Travelex Reviews

Updated October 3, 2014
Updated October 3, 2014
64 Reviews
2.3
64 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Peter Jackson
23 Ratings

Review Highlights

Pros
  • great working environment and a good place to start off at, easy to get a job there and esay work (in 5 reviews)

  • Cannot really think of any, experience in Foreign Exchange is the only Pro I can think of (in 3 reviews)


Cons
  • Working hours are not regular and make it difficult to plan anything outside of work; work-life balance is poor (in 3 reviews)

  • Low pay especially for responsibly (in 3 reviews)

More Highlights

20 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    overall good for what i needed it for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at Travelex full-time (more than an year)

    Pros

    lots of overtime, monthly bonuses when goal is made

    Cons

    can take up a lot of personal time, management had a lot of last minute communications, you might be required to work long shifts alone at a store while being told they will hire someone,

    Advice to ManagementAdvice

    more communication, more pay for the responisbilty gived

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Glorified bank teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Consultant
    Former Employee - Sales Consultant

    I worked at Travelex full-time (more than 3 years)

    Pros

    There are always interesting people to meet, since they're either coming from or will be going abroad. It's also pretty neat to see currency from other countries.

    Cons

    Exchange rates are in no way competitive, so this service tailors mostly to people who don't know that their bank can get them foreign currency or who waited to the last minute to get what they need. It's just like any other sales job, where the wrath of the customer gets unleashed at you instead of at the corporate mucky-mucks who determine the prices and fee structure.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Resume building boredom at Travelex

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Consultant in Natick, MA
    Current Employee - Sales Consultant in Natick, MA

    I have been working at Travelex part-time (more than an year)

    Pros

    Great for resume if you want to transition to another cash handling job

    Cons

    boring, boring, very boring, very very boring

    Advice to ManagementAdvice

    none

    Recommends
    Negative Outlook
    Approves of CEO
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  5.  

    High management turnover, pay increases are very small

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consultant
    Former Employee - Consultant

    I worked at Travelex part-time

    Pros

    Easy work, not too stressful, friendly coworkers/management

    Cons

    High management turnover, VP and RSDs are always pushing for unrealistic sales

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Consultant in Charlotte, NC
    Current Employee - Sales Consultant in Charlotte, NC

    I have been working at Travelex part-time (less than an year)

    Pros

    Interesting work, it is different everyday

    Cons

    No benefits, no benefits, no benefits

    Advice to ManagementAdvice

    How about some benefits or incentive to stay here. I'm sure turnover is high.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Travelex

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Travelex

    Pros

    competitive benefits, management is putting more effort into making a better work environment.

    Cons

    no clear direction/management. Penny wise and pound foolish. There's internal struggles between departments (have a cover your ass mentality). The company seems to prefer hiring outside the company instead of promoting/rewarding their good employees.

    Advice to ManagementAdvice

    Improve the office culture and communicate the direction of the business to the whole company.

    No opinion of CEO
  8.  

    Good People, Senior management is not good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Dev Lead in Mumbai (India)
    Current Employee - Software Dev Lead in Mumbai (India)

    I have been working at Travelex full-time (more than 8 years)

    Pros

    MNC Culture
    No delay in Salary payments
    Various Bonus scheme

    Cons

    Unachivable targets set by higher management
    Unprocessed area and very slow progress in process adoption
    Head of department is filling his own men in different areas of senior management
    No rewards and recognition for Hard working and dedicated people.
    Only talking tom get rewarded.
    Less salaries compare with Market
    Contract employees are values than full time resources.

    Advice to ManagementAdvice

    Start Valuing old resource before pampering new people.
    Start thinking in professional way, wasting lots of cost in unwanted contractors in various projects, who are doing nothing and not adding any values.

    Doesn't Recommend
    Neutral Outlook
  9.  

    Slow

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Travelex

    Pros

    Good training, Well organized structure

    Cons

    Poor hours, Too few customers, Repetetive workload

  10.  

    review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Travelex full-time (more than 5 years)

    Pros

    Great work culture and people

    Cons

    Poor management and pay scalaes

    Advice to ManagementAdvice

    be practical

    Recommends
    Neutral Outlook
  11.  

    Good Growing company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer in Mumbai (India)
    Current Employee - Software Developer in Mumbai (India)

    I have been working at Travelex full-time (more than an year)

    Pros

    Good working environment
    Flexible timing
    pay is good upto market level

    Cons

    Not too much to explore
    limited role and responsibility

    Advice to ManagementAdvice

    Encourage employees to take on greater role and reward not only monetarily but give them post hike too.

    Recommends
    Positive Outlook
    Approves of CEO

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