Lots of overpaid Caucasians and Indians causing product-market disconnect - Middle Manager Tonik Digital Bank Employee Review

- Top management spend so much on expensive meetings and parties and outings and fly-ins and fly-outs. CEO flies in every other week. Others fly in every month. So extravagant considering the company is still spending investor money. - No guaranteed yearly increase. - No quarterly or annual bonuses. - Partner program exudes vibe of elitism and exclusivity. Partners (or employees with stock options) act like bosses, while most of them are incompetent, but just have friendly relationships with top management. It's not at all inspiring to be a part of it. - Poor company culture because C-execs are not based in PH and are not Filipinos. - Hires too many consultants and third-party providers or agencies. C-execs lack trust, empowerment and support for middle managers and officers. They overpay vs. average market rates, but they don't empower or maximize their hires. - Too crowded and some roles are redundant and useless. There are external meetings where almost all heads from different departments are invited. Some are just too lazy to filter, assess and assign most appropriate owner of partnerships/third-party vendors. - Ownership is given to whoever is the loudest, not the most competent. - PH company, but Chief HR is Indian, so expect less efforts and less support for Filipino employees. - People work in silos. - Office layout is such a mess, causing poor company culture.