PRAXIS GLOBAL ALLIANCE Senior Associate Reviews

Likes

good growth and learning

Dislikes

micromanagement and toxicity by founders

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

- Fast-paced work environment, you can really pack immense learning about research, consulting and project management - Smart bunch of young and talented undergrad professionals in the org. - Can take up internal business building initiatives if you're passionate - Pay competitive to Big4 consulting and advisory verticals - Stronghold in commercial due-diligences (CDD), might be helpful in exiting to PE / VC - Short project duration can be good to accumulate a breadth of learning - Good top-tier VC clients - You are trained for attention to detail and made capable of defending every single world on the slide...Read More

Dislikes

- Tried but did not get a Great Place to Work (GPTW) certification - Very high levels of attrition signal some substantial underlying cause; as a result, missing company culture - History of ugly exits - I can count 10 names right now who ended their employment on bad terms - Pitiful P&A policy - you are 'bound' to stay in the organization for 6/12 months if you are given a promotion. Add another 2 months towards the promotion effective date and another 2 months of notice period. Accordingly, if you leave the company in 10/16 months of your promotion, you need to payback all your incremental salary (I was made to repay INR 1.5L) - Never mention that you are quitting to go to a competitor firm; it won't go well with the senior management ego - Employee and even managers are not always spoken to respectfully; there is an issue with the way employees are viewed as 'resources' fundamentally - Minimal focus on employee welfare; greater focus on maximizing employee productivity (it bothers the mgmt. if someone got a couple of light days after a project) - Limited support in terms of professional databases or analytical tools, only have access to Tracxn. Case teams are sometimes asked to cold-call and find leads from their personal network - All decisions regarding rartings, P&A, leaves, WFH, reimbursements, bonus, notice period and other employee-related matters are too centralized and controlled by the senior mgmt; HR merely a spokesperson - No dedicated tech team in place, some consultants work extra hours to fill their shoes - Sent in 169 employee referrals, HR couldn't even convert 1, even in Research Services - Outdated compliance checks in place - there is a KYP manual document signing system which is pretty cumbersome for employees and reviewers both - No PraxDigital team in place as announced in campus placements...Read More

Work Details

Work policy: 6 WFH in a month

Work days: Monday to Friday (Flexible Timings)

Work related travel: This job involves Travel Within Country, Travel Within City.

Likes

Get to work with some good VCs and top start-ups in India

Dislikes

Poor work-life balance and attrition are so high that the team looks totally different every 12-15 months. Don't want to spend much money on the primary surveys and as a result, the struggle is for the Consultants/Leads/Managers to complete the project in time. Cold Calling/Scouting for Leads to Talk on your own is another factor why many people just don't find it worth their while to stay in PGA Labs or PGA main....Read More

Work Details

Mostly grunt work in Due Diligence type of projects for VCs, or a lot of primary surveys based projects to get the feedback from customers, parents, and end-users for companies/invested VCs e.g. Swiggy, Nestaway, Livspace, Oyo, Unacademy, Byju's, etc.

Work timings: Strict Timings

Work related travel: This is a desk job.