Major Perks, Major Pitfalls - Anonymous employee Audax Group Employee Review

Good culture, hardworking and motivated team

Can sometimes be tough to balance work given velocity of deals

nothing special. typical PE perks: occasional fancy dinners, catered lunches, expense stuff, good health plan, etc.

culture is pretty toxic - management pretends things are great and sugarcoats everything, junior employees have low morale - salary not competitive at all. terrible 401k match. taboo to talk about coinvest. no salary transparency or progression path - terrible culture of being available/visible. i've spent entire days with no work, sitting in the office just waiting to go home - very top heavy. tons of MDs and too many opinions. managment can't change because they can't decide on anything. - hours aren't bad but toxic culture makes you stay late. sometimes i save work for later so i have a reason to stay late and look busy - very much a gossip culture. lots of talking about people behind their backs - constant probing for upward feedback from management but nothing ever changes - management appeases junior employees with occasional dinners and parties, gets old after the first three. Partners don't show up at events, and MDs leave as fast as possible - catered lunches sound nice but are unhealthy slop, office snacks are all unhealthy. it's like a 7th grader is ordering the food - office has little color and bright hospital lighting. drives you crazy after a few hours