Refyne Reviews

4.1

86% would recommend to a friend

(92 total reviews)
avatar

Chitresh Sharma and Apoorv Kumar

85% approve of CEO

84% positive business outlook

Refyne has an employee rating of 4.1 out of 5 stars, based on 92 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Refyne employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

92 reviews
1.0
4 May 2023
Recommend
CEO approval
Business outlook

Pros

You will start valuing your mental peace and self esteem much more after joining Refyne.

Cons

1) Toxic work culture 2) Unlimited/Ad-hoc/Random long lectures/speeches by CEO 3) Recent overnight layoffs was an example how insensitive they can be towards their employees 4) Bunch of old timers from Betterplace/HDFC life runs the show with their old colleagues from Betterplace/HDFC life holding key positions in their respective teams. 5) Scalability of underlying business in India seems a big challenge. 5) Zero visibility on organization's goal/vision, Every logical question asked in town hall is addressed with a motivational quote or diverted answer (Ask anything direct and you will regret it) 6) CEO/CMO keep talking abt two teams in Refyne one with us, one against us (Why so much hindi serial Drama) if you know some people have issues with your way of functioning, why can't you reach out to them directly?

1.0
5 Jun 2023
Recommend
CEO approval
Business outlook

Pros

This company has no pros

Cons

Working at Refyne has been an utterly disappointing and demoralizing experience. From day one, it became apparent that the company's management had serious flaws, resulting in a toxic and unhealthy work environment. I feel compelled to share my negative experience with potential job seekers, as this is an organization you should definitely avoid. First and foremost, the CEO's insecurity permeates throughout the entire company. It's evident that the CEO is more focused on protecting their own image and status than fostering a supportive and collaborative work culture. This creates an atmosphere of fear and uncertainty, where employees are constantly walking on eggshells, afraid to express their opinions or challenge the status quo. Furthermore, the treatment of employees is incredibly unfair. There is a clear distinction between the favored "bootlickers" and those who dare to question the flawed decisions and policies. It's disheartening to witness how those who simply agree with the higher-ups, regardless of competence, are rewarded and protected, while talented and hardworking individuals are marginalized or even pushed out. The management at Refyne is shockingly immature and lacks the necessary skills to lead effectively. Decisions are made without proper consideration for the impact on employees or the long-term success of the company. Rather than fostering a professional and inclusive work environment, they engage in petty politics, favoritism, and encourage a toxic gossip culture. It's truly disheartening to see grown adults behave like high school cliques, undermining trust and collaboration. Empathy is nonexistent within the company. Whether it's personal issues or work-related challenges, employees are treated with callous disregard. There is a pervasive sense that the management views employees as mere pawns to be exploited for their own gain, rather than as valued contributors to the company's success. The lack of empathy creates a deeply demoralizing atmosphere that takes a toll on the mental and emotional well-being of the employees. Moreover, the credit-hungry CXOs are more interested in promoting their own agendas than recognizing the hard work and achievements of their teams. They are quick to take credit for others' efforts while leaving their subordinates feeling undervalued and unappreciated. This credit-stealing behavior further erodes trust and creates a hostile work environment. The high politics and toxic workplace culture are overwhelming. Instead of focusing on collaboration and teamwork, employees are constantly engaged in internal power struggles and maneuvering. This atmosphere stifles innovation and creativity, as people are more concerned with protecting their own positions rather than working together for the greater good. Work-life balance is nothing but a myth at Refyne. The excessive workload and unrealistic expectations make it nearly impossible to have a personal life outside of work. Employees are constantly expected to work long hours, sacrifice their weekends, and respond to emails at all hours. The company's disregard for work-life balance leads to burnout and negatively impacts employees' overall well-being. To add insult to injury, the promised bonuses are never paid. Despite the hard work and achievements, the company conveniently finds excuses to withhold or delay bonus payments. This is a clear betrayal of the trust employees place in the company and adds insult to the already frustrating experience of working in such a toxic environment. In conclusion, I strongly advise against considering employment at Refyne. The insecure CEO, unfair treatment, bootlicker culture, immature management, lack of empathy, credit-hungry CXOs, high politics, gossip culture, toxic workplace, absence of work-life balance, and failure to pay promised bonuses create an environment that is detrimental to both professional and personal growth. Spare yourself the misery and seek opportunities elsewhere where your talents will be appreciated and respected.

1.0
18 May 2023
Recommend
CEO approval
Business outlook

Pros

They'll give you a good pay package.

Cons

The work culture at Refyne is toxic. Unnecessary politics and gossip, too much interference and constant demotivation and humiliation from the senior management, and an absolutely spineless HR team that can only parrot “company values”. There's zero work-life balance. People work 12-14 hours every day, plus 5-6 hours on Saturdays and Sundays, and still, the demands of the management cannot be met. And while everyone’s already overburdened and have no time to complete the existing work, the management will come up with new things to “try” almost every hour. “Ad-hoc work” is such an abused phrase in Refyne that the employees nowadays don’t even bother to waste time complaining about it! There’s no recognition of the fact that so many people sacrifice their personal time for the company, especially in the design and marketing teams. Those who routinely overwork just to deliver the mountain of work dumped on them every day don’t even get a look of sympathy. Ironically, they have a culture of “shoutouts” where the most applauded “value” is “Call of Duty”. And who are these Param Vir Chakra awardees? Anyone who pulled an all-nighter to find a solution to a problem, or worked while they were sick and couldn’t even get up from bed, or worked overtime every day for a quarter to deliver a product at the obnoxiously impossible timeline set by their manager, etc, etc. The management will ask you to share your problems so they can find solutions, but the moment a problem is presented, they'll turn it around as your fault. For example, if you say your team is overworked and need another resource, they'll say you are a bad manager and that the team is just bad at time management. The company is growing at a decent pace. But like all startups, they want to grow exponentially. Therefore, all targets are at impossible levels of 5x to 8x increase over the previous year, previous quarter, previous month, week, day, hour. The CEO's dream is to become profitable this year. And how dare the employees not make his dream their dream too! The CxOs are SO possessive about the company, that if they hear anyone complain about anything related to work, instead of constructive solutioning and an introspection of whether something is intrinsically wrong with the system, they hold town halls and tell people to 'go to hell if you think Refyne is a bad place to work; we don't need naysayers like you’. They don’t want any employee who is just doing their job well; they only want employees who can also become invested in the company, its services, and its CxOs. In the marketing team, they also have a habit of duping candidates by creating JDs that have no relation to the actual work on the ground. They’ll hire someone for a particular role and once they’re on board, any work lying around that no one else has the bandwidth to take up will get dumped on them. There are a lot of committed and hard-working people in Refyne. Sadly, most of these youngsters fall for the wrong belief that they have to overwork in order to achieve something. These become the CxO’s favourites, and are applauded as “the embodiments of the Refyne culture”. Refyne is no place for the average employee who just wants to do their best and then go home and get some quality time with the family or themselves and a peaceful night’s sleep. Oh, and interestingly, people are asked to moonlight with Refyne once they’ve cleared the interview, while they’re serving notice at their previous company. If you refuse, they’ll nag you so much that many eventually give in! So now you know why Refyne pays well—They are not hiring you, they are buying you into slavery.

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Glassdoor has 100 Refyne reviews submitted anonymously by Refyne employees. Read employee reviews and ratings on Glassdoor to decide if Refyne is right for you.