Formlabs reviews about "salary"

- Poor Management (Mostly Senior) - Low Salary and Compensation - Grind Culture - Poor Work life balance - No focus on Career progression - Internal Politics

Nepotism: The CEO and CPO tend to give important positions to people they have personal relationships with. Even if some of these individuals look qualified on paper, it’s hard to see the real value they bring. Some are long-time friends, even holiday companions, and this favoritism is widely recognized across the company. Constant Uncertainty: The leadership often gives the impression of always scheming behind closed doors, which creates an atmosphere of mistrust. Priorities shift suddenly, communication is limited, and employees are left feeling that the ground could move beneath them at any time. This ongoing uncertainty makes it difficult to focus on long-term goals or feel secure in day-to-day work. Toxic Leadership: The C-Suite surrounds itself with people who rarely challenge decisions. This creates an echo chamber where open discussion and healthy debate are limited. Lack of Accountability: Leadership often doesn’t hold themselves to the same standards of rigour they expect from employees. Teams spend countless hours preparing detailed analyses, only to see decisions made on gut feelings or hunches. Data is frequently overlooked or adjusted to support whatever narrative leadership wants to present. This makes the meticulous work feel wasted and demotivating. Lack of Diversity in Management: Non-engineering management roles lack variety, with most filled by MBAs, usually former consultants or ex-Wayfair employees. This has led to noticeable pay gaps, with some managers earning two to three times the salary and up to ten times the equity of middle management or regular employees. Internal talent is often overlooked in favor of outside hires, which discourages career growth from within.

Can do better with overall salary & benifits.

The place would have great potential if leadership wouldn’t be so disorganized and greedy. They like to make you work several positions in one to get the most out of one employee, while not making efforts to hire more people in the team. Good work is not recognized, only by internal contests where the customer service people have to compete against each other. Also, if you are good at your current position, they recognize you by keeping you in that position and not letting you develop or climb higher on the ladder. If you are ready to sell your soul to the company, this place is for you. Working hours are from 9 to 17:30 if you take a full hour lunch break, then until 18:00. I would say work-life balance is not great

Management is out of touch Low salaries Bad expectations and examples of work-life-balance

Terrible work culture in the last 2 years. Will respect European work ethic most of the times, because they have to, but will encourage and will provide opportunities for people who work unpaid overtime, and answer messages off the clock. Authoritarian management composed of oportunists who de-value professionalism, and will expect a constant ego reinforcement from employees. Management felt the need to constantly remind everyone "who is the boss", so the mood in our office was usually bad. Regardless of your contribution and position, you will be discarded if you don't hit it off with management. Anti-environmentalist attitude from management, ervironmental impact and toxicity is a subject the company avoids at all costs. Don't work here if you are environmentally conscious. HR will contain you if you talk about sustainability, and shift the blame to you (employee) to do something about sustainibility (BP practice). HR will report on you, and flag you if you have any complaint of management - even if all of your coworkers feel the same. HR seemed to be consistently undermining professional developement of certain departments and employees aftrer a certain point to keep their salaries just below market average. American company that partially runs on European professionals, but somehow still manages to look down on Europeans. For example, underpay highly trained Hungarian developers, arrogant manner of communication in meetings with little to no room for feedback. The company seems to be hiring fresh graduates because of it's increasing bad reputation, and bad retention. There are only a few I know who stayed longer than 3, maximum 5 years. Formlabs fires people in an ambush-like manner, basically they book a meeting and you'll have 2-3 hours to save your data, collect your things and say goodbye, occasionally known to try to avoid paying you severance saying you violated internal policies. They had a logically flawed merit based reward system at services that is not based on the quality of work, and its effects on potential revenue, but the amount of work done (This could have changed ever since).The company increases profits, but did not follow inflation in salaries, or compensation. Did not grant any bonuses (Hungary) no matter how good the company was performing according to their internal financial reports. Anti-unionist management.

- Expectations are high for every employee. For people who get satisfaction of pushing themselves and working hard, this is a plus. However, when your life outside of works becomes busy and stressful, it’s safe to assume your life at Formlabs will not slow down. - Changes happens quickly. The work and the expectations will constantly be changing, and you will be expected to keep up with them and consistently perform to a high standard. - A current bias towards filling open roles with external talent. Formlabs is looking for employees who can perform the functions of every job to a high level, and generally would prefer to bring external talent in to fill that gap. If you are looking to grow your career or your skill set, your mobility may be limited for most opportunities.

Low Salaries, Less Technical Employees, No chance of improvements