Wise Employee Reviews about "work environment"

Updated Aug 23, 2021

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Found 57 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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    Tax Associate

    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 "work environment"

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    1. 5.0
      Current Employee, more than 1 year

      Fantastic place to work

      Jul 23, 2021 - Anonymous Employee in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      A fun and welcoming work environment where employees are given support and autonomy to develop. Everyone very aligned and engaged on company's mission. Challenging and varied work.

      Cons

      Autonomy can be a downside - you need to be very proactive and good at cross-team working to make things happen.

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    2. 5.0
      Current Employee, more than 1 year

      Very good place to work

      Feb 12, 2020 - Senior Recruiter in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Autonomous work environment, people who more often than not share a common goal and to get to be part of building a product that most costumers absolutely love and that genuinely help people around the world save lots of money

      Cons

      The very high level of autonomy can lead to teams at times acting selfishly. As long this is managed properly, there are ways to make it work but working this way is not for everyone

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    3. 5.0
      Current Employee, more than 1 year

      Great company to work for

      Sep 25, 2019 - Marketing Manager in London, England
      Recommend
      CEO Approval
      Business Outlook

      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

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    4. 4.0
      Former Employee, more than 1 year

      Great people, needs structure

      Jul 8, 2019 - Anonymous in London, England
      Recommend
      CEO Approval
      Business Outlook

      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

      2 people found this review helpful
    5. 5.0
      Current Employee, less than 1 year

      Great environment, benefits and responsibility

      Jun 24, 2019 - Recruiter in London, England
      Recommend
      CEO Approval
      Business Outlook

      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! :)

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    6. 5.0
      Current Employee, less than 1 year

      A great company to work for

      Apr 2, 2019 - Analyst in London, England
      Recommend
      CEO Approval
      Business Outlook

      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.

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    7. 5.0
      Current Employee, more than 1 year

      Great company with great culture

      Sep 21, 2018 - Product Manager in London, England
      Recommend
      CEO Approval
      Business Outlook

      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.

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      2 people found this review helpful
    8. 5.0
      Former Employee, more than 1 year

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

      Aug 12, 2016 - Product Manager in London, England
      Recommend
      CEO Approval
      Business Outlook

      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.

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      2 people found this review helpful
    9. 4.0
      Current Employee, more than 1 year

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

      Feb 2, 2016 - Anonymous Employee in London, England
      Recommend
      CEO Approval
      Business Outlook

      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.

      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.

      20 people found this review helpful
    10. 5.0
      Current Employee

      Amazing opportunities

      Jun 9, 2015 -  in London, England
      Recommend
      CEO Approval
      Business Outlook

      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

      Cons

      - Lots of meetings, especially via Skype with remote offices

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      1 person found this review helpful
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