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WorldVentures Holdings

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WorldVentures Holdings reviews about "no one"

27% positive business outlook

Reviews by job title

5 reviews
1.0
23 Oct 2018
Recommend
CEO approval
Business outlook

Pros

Before the latest set of executives, there was a fairly good culture that allowed for creative freedom in executing one’s job description in a flexible work environment Good healthcare plan, PTO and flex work plan (until recently that is with PPTO getting cancelled and no one is allowed to work from home even one day a week any longer. Most people who worked for me and did at least one day from home were extremely high performers)

Cons

Summary: Toxic and fear-based with executives that have little to no experience running a company successfully. It is extremely difficult to get another position due to WorldVentures overall reputation and it being a multi-level marketing company which is an industry with an unfavorable reputation Executives are trying to game GlassDoor and pressuring people to provide ‘positive’ reviews Details: I would like to disclose that I was not let go for any reason, nor a part of the many workforce reductions that occurred at WorldVentures over the past year and a half (and still regularly occur as recently as a few weeks ago). I left of my own accord two months ago for another position after an intensive job hunt that took well over a year. This review is an honest assessment of WorldVentures without any bitterness attached. It took me over a year and a half to find a viable position outside of a multi-level marketing company (MLM) due to the reputation of WorldVentures and the industry as a whole, so you will want to bear at least that in mind before accepting a position at this company. Many recruiters told me that the biggest hurdle for non-MLM hiring managers to overcome was the fact that I was currently working for an MLM which made them generally very skeptical. If you are not a career MLM’er do not accept a position at WorldVentures. Many of the people laid off in 2017 still have not found a position and because they were not career MLM’ers, they are having an extremely difficult time finding work. WorldVentures is the most toxic work environment I have ever encountered or heard of from others. Executives regularly berate and belittle people in meetings and at live events from stage and from backstage to gain credibility with field reps who are themselves extremely toxic and mean-spirited people to those that work in the corporate office. If you don't go along, your career may be verbally threatened as mine was. Most department heads, of which I was one, very regularly experience frantic text messages in off-hours and insult-laden phone calls in the middle of the night, or late at night on weekends (including Sunday nights) with ‘emergencies’ that are not time sensitive at all and continues to foster an extreme culture of fear 24/7 resulting in zero work/life balance. Those department heads are then asked to turn around and wake up staff members to craft an email or design a new asset to address a paranoiac concern of whichever executive feels threatened that particular day for any number of various reasons. I hesitated to review WorldVentures at all because I believe in just walking away from toxic people and situations, that is until I heard that they are putting extreme pressure on current staff members to go on GlassDoor to provide positive reviews, even though the culture and fear remains the same. Many of the existing positive reviews are most likely disingenuous and are suspiciously timed around when layoffs occur, of which there have been many.

2.0
5 Apr 2016

Not for everyone...

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-Fair pay -Monthly events for employees -Building is located on a beautiful walking path -HR seems to really care about employee wellness

Cons

-Benefits, while on paper look good but had pretty expensive premiums with high deductibles. -Cult like atmosphere, this is a multi-level marketing company and that vibe is present in the building. If you see a rep around the building they will ask you why you are wasting your time working a fill time job. The founder rambles and sometimes cries in quarterly meetings. It always left me with a strange feeling. -Politics in the office are unreal, I come from a creative background and worked in some very mellow places. I realized very early on that I was going to be constantly thrown under the bus. To my boss's credit--she was pretty good about filtering through the information. -People are leaving and new people are coming CONSTANTLY. It is a revolving door. Management, leaders and executives changed multiple times during my employment. No one feels secure or confident in their job (I believe that is what causes my note above.)

1.0
29 Dec 2017

Corporate WV employees bond over a mutual disdain for the company

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The laid-back atmosphere and casual dress code. Health benefits, 401k, and PTO are pretty meh but not bad. Most of the employees on the ground floor are fun, good people to work with. At one point there was good work/life balance, before multiple rounds of layoffs. These things go a long way.

Cons

The base salaries are competitive, which may hook you in initially, but realize that you won't get more than a 1.5% to 3% "market" raise each year (if that). Outstanding employees who have worked for the company for years aren't rewarded with much more than a pat on the back. And that's not to mention promotions — if you find yourself up for a promotion, don't hold your breath. HR is notorious around the company for putting off promotions until "next quarter," and a couple employees have even accepted higher-level positions and then not received the salary to go along with it until they've been pestering HR for a couple months. At this point, it's no secret that WV isn't paying their vendors. The company has been cut off by almost every tool, service, or vendor that employees use on a day-to-day basis. Even the vendor that produces the smartcard, supposedly the big new product (which doesn't work, by the way), has threatened the company with legal action for not paying bills. Rumors of Chapter 11 bankruptcy circle the office, even from mid- to senior-level management. The executive team is just a bunch of bros who hired friend after friend, and it's obvious based on the way the company is run. The people speaking for the company have no actual business experience and just ramble when in front of a crowd. This seems to suffice for the field, but corporate employees are disenchanted with the B.S. and find it frustrating when execs boast that "this was a record quarter" or "we're about to have our most successful event to date" and then a few weeks later there's another round of layoffs. No one in corporate falls for the "Wayne is a celebrity" propaganda so One Big Team meetings feel like nothing more than an opportunity for the execs to stand around and listen to each other talk. There have been quite a few changes to leadership, but it feels too little too late. Morale at the company is at an all-time low, particularly due to the four or five rounds of layoffs within a 6-month time frame. Colleagues send each other job postings to support each other and bond over a mutual disdain for the company. The outrageous requests and poor decisions of the leaders are an ongoing joke around the office, even among senior managers. Finally, you'd be working for an MLM. Everyone who signs on to work for WV knows this (hopefully), but I don't think people believe just how cult-like and seedy MLMs are (or, at least this one) until they see the event videos and hear the stories. From the inside, corporate employees know that there's virtually no way for Reps to make money unless they joined early or already have celebrity status — but are paid to prey on people's hope and parade the illusion that achieving an extravagant lifestyle through WV is possible, when in reality 90-something percent of people who join are not going to make more than about $300 total.

1.0
7 Nov 2018

Manager

Recommend
CEO approval
Business outlook

Pros

People used to be friendly The dress code is really relaxed

Cons

No clear or consistent direction from management, priorities change from one day to another. Lack of transparency and communication, people are forced to lie and smile about it like nothing is wrong. overall the place is really unethical, no HR support ... at ALL ... and the employees don't care anymore.. they are just doing what they are told regardless if is good or bad.

3.0
5 Oct 2015

Trying so hard but not hard enough

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Nice peers and co-workers, flexible hours, can work off site, promote from within

Cons

Terrible transparency, upper management doesn't know what they are doing, executives have no idea what the majority of workers are doing, no trust among staff to managers to directors, slow hiring process, system is breaking down, no one is held accountable for their work

Viewing 1 - 3 of 5 Reviews

Glassdoor has 251 WorldVentures Holdings reviews submitted anonymously by WorldVentures Holdings employees. Read employee reviews and ratings on Glassdoor to decide if WorldVentures Holdings is right for you.