TransferWise "work environment" Reviews | Glassdoor.co.uk

TransferWise Employee Reviews about "work environment"

Updated 27 Dec 2019

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4.6
91%
Recommend to a Friend
95%
Approve of CEO
TransferWise CEO Kristo Käärman
Kristo Käärman
200 Ratings
Pros
  • "Fast paced work environment teaches skills that may otherwise take much longer(in 43 reviews)

  • "Great people that you get to work with(in 21 reviews)

Cons
  • "The "autonomous teams" has its downfalls too - mainly the communication between teams during different projects(in 23 reviews)

  • "Cross-team efforts are not so easy to coordinate as all teams are autonomous(in 8 reviews)

More Pros and Cons

Reviews about "work environment"

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  1. "Great company to work for"

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

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

    Pros

    - Comprehensive onboarding - Flexible work environment - Freedom to do what you can do best - Overall team is full of humble people who believe in the company's mission

    Cons

    - Some fluctuation as its normal in start-ups

    TransferWise2019-09-25
  2. Helpful (2)

    "Great people, needs structure"

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

    I worked at TransferWise full-time for more than a year

    Pros

    - People really care about customers and the product - Very diverse range of people - Really positive work environment - Very flat structure and good support

    Cons

    - Little financial expertise - Quite an immature work environment - Different teams working on competing goals/tasks

    TransferWise2019-07-08
  3. "Great environment, benefits and responsibility"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Recruiter in London, England
    Recommends

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

    Pros

    * Amazing people * Great working environment and lots of flexibility * Perks and Friday lunch are great * Everyone genuinely cares about your ideas and thoughts * Love the autonomous team culture * Travel opportunities * Variety of products to disrupt different markets * Opportunities to grow and develop

    Cons

    Cannot think of any - Keep the great work! :)

    TransferWise2019-06-24
  4. "A great company to work for"

    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

    Great culture and working environment, incredibly smart people to work with and learn from. Support to develop and grow, numerous opportunities to take initiative. Very strong mission that is more just buzzwords.

    Cons

    Due to how fast the company is growing, there are issues with lack of available free (permanent) desks and meeting rooms. Cross-team efforts are not so easy to coordinate as all teams are autonomous.

    TransferWise2019-04-02
  5. Helpful (2)

    "Great company with great culture"

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

    I have been working at TransferWise full-time for 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.

    TransferWise2018-09-21
  6. Helpful (1)

    "Have impact at a company that cares"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    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

    TransferWise2018-08-21
  7. "Product Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    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

    TransferWise2018-08-14
  8. Helpful (2)

    "A great company to work for knowing you are building something that people love"

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

    I worked at TransferWise full-time for more than a year

    Pros

    It's a mission driven company, and you can hear that listening to the founders words on a daily basis. Great working environment, flat hierarchy, talented colleagues, travel opportunities. It's also a great name to have on your CV.

    Cons

    You need to know what you're doing from day one, receiving little guidance in the process. The flat hierarchy and autonomous team can result in a lack of clarity and vision.

    Advice to Management

    More structure and direction.

    TransferWise2016-08-12
  9. Helpful (20)

    "Great and exciting company to work for, good people, nice environment. Time to improve remuneration and benefits though"

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

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

    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 areas, pool tables, saunas, etc. The new Tallinn office even offers open air terrace space and gym facilities. Overall a very young employee force makes TransferWise a very exciting place to work. There is a very friendly and casual environment in all offices which makes the work day go by pleasantly. The recent financing rounds have shown how the company has attracted the attention of serious investors and throws a cast of positive outlook to the shares held by staff. The mission of the company itself is a disruptor to the industry and gives staff a "feel-good" sentiment about their job. TransferWise enjoys a very good name in the industry which of course makes it a very desirable company to work for. And yes, when it comes down to partying, TransferWise people know how to party. Plus there is a lot of talent and creativity around which have manifested themselves in the various company events.

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    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 embarked on a cost rationalisation campaign seeing a very drastic change to expense control, somewhat to an unreasonable level when it comes down to work related travel policies and company events (e.g. Christmas party, etc.) The area that needs the most improvement however is remuneration / benefits. Other than a base salary (typically lower than the industry) and share options (the future value of which in theory make up for the lower base salary) there are not other direct benefits such as private health / life insurance or pension plan. There are no salary reviews or any other provisions (performance, inflation or other) to adjust the initial base salary and share package, which is rather unfair. Holiday allowance is in line with the industry but nothing more and no provisions other than statutory are available for sick / family / bereavement leave etc.

    Show More
    TransferWise2016-02-02
  10. Helpful (1)

    "Amazing opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in London, England
    Recommends
    Positive Outlook

    I have been working at TransferWise

    Pros

    + Truly autonomous work environment, with the freedom and flexibility to pick your own challenges to work on, proactively identify and execute new projects, and be trusted to make your own decisions. + Free breakfast + Company holidays + Amazing colleagues who are more than happy to share their experience and teach you new things + A real sense of company pride and common values + Every day is different + Very flexible working + Travel to international offices

    Show More

    Cons

    - Lots of meetings, especially via Skype with remote offices

    Advice to Management

    Keep doing what you're doing now even as the company continues growing.

    TransferWise2015-06-09
Found 43 reviews