A job if you need one - Software Engineer PlanSource Employee Review

2.0
Oct 17, 2024
Recommend
CEO approval
Business Outlook

Pros

Work life balance would be the only plus

Cons

You will never have a meaningful increase in pay after being hired. There is no cost of living adjustment and merit based pay raises are only 1-3%. Even with a promotion you are looking below 10% increase. The company is also notoriously cheap foregoing useful tools due to small costs ($20). Expect your skills to stagnate here as there will be no investment in your growth. Leadership is uninspiring and rarely knows what they're doing. Long term thinking is nonexistent and plans change on a dime leaving you lost. Turnover at this level is extremely high as well, many positions have been vacated multiple times.

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PlanSource Response
1y
Thank you for your feedback. We want to address a few things you mentioned in your review. We understand that compensation and benefits are important factors in overall job satisfaction. Our Total Rewards team is continuously evaluating our compensation and benefits packages to ensure they are on trend in the industry. At PlanSource, merit increases are based on performance in role. I can understand wanting to receive more and invite you to speak with your leadership to come up with ideas and solutions. Over the past several years in product & tech in the US, our turnover has been low with stability and career growth being an indicator of a healthy culture. I’d invite you to speak with leadership about tools that you need to perform your job as we are always open to discussing tools to increase efficiency, unless there is a security concern. We are happy to discuss this. I see you are still an active employee and hope you will discuss your concerns with your manager or member of our HR team. We're committed to addressing your concerns and continuing to provide a positive work experience for everyone. Srini, Chief Product & Technology Officer

Explore other reviews about PlanSource

5.0
Jan 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Exciting company culture and fast paced. Management wants their employees to succeed and thrive.

Cons

Some leadership changes towards the end of my work there, but it seems like that has been smoothed out.

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PlanSource Response
4mo
Thank you for taking the time to share your experience and for the kind words about our culture and leadership. We’re glad to hear that the fast-paced, environment and the focus on helping employees grow and succeed stood out during your time with us. We’re grateful for the contributions you made during your time with us & wish you continued success in your next chapter. - The PlanSource Team
3.0
Jan 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Remote or Hybrid work schedule, if you live outside of the city limits. Unlimited PTO policy, but is PTO ever unlimited.

Cons

There is not much room for advancement, if you’re not connected. Most of middle management and above are not POC. All the strong POC leaders were here today, gone the next day! The staff is overworked and underpaid. Only way to receive a higher salary is to resign and reapply. I survived a few CEOs, and once this last one came in all the tenured staff were being let go. Normal, if a new Executive comes in but there people were 15+ years in. This new PlanSource does not seem as if it cares much for their employees. Most of the workload is being outsourced to India. I’ve seen good, hardworking dedicate people get axed during my time! Not sure they’re invested in retaining good talent! Definitely a swim or sink culture, You will not get much help with learning the Benefits Admin system. It’s sort of a self-guided dive in approach.

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PlanSource Response
4mo
Thank you for sharing your perspective and for the time you spent contributing to PlanSource. We appreciate the candor that comes from firsthand experience and long tenure. As the company continues to evolve, we remain committed to supporting our people and creating an environment where employees can succeed and grow. Your feedback is heard and valued. We wish you continued success and all the best in your next chapter. — The PlanSource Team
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