They Leadership was either dishonest or incompetent - Anonymous employee Loftium Employee Review

1.0
18 Apr 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The projects and work is really fun and interesting. The premise of helping small landlords and the working class was fulfilling .

Cons

They are either dishonest or really they are incompetent. They misrepresented the financial opportunity to work there. Told me the performance of current reps was much higher than it actually was. CEO told staff they had a 6 month run way. Yet the moment Coivid 19 hit they laid off the staff. Constantly switched up commission structure. Laid off most of the staff with just 2 weeks pay. Stopped paying any rent towards customers leaving my reputation tarnished.

Explore other reviews about Loftium

5.0
15 Mar 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some of the most incredible people I've worked with.

Cons

Similar to many other company, rise in interest rate effected growth.

5.0
13 Aug 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I've been with Loftium for about 10 months and can honestly say I love my job. My previous two Companies were large, public corporations. Loftium is a breath of fresh air to me. Every day is a new adventure and a new set of challenges. Especially during the COVID-19 crisis, Adam and Yifan have been some of the most involved and passionate executives I've been around. Yifan's vision for the Company is passionate and wholesome and her dedication to achieving that vision is admirable. If desired, I'm able to work on several projects outside the Finance and Accounting realm which has been very beneficial for developing my soft skills. The culture is fun and inclusive. We laugh. we smile, we get frustrated, and we work hard. Would highly recommend Loftium to anyone looking for a change of pace from the big corporate life!

Cons

Compared to the Company I was at previously, Loftium does not have some of the systems in place at the moment to facilitate their large vision. However, this will only come with time and Company growth. I would not consider this a huge pitfall of Loftium, as they are still a growing Company.

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