Monese - Was so promising but then such a letdown | Glassdoor.co.uk
  1. Helpful (16)

    "Was so promising but then such a letdown"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at Monese full-time for less than a year

    Pros

    Friendly colleagues, free snacks and beer.

    Cons

    Lack of communication, especially when giving feedback to staff. People dismissed in a very underhand way; whole marketing team were told at 4pm, another person was dismissed at 5pm after being given one warning 2 weeks prior. Technically, just about legal but VERY CUTTHROAT. Favoritism of one particular staff member who would complain to HR about other colleagues because she thought they were giving her dirty looks...

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    Advice to Management

    You talk about improving people's lives through banking for the underrepresented yet are quite happy to squeeze out people when they fall out of favour not exactly as caring as your mission statement. The people who help you create this vision are as important as your mission and you try and represent that.

    Monese2019-06-03

Other Employee Reviews

  1. Helpful (1)

    "Ambitious company with clear social vision"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Monese full-time for less than a year

    Pros

    Love the atmosphere in Monese - fast paced and exciting. It's a wonderful place for ambitious, creative people because the leadership team gives you ample room to make decisions and get things out the door. Monese also has a very clear social mission, and it makes a huge difference feeling that we are working towards something meaningful.

    Cons

    A lack of structure holds us back sometimes, but that's being worked on.

    Monese2018-12-07
  2. Helpful (11)

    "Poor leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Monese full-time for less than a year

    Pros

    Good product and strong growth. Great exposure due to the current obsession around “FinTech”

    Cons

    Very poor leadership. Lacking experience and quality in key positions. The results are quickly evident. Obvious lack of culture and identity struggling to distinguish itself from competitors. A technology enabled business rather than actually creating something new.

    Advice to Management

    Seek help from those who know what they are doing. Hire experienced leaders who have seen and done it all before. Making it up as you go along will be cost you can’t afford.

    Monese2019-05-02

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