Pros
If you're friends with the executive board, you'll have the benefit of not being laid off to appeal to shareholders. Otherwise, your clock starts ticking on day 1.
Cons
1. Middle management is absolute trash. They do not know how to run a presales organization, and pretend to care about employees. I'm looking at you, Sales Enablement team, Corporate Impact, ESG, etc.. 2. The executive board makes horrible decisions, and then makes up for it with mass layoffs. Cherry on top? The executive board likes to dump millions in shares right as layoffs are happening. They bought EVERFI for 800M, and EVERFI posted revenues of 300k in Q4. Absolute failure to do financial due dilligence. Executive board also has zero long term vision. They need results ASAP so they can dump their shares. If something doesn't work, they will run as fast as possible to hit the "Layoff" button. 3. All that social good and diversity PR work they do? All fake. You can count the people of color, or women, above middle management on 1 hand. Its a boys club in Charleston. 4. Mike G is horrifically incompetent. He gets voted as "Charleston's top CEO" and then lays off 18% of the company 2 weeks later. 5. Horrible benefits. The deductibles were so high for the level of care provided. Funny for a company that focuses on "doing social good". 401k fully vests after 2 years; the match isn't even that good. Don't worry though. If the politics haven't forced you to find a new job, Blackbaud will find a way to lay you off so you'll never see a dollar of this money. 6. This company doesn't invest in employee development, evidenced by a meager $3000/year tuition reimbursement. 7. If you do work at this company, make sure you practice salary transparency with your coworkers. If you are making more than everyone else, you'll be the first to be laid off when they run their algorithm to layoff by highest salary. Update your resume and leave before they lay you off. 8. Severance package - 1 months worth of salary. Pathetic.
