Lightspeed reviews

3.5

61% would recommend to a friend

(1,067 total reviews)
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Dax Dasilva

74% approve of CEO

50% positive business outlook

Lightspeed has an employee rating of 3.5 out of 5 stars, based on 1,067 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lightspeed 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

1K reviews
3.0
Sep 5, 2020
Recommend
CEO approval
Business Outlook

Pros

Other reviews have said it best, the company's mission is noble. The industry is vibrant, full of opportunities, and in growth mode. Benefits and salaries are OK, not tech-company exuberant but not bad either, even though since the pandemic started, we lost most of it (no more pension plan matching, no more transport benefit, no more promotions or raises, no more office perks like snacks, coffee, etc.). They are not doing half-bad when you think about it and it's a very good company to use either as a first stepping stone in your career or if you've already had a stepping stone, to grow into the next phase of what you want to become. It stops here however, as I don't think anyone could ever think of building a long career in this company. I assume the average tenure must be around 2-3 years across the board.

Cons

I've been meaning to review the company for quite a long time, as I've seen my fair share of good and bad in the amount of time I've been working there. However, every time I want to leave a review, the mains problems I want to talk about eventually just get eclipsed by a new wave of different problems, and my review feels off. Eventually, I managed to take a step back and realize that these were always the same problem, with a nice fresh coat of paint. Every company goes through growth-related issues, it's just part of the game. Sometimes with strong leadership and vision, you can manage to land back on your feet very quickly and make it a learning experience. At Lightspeed though, we deliberately chose to constantly rotate between the same exact problems in some sort of perverted cycle, and I can tell you, we learn nothing but frustration from it. Let me preface this by saying that leadership (in general) at Lightspeed is weak. At any level of leadership, people fall into three categories: definitely not fit for the job, a decent fit for the job but completely overwhelmed and taken advantage of, and a perfect fit for the job, which eventually makes you leave, because you can see all the glaring issues exposed bare and you are powerless to solve anything. A lot of people in a leadership position at Lightspeed are definitely not fit for their job. There are a lot of imposters and purely political players who are only interested in looking good and maximizing how many people they manage in order to jump to their next opportunity like their own little traveling locust plague. We had a wave of these people coming from Shutterstock before, today it's SSENSE. They show up, befriend powerful people, do very little to earn their promotions, surf on their own direct reports' successes, and eventually, get promoted to their maximum level of incompetence (the Peter principle, anyone?). When their situation becomes too much to bear and they can't fake it anymore, they just bail to their next target company and leave a complete mess behind them that takes months or years to fix. But who cares? They got stock options, they got a cushy salary and they can brag to their next employer about all the things they didn't really do. On the other hand, some people are not entirely fit for leadership positions but are still doing their darndest to earn the respect of others. In order to prove themselves, they put in the extra work to be recognized and in doing so, not only contribute to the ascension in power of more dastardly people (as evoked just before) but completely burn themselves to the ground in the process. It's no secret that mental fatigue, burnouts, and extremely poor work/life balance are pervasive at Lightspeed, everyone here knows someone that went through some form of it. Eventually though, these people regularly get overshadowed by more politically skilled employees who manage to steal their thunder, which leads to them either becoming shells of their former selves or pushed aside to less interesting projects or positions. In the end, they either stay and do their 9-5 every day without passion or just leave. And then, you have the superstars, we have very few of these at Lightspeed, strong competent leaders that outshine everyone else. Unfortunately, these people are so few and far between that their hands are basically tied. I've been in this company long enough to have seen plenty of these come in full of hope, and give up usually after just a few months on the job once they realize the number of political games they have to play and the hoops they have to jump through just to do the work they've been hired for. Most of these people leave before their one-year anniversary, sometimes even because they are actively targetted and undermined by incompetents who want to keep their cushy positions. Eventually, what you are left with as an employee is a constant turn-around of managers, directors, and VPs. They all rank somewhere on that scale, and they all eventually give up or leave after what feels like 6 to 18 months on the job. The result? An ever-changing leadership roster, which leads to an ever-changing product roadmap that swerves from right to left every six months, punctuated by non-stop reorganizations to suit whatever vision of the week. I think I've gone through five or six department-wide reorganizations in the last four to five years. You will see leaders constantly pushing for the same solutions to the same problems and failing for the same reasons as before, usually because they leave long before their plans can be put to fruition or because they couldn't care less about what had already been attempted before. As an engineer, you will see a constant re-inventing of the wheel because there are basically no technical figures of authority that have been here long enough to be able to assume the role, or they just gave up trying a long time ago. As an employee, you will witness the absence of any sense of career progression as you constantly have to reprove yourself to a fresh batch of ever-changing managers and directors that all inevitably hire their own cronies when they come in and couldn't care less about you as a result. I've heard of people that went through more than 10 managers over the last three to four years. That's roughly a new manager every four months! You're going to tell me: "Ain't that describing all companies really?" and I'll answer you that yes, it does. But if it was an Olympic sport, Lightspeed would be a triple gold medallist. Working at Lightspeed, especially in the product and technology department, is exhausting, and no amount of internal transfers can solve anything as the problem is rampant in the entire department. This is the first company in my 15 years career that ever managed to beat my passion and drive to a pulp and made me one of these 9-to-5 employees that couldn't care less about the business as long as I get my paycheque. And I hate every second of it.

2.0
May 16, 2017
Recommend
CEO approval
Business Outlook

Pros

In customer facing roles (which is the main focus of the company), you either work on the support side or the sales side. On the support side, you will work with truly incredible people and supportive, approachable, wonderful management. On the sales side, you have the potential to make a lot of money. It's also a great office, nice to work on Macs, and the paid OPUS pass is nice. This is an incredibly fast paced environment so you will definitely learn quickly. The CEO is also the company founder, and a really sweet guy who truly cares about the product and makes time for everyone.

Cons

With these two customer-facing roles, there are two options: on the support side, you will not make any money (between $15-$17 an hour). Lightspeed is a sales company above all else - much more focused on sales than product - so working on the sales side, you can expect to make tons of money, however you won't have a life and you'll live at the office. The sales team spend all their time together so it turns into this dramatic, incestuous family. They also promote not based on who portrays the best leadership qualities, but based on favouritism, and even more recently, who gets romantically involved with select executives.

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Lightspeed Response
9y
Dear former employee - one of the great challenges of Glassdoor is the inability to have a conversation. We are truly disappointed that your experience at Lightspeed was not a positive one. We would very much appreciate the opportunity to hear from you directly so we can learn from this experience so that we may grow as an employer. Though of course you are under no obligation to do so (and would not benefit personally given you've left), if you're open to discussing, please reach out to us at hr.confidential@lightspeedhq.com. We promise that your anonymity will be preserved. We seek only honest feedback to help make our organization the best that it can be, and most importantly, to reach the highest levels of satisfaction among our employees. We sincerely hope to hear from you. Thank you.
1.0
Feb 6, 2022

All looks, no substance

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Good health benefits - RRSP contributions - Stock options - Fun parties (before COVID) If you’re looking for a place with decent benefits, Lightspeed has you covered.

Cons

- Inexperienced / under-qualified management - Low salary when benchmarked against what similar tech companies pay - Lack of career growth opportunities - Misalignment between company mission (customer-focused) and internal culture (sell at all costs). -- ***This review is based exclusively on opinions I formed while working at Lightspeed. My opinion is subjective. I encourage you to do your own due diligence and form your own opinions*** When you meet a person with tons of potential that they don’t live up to, what do you call them? A disappointment. I think Lightspeed has all the potential in the world, but overall, the sum of all parts is disappointing. People are drawn to Lightspeed because from the outside, everything looks awesome. But it’s all window-dressing to distract you from the issues that make it an undesirable place to build your career (I believe the average tenure across all departments is around 2 years. You can draw your own conclusions from that). 1. In my opinion, Lightspeed is plagued by underwhelming management at all levels. There are some great managers in this company, but they are few and far between and usually don’t stay very long. Many lack the fundamental skills and knowledge to effectively lead their teams and seemingly resort to playing political games to keep their jobs. It’s imposter syndrome on steroids. They spend their days in overcrowded meetings, making plans, spreadsheets, and presentations to convince one another of their legitimacy, but nothing ever ends up getting done and when it does, the results are often underwhelming. You have to wonder if it’s because they just don’t have the experience or necessary competencies to pinpoint what’s causing the challenges they’re facing rather than booking 5+ meetings to “sync” and discuss how to deal with the symptoms. 2. Overall, teams are relatively junior. This could be part of their hiring strategy (hire them young, cheap, and naive), but in my opinion it’s a result of under-qualified, inexperienced managers making poor hiring decisions. The overall result is teams with little experience in their fields or concentrations. Tons of mistakes get made because they move fast and can’t anticipate future risks until it’s too late. This, compounded over time, means there are a lot of (technical and cultural) problems that are not easy to fix. 3. You’re hired to do a very specific job. Once you want to take on more, you’ll realize that Lightspeed has a reactive approach to career development. They don’t have a plan for you and they likely never did. At best, they’ll offer you a fancier title (i.e: “manager” but without any direct reports, or with little to no changes to your overall responsibilities) and a marginally better salary (but still well below what other tech companies pay). There’s no true career growth, only superficial monikers and fancy titles with little substance. They fully expect you to get tired of your role and below-standard pay, leave, and replace you with another naive fresh-face who buys their cliché mission statement. 4. From my experience, the company-wide emphasis on delivering often unrealistic short-term results has fostered a culture of stress, anxiety, and uncertainty. Rather than do things that are beneficial for long-term, sustainable growth, you’ll see people get scrappy and do whatever it takes to hit their monthly targets. Your linear focus is, and always will be, hitting targets for that month. And nobody cares how you do it. Just do it. It’s a never-ending hamster wheel. In my experience, you are ultimately powerless to influence change in any of the four issues mentioned above. Either accept things the way they are or leave. Overall, Lightspeed talks a big game but doesn’t back it up. They over-index on superficial attributes. Don’t be impressed by the castle, the “world domination” or the youthful, tech vibe. This place only cares about its image and is plagued by systemic issues that, in my opinion, leadership seemingly refuses to address (or isn’t qualified to resolve). Rather than fix those issues, it’s easier to introduce some new shiny initiative, benefit, or event to distract everyone from acknowledging uncomfortable truths and legitimately questioning their employer. If you think this is all just normal growing pains for a high-growth company, understand that Lightspeed has been around since 2005. If those issues have lingered for 15+ years, they likely won't get fixed anytime soon. They’ve convinced themselves of their own superiority and that has made them deaf to criticism and blind to future problems they will (eventually) run into if they keep things status quo. If you’re a recent grad looking to break into the tech industry, get a few years of experience, and make some friends, Lightspeed might be for you…just be careful who you take advice and mentorship from when you’re on the inside. There are a lot of pretenders. If you’re want to learn from mature, experienced leaders, and grow your skillsets while working for a company that offers fulfilling, engaging work and doesn’t take both its customers and employees for granted, stay away.

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Glassdoor has 1,203 Lightspeed reviews submitted anonymously by Lightspeed employees. Read employee reviews and ratings on Glassdoor to decide if Lightspeed is right for you.