Work wellbeing score is 87 out of 100
3.7 out of 5 stars.
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Newchip Employee Reviews

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3.7Work-Life Balance
3.7Pay & Benefits
3.7Job Security & Advancement
3.8Management
3.8Culture

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Disconnected management creates confusion and frustration

Indeed Featured review

The most useful review selected by Indeed
The upper management exhibited a pattern of disconnected decision-making that left the entire team bewildered. The work environment felt more like a pressure cooker, with a constant undertone of browbeating from supervisors who seemed more interested in blame-shifting than problem-solving. The expectations set were not just high but bordered on the realm of the crazy, with little regard for the practical constraints of day-to-day operations. It's disheartening to witness such potential within a company overshadowed by a lack of cohesion and understanding at the top.
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Overwhelmed by stress: Ridiculous workloads and tyrannical managers

I'm often overwhelmed by the ridiculous workloads assigned to us. There's just so much to do that my work lofe balance is basically non-existent. Employees are constantly looking over their shoulder in fer because of the managers. They make employees work harder through fear and intimidation, and threaten to fire anyone they find to be underperforming. It's incredibly exhausting having to work in such a horrible workplace, and having management being an obstacle for employees does not make things any easier.

Pros

I don't think there is anything positive about working here, and I'm certain that other employees will agree with that sentiment.
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Constant Upskilling Requirements in a Toxic Work Environment Made Things Awful

The job was terrible, and the workload was stressful. The workload always kept rising, and so did the expectations of the top management. They wanted me to forget that I had a poor work-life balance and focus on upskilling, even if meant working 20 hours a day. It was a ridiculous attitude as I couldn't avoid my health for a job. That's why I left as soon as I could!

Pros

I only liked the compensation. Nothing else!
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Disturbing level of disregard for employees!

There were numerous instances of unfair treatment, favoritism, and an intimidating work environment that made it difficult for employees to voice their concerns or suggest improvements. Under such leadership, the company lacked direction and cohesion, resulting in poor decision-making and a toxic work culture. The lack of transparency and communication further exacerbated the issues, leaving employees feeling demotivated and undervalued. The negative impact of the CEO's actions trickled down throughout the organization, ultimately affecting the company's productivity and reputation. This is an undesirable place to work so avoid this!

Pros

Honestly, can't think of anything positive about this company, except for the work colleagues.
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This is very high stress, high workload environment

The company's management lacks clear direction and fails to provide adequate support to its employees. There is a distinct lack of transparency, with important information often withheld or only shared on a need-to-know basis. Additionally the workloads is often overwhelming and unrealistic, leading to burnout and a detrimental impact on work-life balance. The overall lack of proper management and support at Newchip greatly hinders professional growth and job satisfaction. Avoid this at all costs!
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Newchip insights

Based on 36 survey responses
What people like
  • Support from manager
  • Feeling of personal appreciation
  • Supportive environment

CEO's Snarky Attitude Undermines Productivity and Morale

It is unfortunate that the CEO's behavior often overshadowed these positive aspects. The CEO's snarky and condescending attitude towards employees made it difficult to approach them with any concerns or suggestions. It seemed as through we were expected to be at their beck and call, regardless of personal boundaries or work-life balance. This unbecoming behavior created a toxic work environment, hindering productivity and stifling creativity.
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Career boost

I am ecstatic to be part of a team that values the growth and development of its employees. Newchip has provided me with invaluable opportunities for personal and professional growth, allowing me to cultivate exceptional skills. Working in this environment has been incredibly fulfilling as I have the privilege to contribute to the success of individuals and businesses.

Pros

Flexible, compensation, training

Cons

I don’t have any complaints about the work conditions
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Terrible Politics and Worst Work Ambiance Made Me Quit

The office politics levels were terrible. The top management was aware of it, but instead of stopping it, they encouraged it. I thought it was ridiculous and awful. The people who did the bare minimum got promotions and financial growth, but those who did most of the work and put in stressful and exhausting hours were avoided when it came to professional growth. Stay away!

Pros

You will be making a mistake if you take up a job here.
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Supportive workplace encourages new ideas

The flexibility and autonomy that I enjoy in this workplace allow me to work independently, taking ownership of my projects and pursuing my ideas with passion. The collaborative environment emphasizes accountability and teamwork which creates a positive and supportive vibes. It also encourages new ideas and more efficient ways to approach our tasks and targets. Also, working with a talented team helps me grow and develop professionally, opening up opportunities for career advancement.

Pros

Persuasive management, comprehensive work policies, stable income, meaningful job experience, and career growth

Cons

None, but there’s a chance to spend considerable hours as starters, yet it's worthwhile.
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Excellent management team

Excellent management team that have been leaders in the field for a long time. The core company culture is deeply committed to helping entrepreneurs become successful and it’s rewarding to be a part of. It’s a great learning environment, everyone on the team is highly experienced in startups, fundraising and investing.

Pros

Competitive pay, excellent management, great learning environment.

Cons

I haven’t experienced any cons.
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Management blatantly lied to applicants and we all fell for it

The "flexible work schedule" the company mentioned meant working overtime and weekends! The management blatantly lied to applicants and we all fell for it and took the job without thinking not having any idea how terrible and brutal work would actually be!

Pros

The company actually makes promotions from within, though it's mostly through politics!
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Professional growth and collaboration in a supportive workplace

It is easy to appreciate the strong potential for growth and skill development here, as well as the wide network of clients that results in more employment opportunities. Working here is such a privilege as we are able to work alongside a team of talented and experienced individuals who are willing to share and provide professional guidance and support as needed. Additionally, the no-pressure leadership style here allows us to work independently and make decisions confidently.

Pros

Skills lead to career advancement, good paying job, nice benefits and insurance, work-life balance

Cons

Being successful requires being proactive, inventive, and strategic.
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Learning while earning with promising growth in a professional workplace

The opportunities for interesting discussions and learning here is ideal for me. I am thankful for the management that keeps on working hard to provide us a workplace that is not just fun, and professional but also empowering. There are specific programs involved, including updated tools that sets Newchip apart from other accelerators that lack substance.

Pros

Career advancement, well-paying job, nice benefits, and insurance, work-life balance

Cons

No cons, because everybody is well disciplined and established in their roles
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Great learning experience in a supportive environment

I can confidently say that working at Newchip is an amazing experience for various reasons. My colleagues are always willing to collaborate and help one another, which makes our workdays run smoothly. I appreciate the opportunity to learn and grow on the job, and with a team of professionals, my learning experience is virtually limitless. Additionally, Newchip offers competitive salaries and development opportunities that allow us to advance our careers within the company.
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Growth that inspires with competitive compensation at work

There is a continuously empowering opportunity for learning and growth with our mentorship and training programs. The upper management is highly skilled and experienced in the industry and is committed to mentoring and guiding employees. Additionally, the compensation package is competitive, with numerous opportunities for earning bonuses. Overall, working here can be a great experience for those who value learning and performance-based compensation.

Pros

Career advancement, well-paying job, nice benefits, and insurance, work-life balance

Cons

Although the tasks are varied, I have no problems with it.
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Ideal training and culture of safety that foster career growth

There is a dynamic learning environment that keeps the workforce engaged and motivated. Safety is prioritized, where each employee receives full safety training during the induction process. The management is supportive and always there to encourage us. There is great commitment to staying ahead of the curve and adapting to new technologies and industry trends provides us with ample opportunities for career growth and advancement.

Pros

Unlimited PTO, career advancement, good paying job, nice benefits and insurance, work-life balance

Cons

We're still growing and need to improve in some areas at work
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Competent management

1. I like the ever-changing world of startups, full of new ideas and unexpected solutions. 2. It’s great to work with people passionate about tech and innovation. 3. Most of our managers know how to lead. They look for commitment and diligence in every worker and are ready to promote from within whenever possible.

Pros

Network-building opportunities.

Cons

I feel that I still have room, for growth before, I can ask for a promotion. So it takes to advance your career here.
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Management helps the employees grow

With years of experience, the management has been an expert at helping the employees grow and move towards the collective advantage for all. Here, everyone is professional. The opportunity to advance is also there. There is a lot to learn and this brings us a better appreciation of our job and role.

Pros

Great pay and perks, career progression opportunities, fun workplace with collaborative colleagues

Cons

I don’t recall having any sort of difficulty around here.
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Effective system in place helps employees a lot

There is a clear set of responsibilities and access to valuable information allowing us to make informed decisions. Everyone remains professional and handling transactions with accuracy and efficiency can be traced from the ideal training and guidance that starts from the very beginning. With reasonable goals and fair expectations, everyone performs well.

Pros

Professional growth, clear direction, excellent work strategies, stress-free work environment

Cons

On some days there may seem to have more workload than usual, but with time management anything is easy to deal with.
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Incompetent managers, unbearable stress

Employees of this company experience unbearable stress because of the management's incompetence. The manager's lack of knowledge and experience create a chaotic work atmosphere wherein employees get much more pressure and stress than they should be experiencing. The employees are the ones who have to sokve the problems created by the management.
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Helping startups to make a change.

First of all, I like the flexibility and the laid-back work environment. Besides, it’s interesting to work with a team of experts who are always willing to guide anyone who needs professional support. But most importantly, working at Newchip helped me to gain great insight into the startup industry and further improve my skills as a sales representative. I liked their approach. I knew I would join a team where professionalism is encouraged and recognized.

Pros

The mission is motivating. My co-workers are great.

Cons

The interview wasn’t easy, it was clear they were pretty demanding and attentive to all important details.
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Overall rating

Based on 131 reviews

Ratings by category

3.7 out of 5 stars for Work/Life Balance
3.7 out of 5 stars for Compensation/Benefits
3.7 out of 5 stars for Job Security/Advancement
3.8 out of 5 stars for Management
3.8 out of 5 stars for Culture

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