TransferWise Reviews

Pros

Great team, steep learning curve, high responsibility

Cons

Constant change (might not be your thing)

Pros

Working on a real consumer problem with a bunch of smart and motivated people. There is a flat organisational structure where people are empowered to figure things out for themselves rather than being told what to do. Flexible hours and a relaxed environment allow you to be yourself.

Cons

Some teams work across offices which can be challenging for collaboration. Salaries are higher at other companies.

Pros

TransferWise has seen a very exciting growth over the past few years and the addition of a very excited pool of talent who are evangelical about the organisation. From a small startup 5 years ago, it has grown to 550+ people in Europe and the US with additional international locations and coverage being added. The company offers a very pleasant work environment with modern offices and "fun" facilities including relaxation...

Cons

The company still behaves like a small startup in many ways. Although this has a positive impact on the ability of the company to move fast forward and empowers staff to be independent thinkers and free to decide on their own KPIs, there are some teething problems encountered in the process such as the lack of central direction, interdepartmental communication and consistency. Furthermore the company has recently...

Pros

Really positive atmosphere in the office. Everybody has the same ambitions for the company and really strives to achieve them. No one feels themselves better than others.

Cons

Company is growing fast. I hope they will continue to keep their characteristics as a start up and their ambition to stop the bad exchange rate banks.

Advice to Management

Continue listening to all the ideas coming from everyone. This really differentiates this company to others.

Pros

High level of freedom and the ability to define and deliver your own destiny. Great, smart people. Open and honest culture. The opportunity to work on problems which have never been solved before.

Cons

Autonomous teams can sometimes mean lack of direction or inefficient scenarios. Can be overwhelming at times in terms of pressure and working hours. Missing a lot of common/basic benefits like pensions, health/dental care, sick pay, gym membership, death in service etc. I'm young but these are important and as the company now employees 500+ people these should really be provided.

Advice to Management

Company needs to sort out recruitment. Little direction or support even for strategically critical positions.

Pros

Free breakfast, free company holidays, free lunch on Fridays, flexible working.

Cons

Can take long for decisions to be made. No real benefits like a pension or private healthcare.

Pros

The best of working at TransferWise is the amazing people who I work every day, we choose smart and nice people that can help us build the best team to beat the traditional Banking industry

Cons

Work is really hard but salary is average

Pros

I feel sad for the people for whom TransferWise is their first employer, because it effectively ruins their lives - they will not want to work for any other company with less enthusiasm for their goal. The purpose of the company really unites the teams and creates a great atmosphere unlike anywhere else.

Cons

Like I said - the company culture and feeling of empowerment may haunt you forever. If there are any cons, its raising the bar so high. While you get enough perks in your job, it's not a company that lures you in with the promise of free lunches. If you're looking for a hefty benefits package, you shouldn't be looking at the start-up world anyway.