Betfair

  www.betfair.com
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Betfair Reviews in United Kingdom

Updated Jul 23, 2014
All Employees Current Employees Only

3.3 56 reviews

40% Approve of the CEO

Betfair CEO Breon Corcoran

Breon Corcoran

(20 ratings)

60% of employees recommend this company to a friend

Review Highlights

Pros
  • good people, great office in a decent location, ample staff perks(in 6 reviews)

  • There are some great people to work with (not always easy to find though(in 5 reviews)


Cons
  • takes too long to get anything done, too much turnover amongst senior members of staff and therefore no clear direction(in 5 reviews)

  • There is plenty to be desired from the HR as there are no career progression programs, and employees are rarely coached or mentored(in 3 reviews)

56 Employee Reviews Back to all reviews
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    • Culture & Values
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    A great learning experience

    Anonymous Employee (Former Employee) London, England (UK)

    ProsThe culture and atmosphere is very exciting; inclusive, vibrant and fast moving. You will get on at Betfair if you can stand on your own two feet, find things out for yourself and carve your own path. The benefits and salary are very competitive.

    ConsContinuous change and upheaval has left existing employees jaded. Even with a change in management the culture still feels very chaotic. A long hours and presenteeism culture still pervades even with the drive towards promoting work life balance and the need to work efficiently.

    Advice to Senior ManagementStick with a limited number of new organisational initiatives every year, or stop changing them. There have been various changes in strategy over the past few years which have been confusing to employees; hopefully the current strategy is now the correct one and is fit for the long term.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    1 person found this helpful  

    Good people, flawed environment

    Anonymous Employee (Current Employee)

    ProsDeeply invested in agile processes. Some very good, capable people. Good work both within and between teams (for the most part).

    ConsSome weak individuals at surprisingly high levels for such a generally good company. Poor corporate structure for technology delivery, split between two CxO's.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Disapproves of CEO

     

    Sold its soul when floated and turned staff into robots

    Market Operator (Former Employee) London, England (UK)

    ProsLots of great, committed people in my department creating very friendly atmostphere.
    Getting the days off/shifts you wanted (within reason) was generally fairly easy as long you planned ahead.
    Relaxed policies towards internet use and watching sport/television in office helped create a relaxed atmosphere and made quiet periods more enjoyable.

    ConsUnsocialble hours with absolutely no reward for working them. Working Xmas day didn't even get time and a half.

    Career progression/promotion is totally unfair and based on location and making sure the department flow chart doesn't get messed up. Because my department had a group of loyal people who stayed for 8-10 years, very few positions to get promoted opened up in the London office. Instead of changing the flow-chart they decided to let some brilliant, talented staff be held in their starting role and wasted for 5-10 years while someone could join the Stevenage office and get promoted to team lead within months simply because the flow-chart opened up in that office.

    The market management console got outdated very quicky and upgrades were woefully slow in coming. If there was a workaround then according to managment it didn't need upgrading, even if it meant a task which should take seconds could take an hour.

    Had fabulous staff events when I started in 2003, summer & Xmas parties, all you can drink racedays/golf days, after work drinks/parties for individual departments. Pretty much all of these disappeared as time went on to the point where they didn't even have a Xmas party the year before I left.

    Advice to Senior ManagementBetfair was the one company in the gambling industry with a genuine unique selling point. Now it's just becoming another dime-a-dozen sportsbook. Floatation came and as a result staff came last in their concerns, it was all about satisfing the shareholders. Slashing the workforce and pay rates so that Betfair fell into line with industry standards means loyalty and satisfaction amongst staff was gone by the time I left.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Approves of CEO

     

    Changing for the better

    Anonymous Employee (Current Employee) London, England (UK)

    ProsHuge appetite to change and shrug off some of the complacency of the past. Recognition that it operates in an incredibly tough and competitive market, and that only the fittest will survive. Growing a culture of continuous improvement and excellence. Truly international company with an engaged workforce in London, Dublin, Portugal, Gibralta, Malta, Romania and the US, as well as many other locaitons.

    ConsThere's so much to do that it is not easy to tell what is most important. Needs very clear direction from the top to make sure the right priorities are established.

    Advice to Senior ManagementContinue to share the vision for the company with the employees in as much detail as possible. Don't assume they aren't interested - there is a real thirst to know how Betfair will win.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great place to work, pity about the redundancies

    Software Developer (Former Employee) London, England (UK)

    ProsIt's commitment to continuous delivery, automated testing and other processes that make a software engineer happy, like fast-paced agile process and code quality standards.

    ConsThere were redundancies of 10% of IT after my first year working there, during which they asserted that next year there would not be any more redundancies. Next year there were redundancies of 50% of IT. A lot of work is moving to Romania and Portugal now. The company had some great people working for it that now work elsewhere.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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    They look after staff

    Anonymous Employee (Former Employee)

    Prosflexible with commitments, no problems booking time, fun

    Consnone that come to mind really

    Yes, I would recommend this company to a friend

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    It was very short as Betfair was going through a period of downsizing

    CRM Manager (Former Employee) London, England (UK)

    ProsThe people where quite friendly and the culture is relaxed.

    ConsDuring the specific period, I felt there was no clear structure or career path. Also there was a lack of communication between upper management and the rest of the company.

    Advice to Senior ManagementTry to empower people, share your plans and vision in a clear and honest way.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Disapproves of CEO

    1 person found this helpful  

    The Boat Is Sinking

    Customer Service Agent (Current Employee) Stevenage, England (UK)

    ProsGood hard working and Intelligent People

    ConsToo many managers:Too much politics:No promotion prospects:

    Advice to Senior ManagementYou are dealing with people - not robots::

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Great place to work

    Senior Developer (Former Employee) London, England (UK)

    ProsSuper intelligent people, you can learn a lot, great platform and good technology mix. Very open environment, free beer on fridays

    ConsCommercial pressures, more jobs cut, lack of general direction, less activity now a days generally compared to competition

    Advice to Senior ManagementNot sure

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

    2 people found this helpful  

    Good money, bad management, gave up on investing in technology and technologists

    Tester (Former Employee) London, England (UK)

    ProsBetfair used to pay well, without actually knowing what their employees actually did day to day, as middle management was so dysfunctional.

    ConsNo longer a technology company - as stated by the new ex-Sportsbook CEO. Now only focused on outsourcing IT to cheaper countries and to a bunch of bad TCL programmers (the latter also slavishly used by the non-tech bookie competition: William Hill and Paddy Power).

    Advice to Senior ManagementIt was technology that made Betfair unique in the betting industry, so use it to innovate and build long term value. Copying William Hill and outsourcing everything possible to goose share prices isn't going to create any loyalty from your (former) customers.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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