We specialize in distributing Medicare Supplement, Medicare Advantage, and related products via our family of brands and dedicated team of licensed insurance agents. Spring used to be a great company to work for years ago but it is a complete joke now due to lack of structure and leadership and anyone looking to interview here should seriously reconsider.Spring Venture Group is a leading digital direct-to-consumer sales and marketing company with product offerings focused on the senior market. As far as accountability goes, after a recent wave of layoffs that resulted in 290 people losing their jobs (20% of the entire organization) upper management took zero ownership and blame of the decisions that were made that ultimately resulted in the layoffs and instead shifted the blame to the training staff and sales teams for not doing their jobs effectively enough. Management is going to do what management wants to do. SPRING VENTURE GROUP HOW TOThe only innovative thing SVG seems to excel at is coming up with new ways on how to mislead their agents and support teams on topics of compensation, work/life balance and being part of the “core group” that will help lead SVG to get back onto a winning path while the truth of the matter is you are looked at as being completely replaceable and your opinion really doesn’t matter. In reality, there is nothing authentic about this place. These are the three “core values” that the execs at Spring Venture Group claims to lead their decisions and direction toward the future. Reports from the inside paint a picture - more.Īccountability, Authenticity, and Innovation. I pray the decision was a tough one to make but it's hard to state that fact with any certainty. Trading valuable experience (and salary) for another year to try and right the ship and survive as a company. In early 2022, SVG downsized approximately 30% of its workforce (or approximately 290 individuals) without notice. Couple these losses with investors unwilling to invest further and the result, by all accounts, was a last ditch effort to save the company. In 2021, SVG had an extremely high attrition rate with newly hired agents. C level employees began jumping ship and the cracks began to evolve into crevasses. So too did the constant communication internally about how successful the company was and how much revenue was being generated. Unfortunately, SVG had neither.Įventually, the "best place to work" campaigns came to an end. To scale successfully, a company must have a solid foundation and senior leadership that is fully aligned strategically. SVG heavily invested in agent growth year after year despite multiple red flags and against internal department recommendations. Then came the rapid growth and the external investors that only prioritized the bottom line. In turn, the employees were proud as well and rated the company highly because they were working to make the business successful. The company was proud of this accomplishment and proactively encouraged employees to rate the company highly. SVG was once considered a "best place to work" in Kansas City.
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