R3 Reviews

3.4

56% would recommend to a friend

(5 total reviews)

David Rutter

45% approve of CEO

33% positive business outlook

Reviews by job title

5 reviews
5.0
7 Mar 2024
Recommend
CEO approval
Business outlook

Pros

I've worked at R3 for the past 4yrs. A company is only as good as its people, and I'm fortunate to have worked with so many wonderful, kind, and knowledgeable people. My current team are well respected and my manager is a true leader. The opportunities to earn, develop, learn and grow at R3 are huge! And the other teams in the organisation all work together well with minimal friction. I wouldnt have stayed this long at a company if it did not do the following: increase my earnings, progress on a careerpath, provide flexibility & a good work life balance. R3 has done all of these and more for me and I see myself staying and growing in this organisation

Cons

as with all startups in fintech there are ups and downs. My personal experience has been overwhelmingly positive.

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R3 Response
1y
Thank you so much for the positive review! We are thrilled to hear that your experience over the past four years has been so positive and fulfilling. It's wonderful to know that you feel supported by your team and manager and have found so many opportunities for growth and development at R3. We’re especially glad that we've been able to contribute to your career progression and work-life balance. Your commitment to R3 means a lot, and we truly appreciate you for being such a valuable part of our team!
5.0
1 Apr 2022
Recommend
CEO approval
Business outlook

Pros

If you are looking to work for a company with inspiring founders and some great engineers, and want to build interesting software and solving great challenges, then this is a great place to work. Sometimes it's hard work, but the team is friendly, the culture great and it means a good work/life balance.

Cons

I think R3 is scale-up size, which means we're still trying to figure out how to grow. This means if you are looking for a job where you are told exactly what to do and how to do it, this isn't the right place. You will need to find your own place and challenges, and when you do, you are rewarded for it.

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R3 Response
3y
Thank you for taking the time to leave your thoughts. We're so glad you enjoy working with us. We're very proud of our culture, and of the fact that we all have the chance to shape it. It's great to have you on board with us.
2.0
14 Jan 2021
Recommend
CEO approval
Business outlook

Pros

It is a good stepping stone to better opportunities HR looks after their employees well. Expect to be treated well in terms of PTO, sick leave and working from home. They are very accommodating.

Cons

Politics is strangling the entire company, but especially notable in engineering. Some senior leaders disagree with each other so much that they refuse to work together. Some great engineers - some of the best in the industry - but few if any competent engineering managers. Again, relates to politics above. Engineering managers tend to be either ineffectual or toxic. Career direction and growth is the biggest negative - there is none, and this is related to politics above. If a senior leader likes you, your career will go places. If not, they will lie to your face, tell you that there are no opportunities available in the team that you want to join, and then continue to hire for that team. They used to allow people to move around, but it looks like this is being stopped. Last year I was told that engineers needed to stay in one engineering team for 3 months before being allowed to request a move. 3 months later, I was told that the deal had changed, and now staying in a team was expected to be permanent, with few exceptions. Combined with the fact that you can be reassigned to a new team, without being consulted first, and then be unable to request a move, its a recipe for disaster. Again, combined with politics above, means, if you are considering joining R3, you better hope you get lucky. If you get lucky and join a great team, you'll love it. If not, you'll hate it. Important: don't accept an offer unless you like the team you are going into, and don't accept an offer if they don't tell you what team it is. Don't stay at R3 longer than 2 years - your salary growth will stagnate. I've now been at R3 and am looking to leave, and every recruiter that I've spoken to says I can get a 30% raise. Not 5%, not 10%, but 30%. That is how underpaid I am, and this is just after the raise cycles. Look what the Chief People Officer says about this, on this very website: "Unfortunately, 10% pay increases every year are not feasible based on our view of the industry". This quote is from another review on this website. Not "we pay people what they are worth". Not "we look after our best performers". Just we won't give you the pay increases that you deserve, and you have to go elsewhere to get them. In summary: join R3 if you have between 0 and 5 years of experience. Stay for 2 years. You'll learn a lot, and you will be worth a lot more after that. Just don't expect this to be a 5 year company - not only is there no career growth, but there is no salary growth either. I am on my way out and cannot wait to be out.

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R3 Response
5y
Thank you for taking the time to leave us your feedback. We’re glad to hear you feel we take care of our employees - R3er wellbeing is so important to us! We’re disappointed to read you haven’t enjoyed some of your time here. At R3, we encourage internal mobility as a form of career development- giving R3ers the chance to bring new skills to different positions. Employees are advised to discuss their develop and drive to move internally with their manager for transparency and we’re sorry to hear you feel an internal move wasn’t available to you. We did discuss your comments with Chief Engineering Officer, and although movement and re-organisations are a function of a Companies’ growth, he does acknowledge this might mean we can’t move people as readily as we might once have done as we grow. We always encourage any R3er to speak with your Leader or Division head about these things to find a resolution. Regarding your comments on salaries, we strive to reward R3ers fairly for their contribution. We invest in benchmarking our industry salaries throughout the year, and 30% pay increases for regular performance is anomalous. Outstanding performance or promotions aside - rarely does the job market move so much we see this. This year we paid merit increases and bonuses based on Company and individual performance. If you would like to discuss any of the above in more detail, please reach out to the People team directly.
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