Wise FAQ

Have questions about working at Wise? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Wise.

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

48 English questions out of 48

30 March 2021

What is health insurance like at Wise?

Pros

- Good location - People were friendly - Great onboarding in Budapest - Good healthcare plan - Large training budget - Great work to life balance - people leave work on time - Awesome switch gaming tournaments ;) - My lead was very personable and friendly

Cons

- Lack of creativity - Lack of career progression - Bad attitude towards change - Company culture was a bit dead for me - Autonomy of teams made things messy with lack of hierarchy and structure contributing to confusing approvals process - Feedback sessions got personal and not helpful

Advice to Management

More leadership needs to be taken and less movement in the upper design leadership roles. Felt like things were pretty disorganised when I left, and one of the reasons I did leave.

Good healthcare plan

30 March 2021

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6 May 2020

What is the retirement plan like at Wise?

Pros

If you are eager to learn, then here are endless opportunities. Flexible working (not in every team tho). Very very smart people. Transparency. You can have an impact. Big mission.

Cons

The whole team gets bigger and each topic has more stakeholders, which makes the decision point also harder/longer. Little bit of the loudest/most popular wins style. Information overflow. Not all new hires are 100% match with company values.

Not all new hires are 100% match with company values.

6 May 2020

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30 August 2020

Does Wise offer massages?

Pros

Pretty chill environment Dogs in the office Massage chairs

Cons

A lot more corporate rules than expected Not too keen on letting you work from home, although on paper it is possible Although you have a health check, TW does not cover any further procedures if there actually is something wrong. The stock options are automatically added to the salary, thus making the average seem quite large. In reality getting the funds from your options is fairly complex, happens at specific times, is only a limited amount. Increasing number of evening hours with no increased pay.

Massage chairs

30 August 2020

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27 January 2020

Does Wise offer dental insurance?

Pros

Health and dental benefits International travel to Estonia

Cons

Has become more corporate with hierarchy like any other company and offering less flexibility, but with low to average compensation in the industry

Advice to Management

Compensation needs to be more competitive to retain top talent. Grow the Tampa office to provide more career opportunities.

Health and dental benefits

27 January 2020

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15 January 2019

Does Wise offer parental leave?

Pros

TransferWise is a standout company to work for; especially in comparison to may U.S. employers. Not only is it a relaxed working environment with hardworking, smart, and incredibly fun people, but the benefits are amazing. PTO (vacation and sick time) is very generous, maternity leave is actually offered, there are paid travel opportunities, sabbatical after 4 years, medical/dental at great rates, and many other available benefits. Additionally, unlike many places which claim there's room to grow with the company but actually make it very difficult to move about, TransferWise delivers on this promise. If you're interested in a particular project or position, you're supported and encouraged to get involved with a side-projects alongside you current role, or pursue available role(s) that interests you. I've seen many people switch roles within 6 months-1 year, and even seen new positions be born out of someone's success with their side-project.

Cons

Not necessarily a con (in my mind), but something to be aware of that some people may consider a con: this is still very much a startup culture; there's times where processes aren't full fleshed out, and things need to be changed as we grow and adapt to new circumstances. If you're a person who needs strict/unchanging policies and procedures, then this probably isn't the place for you. This isn't your typical corporate environment, so it's best not to come in expecting this. There is room for improvement in starting salaries for most of the lower level positions. However, I definitely respect that they are extremely transparent with starting salaries for most positions on offer.

PTO (vacation and sick time) is very generous, maternity leave is actually offered, there are paid travel opportunities, sabbatical after 4 years, medical/dental at great rates, and many other available benefits.

15 January 2019

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48 English questions out of 48