NowFloats Reviews

4.4

85% would recommend to a friend

(314 total reviews)

Jasminder Singh Gulati

89% approve of CEO

72% positive business outlook

NowFloats has an employee rating of 4.4 out of 5 stars, based on 314 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The NowFloats employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

314 reviews
1.0
3 Aug 2018

It's time to shut down your company.

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

No pros at all. In an years span of time I could not find any pros

Cons

Why do you guys want to hire when you do not have proper funding. You are just playing with people's carreer's by hiring and then firing them within a month saying that you guys do not have proper funding. When you know that there's no finding why to hire ? And why to show off when you do not have funding by making an performance appraisal plan that too for one month who is going to give the arrears now you guys say no funding. Policies are not in place. Hr team does nothing like literally. The co-founders think that each person is running their own company. No sink at all.

1.0
2 Aug 2019
Recommend
CEO approval
Business outlook

Pros

You come here to learn what an organization shouldn't run like. They boast about flexible working hours which just means you should be flexible to work every hour!

Cons

Let's start with the broader aspects - Trying to sell a half baked CMS to SMEs deprived of technical understanding, convincing them that buying a website for an absurd sum of money will do wonders for their business - No product vision even after pivoting multiple times Now on to the nuances - nonpayment of salary for months without any prior notice, that too for the tech team who spends most of their time awake working even during weekends. - no job security - no engineering culture - no technical leadership, the CTO thinks he is right always, which in most cases is dead wrong - no realistic timelines for product development, the CTO has the final word - the HR department exists just for its namesake. It will take more the occasional festive wish emails to convince employees that there is a moral entity in the organization to talk to when it gets rough - no transparency, no communication from the management - false promises - no full and final settlements. Employees, your last month's work is a community service - did I mention paycuts?

2.0
6 Apr 2018
Recommend
CEO approval
Business outlook

Pros

•Awesome fun at work. •Good Resources to Employees(But Slowly decreasing as the company is not making any profits to spend on employees) • Salaries were on time(But from last few months they are not) •Amazing colleagues (You feel like you are working with your best friend) •No politics •Informal Organisation (No rules for your living style, In a simple point you can wear pyjamas to office only If you are going to sit In-house) • Moreover, Managers, you will find Leaders, slowly even leaders are going out of the company because of founders (who actually don't give a chance for your Ideas, They want you to do what they think is right but they are always wrong)

Cons

•Looking for Stability? Please don't join. •Are you into development? Yeah, late hours are must and should.I see people sleeping in office for more than 2 days. •Going to join sales team? Be ready to lose your contacts for selling a worthless product. •Willing to earn?Don't join(You will find good policies but never paid out(Incentives, Device Allowance etc) •A lot of attrition rate (Ex- If 1 person is joining in a day 10 persons will leave) Putting this all aside Nowfloats has a product which is worthless and will not even help any SMB. Nowfloats is creating a digital presence to SMBs by making a website along with Automated SEO. •But SMBs can't update content regularly because they don't know what to write and they are not that educated to form a content and this Inturn will not give them any ROI.( So Renews at NowFloats are not even 10% this is taking the company down day by day and this is the reason they are going bad in there policies and payments as I mentioned above) •If SMBs are educated and know something about Development absolutely they will not like website designs and the way it works on search parameters because Nowfloats has that great worst concept of SEO) •Customers say NowFloats Has very bad customer support but I feel what customer support team can do when the product itself is worst Apart from listening warnings from customers. •Even enterprise clients left Nowfloats because they have an Amazing worst product. NowFloats has something around 550 sales guys and sells to 1000 customers a month so this averagely shows that 1 sales guy Is selling to 2 customers a month and bringing something around 50k. (Paid customers till date are not more than 15k)Now think how well it's going. So the average revenue that comes in is 3crores and the expenditure is about 5crores because it has more than 60 branches earlier but now even this came to 30 as they want to show some profits to Investors for funding. Yeah frankly speaking don't you think after reading all the above lines still sales guys are approaching SMBs and selling.Yeah we have super sales team. P.S- Now It's up to you.

Viewing 1 - 3 of 314 Reviews

Glassdoor has 340 NowFloats reviews submitted anonymously by NowFloats employees. Read employee reviews and ratings on Glassdoor to decide if NowFloats is right for you.