What it does: Intuit creates and manages financial software products and services for both individuals and businesses alike.
Mission: Our mission to power prosperity around the world is why we show up to work every single day to do incredible things for our customers.
Best known for: TurboTax, Mint, QuickBooks, MailChimp, and Credit Karma.
Size & presence: 14,200 employees across 9 countries.
The good bits: Great fintech company that continuously innovates its product line-up.
The not-so-good bits: There are some complaints of no work-life balance.
Intuit was founded in 1983 by Scott Cook and Tom Proulx. Their first product was Quicken—and the success of their product caught Microsoft's attention, who immediately created their own version and started competing directly with Intuit.
Quicken was later sold to a venture capital firm, but Intuit’s story was only just beginning. Later, Intuit continued to focus on increasing financial software products in its portfolio by acquiring numerous companies, eventually leading to its current lineup.
Intuit’s employees, present and past, report that the company offers a supportive work environment, with colleagues that are always up for collaboration. Some also mention that “Intuit is a very encouraging space. It's a safe space to make mistakes.”
Career growth is also something that employees highlight as what Intuit does best. In addition, Intuit also offers a great deal of flexibility and is considered quite agile in making decisions, compared to many other fintech companies.
Intuit has multiple programs available for students and recent college graduates. For internships, students can apply to programs for a minimum of 10 weeks to more than four months.
Programs allocated for recent university graduates are the following: the Accelerator program, available during an entry-level employee’s first year of employment and the Rotational Product Management program which lasts for two years. While the second program is specific to only a Product Manager role, the Accelerator program is available to almost all work roles in Intuit.
Intuit always posts their current job openings on their website, and thus interested applicants can submit their applications through their site. As for the interview process, you’ll pass through several rounds of interviews, starting with what they call a craft demonstration, where you do a short intro and dive into some case studies.
If you pass that round, you’ll be invited to do an assessor interview. In this stage, you’ll meet “two interviewers whose work closely aligns with the role you’re interviewing for.” When you pass that stage as well, you’ll have to have an interview with a future team member and your future manager as the last hurdle.
Several interns at Intuit report earning a salary between $80,000-$90,000, mostly those taking up software engineering jobs in the company. Those who enrol in the Product Manager program, usually earn between $70,000-$120,000 per year.
Other employee benefits that you can avail yourself at Inuit are relocation benefits, 8-hour paid volunteering, free snacks, and on-site gym
Intuit’s major philanthropic initiatives are usually focused on the environment, education, and employment. For the environment, Intuit manages Prosperity Hub communities for economically disadvantaged communities to find new sustainability solutions that lower emissions while improving their financial well-being. As for education, Intuit contributes by offering personal finance and entrepreneurial skills through free access to their tools during the length of the course as well as funding school districts in the U.S. where Intuit has offices.
For employment, Intuit focuses on making new jobs and they do this through their Prosperity Hubs program, which has “a mission to spark economic prosperity for people and communities in need by creating new jobs, as well as preparing people for jobs of the future and equipping entrepreneurs to start and build successful businesses.”
Intuit has lobbied against the IRS in regards to a return-free filing on multiple occasions, ensuring that the agency does not give out pre-filled forms, as is the norm in developed countries.