Wayfair reviews

3.1

38% would recommend to a friend

(1,697 total reviews)
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Niraj Shah

29% approve of CEO

27% positive business outlook

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2K reviews

Reviews about "Compensation"

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1.0
Aug 14, 2012
Recommend
CEO approval
Business Outlook

Pros

Used to be a great place to meet other young recent graduates in the city. They used to have hiring standards like having a college degree - not anymore.

Cons

If you are looking for a sales job, the compensation is well below (base + bonus) most over companies in Boston. Bonus is still at managers/ upper managements discretion, they are known to not give a bonus. Lack of transparency with bonus qualifiers doesnt make it easy to make a bonus. There isn't much room for growth in terms of sales. People tend to leave after a few years since there isn't much room for growth. Changing departments = getting a lower salary

4.0
Aug 11, 2012
Recommend
CEO approval
Business Outlook

Pros

Culture - I think the company culture and the people here at Wayfair are hard to rival. The office is a very fun, supportive and collaborative place. Employees are generally young and open to making new friends. I look forward to seeing my coworkers every weekday and often on weekends. Responsibility - I was impressed by the amount of responsibility I was given immediately upon joining the company as a recent grad with essentially no work experience and no background in marketing. Though nerve-wracking at times, the amount of ownership you're given over your segment of the business provides for a great experience. It makes the work more engaging and gives you the opportunity to make decisions that will have a lasting impact on the company, especially during these early-mid stages. Emphasis on making data-driven decisions - By relying so heavily on quantitative analysis, the company opens itself up to contributions from people at all levels. Lack of experience and lack of tenure are not barriers to success. Rather, good ideas can come from anywhere so long as there's empirical support behind them.

Cons

Compensation - Base salaries are uncompetitive relative to those for similar positions at other companies. Unclear career progression - While the open-endedness of the Wayfair career path can be exciting at times, it can also be quite frustrating and anxiety-inducing. Given the company's fast growth and rapid headcount expansion, there are many people in roles that have not existed for long enough to have had someone else graduate from them. There are, therefore, many people whose next step is undefined. Management has done a poor job of giving employees, particularly in those positions, a sense of how and to where they can progress. After a while of being at Wayfair, it seems as though you're just expected to have faith that you'll be promoted to do something that you'll be interested in doing, though there's no model to look to in order to see how that works or when you can expect it. Lack of recognition - The company operates under the mantra "We're never done', which is great for productivity and growth, but which can also take a toll on moral. I find that Wayfair doesn't always do a good job of stopping to appreciate success or individuals' contributions.

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