Wise Employee Reviews about "autonomous teams"

Updated Oct 28, 2021

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Found 51 of over 776 reviews

4.4
85%
Recommend to a Friend
90%
Approve of CEO
Wise CEO Kristo Käärmann
Kristo Käärmann
82 Ratings
Pros
  • "Flat hierachy, friendly work environment(in 71 reviews)

  • "TransferWise actually cares about its employees(in 68 reviews)

  • Cons
  • "Autonomous teams/complex structure can make things tricky to navigate(in 43 reviews)

  • "TransferWise is constantly changing and evolving to get better and you need to be constantly on high alert(in 42 reviews)

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    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    If you make 70k and your wife/husband makes 90k (pre tax), and you split all the bills/expenses evenly, but when it comes to rent/mortgage you want to split it based upon income %, would you do it or do you still keep everything 50/50? If split 50/50 then after all the expenses both people have, the one making 70k only has a few hundred dollars a month for spending money. If split % wise, then both partners have decent amount of spending money. Would like to hear everyone’s opinions, thanks!

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    Reviews about "autonomous teams"

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    1. 5.0
      Current Employee, less than 1 year
      Featured Review

      Great for people who loves ownership

      May 30, 2021 - Engineering Lead in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The engineering teams at Wise are empowered to make all sort of decision, they are always on the driver seat when it comes to product development and the roadmap. If you care about a cause/pain-point or whatsoever nobody can stop you from owning it and solving it (this is true even for non-engineering functions). Teams and people are very nice to work with and are respectful which makes collaborating a breeze. I think it's one of the best places for the people who want to own their career as you've complete autonomy over it.

      Cons

      Autonomy comes with responsibilities, you might initially find it hard to see the lines between the ownership of different functions, essentially a side-effect of autonomous teams, but with enough time/practice it's not that hard to get hold of.

      1 person found this review helpful
    2. 5.0
      Current Employee, less than 1 year

      Strong culture & leadership

      Oct 6, 2021 - Senior Analyst in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Wise is the first company where I've experienced analytics being a strong integral part of the company. In addition there is a strong vision of where we are trying to get to with the product. Every single person I've met at Wise has been smart, interesting and curious to learn. It is a super friendly and motivating environment to work in.

      Cons

      Autonomous teams are the best, but when starting out it will take some time to get to know all the teams and how to get your ideas moving.

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    3. 4.0
      Current Employee, less than 1 year

      Autonomous teams can be good and bad

      Sep 1, 2021 - Anonymous Employee in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Autonomous teams means you can cut through a lot of red tape and get things done more quickly - Hybrid working policy means you can work from (almost) anywhere in the world for 90 days a year

      Cons

      - Autonomous nature means the leadership team doesn't always take accountability for things that aren't going so well - Product and Engineering teams are king over other teams

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    4. 5.0
      Current Employee, less than 1 year

      Great if you want to work independently

      Jun 1, 2021 - Analyst in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Amazing people, everyone is really nice and welcoming - They make sure you are set-up for success and care a lot about the happiness and performance of their employees - Very flat hierarchical structure means you can make immediate impact - Work/Life balance is great - Autonomous teams mean you can choose what to work on and can focus on what's most impactful & interesting. - They're constantly working on improving and are aware of areas where things are not as good as they could be

      Cons

      Autonomous teams can have it's downsides. Certain processes are not owned by anyone in particular and can get lost. A lot of communication is needed to get certain things done which can be frustrating to some.

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      1 person found this review helpful
    5. 3.0
      Current Employee, more than 1 year

      Fine Environment, Nothing Special, Not Many Perks

      Feb 16, 2021 - Software Engineer in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Autonomous teams are good, but fairly ubiquitous in today's tech companies. The offices are nice and there is the yearly summer days event. The product itself is useful and the mission is admirable.

      Cons

      Questionable priorities that are not always transparent to the employees. Since COVID there hasn't been much support for working from home - a one-time £100 reimbursement for equipment does not go very far. Benefits vary widely between offices - New York employees receive 16 weeks paternity while for most other offices it is only 2-3 weeks. Management has been pushing teams to "not become complacent" at a time when a lot of employees are struggling.

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      5 people found this review helpful

      Wise Response

      People Team Lead

      Thank you for taking the time to leave this review. Lockdown has been difficult for all of us, but it’s particularly sad ro read that you feel Wise is not supporting the team through this. It’s definitely not what we want our people to feel and we can only get better by receiving feedback like this. I really hope you’ve felt able to voice your concerns to your Team Lead or a member of the People team. If you feel comfortable coming forward, I’m happy to have a confidential chat with you or I can connect you with another member of the People team. Feel free to reach out to me. Best wishes, Maire.

    6. 5.0
      Current Employee

      Great culture working with dynamic and intelligent people.

      Jan 25, 2021 - Diversity and Inclusion Lead in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Freedom to be creative and try things without fear of making mistakes Lovely people and supportive culture Friendly, open environment Great benefits with the stock options and paid sabbatical

      Cons

      Autonomous teams/complex structure can make things tricky to navigate The feedback culture can occasionally go too far

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    7. 5.0
      Current Employee, more than 5 years

      Once in a lifetime opportunity

      Jun 15, 2020 - Head of Team in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      TransferWise lives up to the hype. It's a unique chance to learn and make an impact in a business which is genuinely setting new standards in financial services. A few things that stand out for me: - The people are smart, decent, and there's a sense that doing the right thing is important in all aspects of the business. When People issues do crop up, they're taken seriously - Everyone is obsessed with the TransferWise mission from product through to CS. This helps unite the global team, and means the biz is focused on building good quality payments rails 'under the bonnet' of the product. Downside is the buzzy front end features other fintechs churn out take longer at TransferWise, because the team is more focused on incremental changes to making transfers faster, cheaper etc. Long term I think this investment is worth it - Most teams have clear structures for career development. Progression is based on merit, and in my experience hard work is rewarded - In most cases there is room to try new things and fail, as long as you demonstrate learnings - Everyone in the business is awarded share options, even at entry level - The founders and senior leadership team are hard working and committed to the mission 9 years on from the company being founded - It's a fun place to be! Annual company holiday, travel for most roles, typical beer and pizza style start-up parties. Lots of people relocate from overseas for TransferWise and make close friendships in the company

      Cons

      - It's not for everyone. The autonomous teams model requires you to be entrepreneurial to get things done. If you're not a self-starter you will find it hard to navigate the blockers inherent in the company's structure - There's a strong feedback culture which can get pretty noisy and be disheartening. It's a blessing and a curse, the right level of feedback leads to positive outcomes, other times it's overwhelming, unproductive and paralyses the people with the most expertise from doing their jobs - The company has some work to do on Diversity & Inclusion at leadership level. It's making up for this now but it could have been looked at sooner

      2 people found this review helpful
    8. 4.0
      Current Employee, more than 3 years

      Great place to work. Fast-paced and dynamic.

      Mar 9, 2020 - Anonymous Employee in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Amazing company culture. Everyone is friendly and supportive. Great feedback culture. Flexible working, employees are trusted. You get to work on a product that solves an actual problem and saves people money. Highly autonomous teams - you get to have more impact faster.

      Cons

      Hot-desking because there's never enough office space to accommodate intense hiring. Your growth and development is in your own hands, no clear career opportunities. Salaries are often lower than in other similar companies. Leadership struggles with ownership and accountability.

      1 person found this review helpful
    9. 5.0
      Current Employee, less than 1 year

      Fantastic company to work for!

      Jan 13, 2020 - Reward Specialist in London, England
      Recommend
      CEO Approval
      Business Outlook

      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.

      Continue reading
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    10. 2.0
      Current Employee, less than 1 year

      Definitely not a startup, good product , average engineering - suitable for less senior people

      Sep 19, 2019 - Senior Product Engineer in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Good location and offices - Relaxed environment (sometimes too relaxed) - Breakfast and other in office perks + weekly lunch. - Not so much pressure or reasonable pressure. (this leads though to a big percent of people to actually slack) - Strong product, the basic idea (the founding idea) is still driving the company that's why is a one of the dominant players on the sector of money transfer. - The company is making money, despite the previous rounds of funding is showing profits and this is making its strategic position even stronger.

      Cons

      - Not a startup, it feels like a mini bank in terms of prospects of work for any engineer. - The idea of autonomous teams is close to a joke, practically very few people internally believe in this, actually now is a problem. The amount spent to coordinate or create something is increasing - so the company feels like a slow moving traditional fin org. - No strong management for the engineering teams - the flat structure of Leads and Engineers is not working any more. - Territorial teams (not all of them but most of them), many of the early engineers of the company which in market standards would really find it difficult to find a job on the market - create a very defensive culture. - A large percent of the engineers are being credited titles that do not correspond to their actual skills. Senior engineers with real experience of what it could be best as Mid. - Extremely political, need to watch and avoid conflict with older and more senior engineers / leads. The engineering know how sometimes is based on hear say or people posting on slack random articles to prove their point (sign of inexperience) - Due to this chaotic sometimes way of working it is very common that some of the teams actually work more than others, but they are not been credited for it, again there is no good management.

      Continue reading
      23 people found this review helpful
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