PatSnap Reviews

3.2

57% would recommend to a friend

(402 total reviews)
avatar

Jeffrey Tiong

67% approve of CEO

64% positive business outlook

PatSnap has an employee rating of 3.2 out of 5 stars, based on 402 company reviews on Glassdoor which indicates that most employees have a good working experience there. The PatSnap 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

402 reviews
1.0
29 May 2018

python engineer

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

looks good from outside, for the sake of investors.

Cons

those with ambition wouldn't join, no career here.

1.0
16 Dec 2021

Understand what you're getting yourself into before joining

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- The product is quite good. It's reasonably competitive in the space, our customers love it, and honestly might be the only reason many people stay. - Decent pay, assuming you negotiated when you started. I know legacy employees and those early in their career are typically underpaid. - Remote work environment and depending on your team manager decent flexibility - Great training around the industry and product particularly for those who are new. The training team is top-notch! - Assuming you have a good manager, there are growth opportunities and they do follow through on IDPs. I know that's not the case for all departments. - There are a couple of new female leaders in upper management that I have hope can bring some positive change. - If you are considering joining understand what department you are joining. There are a few gems throughout the organization with managers that protect their employees from the toxicity and give them great work-life balance but those are far and few between.

Cons

- Extremely high turnover. In 2021 alone, if you stayed longer than 6 months you were considered a veteran. I've worked in tech for many years so know turnover happens but not at this rate. Even at the upper management level if someone is competent they're usually gone in less than 12 months. The story being sold to candidates is that we are rapidly growing which is why everyone is so new. - Effort is being put in by HR to change certain cultures but the effort and progress are VERY slow. It’s like they make 1 step forward and then 2 steps back. For instance, the employee feedback surveys happen, people are honest and everyone seems shocked. Then months pass, nothing happens until the cycle repeats itself. - If someone is too vocal and wants to make a change they are fired or pushed out. This is particularly true at the higher levels. Thus employees do not feel they can speak freely so most honest conversations happen outside of the workplace. For instance, once a negative glassdoor review is posted there is usually a witch hunt to find out who it was (even if they have left). This is followed by internal campaigns to get people to post positive reviews. Look at the reviews on here and you’ll see a pattern. -Upper management is toxic. They are constantly backstabbing, and rarely have their team's back. The legacy culture filled with sexism and racism isn’t condemned and thus is left to continue. HR complaints have been filed but rarely action taken to correct the situation. - Most managers are spreadsheet managers, not people managers. There is no formal training to help improve this. What really sucks is the narcissistic behavior of particular individuals impacts everyone who reports to them. - I will echo what another reviewer wrote on here by saying "SLT recently sent out a company-wide communication of how they need to drink in order to close a deal, and how in China they work longer hours than the West! Essentially they are promoting a drinking culture and to work 24 hours a day." How this company-wide message didn't get taken down is shocking. It’s sadly just one example of this sort of mentality being promoted. - Work-life balance for some teams is an extreme struggle. Those departments with a high turnover for instance are in a continuous cycle of people quitting and the workload becoming more and more unmanageable. - Internally collaboration is more difficult than it needs to be. For teams like the marketing and product teams, their turnover has been so high that they can’t seem to produce the collateral we need to do our job well. - Revenue targets are pulled out of thin air and are completely unrealistic. Then when those targets are not hit we’re told we’re not working hard enough. - Finally, the weekly huddles. Thankfully these have improved and are now bi-weekly and the entire company comes together for updates (this is good). However, between the gratitude sessions, cringy motivational speakers, montages of the East team calling their moms to tell them they love them… it’s not appropriate for a company that employees more than 10 people. It is a bi-weekly remember that this company has so much growing left to do in terms of what a culture of a billion-dollar company should look and feel like. - My advice for someone considering working here: Please know what you’re getting yourself into and ask lots of questions in the interview process. Progress has been made since I first joined but not definitely not enough to keep me here.

avatar
PatSnap Response
4y
Thank you for taking the time to share this feedback with us. We appreciate and value your input as an employee. We are actively working with SLT, HR, and our management teams to create an environment that feels safe to all employees and empowers personal and professional growth. We also encourage our employees to have their own input into Patsnap culture. We already have three Employee Engagement groups which help us to make Patsnap a better , more inclusive company for everyone. Thank you once again for your insight and if you have any additional feedback to share , please feel free to reach out to our Culture Champions directly or join one of the Employee Engagement groups.
2.0
16 Jun 2019
Recommend
CEO approval
Business outlook

Pros

I watched this company grow at a very fast pace. It had great talent, vision, hungry leaders and the ability to execute sales acquisition consistently. That was a recipe for success and the funding rounds that followed validated it. The success quickly faded away year-by-year as the CEO had no real clue on how to run a multi-national company and desperately turned to hiring VP's and MD's from companies who did not understand the culture nor have alignment with the existing senior management team. Once he hired them he did not have the competency or courage to try and manage them.

Cons

The CEO became complacent in the last 2.5 years - there is some correlation here... once he and the founders quietly cashed out on their stock the company tumbled dramatically. Continuously preaching about the market size and opportunity is not going to hide the fact that you clearly checked-out some time ago and now you don't know what to do. The current culture is toxic throughout the entire company. In London they have more than halved their headcount - Toronto can't even close a single new business deal and LA is moving backwards. The Chinese operation needs a whole glassdoor review itself because nobody actually knows what they do and how much they contribute to the overall business but many errors were also made there that have been swept under the carpet. When is the CEO going to take responsibility for any of these errors? Why has he not learnt from his previous mistakes? every week a mixture of senior VP's and junior staff members are leaving. I don't foresee it stopping. The CEO has presented his life story maybe 30 times to the entire company hoping this will do something to change the culture and business trajectory - Not really sure what to say about that anymore as he has tried it so many times it's almost as if he is forgetting that he is doing it. I urge staff to stop being pressured into writing fake reviews on here to cover up the catastrophe of errors and mistakes made. If this company is to survive it needs complete new management and the CEO and founders must step aside.

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Glassdoor has 411 PatSnap reviews submitted anonymously by PatSnap employees. Read employee reviews and ratings on Glassdoor to decide if PatSnap is right for you.