There are newer employer reviews for Visa Inc.

5 people found this helpful  

Good place to work.!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Director  in  Foster City, CA
Former Employee - Director in Foster City, CA

I worked at Visa Inc. full-time for more than a year

Pros

Benefits, compensation and growth opportunities. Team focus with support from management. Ability to share thoughts and ideas freely as well.

Cons

Management doesn't convey company vision to rest of team. Lots of internal politics. Must protect yourself and actions at all times. Should be careful who you convey ideas to as well.

Advice to ManagementAdvice

Work on sharing company vision better.

Recommends
Neutral Outlook
No opinion of CEO

614 Other Employee Reviews for Visa Inc. (View Most Recent)

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  1. 5 people found this helpful  

    Steve Jobs was right when he said A players want to play with A players. This is where C players come to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Director Product  in  Foster City, CA
    Current Employee - Senior Director Product in Foster City, CA

    I have been working at Visa Inc. full-time for more than 3 years

    Pros

    Great brand recognition. Decent pay and benefits with a generous PTO schedule.

    Cons

    Aside from the convergence to digitization of payments, much of the business is commoditized. You are swimming in a red ocean that fosters a culture of hostility and backstabbing. Every week takes 20 pounds of psychic energy to get through. A lot of people taking credit for other people's work. The amount of red tape to get something done completely paralyzes you--and know one will help you or say a kind word during the process. I've worked at other Fortune 500's, but the level of buearucracy here takes the cake. They want everything defined up front. The whole reason start ups are innovative is the flexibility to be agile as things change too quickly in technology. The process doesn't allow for fresh or out of the box thinking. Everyone is spread so thin, be prepared to write your own contracts b/c legal has no time, manage your own ARCHAIC procurement process, and be a bean counter as well because finance wants you to plan a year ahead and forecast accounts payables monthly. And everything above $250k needs to be approved by Ryan and Charlie (we're 60% profit margins!!!)

    There is a plethora of product managers who revel in making things more complicated than they need to be as it gives them a false sense of value or will somehow make them indispensable. Everyone is boiling the ocean to bring relevance to their benign position.

    Advice to ManagementAdvice

    Be surgical about your reorganization and cuts. Don't assume those of us who've been there 4 years or less are part of the incompetent old regime. Need to meet with the Sr Directors and below to truly know what's going on. 360 degree reviews would also allow for greater accountability among teams. And for the love of god, do something about the incompetency of GS. They consistently deliver the kitchen sink without the plumbing...at the highest price!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 3 people found this helpful  

    Going Down Hill

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

    I have been working at Visa Inc. full-time for more than 8 years

    Pros

    Good annual bonus (for now)
    Can achieve work/life balance (can be at a cost)
    Onsite Gym

    Cons

    Little room for advancement.
    Work/Life Balance may cost you your job in the next re-org or limit your annual rating
    Very siloed organizations and little collaboration that are often working against each other in terms of productivity
    Constant re-orgs that result in compounded and new problems from previous org
    Exec management hasn't a clue in terms of where Visa needs to go with IT, mobile, and debit processing.
    Several initiatives have been big losses for company related to the above.
    Upper management has 80s mentality on views of how they treat employees. Remote working is frowned upon and there is a great distinction between upper management and people who actually get work done.

    Advice to ManagementAdvice

    Going Public was one of the worst decisions. Since being public, innovation has dropped dramatically, employee benefits have shrunk, retention rates are low, and moral just plain sucks. We now have hired executives who haven't a clue on what Visa needs or does. They have little to no insight on the market and innovation. Typically, each exec change brings in a pre-determined change before even understanding the company, technology, or organization. Do it right, management

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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