Was a Great Place to Work, now just ok - Anonymous employee Daxko Employee Review

3.0
Mar 19, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Still provides great benefits Great coworkers Get to work with cool tech sometimes

Cons

Pay still sucks for most. Is literally being run by a used-car salesman and it shows. New focus is profits at all costs. We're a very profitable company but board has made greed a severe focus near the end of 2018 so company is making acquisitions without concern for the ability to sustain them.

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Daxko Response
7y
Thank you for taking the time to provide your feedback. We agree that our people are what makes us great; and that we have some cool tech! Our benefits package is second to none with unlimited Paid Time Off, casual work atmosphere, Free Lunch Fridays, etc Acquisitions are always challenging. But the facts are clear. Our employee turnover has actually declined. And we are hiring at a pace never before seen in the company’s history. Compensation is something we consistently evaluate with outside sources to ensure we can attract and retain the best people. We also offer unlimited earning potential with several bonus opportunities including: Referrals, spot bonuses, and merit bonuses, of which $35,000 was paid in Q1 alone . We’ve shared your feedback with Ron. He would love to speak with you one-on-one or in one of his regular fireside chat sessions with 12-15 people in each office. We highly recommend you attending the next one to share your concerns or discuss the latest trends in automotive retailing. We are proud of the continued growth at Daxko – which includes growth in revenue and profit. Profitability should always be a focus for any growing business – which benefits everyone from the board down to team members at every level in the organization. But as Ron often says, “The real assets go home at night. Daxko is first and foremost about great people.” The acquisitions Daxko has made over the past few years have been very successful, and we anticipate making more as we continue to grow. As we scale, we will continue to improve the process each time we make an acquisition. Growth and change can be uncomfortable, which is why we are currently doing training for all team members on change management, improved communication and workplace excellence. Again, we thank you for your review, and we hope to see you at the next feedback session.

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The benefits, PTO, hybrid schedule

Cons

Poor career pathing role out

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1.0
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Pros

Most people care a lot. And try to make the best of the miserable environment.

Cons

The culture is toxic from the top down. Leadership creates an environment of constant chaos, shifting priorities, and little accountability, leaving employees to absorb the consequences. Management by fear is accepted and, at times, seems to be embraced. The company continues acquiring businesses with little apparent planning for how those acquisitions will be integrated into the broader organization. Rather than building scalable processes first, existing teams are simply expected to absorb additional work while already operating at capacity. The result is an organization that constantly feels reactive instead of intentional. Every day becomes another exercise in putting out fires while being criticized for failing to anticipate priorities that were never clearly communicated. Leadership struggles to establish, communicate, and execute on a coherent strategy, making it difficult to accomplish meaningful work or feel successful. Long-term planning consistently takes a back seat to constantly changing priorities. Concerns about leadership and workplace culture are raised, yet the same patterns continue. Employees are left feeling unsupported, overextended, and increasingly burned out while leadership appears insulated from the impact of its decisions.

4
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