Data-Driven=Micromanage - Anonymous employee PEAK6 Employee Review

1.0
Aug 10, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good Salary, cool snacks, unique office space

Cons

Beware- "data-driven" = Micromanage. Revolving door at manager level. Arbitrarily appoint people management positions because of company tenure, NOT based on skill or background, creating an uneasy atmosphere of more jr. people managing more qualified employees. Terrible tech bottleneck, no clear technical direction, developers are always pissed their work gets scrapped on a whim when a partner changes their mind. Arrogantly/foolishly have a 6 month non-compete because, according to the tech leader, "our environment is so proprietary that after 6 months no one will be able to hurt us." Multiple failed ventures (Cardbucks, Bottlenotes, Achievement Asset Management) that pull employees out of their team and leaves the rest of the team to fill the gap and do the extra work. If you didn't start with them a while back or you're not connected to a major player there, you don't have a long future here.

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PEAK6 Response
9y
I’m genuinely sorry to hear that you had such a negative experience at PEAK6. It’s especially discouraging to hear that you feel you were micromanaged and that we weren’t thoughtful around providing transparency behind staffing decisions. As an entrepreneurial firm, we are continually seeking new ideas and investment opportunities to diversify our businesses. It’s very much a part of our plan and our goal is that these new businesses can serve as opportunities for employees to expand their responsibilities and get exposure to new learning. Sorry to hear that this wasn’t your perception of how things go at PEAK6. We certainly want to see employees thrive, grow and develop and be happy when they come to work. In our experience, successful employees at PEAK6 tend to be proactive, ambitious and accountable, and openly communicate — especially when they encounter issues. If you have time, I would greatly appreciate hearing your thoughts on how we can improve and any actions you feel we should take to improve our culture. Feel free to email me at any time at rpratt@peak6.com. Thanks, Ryan Pratt

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Cons

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