEX - Pros and Cons

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

In my brief time working for PEX there was a lot of good and some bad. The people in my department (Sales) were amazing to work with on a daily basis. As a company, lunch was provided once a week on Thursday which gave everyone a chance to mingle with other departments. It gave you insight and perspective of things going on internally for the service. The bi-monthly happy hours were a lot of fun and gave us a chance to learn about our colleagues on a personal level. The service we sold was great but could use better features that were requested by sales repeatedly to get built. My VP of sales was one of the best I've had, and is a true leader. He was approachable, coached me when I needed it, and made the day to day exciting to be at PEX. He truly believed in the sales team and fought for us to succeed.

Cons

Our teams success was stunted, however, by the company’s CGO. The CGO fails to make quick decisions that turn into a drawn-out process to where deadlines are missed for producing client requested information. It also became very evident, not to pay attention to general product deadlines provided because they were just going to be pushed out with no real consequences, it becomes uncomfortable making empty promises on a daily basis when there such a lack of accountability in other departments that continue to push out deadlines or ignore them all together . Then there were pay cuts that resulted in decreased team morale. Still the CGO increased sales quotas and KPIs to truly arguably unattainable levels, while handcuffing the commission structure. If PEX wants to survive they need to replace the CGO or devise an ACTUAL plan for attainable growth via committee. PEX also failed to hire from within for major managerial roles outside of sales. For those stepping into those roles, they are far behind the learning curve and tend to have no leadership ability which resulted in the sales process slowing down. I do want to also point out that I visited the HR office on numerous occasions only to be turned away. This led to extreme frustration. Overall the company has a lot of potential but the lack of leadership and action outside of the sales department was very concerning which ultimately led to me leaving PEX. This is certainly not a personal grudge, just an honest opinion regarding the future success of the company and I want people to understand the thought and time put into this review as well as the effort put forth on a daily basis during my time with PEX.

avatar
PEX Response
7y
Thank you for taking the time to provide your feedback. We value any and all comments because it helps us understand how to learn and be a better organization. We communicate and urge PEXers to take advantage of our open door policy at all levels of the company to communicate with HR and all members of the executive team. It is encouraging when that happens so we can continue to improve the experiences our team members have at PEX. Regrettably the concerns written in this review were not communicated during employment. Had they been, the management team would have taken them seriously and would have worked to understand all the details in an objective two-way dialog. We are always working on improving our company culture. However it is difficult for us to know what is being felt or experienced if issues are not voiced. Additionally, PEX employees have never experienced pay cuts as we always provide competitive compensation that is complemented with comprehensive benefits. In this case, it appears you had a bad experience - for that we apologize. It is a rare case and we wish nothing but the best in your future endeavors.
2.0
9 Dec 2015

Good for the right type

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

People are friendly. You can generally get off if something comes up with your family. If you are a yes man to management, you can be employed there for a long time.

Cons

Nepotism is rampant. People are hired for who they know and not what they can contribute to the company. Promotions are about how friendly you are to upper management. You are not encouraged to have an opinion and try to improve the company.

avatar
PEX Response
8y
We appreciate all feedback from current and previous employees. PEX is proud to have a culture that balances our business goals as well as our employees' personal lives. We’ve hired over 30 employees since 2015, from a range of sources including employee referrals, postings, schools, professional associations and job boards. Regardless of how people hear about PEX jobs, all candidates go through an interview process that includes meeting several employees, usually several team members from the department in which the job is open. Our job standards are defined in job descriptions, company and personal goals and in performance reviews and discussed on a regular basis. Through weekly all-hands meetings, employee surveys and continuous staff training, our goal is to create clear career paths and enhance the skill sets of our team.
5.0
24 Feb 2016

Exciting-Growing Company

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Working/Selling a great product with great people

Cons

Slow elevator (located on the 21st floor)

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PEX Response
8y
Thanks for your feedback. We’re extremely proud of our product and great staff. We agree that the three main elevators aren't the quickest, but we are located in a great area of Manhattan, which is a plus.
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Glassdoor has 30 PEX reviews submitted anonymously by PEX employees. Read employee reviews and ratings on Glassdoor to decide if PEX is right for you.