Raise Culture | Comparably
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Raise is a p2p gift card marketplace to buy and sell gift cards read more
EMPLOYEE
PARTICIPANTS
12
TOTAL
RATINGS
139

Raise Company Culture

Raise Culture

This score is derived from employee ratings & reviews
3.3/5
Raise's Overall Culture is rated C

Top Rated Culture Dimensions

Raise CEO

Top 35%Top 35% of Similar Size Companies on Comparably
Jay Klauminzer Raise's CEO
Jay Klauminzer
71 /100

Diversity at Raise

Women at Raise

Top 50%Top 50% of Similar Size Companies on Comparably
C+

Women at Raise have rated Manager, Happiness, and Environment as the highest categories they have scored

Raise eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 50%Top 50% of Similar Size Companies on Comparably

Recommend to a Friend?

-9

Raise employees are -9% more likely to recommend Raise as a great place to work

33%Promoters
25%Passives
42%Detractors

Working at Raise

Working at Raise is rated below average by 12 employees, across various culture dimensions. Raise employees rate Environment highest among all categories, and think that Professional Development and Meetings have the most room for improvement, putting Raise’s culture in the Bottom 45% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in Chicago. See below in detail how working at Raise was rated by employees.

Overall Company Culture at Raise

C

Overall Company Culture at Raise is rated C

Last updated months ago

Bottom
45%

Raise ranks in the Bottom 45% of other companies on Comparably with 201-500 Employees for Overall Company Culture Score

Raise Employee Reviews

Out of 5 Raise employee reviews, 100% were positive.

100%
0%
Positive Reviews100%
Constructive Feedback0%

Positive Reviews From Raise Employees

  • What do you like best about the leadership team?
    Committed to the growth at Raise - still finding the balance between business need and employee needs - obviously care about people/ teams
  • What is the best part about your compensation package?
    The health insurance
  • What are some of the best things about your team?
    Tight knit and collaborative

Raise Company Information

Raise Company Overview

Raise is a p2p gift card marketplace to buy and sell gift cards

Raise Mission, Vision & Values

Raise Mission & Values

Give Yourself A Raise®

Headquarter11 E Madison St., Floor 4
Chicago, IL
United States of America
Websitewww.raise.com/
Founding Date2013
Tel(888) 578-8422
Company StatusPrivate

Raise Competitors

Raise competitors include Tango Card, Inc.. Raise ranks 2nd in Overall Culture Score on Comparably vs its competitors. See below how Raise compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Tango Card, Inc. Logo
    Tango Card, Inc.
    4.2/5
  2. #2
    Raise's Logo
    Raise
    3.3/5
  • Culture Video

Raise Employees

12 employees at Raise have reviewed Raise across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 12 Raise employees give their leadership a grade of C+, or Top 50% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Raise are not very pleased with their total compensation at Raise, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Raise are pleased with their team. 12 Participants grade the quality of their coworkers a B-. The majority believe the meetings at Raise are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Raise believe the environment at Raise is positive. Most Participants believe the pace of work at Raise is comfortably fast. About 83% of the employees at Raise work 8 hours or less.

Overall, the employees at Raise are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining Raise - Employee Onboarding

The prevailing opinion from Comparably users in Chicago about their company is that it was prepared on their first day. Chicago employees concluded that their overall onboarding experience was positive. 71% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Raise KPIs and OKRs

At this moment no Raise employees have provided insight into whether or not they clearly understand Raise's KPIs and OKRs.

AnswerPercent
Yes0%
No0%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

Raise CEO & Leadership

Raise CEO - Jay Klauminzer

Jay Klauminzer Raise's CEO
71 /100

Raise’s CEO Jay Klauminzer started in this role in 2018. Jay’s approval rate is just above average, putting Jay in the Top 35% of all CEOs of similar-sized companies on Comparably, and in the Top 40% compared to the CEOs of all other companies in Chicago. Jay Klauminzer is well regarded by employees for the Environment Raise offers, and ranks among the Top 25% of CEOs by employees in that category. Jay is most liked by employees with 3 to 6 Years experience and Female employees. However, employees with Over 10 Years experience have a slightly unfavorable view of the CEO. When compared to Raise’s competitors, Jay Klauminzer ranks just below Tango Card, Inc.’s CEO David Leeds. With Jay’s leadership, Raise employee respondents are most happy about their Environment and Manager. Jay was rated slightly below average for Professional Development.

Raise Leadership

The Raise Executive Team is rated a “C-” and led by CEO Jay Klauminzer, Chief Marketing Officer Gaurav Misra, and Vice President, Consumer Marketing Paul Briggs

  • Jay Klauminzer  CEO / President

    Jay Klauminzer CEO / President

    Jay Klauminzer serves as the CEO / President of Raise.

  • Gaurav Misra Chief Marketing Officer

    Gaurav Misra serves as the Chief Marketing Officer of Raise.

  • Paul Briggs Vice President, Consumer Marketing

    Paul Briggs serves as the Vice President, Consumer Marketing of Raise. Paul started at Raise in August of 2017. Paul is... read more

  • Nitin Shingate CTO

    Nitin Shingate serves as the CTO of Raise.

  • Josh Bliss VP, Digital Marketing

    Josh Bliss serves as the VP, Digital Marketing of Raise. Josh started at Raise in June of 2017. Josh is currently based... read more

  • Tenia Davis Chief People & Culture Officer

    Tenia Davis serves as the Chief People & Culture Officer of Raise. Tenia started at Raise in September of 2017. Tenia... read more

  • Anthony Winslow VP of Product Marketing

    Anthony Winslow serves as the VP of Product Marketing of Raise. Anthony started at Raise in April of 2018. Anthony is... read more

  • Tom Olk EVP Operations & Risk

    Tom Olk serves as the EVP Operations & Risk of Raise. Tom started at Raise in April of 2018. Tom is currently based in... read more

  • Jill Baker VP, Marketing & Strategic Communications

    Jill Baker serves as the VP, Marketing & Strategic Communications of Raise. Jill started at Raise in August of 2018.... read more

Raise Salaries

How much does Raise pay?

How much do people at Raise get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Raise is $100,949, or $48 per hour, while the estimated median salary is $122,496, or $58 per hour.

At Raise, the highest paid job is a General Counsel at $309,084 annually and the lowest is a CS Rep at $39,997 annually. Average Raise salaries by department include: Product at $119,437, Marketing at $209,264, Finance at $63,354, and Legal at $309,085. Half of Raise salaries are above $122,496.

8 employees at Raise rank their Compensation in the Bottom 40% of similar sized companies in the US (based on 23 ratings) while 7 employees at Raise rank their Perks And Benefits in the Top 50% of similar sized companies in the US (based on 8 ratings).

Last updated months ago.

1st Percentile
$64k
$64k1st Percentile
17th Percentile
$88k
$88k17th Percentile
33rd Percentile
$121k
$121k33rd Percentile
50th Percentile
$198k
$198k50th Percentile
67th Percentile
$254k
$254k67th Percentile
83rd Percentile
$313k
$313k83rd Percentile
100th Percentile
$364k
$364k100th Percentile
$100,949*
Average Compensation
$122,496*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Raise Salaries by Department

Explore Raise Salaries

Diversity & Inclusion at Raise

The Diversity score provides insights into how diverse employees feel and rate their work experience at Raise across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Raise Perks & Benefits

Health & Wellness

  • Health Insurance

Paid Time Off

  • PTO / Vacation Policy

Raise PTO

Raise's PTO and Vacation policy typically gives 15-20 days off a year. Raise's benefits and PTO Package averages to represent a $500 -$1000 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals100%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No100%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo0%
$500 -$1000/mo100%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Raise Careers

Raise Jobs

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H1B Visa

In 2019, Raise applied for 6 H1B visas. Of the work permits applied for, 33% were approved, 33% certified-withdrawn, and 33% withdrawn.

An in-depth look at ‘Certified-withdrawn’ H1B applications at Raise unveil that 2 approved work permit applications were withdrawn before the employee’s start date, and 2 were withdrawn by Raise after the employee’s start date.

Work Permit Application Outcome

6
Total Applied
  • 33% Granted (2 out of 6)
  • 0% Denied ( out of 6)
  • 33% Withdrawn Application was withdrawn by the employer before approval/rejection (2 out of 6)
  • 33% Certified-Withdrawn Application was approved but later withdrawn by employer (2 out of 6)

This data was calculated using publicly sourced data from OFLC Performance Data

Let Raise Know You Want To Work There

Overview of Candidates Interested in Raise on Comparably

Candidates By Department

Engineering
80%
All Industries
20%

Candidates By Location

Chicago
80%
Pittsburgh
20%

Frequently Asked Questions regarding Raise

What is Raise address?

Raise location is at 11 E Madison St., Floor 4

Who is the CEO of Raise?

Raise CEO is Jay Klauminzer, their score by employees is 71

What is Raise eNPS?

The eNPS for Raise is -9

What is the salary for DevOps in Raise?

DevOps average salary in the US is 115k

What are the salaries in the IT in Raise?

The average salaries for IT in Raise is 103k

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