Cultural Void, Unattainable Comp by Design, Private Equity Pump and Dump - Mitarbeiter (anonym) bei LogicMonitor: Mitarbeiterbewertung

2.0
7. Feb. 2020
Mitarbeiter (anonym)
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CEO-Befürwortung
Geschäftsprognose

Pros

*Excellent downtown location *Transit allowance *Well run channel team *Product services a need in a pivoting marketplace *Work/life balance above average

Kontras

*Private equity implemented a backloaded comp plan, OTEs are largely unattainable. *When they mention culture, they mean culture of fear. Someone is going to get fired at the end of every quarter. *Political imbalance is painfully obvious. *10-12 hours in forecast meetings/week. *Redundant deal management processes and no single source of truth used by management teams. *Zero investment in enterprise pipeline generation from marketing. *Smart leaders are stripped of any capability to effectively manage teams. *B & C players succeed by floating questionable orders through partners. Company paid commissions and recognized large deals (six figures ore more) 90-120 days before customers signed agreements on more than one occasion. *Standards for disciplinary action are arbitrary at best. *Sales operations largely is inept, condescending, and lacks any collaborative skills. *Company delivered over their annual target to the parent organization, but less than 30% of sales organization came close to OTE. *Sales cycles extremely long, largely due to inefficient operations/legal procedures and arrogant negotiation tactics. *Sales territories, account line sizes and role functions change frequently within fiscal quarters with little warning and no roll out plan. *Toxic pre employment personality/aptitude assessment weeds out qualified candidates *HR partners lack ability to remain objective and neutral in standard situations

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Reaktion von LogicMonitor
6y
Thank you for weighing in. We appreciate the pros you've listed and your point of our solutions being a need, not a nice-to-have, is certainly playing out in these changing times. Our hyper-growth, and world-class customer retention and expansion numbers are strong evidence of that. Your perspective on cons is quite lengthy so it's difficult to know where to start responding. Two comments that I feel compelled to make are that we are proud of the numerous sales quota club qualifiers who we recently celebrated on-stage at our sales kick off and at our club trip. As you would expect at a hyper-growth company, a significant number of sales and business development folks are realizing tremendous success, and I'm sure these folks, and our auditors, would respectfully disagree with some of your assertions. My second comment is Vista has been a great majority owner and supporter for two years and we look forward to continuing our market-leading growth with their sponsorship into the future. I am happy to talk through details of your concerns. Feel free to reach out. It sounds like LM wasn't a good fit for you and we wish you the best of luck in your future endeavors. (CHIEF PEOPLE OFFICER)

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