TransferWise FAQ

All answers shown come directly from TransferWise Reviews and are not edited or altered.

How are promotions handled at TransferWise?

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18 October 2019

Pros

Flexible work environment Loads of paid time off (5 weeks vacation, 2 weeks sick) Paid sabbatical (after 4 years of service) Paid Parental Leave (after one year of service) 401k Match NSO Stock options Freedom, ability to make an impact, drive change- Friendly environment Opportunities to participate or lead projects to move the business forward - sometimes even world-wide opportunities Diverse culture - speak 5+ foreign languages Working with people from different cultures Competitive benefits package Pet-friendly office Ability for some remote work (after 90 days) Weekly team lunches Monthly team activities / fun events

Cons

Work is very fast paced; and sometimes not for everyone Autonomous work can have it's pro's & con's; One has to be a self-motivated and driven individual to succeed. When considering internal promotions, many roles are based outside of the Americas. When considering salaries, base compensation is a factor, not overall compensation. Ensure we remain competitive in the markets.

Advice to Management

Continue the efforts of improving transparency Over-communicate to Wisers when possible Increased transparency with wages, market analysis, etc. Continue to share knowledge regarding career paths, other potential, etc.

When considering internal promotions, many roles are based outside of the Americas.

18 October 2019

Reviewed by: People Team in Tampa, FL (Current Employee)

1 English review out of 1