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Stem Disintermedia

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Stem Disintermedia reviews

3.6

63% would recommend to a friend

(38 total reviews)
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Milana Rabkin Lewis

60% approve of CEO

56% positive business outlook

Stem Disintermedia has an employee rating of 3.6 out of 5 stars, based on 38 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Stem Disintermedia employee rating is in line with the average (within 1 standard deviation) for employers within the Media & Communication industry (3.7 stars).

Reviews by job title

38 reviews
1.0
Apr 15, 2022
Recommend
CEO approval
Business Outlook

Pros

Getting to experience the over hyped visions made famous by the people above.

Cons

This is not a technology company. The financial tools they offer can be created in Google Docs or Excel. The vision is over hyped and if they receive any funding to continue it will be because of inexperienced investors. No one should put money into a business without understanding it. Doing 100s of blood tests on a single drop of blood? Sound ridiculous right, it's also ridiculous to assume they're helping artists create a business when they're just adding another cog in the system to suck money away from them.

1.0
Mar 3, 2022

Toxic environment for employees of color

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are cool perks that come with working at a music company like Stem. You get to go to shows to support the artists whose music you're distributing, you get to listen to incoming music before it's released, and you get to hang out with some cool people who are employed at the company.

Cons

If you are a person of color, expect regular racial trauma and expect it to hurt just a little more than usual because it's caused by a company that is both actively profiting off the work of artists of color and actively promoting itself as a progressive, feminist, anti-racist company. Expect your white colleagues to get credit for your work. Expect your white colleagues to be fast tracked to promotions and raises while you get told to work harder and to have a better attitude. Expect leadership to make promises about career prospects and paths to promotions only to first backtrack on those promises and then attempt to gaslight you into thinking they never made the promises in the first place. Expect the subtext in between the well-crafted, HR friendly lines communicated to you when you air concerns about your wages or your career path to be "What are you gonna do? Quit!?" with the smug implication being that they don't think you have what it takes to get a better job. If you set these expectations and the job you're considering taking still sounds too good to pass up, I would still advise you to avoid this company because it definitely is too good to be true. I would not wish employment at this company and especially under its C-suite upon anyone. If you're not a person of color, there's a chance that you have a path forward at this company; however, I think the exec team is happy to take any work you do beyond the scope of your role and pay you an entry level salary for it while promising a promotion will come "eventually". If you are willing to give them free or cheap labor, they aren't likely to say no and are likely to milk it for as long as you let them. I would skewer the product itself but there are already other reviews on here that do an excellent job of that so I don't feel the need to beat a dead horse (funny enough, a dead horse might be a better fintech product than the one Stem is building). The leadership team pushes this idea that they are mission driven and that the company's mission is based on some set of ethics regarding ownership and equity for independent artists. They plaster that message all over social media and Billboard/Rolling Stone and name drop their DEI committees as evidence that they're a great place to work. They say that they're in the creative space to empower artists to build successful careers but I can't help but feel that they're mostly in it for either the money, the cool people with whom they get to play golf and drink nice wine, or both.

1.0
Feb 9, 2022
Recommend
CEO approval
Business Outlook

Pros

You get to listen to music.

Cons

Over the last several years, this has become a very negative place to work. HR needs to open their eyes and quit protecting the corrupt. Higher ups openly talk down to and degrade employees in front of rest of team/floor, play favorites and hold people back. People are made to feel like they are of no value. There is no longer any respect for employees at all levels and nothing is being done about it. Complaints are swept under the rug and those responsible for taking action are turning a blind eye, allowing the poor management and treatment to continue. Inept management, toxic culture, low pay, continual layoffs, no clear company strategy, top heavy, low morale. Do not expect to succeed at this company with your own merits. There are no performance reviews. There are no such things as salary increases. The company doesn't care if you do a good job, good job mediocre job you still get paid the same. Most people left have no motivation to put in 100%, when they are clearly being paid at a 60% rate. There are very inept people that the company retains, and very qualified people the company pushes out (to fuel execs' own agenda and survival). HR is a joke.

Viewing 25 - 27 of 38 Reviews

Glassdoor has 40 Stem Disintermedia reviews submitted anonymously by Stem Disintermedia employees. Read employee reviews and ratings on Glassdoor to decide if Stem Disintermedia is right for you.