Transaction Network Services

  www.tnsi.com
  www.tnsi.com
There are newer employer reviews for Transaction Network Services

 

Pretty good place to work - good work life balance but not on the cutting edge of anything

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Software Engineer in Dublin, Dublin (Ireland)
Current Employee - Software Engineer in Dublin, Dublin (Ireland)

I have been working at Transaction Network Services full-time (more than an year)

Pros

My hours are fairly casual, as in nobody is on my back if I arrive in 20 minutes late or I need an hour off during the day or work from home one day. My work load is pretty consistent, some days busy, some days less busy. Great experience, especially early in your career, a lot of good technologies that look good on your CV. There is scope to improve your job, nobody has ever asked me why I'm implementing new scripts or procedures as long as they make my day to day work easier.

They're usually good for paying for a few lunches during the month and a few work night outs during the year. There are some good benefits with health and life assurance. Not sure how much scope there is for career development but I think it's a good place to work for 2 or 3 years to get some experience on good solid technologies that will benefit your CV and learn some solid skills that a lot of employers will like.

In general I like working in TNS, I don't feel like I'm on the cutting edge or in a constantly frantic fast paced environment, which personally I'd rather than leaving each day stressed out. As said good place for a few years experience, I don't see myself working here for more than about another 12 to 18 months.

Cons

I'm reading reviews from 2 or 3 years ago about how the company needs to change it's brand and is constantly doing reorgs. Since I've been here (18 months) they've talked about how they want to change the brand and have done 2 reorgs in my department. Not sure where they're going with a long term plan, but I think since most of their customers are banks who move at a snail pace, maybe they're OK to continue with old services.

As an individual the pay is OK, not fantastic, I know I could get more elsewhere and will most likely do so in the next year. They don't have any bonus structure in place, you might get one if you're doing well, but nothing set in stone. Pay increases are OK, I suppose considering the current economic climate, anything is better than nothing.

Advice to ManagementAdvice

Have a better bonus structure in place. Don't make an employee have to fight for every penny. Not that either of these things are exclusive to TNS.

Let us know what your clear long term strategy is. After working here and reading the reviews I don't know where TNS is heading, all management ever say is that we're going to improve the brand and provide "sexier" services to customers. It seems you've been saying this for years now without doing a lot.

Recommends
Neutral Outlook

39 Other Employee Reviews for Transaction Network Services (View Most Recent)

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  1.  

    Merger of two companies (RI & TNS) with similar dysfunctions.

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

    I worked at Transaction Network Services

    Pros

    Ability to work on interesting and challenging projects for big clients.

    Cons

    Incredible lack of corporate self awareness. It's one thing to manufacture some hype in your marketing strategy, but it's another altogether when you start believing it without putting in the time, attention and effort to make it real.

    Advice to ManagementAdvice

    TNS is a boat floating aimlessly. Hope alone isn't a good strategy for future success. The company needs to clearly define what it wants to be and then take an honest assesment of where it currently is. Only then will they be able to see how big the gap is and hopefully make the right decisions to correct the course. This can only happen with effective and ambitious senior management.

    Doesn't Recommend
    No opinion of CEO
  2. 1 person found this helpful  

    TNS

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

    I have been working at Transaction Network Services

    Pros

    Great location and good people. Benefits are similar to other companies. Products have potential for innovating into new markets and providing growth.

    Cons

    Senior executives are poor communicators and have a credibility gap with employees. Lead by intimidation and fear. The bonus program is based on who's friends with whom: not individual contribution or merit.

    Advice to ManagementAdvice

    Be honest in your communications and stop the college frat-boy games. Treat your people as human beings instead of things to be manipulated to gratify your ambitions.

    Doesn't Recommend
There are newer employer reviews for Transaction Network Services

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