TransferWise - More of a cult than a company. Overrated. | Glassdoor.co.uk
  1. Helpful (22)

    "More of a cult than a company. Overrated."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer 
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    TL;DR This is still a good company to work for, but don't just go with the hype or believe these reviews. They are a reflection of what TransferWise does best: indoctrination. If you have a similar offer from somewhere else you should definitely consider it. Other upsides: - Freedom - People can have a say (comes with a price) - It's a quite transparent company everyone is always been told what's going... on - Offices are quite nice - Quite social crowd (if you are into that) - Mission is ambitious. You can feel like you're making a difference.

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    Cons

    Hyper growth is challenging. When you have a company with over a thousand people too much freedom can lead to chaos. Also, the fact that autonomy is one of the core values of the company has turned teams quite selfish about their own goals. Cross team collaboration is almost impossible. It's so hard that ends up discouraging people from seeking to fix or do any task that involves other teams. It's like living... in a country with different factions that pretend to collaborate with one another. The company is divided into several cliques, and the old employees act as tribal leaders: don't even think about disagreeing with them. It's an EXTREMELY political company. If you hate politics, don't bother joining. It's as political as any big old organisation out there (or worse than most). Most leads are quite young and with that comes a huge ego. You will feel like going back to secondary school sometimes. Dramas, gossip, etc. It's a downside of having so many young people together. On the engineering side, it's the most unproductive company I've ever worked for. Anything that took 1 week anywhere else in TransferWise takes 4. Loads of talking, convincing and trying to understand a codebase that has become a huge patchwork of badly designed APIs, very little actual coding. Code quality is average at most. Be prepared to deal with technical debt through the roof. Because the company grows so fast, most of the engineers know very little about the current codebase. No documentation, no javadocs, just hearsay. Last but not least, the perks of being a vibrant startup are mostly gone by now. This is a huge organisation not a small startup anymore. You still get some of the basics, like free fruit etc, but it's the same as you get in any other tech company nowadays.

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    Advice to Management

    Hire more experienced people. When you get this big you need more than youth.

    TransferWise2019-03-21
  1. "First time I've been truly happy in a job and woke up everyday happy to be going to work!"

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

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

    Pros

    -You're treated like an adult & trusted to do your job without being micromanaged -Work/life balance is the best I've had and that's down to the flexibility -Your opinions and ideas matter and they're listened to -Encouraged to get involved in things that really interest you or speak up if you believe something can be done better -You're given the opportunities to grow and take on new challenges -No two... days are ever the same, you're always faced with new challenges and things to get stuck into -Brilliant offices with everything you could need (and more!) -Possibility of travelling to our other offices -SummerDays yearly all-company event -Everyone is so friendly -None of that 'I'm-a-newbie' awkwardness, you become part of the team instantly

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    Cons

    -The autonomous environment can be frustrating at times -With so many people in the business, it's impossible to know everybody (or even half!) -As we're growing so quickly things change quickly meaning something that's a priority today might not be tomorrow -If you don't like constant change or enjoy being kept on your toes, this is not the place for you!

    TransferWise2019-11-12
  2. "Working at TransferWise"

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

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

    Pros

    Great people, collegiate team, work ownership, great remuneration, team support, great work/ life balance.

    Cons

    I don't have any cons!

    TransferWise2019-11-05

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