31 Dec 2021
Tekion Response
4yThanks for your review. We appreciate all genuine feedback and consider it an opportunity for improvement. Your review of our company, culture, and engineering practices is quite surprising given the phenomenal validation we’ve received from our customers, investors, and the very high employee retention rate we’ve been maintaining. We attribute this to our employee-centric culture and a desirable working environment in which employees are challenged to bring their very best to work every day.
There are total factual inaccuracies in your comments related to ESOPs, work culture, engineering practices, lack of gifts, etc. It is widely known in the tech world that Tekion offers one of the most competitive compensation packages, on par or better than the top tech companies. Bonuses and annual compensation increments are higher than industry standards. Employees also enjoy ESOPs and we completed one round of secondary sales of ESOPs in 2020, creating many young millionaires in the organization. Our innovation, Automotive Retail Cloud, has disrupted the market and it wouldn’t have been possible without an innovative, robust platform and proven product and engineering practices that we’ve implemented.
As a company in a hyper-growth phase, we do have important deadlines at times and employees may need to stretch to meet them. We carefully monitor such occasions and try to ensure that they are the exception rather than the norm. Our employee retention rate speaks for itself and serves as a testament to the quality of the opportunity we provide to our employees and the culture we have created in the organization.
Most importantly, Tekion only implements fair practices. We always take the right path even if that is the toughest at times. We maintain a high level of transparency at all levels. We wish that you had brought your concerns to our notice so that we could have addressed them. We wish you good luck in your future endeavors.