'Pump-and-Dump' Sales Shop - Business Development Manager Ecogy Energy Employee Review

1.0
12 Jul 2023
Recommend
CEO approval
Business outlook

Pros

They have a fun temporary office location in the Brooklyn Navy Yard. Ecogy also makes an earnest effort to be on the leading edge of the technology space within the ever-changing energy management environment. The marketing department is fantastic. The survey team hustles all over the Northeast to reach sales' prospects. The platform team has some of the brightest tech minds in the business. The construction team puts out some of the highest quality builds in the industry today and the finance team does a great job keeping their models true to real-life conditions. Legal is responsive and the policy team somehow keeps tabs on the legislative environments of multiple markets with incredible efficiency. Many great professionals work at Ecogy Energy.

Cons

I was bait-and-switched on the job title at hire - should've walked then but I had an appetite for some risk and decided to roll the dice. I proceeded to out-perform my colleagues in contracted revenue over my tenure, leading to some impressive milestones for the company and several multi-million dollar projects secured. Ecogy structures their commissions as pay raises for each contract you sign. The biggest 'payouts' are supposedly during project milestone achievement along the permitting / construction / operation phases. After securing my contracts I was let go without a single warning for my individual performance - as team leader on contracted capacity for the year, I wasn't expecting one. The 'net-net' of this whole experience is Ecogy now sits on millions in future revenue while not having to pay out the sales person who executed. All told I saw a roughly $15k premium added to my paycheck for about two months. The final "commission" on one of Ecogy's largest deals in its history came out to a paltry couple thousand dollars after taxes. If you enjoy making money, look elsewhere. Leadership keeps the culture fairly dysfunctional. During my time my manager missed about half of our 1-1's. Of course, this hobbled deal velocity frequently. When approached to share some accountability and work together to solve problems, leadership would speak down and blame others, dance around direct questions and ultimately never invest in anyone's success. Then they wonder why they're so behind on their numbers. There's no training and the benefits are average.

Explore other reviews about Ecogy Energy

5.0
31 Jul 2024
Recommend
CEO approval
Business outlook

Pros

The people were very welcoming and created a great community. Interns were also exposed to many different aspects of the company.

Cons

There were too many meetings.

5.0
31 Mar 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

As a startup, Ecogy is a wonderful place to learn about what you really love to do. There is a lot of horizontal mobility, and directors are often more than willing to encourage cross-departmental work and collaboration, making it easy to explore different roles and responsibilities. The culture at Ecogy is inclusive, professional, and warm. Everyone is invited to after hours events and they are often sponsored by the company and new employees are always greeted with excitement and celebration.

Cons

As a small company, it can sometimes be difficult to juggle responsibilities across multiple specialties and projects. You need to be able to manage your own responsibilities in addition to any other "extra-curricular" responsibility that may fall on you.

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