There are newer employer reviews for Visa Inc.

 

The good times are since past, hopefully it will get better.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Network Engineer  in  McLean, VA
Current Employee - Network Engineer in McLean, VA

I have been working at Visa Inc.

Pros

The benefits are good and the company is definitely strong.

Cons

Too many managers. Directors and VP's with no direct reports. Need to cut out the unnecessary middle management. Communication to subordinates is lacking.

Advice to ManagementAdvice

Re-evaluate the management set up. Instead of cutting workforce and benefits look at yourselves for savings.

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

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  1. 3 people found this helpful  

    Wait till the dust settles

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

    I worked at Visa Inc.

    Pros

    - The global scope and breadth of the company. Transactions are much more complicated and interesting than you realize from the outside. There's a ton to learn and a lot of different areas you can focus on.
    - Good opportunities for intra-company job changes, both within the organization or to move to a remote region
    - The strength of the brand
    - In pockets, there are some great people and great teams to work with (some fairly mediocre and unmotivated ones in other areas)
    - Generally, pretty balanced hours and lifestyle, especially compared to a tech company or startup. A lot of people manage to do a standard 8-5 day.

    Cons

    - It's a weird place to work right now with the reorg to Visa Inc.
    - There are a lot of internal politics from the old, regionalized, somewhat divisive structure still being worked out, with different organizations coming out as winners or losers.
    - There have been a lot of layoffs and reshuffling over the past year or so, with more still going on, so morale isn't the greatest (though better than it was).
    - Benefits keep getting cut - 401k matching, pension - and the stock grants were laughably small
    - Management communication isn't the greatest. A lot of the changes take forever with radio silence in the meantime, leaving people wondering what the heck is going on.
    - Big company bureaucracy, which is just increasing. It can be difficult to do simple things like get a P.O. for software approved or to get an employee a cell phone.
    - There used to be great opportunities for advancement if your manager backed you. Now, they've releveled everyone to generic grades (e.g., Sr. Director through SVP are now "Senior Business Leads"), so it's going to be a lot harder to get promoted.

    Advice to ManagementAdvice

    - Communicate! People get it that changes are happening and may take time, but give them progress updates in the meantime.
    - Think about people's skills and knowledge to determine who fills a role, not their previous regional affiliation. A lot of good, smart people have been let go because they worked for the wrong group.

  2. 3 people found this helpful  

    Bring back Chuck Russell and Roger Pierce - The Visa "Gold" logo is tarnished

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

    I worked at Visa Inc.

    Pros

    At this juncture not very much. The benefit package and 401k matching is excellent, although it used to be better. When you are laid off the severance package is good.

    Cons

    This used to be a great company to work for. Employees had pride in their accomplishment and were rewarded for ingenuity and contributions. It is now a good-old-boy environment. Employees live in fear of being laid off, jobs are being outsourced to other companies even though the majority of work is in the US. Employees are afraid of speaking out to upper management in fear of retaliation. If they do speak out retaliation is swift and unjust. The lower waged contractors brought in to replace full time employees backstab dedicated staff with great regularity. Promotions are handed out to employees unfairly with title given at a drop of a hat. Loyal and dedicated staff are subject to layoffs while less qualified employees are rewarded with position. (i.e. who's playing golf with whom). Visa has a reputation for being a sweatshop. This is correct in the truest form. Employees, once encouraged to relocate to remote sites are left out in the cold when the offices are closed. Once the company began the process of going public and the ramifications of the legal woes hit home the work environment went from bad to worse.

    Advice to ManagementAdvice

    Remove a majority of middle management staff, especially the management who protect each other rather then supported loyal employees. Re-instill the brand pride and honor that Dee Hock, Chuck Russell and Roger Pierce helped to build.

    Doesn't Recommend
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