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The 1% Club
4.3
based on 27 Reviews
Company Overview
Company Locations
Working at The 1% Club
Company Summary
Overall Rating
4.3/5
based on 27 reviews
Highly rated for
Company Culture, Work-Life Balance, Work Satisfaction
Work Policy
Work from office
51% employees reported
Monday to Friday
69% employees reported
Flexible timing
66% employees reported
No travel
78% employees reported
View detailed work policy
About The 1% Club
Founded in--
India Employee Count--
Global Employee Count--
Headquarters--
Office Locations
--
Websiteonepercentclub.io
Primary Industry
--
Other Industries
--
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The 1% Club Ratings
based on 27 reviews
Overall Rating
4.3/5
How AmbitionBox ratings work?
5
14
4
11
3
0
2
0
1
2
Category Ratings
4.4
Company Culture
4.3
Work-Life Balance
4.3
Work Satisfaction
4.2
Salary & Benefits
4.1
Promotions/Appraisal
4.0
Skill Development
3.8
Job Security
The 1% Club is rated 4.3 out of 5 stars on AmbitionBox, based on 27 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at The 1% Club
based on 26 reviews
4.2
Rated by 14 Women
Rated 4.3 for Company Culture and 4.2 for Work-Life Balance
4.4
Rated by 12 Men
Rated 4.5 for Company Culture and 4.4 for Work-Life Balance
Work Policy at The 1% Club
based on 28 reviews in last 6 months
Work from office
51%
Permanent work from home
40%
Hybrid
9%
The 1% Club Reviews
Top mentions in The 1% Club Reviews
Compare The 1% Club with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.3/5 based on 27 reviews | 4.0/5 based on 15k reviews | 4.3/5 based on 1.3k reviews | 4.1/5 based on 1.9k reviews |
Highly Rated for | Company culture Work-Life balance Work Satisfaction | Job Security Skill development Work-Life balance | Job Security Company culture Skill development | Job Security Skill development Company culture |
Critically Rated for | No critically rated category | Promotion/Appraisals | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 51% employees reported | Work from office 84% employees reported | Work from office 67% employees reported | Work from office 71% employees reported |
Rating by Women Employees | 4.2 Good rated by 14 women | 3.9 Good rated by 997 women | 4.3 Good rated by 199 women | 3.9 Good rated by 339 women |
Rating by Men Employees | 4.4 Good rated by 12 men | 4.1 Good rated by 13.1k men | 4.3 Good rated by 901 men | 4.2 Good rated by 1.4k men |
Job Security | 3.8 Good | 4.1 Good | 4.2 Good | 4.1 Good |
View more
The 1% Club Salaries
4.2
rated by 27 employees for salariesFinancial Planner
(3 salaries)
Unlock
₹7 L/yr - ₹15 L/yr
Assistant Vice President
(2 salaries)
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₹13.5 L/yr - ₹17.2 L/yr
Inside Sales Representative
(2 salaries)
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₹5.2 L/yr - ₹6.6 L/yr
CA
(1 salaries)
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₹44.1 L/yr - ₹56.4 L/yr
Program Manager
(1 salaries)
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₹27 L/yr - ₹34.5 L/yr
Graphic Designer
(1 salaries)
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₹6.5 L/yr - ₹8.3 L/yr
Data Analyst
(1 salaries)
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₹6.5 L/yr - ₹8.3 L/yr
Cashier
(1 salaries)
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₹44.1 L/yr - ₹56.4 L/yr
Investment Manager
(1 salaries)
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₹7.2 L/yr - ₹9.2 L/yr
Motion Designer
(1 salaries)
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₹7.8 L/yr - ₹9.9 L/yr
The 1% Club Jobs
The 1% Club News
Bengaluru Influencer Slams Sharan Hegde’s 1% Club for Asking for Free Sessions
- Bengaluru influencer Ankit Vengurlekar criticized the 1% Club for expecting free sessions.
- Vengurlekar quoted his fee, but the company refused to provide monetary compensation.
- Vengurlekar exposed the lack of respect for professionals in the digital industry.
- The debate on fair compensation for professionals in the digital space continues.
Startup Pedia | 26 Nov, 2024
1% Club Founder Backlashed by Netizens for Laying Off 15% of Employees
- Sharan Hegde, founder and CEO of finance platform 1% Club, faced backlash from netizens after laying off 15% of employees.
- Hegde clarified that the layoffs were part of a cost-cutting exercise and to address hiring mistakes.
- The 1% Club secured investment but put the money in an FD, drawing criticism from netizens.
- Critics argue that a company promoting financial literacy should have managed its finances better.
Startup Pedia | 8 Nov, 2024
Sharan Hegde lays off 15% of employees from 1% Club; Here's what he said
- Finance influencer Sharan Hegde's 1% Club has laid off 15% of its workforce to boost profitability.
- The layoffs were part of the startup's first major cost-cutting exercise since its inception.
- 1% Club is generating approximately $8 million in annualized revenue with a strong EBITDA margin.
- The startup has offered a healthy severance package to affected employees and will support them in finding new job opportunities.
ISN | 7 Nov, 2024
Sharan Hegde's The 1% Club Lays Off 15% Of Workforce Citing AI Advancement
- Finfluencer Sharan Hegde’s financial education platform, The 1% Club, has laid off approximately 15% of its workforce.
- The layoffs are primarily due to the increased capabilities of AI in content creation and research, leading to significant reductions in human labor in these areas.
- Despite the layoffs, The 1% Club remains in a strong financial position, generating an annualized revenue of around $8 million.
- The company has offered healthy severance packages to laid-off employees and continues to help them find new opportunities within its network of peer companies.
Bloomberg Quint | 7 Nov, 2024
Sharan Hegde’s 1% Club lays off 15% employees
- 1% Club, the personal finance platform co-founded by Sharan Hegde and Raghav Gupta, has laid off 15% of its total workforce as part of an AI-led cost-saving initiative.
- The layoffs were a result of rapid scaling, with the company growing from a five-person team to nearly 200 employees in just two years.
- The affected employees have been provided with a healthy severance package and assistance in finding new job opportunities.
- Despite the layoffs, the company remains financially strong, with annualized revenue of $8 million and an EBITDA of 35-40%.
Yourstory | 7 Nov, 2024
Sharan Hegde’s The 1% Club Fires 15% Workforce
- Financial edtech platform, The 1% Club, founded by Sharan Hegde, has laid off 15% of its workforce as part of cost-cutting measures.
- Hegde attributed the layoffs to mistakes in hiring and redundant expenses while scaling up the venture. He mentioned AI-led automation as a reason for the job cuts.
- The company offered the impacted employees a healthy severance package based on their tenure.
- The 1% Club, which provides financial education and mentorship, has an annualized revenue of nearly $8 million and is actively developing new financial products and services.
Inc42 | 7 Nov, 2024
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The 1% Club FAQs
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