TransferWise Reviews | Glassdoor.co.uk

TransferWise Reviews

Updated 21 September 2018
160 reviews

Filter

Filter

Full-timePart-time

4.7
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Kristo Käärman
30 Ratings

160 Employee Reviews

Sort: PopularRatingDate

Pros
  • "You get to work with great people, everybody seems to be very focused on the company's mission and keeping it a great place to work" (in 12 reviews)

  • "Fun work environment and you work with only the best people :)" (in 12 reviews)

Cons
  • "Autonomous teams have led to a fragmented product experience as new offerings have been added" (in 11 reviews)

  • "Lots of stress due to lack of ownership and unwritten rules to be followed" (in 3 reviews)

More Pros and Cons

  1. "Great company with great culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Manager in London, England
    Current Employee - Product Manager in London, England
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at TransferWise full-time (More than a year)

    Pros

    * Amazing working environment. TransferWise has by far the best corporate culture you'll ever find.
    * Great mission and great attention to customer.
    * Just such a great working environment. Super nice people everywhere
    * Business is going great and sky rocketing

    Cons

    * Company going through some growing pains
    * Autonomous teams do more harm than good
    * TONS of engineering dept. Actually makes the company very, very slow at moving. Lots of outages all the time.

    Advice to Management

    Fix your engineering team.


  2. "Have impact at a company that cares"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time

    Pros

    - Open and transparent culture
    - Lots of opportunity to get involved and try new things
    - Short turnaround on features means you can have an impact immediately
    - Prioritisation is based upon data and value, not politics
    - A company driven by a mission to change things for its customers
    - Great smart people who care about each other
    - Great working environment with a lot of benefits

    Cons

    - Autonomous culture will not be a fit for everyone
    - Base salary is higher at some other places but you are compensated with stock

  3. "An inspiring work environment driven by a great mission"

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

    I have been working at TransferWise full-time (Less than a year)

    Pros

    - Amazing to be surrounded with such energy and intelligent, driven co-workers
    - Everyone lives for the mission of the company which is great and gives purpose for your work
    - Flexible working and great benefits
    - A very cool London office with free breakfast and a sauna!
    - Definitely for someone who is passionate about the mission and loves a good challenge

    Cons

    The dynamic, fast-paced nature of the business might not be suitable for everyone.


  4. "Product Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at TransferWise full-time

    Pros

    Great work environment with smart peoppl

    Cons

    Work hours can be unreasonable at times


  5. Helpful (1)

    "Time to start acting like a real company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at TransferWise full-time (More than a year)

    Pros

    - great people who are passionate about the mission
     - lovely offices
     - trusted to get your job done with flexible working conditionds
     - freedom to get the job done

    Cons

    - lack of any strategy or decision making by the 'leadership' team is starting to slow us down and
     - benefits and pay not keeping up with rest of London
     - no real chance to progress at careers, all about short term delivery as the only priority.

    Advice to Management

    Lots of great people have joined since the start of the year and they want to get on and help us move faster. But are held back my lack of decisions and any business strategy. You can't rely on all the new people to understand the history. It doesnt need to become a process heavy place but some leadership empowered to actually make decisions will help everyone.

    TransferWise Response

    7 Aug 2018 – Marketing Manager

    Hi thank you for your honest feedback, we're always keen to make sure our people can talk to us about opportunities for improvement and acknowledge the things that work well. Looking at your points... More


  6. Helpful (4)

    "Software Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in London, England
    Former Employee - Software Engineer in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at TransferWise full-time (More than a year)

    Pros

    - Great place to learn to build a product. Great place to work if you want to open your startup in the future.
    - Very flexible in terms of holidays, working remotely (from home or in trips anywhere around the globe)

    Cons

    - Apart from a few engineers, most are quite poor. Lots and lots of tech debt which is hard to pay up due to lack of concern for quality.
    - Low salary. Pays quite below the market

    Advice to Management

    Management needs to be more present in guiding the direction of teams


  7. Helpful (2)

    "Great place to unleash potential"

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

    I have been working at TransferWise full-time (Less than a year)

    Pros

    - Fantastic young, flexible culture to really help you develop (especially coming from a large financial organisation where I was previously)
    - Fast-paced, quick moving environment which keeps you on your feet with plenty to do.
    - Lots of opportunity to travel (within reason), which coming from an organisation which used to have travel bans, is so refreshing.
    - Great opportunity make an impact to actual customers. The customer is always the mission - and this focus never changes. You feel like you can actually transform a product to help customers.
    - Really good environment to work in. The office is great, people are super friendly and Friday lunch + drinks in London is great.

    Cons

    - Very young culture (perhaps if you are older - you may struggle to fit in culturally)
    - If you like structure, and process - this place isn't for you
    - No real clarity on career development. Not a deal breaker if you are new, but if you are the type of person who likes to have a long term career plan mapped out, you may struggle.

    Advice to Management

    More clarity needed around career development. Ensure we keep growing fast whilst keeping things fun.

  8. Helpful (1)

    "Excellent product and culture, needs to work salaries and guidance"

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

    I have been working at TransferWise full-time

    Pros

    Excellent product, solving a real problem. Tight focus on delivering positive customer impact, with autonomous teams able to work out what their goals and projects will be. The work/life balance is good, with flexibility to work how you need to.

    Cons

    Autonomous teams have led to a fragmented product experience as new offerings have been added. Management feel uncomfortable about stepping in to forcibly course-correct teams, worrying it will affect the perception of the culture. Salaries and benefits are 20% lower than market (especially for engineers).

    Advice to Management

    Salaries need to be aligned to actual market conditions. Stock options are far less, as the potential multiplier on value over next 4-5 years is far less than it was even two or three years ago.


  9. "Proud to be part of this revolution"

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

    I have been working at TransferWise full-time

    Pros

    Amazing and super talented colleagues who are willing to go the extra step. A
    great mission and mission oriented work, I am super passionate about the products, which is something super unique. Everyone is encourages to solve a problem that hasn't been solved yet and take the initiative.

    Cons

    The speed is quite high and the business is always changing (which for me is also a pro)

    Advice to Management

    better career plans


  10. "Awesome revolution to be part of"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time

    Pros

    Talented colleagues
    Great mission
    Challenging stuff to solve
    Product focused design and development

    Cons

    Very fast paced
    Self starters will thrive here


Showing 160 of 168 reviews
Reset Filters