Great culture, little opportunity to make money - Anonymous employee Beekeeper Employee Review

4.0
20 Sept 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-You will have a hard time finding a company that beats Beekeeper's culture. Everyone is nice and positive. Management values work life balance and your mental health. You're essentially getting a 9 to 5 sales job. Huge benefit. -Guaranteed to become a junior AE after 1 year. -No smile and dial culture. Sales team is big on personalized outreach. -No one in Sales or Marketing knows what they are doing, so you are free to take charge

Cons

-You are being underpaid unless you live outside the Bay Area -There is a very bad practice of giving reps their bonus plans towards the end of the quarter. You don't know how much each SQL is worth and your goals will change half-way through. As a sales professional, I find this practice disrespectful. You will have very little opportunity to make money given how much each SQL is worth. Also, 25% of your commission is withheld, so you won't get paid out until a whole year later. This is done in part to motivate you to pursue bigger opportunities, however, the bonus plan (75% of your payout) incentivizes you to get as many small opportunities as possible. How else would you be meeting your goals or making money outside of your small base salary? There are no financial incentives to work harder. Management thinks that an occasional $50 Amazon gift card will do the trick. This is wrong. I recommend the CEO read "0 to 1" by Peter Thiel. Product isn't everything and sales teams matter. -The stock options (4 year vesting schedule) you'll receive are too puny to matter in the long run. -Expect a small 3% raise after 1 year with the company. -The sales and marketing teams are inexperienced. Give reps the freedom to make money instead of pushing campaigns that make no sense and prove to fail -This market is saturated. Unless the company treats sales professionals better by properly incentivizing them, they will start running into trouble.

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Beekeeper Response
5y
We would like to thank you for taking the time to share your thoughts. We strive to implement our core values, maintain a work-life balance, and promote an engaging work environment. We are glad you were able to experience and see the value in our culture. We take all feedback seriously and appreciate your candor. We align our incentive structure to benchmark in the market and ensure the commission structure is both fair and lucrative. That said, we will review your thoughts and keep them in mind as we continue to grow and build out our Sales and Marketing teams locally in North America as well as globally. Again, we appreciate the feedback and wish you all the best.

Explore other reviews about Beekeeper

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CEO approval
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Pros

The executive team is beyond driven and they have a great company mission.

Cons

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4.0
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CEO approval
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Pros

Great coworkers and benefits coverage

Cons

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