Evolution Money Reviews

4.0

76% would recommend to a friend

(83 total reviews)
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Steve Brilus

81% approve of CEO

73% positive business outlook

Evolution Money has an employee rating of 4.0 out of 5 stars, based on 83 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Evolution Money employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

83 reviews
1.0
11 May 2018
Recommend
CEO approval
Business outlook

Pros

None . There are no pros if you enter the company at a lower level

Cons

Call centre, battery chicken environment. You have to clock in and out for any breaks, lunch or even going to the bathroom. I lasted two weeks. I couldn’t bring myself to attend that hell hole

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Evolution Money Response
8y
Thank you for taking the time to give us your feedback. We would like to understand more about your experiences so that we can improve things for the future. Please email us at jane.fletcher@evolutionmoney.co.uk
1.0
12 Jun 2019

Dictatorship

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

None, please read the cons

Cons

My time at Evolution was miserable. Management with nothing better to do will walk around the office shouting at people that have snacks, no lids on cups, wearing the wrong thing etc. If you are seconds late you'll be made to stay late and every minute has to be accounted for from toilet breaks, meetings with your manager and if you go over, you are shouted at. Everything is analysed! Very strict dress code even dress down on a Friday has a lot of rules. There are rules for everything and you are given a tiny locker as your desk can have NOTHING on it and if your things dont fit in your locker, you are told to bring less stuff in. If you go shopping at lunch, the only option is to leave your bags in the kitchen as you dont have drawers and cant put anything near you. This bag will be hidden by management! You have to put your coat in one of 2 tiny wardrobes that stink and are located at opposite ends of the office. Coats are constantly damaged. Everywhere has CCTV and management are constantly watching everything looking for any excuse to shout at you. No food at your desk, phones are top secret and made to be locked away. If you are stood up talking to someone, management will instantly come over and want to know why you're out of your seat! Benefits are non existent and they constantly are looking for excuses to deduct money from you from commission to dress down money that actually funds the management drinks, money taken if you are off sick then get interrogated on your return. Nights out are great, always a punch up between staff. Dont believe the good reviews on here, they are from management that are unqualified with no experience and cant get the wages elsewhere, they try and brainwash you to make you think this is normal working environment. It's not!

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Evolution Money Response
6y
Thank you for taking the time to give us your feedback. You’ve touched on quite a few things here, so this response is necessarily quite long. Like any workplace, we do need to have rules in place. While they may sometimes feel restrictive, there are important reasons behind these rules. We are proud of our professional standards. As you know, we are regulated by the FCA and must comply with a variety of regulations including Data Protection. These rules exist for the security of our customers, which is paramount, and to ensure customers are treated fairly. Our first obligation is to our customers and we require our teams to keep customer best interests at the heart of what we do. Keeping personal mobile phones in lockers, away from areas where customer personal data is processed, is a standard measure in the Financial Services industry. CCTV is also part of the data security measures rightly required of us. Our clear desk policy also protects customer data, removing the potential for paper to be misplaced or misdirected, as well as ensuring our working environment is clean, tidy, professional and pleasant to work in. We provide a kitchen and break room for all staff with microwaves, dishwashers, fridges, free tea and coffee and computers for personal web use. We want our staff to relax and enjoy their breaks. We believe it’s important to spend time away from your desk while on your lunch breaks, rather than trying to multitask. Our customers deserve the best level of service, which means giving them our full attention. Keeping food away from working areas also helps desks stay clean and clear. We care about the health and safety of our staff, which is why we provide cups with lids to prevent spills and accidents. We’re proud of our modern, well-appointed offices in Manchester City Centre and we want them to stay that way. We’re working on improvements such as introducing recycling facilities to make our business more sustainable, a suggestion from our staff through our employee forum. Our Concierge Lynne is a very important part of our team here. She looks after our staff by running errands for them, ensuring they can make the most of their breaks. Each week she walks an average of 36 miles collecting coffees, taking parcels to the post office, picking up shopping items and lots of things besides. It’s great to know there’s someone to send back your online shopping returns so you don’t need to worry about it yourself. We do ask our staff to wear business dress Monday to Thursday and maintain a minimum standard regarding their attire each Friday when we dress down. We believe that a smart appearance builds a respectful and professional environment. However, by traditional standards our dress code is classed as Business Casual, we don’t expect our staff to wear suits or ties. Staff who take part in our weekly dress down days contribute £3.50 per month to our staff fund, participation is optional. Half the money collected goes to support charities nominated by staff each month, along with additional money we raise through our charity days. We’ve listened to our staff and introduced more charity fundraising events and collections such as the quarterly Food Bank collection. The remaining money is spent on some of the social events that are open to all staff to attend. This money is never used for functions restricted to certain teams or levels of seniority. We’re a sociable bunch and the company fully funds additional events including our Christmas Party. We provide all our staff with pension contributions that are above average for a company of our size, a Healthcare Cashplan (premiums paid) and life assurance. We give staff their birthday off every year and three extra days if they get married, in addition to an annual leave entitlement of up to 25 days plus bank holidays. We operate a cycle to work scheme, a payroll giving scheme and hold wellbeing events including free in-work massages, mindfulness sessions and healthy cookery workshops. Plus the little things like the baskets of chocolate and treats to share out at Easter. We’re disappointed to hear that you didn’t enjoy your time at Evolution Money and would like to understand more about your experiences. Please contact our HR team to discuss this further at HR@EvolutionMoney.co.uk
1.0
6 Apr 2019
Recommend
CEO approval
Business outlook

Pros

City centre location, small company so easy to solve problems fast

Cons

The company is a small/medium size and lacks spending power. During my time the company actually got worse, not better. The management change things every month such as lending criteria commissions and job role which is a real headache. There is a lack of resources at the company and there is not enough training. Once you have your induction, you are unlikely to have further training. Many people get lied to at interviews with regards to potential earnings and the job role itself

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Evolution Money Response
6y
Thank you for taking the time to provide feedback. We’re a growing, agile business and you’ve touched on some interesting elements of what being a fast-paced environment means. Many businesses say they are fast-paced, but we know that we really mean it! Remaining lean and responsive means we ask our staff to adapt to rapid change. We acknowledge that roles here require flexibility. This can be exciting and challenging. As you mentioned our teams are able to instigate real change. We believe this is great for personal development. Providing access to the right coaching is one of our principles of success, the 4C’s. We would like to know more about where you feel we could make improvements. Please email me at jane.fletcher@evolutionmoney.co.uk to discuss this further.
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Glassdoor has 86 Evolution Money reviews submitted anonymously by Evolution Money employees. Read employee reviews and ratings on Glassdoor to decide if Evolution Money is right for you.