TransferWise Reviews | Glassdoor.co.uk

TransferWise Reviews

Updated 14 Jan 2020

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4.6
91%
Recommend to a Friend
95%
Approve of CEO
TransferWise CEO Kristo Käärman
Kristo Käärman
196 Ratings
  1. "Awesome place to work"

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

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

    Pros

    - A lot of learning opportunities - Travel - Smart engineers around

    Cons

    - Work-life balance - Almost all engineers have "too much stuff to do"

    TransferWise2020-01-14
  2. "This is a good workplace."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Service Associate in Budapest
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    The job is very challenging which makes you more determined to do it well.

    Cons

    The opportunities to step up are very limited.

    Advice to Management

    None.

    TransferWise2020-01-13
  3. "Fantastic company to work for!"

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

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

    Pros

    Autonomous teams; means you can get stuff done, quick! Quarterly planning ; so you know what is happening and kept up to speed Fantastic benefits - work from home, flexible working, events, lunch, travel! Growise every 6 months to make sure your career is moving in the direction you wish. Intelligent, warm and friendly people to work with

    Cons

    I've been here for 6 months and have enjoyed everything about working here.

    Advice to Management

    Keep doing what you're doing!

    TransferWise2020-01-13
  4. ""Best place where to work""

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Crime Prevention EDD Specialist in Tallinn
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very open culture, people are friendly. Different events organized healthy food sessions, yoga sessions, Halloween/Christmas parties, summer days are great. If you want to take on more responsibility, you won't be stopped.

    Cons

    Mid-level compensation, it's the only one. I don’t have a major negative side to express.

    TransferWise2020-01-09
  5. Helpful (1)

    "Do not recommend"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at TransferWise full-time for more than 3 years

    Pros

    - There are opportunities to take on more responsibility if you wish - Some great colleagues in the lower ranks of the company and many people are friendly and helpful - Free fruit, snacks and drinks in the office

    Cons

    - Mission is a thin smoke screen. The real goal of the company is maximising profits and generating returns for founders and investors. - Compensation is poor. When working there it feels like the company aim is to pay employees as little as possible and save every penny possible. - CEO has not been honest and truthful to the employees about compensation. - Overall company is disorganised and badly managed. There have been a series of unsuccessful leadership hires and promotions what have been damaging and painful while the CEO is pretending that there is no problem.

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    Advice to Management

    Rebuild leadership team and hire top talent at C-level. Employee compensation has to be fair and based on merit.

    TransferWise2019-12-30
  6. "Working at TransferWise"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Support Associate in Tallinn
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I'm really happy to work in an international environment with such friendly people and amazing opportunities. The support from coworkers really makes my job interesting. It's a nice challenge to keep up with such a fast growing company!

    Cons

    There are a lot of updates that I need to keep up with - time management is important.

    TransferWise2019-12-30
  7. "The ultimate challenge for young, hungry fintech enthusiasts"

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

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

    Pros

    - Fast paced work environment teaches skills that may otherwise take much longer - Young people of promise are given a chance to take on important projects and ownership of tasks traditionally filled by older employees, in other companies - Opportunity to be be autonomous in achieving company goals - Opportunity to travel - Platforms to express ideas and discuss improvement areas - Opportunity to be involved in a fast-growing company that is pioneering a niche in the market - Dogs in the office - Working with highly talented and motivated people - Internal mobility to grow and change direction

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    Cons

    - Workload and pace can be a challenge for some. This is never going to be a walk in park, whatever position or team you work in - Building processes and systems as we go can mean those desiring a structured workload can struggle - Requires a lot of dedication on an individual level - A lot is expected from each employee. Will be difficult for those with lots of commitments outside of work

    TransferWise2019-12-27
  8. "Plenty of opportunity to grow"

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

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

    Pros

    Breakfast in the mornings (cereal, toast, avocadoes), free soda/coffee throughout the day. Team lunch ordered in on Fridays and open bar with beer/wine on Friday evenings. Plenty of events organized such as speakers, yoga sessions, comedy nights, Halloween/Christmas party, summer days are great.. If you want to take on more responsibility, you won't be stopped. Very open culture, people are friendly. Strong feedback culture, people will tell you if you're doing something wrong which is great for personal development. They will also tell you if you're doing something right. Not hierarchical at all (which isn't ALWAYS a positive when you need someone to do something for you..). Liberal work from home allowance. People team cares about the employees. Nobody checks what time you're in/out of the office. People are keen on you not working too much, very healthy approach to work-life balance.

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    Cons

    Mid-level compensation. Analyst career progression is very unclear. Analyst compensation motivation is very unclear. TransferWise analytics are not particularly rigorous, do not expect to develop more intense data science/stats skills on the job.

    Advice to Management

    Analyst career progression needs to be properly laid out, which I know is an ongoing project atm.

    TransferWise2019-12-18
  9. "Excellent learning environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Public Relations in New York, NY
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at TransferWise part-time for less than a year

    Pros

    Smart co-workers Helpful atmosphere Thoughtful, inclusive team

    Cons

    Lack of direction at times as they believe in 'autonomous teams' and self-starters People can work in silos

    Advice to Management

    N/A. I experienced fantastic management that was supportive and encouraging.

    TransferWise2019-12-18
  10. "Overall good for a start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Kyc Specialist in Tallinn
    Recommends
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    a lot of freedom and flexibility; in general young and very international team; cool offices with food, events, coffee. candies you name it

    Cons

    low salary, a lot of monotonous work

    TransferWise2019-12-04
Found 355 reviews