Travelex Reviews

Updated May 20, 2015
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4.0
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Anthony Wagerman
1 Rating

Pros
  • great working environment and a good place to start off at, easy to get a job there and esay work (in 6 reviews)

  • It is possible to work from home (in 2 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)

  • Senior management not so helpful (in 4 reviews)

More Pros and Cons

15 Employee Reviews

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  1. i like the working environment, deal with different ppl from all over the world

    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Travelex full-time

    Pros

    i like doing currency exchange, so much fun

    Cons

    chance of promotion is not that easy


  2. Travelex is the absolute best currency trading company in the world

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bank Note Trader in Louisville, KY
    Current Employee - Bank Note Trader in Louisville, KY

    I have been working at Travelex full-time (More than 10 years)

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Job security. People are always traveling, collecting and trading so If you do well, you will always be on the team. Great Benefits.

    Cons

    Most promotions are done from the outside

    Advice to Management

    Hire from


  3. Helpful (1)

    Travelex is an easy, relaxed, laid back type of environment.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Consultant in Elizabeth, NJ
    Current Employee - Sales Consultant in Elizabeth, NJ

    I have been working at Travelex

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    The company is pretty much laid back. The management is nice. The people are nice.

    Cons

    Foreign customers are annoying! Even some Americans can be really annoying.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Travel Money Advisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Travel Money Adviser in Manchester, England (UK)
    Current Employee - Travel Money Adviser in Manchester, England (UK)

    I have been working at Travelex part-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Small teams. Flexible working pattern. Good opportunities for earning an annual bonus. Opportunity to progress.

    Cons

    Unsocial working hours. Pay does not correlate with responsibility. Progression only if able to travel. Often short staffed at short notice.


  6. Helpful (1)

    "Great part time student job, but not a career".

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Travel Money Advisor in Swansea, Wales (UK)
    Former Employee - Travel Money Advisor in Swansea, Wales (UK)

    I worked at Travelex part-time (More than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Excellent line manager Once trained, the job is quite simple so minimum stress. In- bureau culture was great. Lovely work colleagues. Ability to work shifts to fit around studying. For a part-time student job, this was quite 'responsible' and looked great on a CV. Much better than other minimum wage part time jobs available for students. If you are looking for somewhere to work whilst studying/returning part time from maternity leave etc. this is a great place to work. Shifts finished by 8pm.

    Cons

    Very little career progression opportunities. Pay for full time was bad, plus if you were only part-time the bonus scheme worked against you. Senior management were on occasion, hypercritical and unprofessional. Job is very target driven and you will be named and shamed if you do not reach the required targets. Could be stressful when new in the job as you were left alone after not much training. Full timers tended to leave often so there was a constant stream of new recruits. You will be required to cover other stores which could include long travelling time. If you own a car and drive, you will be asked more often. (great if you want overtime, bad for work/life balance).

    Advice to Management

    Make targets realistic to motivate employees and work to encourage people to stay longer.


  7. Awesome and fun workplace

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Network Analyst in Mumbai (India)
    Former Employee - Network Analyst in Mumbai (India)

    I worked at Travelex full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Lots of technologies to work on. Line mangers are very supportive. Good appraisal and yearly bonus.

    Cons

    The organisation has significantly grown larger but some employees and management still behave like working in a small firm with no proper work ethics n personal behaviour.

    Advice to Management

    Please review inter-personal and logical skills of employees at the time of interview. Process should be followed as the organisation has grown and ad-hoc work can only result to a chaotic workplace.


  8. Helpful (1)

    Salary

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Travelex

    Pros

    Good working environment with managers who are interested in how you are getting on.

    Cons

    The targets can be quite overly ambitious


  9. It was good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Consultant in London, England (UK)
    Former Employee - Sales Consultant in London, England (UK)

    I worked at Travelex full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    apparently most good people are employed by travelex

    Cons

    higher management is not worthy, too much to do for too less in return

    Advice to Management

    Start looking after your staff who looks after your customers and your bank balances


  10. Overall positive experience, but obvious downsides from not being at the head office.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Manager in Toronto, ON (Canada)
    Former Employee - IT Manager in Toronto, ON (Canada)

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Interesting projects. Good work/life balance. I had a great team and fairly decent managers.

    Cons

    All decision making comes from the HQ in the UK, so getting something done in the Toronto office can be rather challenging. Career opportunities in the Toronto office are very limited. Overall fairly low salary brackets. I saw 3 CEOs over the course of 4 years, but with Peter Jackson staying more or less permanently, should be better now. IT strategy focusing on using vendors rather than in-house teams, produces inconsistent results.

    Advice to Management

    Spend more time on the overall strategy. Treat in-house teams as valuable assets not just "cost of doing business" they will be a lot more productive.


  11. Awesome Experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Consultant in Sydney (Australia)
    Current Employee - Sales Consultant in Sydney (Australia)

    I have been working at Travelex part-time (Less than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Working at Sydney international airport as a foreign exchange consultant was a great experience. You were given over $100K in money as well as crucial exposure to KPI's and being very detail orientated. The remuneration is also very attractive. Great people and good learning environment. Perfect for any university student.

    Cons

    The job has 2 permanent sets of hours 4.45am-12.45pm or 12.45pm-8.45pm. Both aren't particularly good, but as I said before. If you need solid work XP than this is the place.

    Advice to Management

    .



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