Small company with innovative products - Anonymous employee Loopback Analytics Employee Review

Thank you for sharing your perspective. The claim that Loopback has experienced a high turnover rate is simply not accurate. Over, the past 3 years, Loopback’s average annual turnover rate has been 14%. Loopback is constantly improving our orientation for new hires and expect to invest more in this area. When we have a new employee who is struggling in the area for which they were hired, we sometimes move them to another area of the company where they may find greater success. Sometimes that works well, in other cases, after the company and employee have tried to make it work, we both conclude it’s just not a good fit. Loopback continually benchmarks compensation in the marketplace. to ensure our salary structure is very competitive with other DFW companies. We agree that our health benefits are too expensive – a sentiment that I am sure is widely shared. However, we know that relative to other companies of similar size, Loopback’s benefits package is robust and affordable. As a final note, during the COVID-19 crisis many other companies have slashed pay and furloughed their employees. Loopback has maintained our workforce and has not reduced the pay for our employees. It’s at times like these that the true character of company is most visible.