TransferWise - Definitely not a startup, good product , average engineering - suitable for less senior people | Glassdoor.co.uk
  1. Helpful (16)

    "Definitely not a startup, good product , average engineering - suitable for less senior people"

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

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

    Pros

    - Good location and offices - Relaxed environment (sometimes too relaxed) - Breakfast and other in office perks + weekly lunch. - Not so much pressure or reasonable pressure. (this leads though to a big percent of people to actually slack) - Strong product, the basic idea (the founding idea) is still driving the company that's why is a one of the dominant players on the sector of money transfer. - The company is making money, despite the previous rounds of funding is showing profits and this is making its strategic position even stronger.

    Cons

    - Not a startup, it feels like a mini bank in terms of prospects of work for any engineer. - The idea of autonomous teams is close to a joke, practically very few people internally believe in this, actually now is a problem. The amount spent to coordinate or create something is increasing - so the company feels like a slow moving traditional fin org. - No strong management for the engineering teams - the flat structure of Leads and Engineers is not working any more. - Territorial teams (not all of them but most of them), many of the early engineers of the company which in market standards would really find it difficult to find a job on the market - create a very defensive culture. - A large percent of the engineers are being credited titles that do not correspond to their actual skills. Senior engineers with real experience of what it could be best as Mid. - Extremely political, need to watch and avoid conflict with older and more senior engineers / leads. The engineering know how sometimes is based on hear say or people posting on slack random articles to prove their point (sign of inexperience) - Due to this chaotic sometimes way of working it is very common that some of the teams actually work more than others, but they are not been credited for it, again there is no good management.

    Continue reading
    TransferWise2019-09-19
  1. "Compliance"

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

    I have been working at TransferWise full-time for more than 3 years

    Pros

    Strong compliance program, collaborative work environment, high opportunity for self- and career development, smart coworkers with great personalities

    Cons

    Not really a con, but I'm required. Environment is fast-paced--mastering work requires subject matter expertise, good problem-solving skills, great communication skills, instinct for process development, and facility for relationship building. Challenging, but very engaging and fun.

    TransferWise2020-01-23
  2. Helpful (1)

    "Good benefits, but don't motivate their employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Compusa in Tampa, FL
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Health insurance, stocks, PTOs, free food (snacks and lunch - once a week)

    Cons

    Bad salaries, horrible management, full and noisy office

    TransferWise2020-02-03

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