Visa Inc Reviews
Updated Feb 14, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 183 ratings Employees are "Dissatisfied" |
CEO Rating
Based on 110 ratings
Chairman & CEO |
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Pros
Salary
401k
Benefits
depending on the team, good people.
Cons
Politics
Employees are much less important then cash
Culture over the years have gone from teamwork to politics and decisions taken without listening to SMEs and team.
Advice to Senior Management
Get rid of the old exec management team and replace with younger more innovative and forward looking. Less cash and stock value interest, more grow the business and introduce cool products.
Pros
Pay and equity are decent
Cons
Politics - ceiling between upper management and the worker bees
Big company, slow to move or innovate
Pros
Visa is full of very talented people.
Great opportunities for travel.
Phenominal brand.
Opportunities for growth and promotion do exist if you work hard and network very well.
On the whole it is a great company to work for. It may have been better pre-IPO, however the world is different now and people need to understand that. Compared with many other organizations Visa is a great place to be.
Cons
Some people have clearly networked so well that they have been promoted to places they really should not be.
Politics is everywhere, but probably no more than anywhere else.
Work life balance can be horrific
Advice to Senior Management
Communicate better
Pros
good brandname, good technology, some good talented people
Cons
plotical, no recognition, no rewards
Pros
Visa has some very talented people, if only it would set them free to innovate. The pay is reasonable but not great when you factor the long hours. Kudos for matching donations to good causes.
Cons
Very long hours, needlessly long. Enough with the constant re-orgs! Too much politics, especially within the management ranks. The company is becoming increasingly cheap..Holiday "party" hosted in the parking garage of one of its buildings...tacky for a company that reported $5+ Billion in Income. Leadership is poor (lots of clueless managers). Career growth is laughable, unless you are a "favored" one. Bad systems & tools to work with, especially for a "technology" company.
Advice to Senior Management
Where is the Board of Directors? They need to remake the entire Leadership, especially in the Finance Org (The CFO couldn't care less about the Finance Org., as long as Wall Street is happy) You'll lose good people once the economy improves. Invest in your employees in the USA (less outsourcing to Singapore). Promote from within, you have god people. Need new C.E.O and new C.F.O pronto.
Pros
There are none to really say besides maybe the Benefits are pretty good.
Cons
Where to begin...
No communication, or lack thereof.
Strict Edicts and very tightwad when it comes to budgets despite making billions of dollars.
Must move heaven and earth to even be considered for recognition and even then the compensation is lackluster.
Ignorance of Senior and Upper Management towards Operations and other critical staff.
Overreaction to details in paperwork and reporting as well as incidents.
Advice to Senior Management
Listen to all levels of employees and find a balance between the bottom line and employee morale.
Pros
Easy work, just get it done. Almost everyone leaves at 5.
Cons
There's no accountability. It's ok if you don't deliver, you won't lose your job. Can be challenging for employees just out of school who don't have alot of experience.
Pros
visa has a good working environment and values people
Cons
people are not focused and are all over the place
Advice to Senior Management
focus
Pros
Some of the people are nice and friendly.
Cons
Many people are unwilling to share information. They have a firm idea of their job responsibilities, and they don't want anyone encroaching on their territory. It's a very political environment, based on managing up. There are many managers who lack leadership skills and would be better as individual contributors.
Advice to Senior Management
Focus on communicating with all staff, especially regarding organizational changes and executive meetings. Stop creating an "us" vs. "them" environment between upper management and staff.
Pros
-Benefits & Compensation
-Looks good on a resume
Cons
-It's all about who you work for. Some managers are horrible, some are not bad, very few are exceptional. If you work for a bad or so-so manager, your days are numbered.
-There is no prioritization, everything is a priority.
-Slow decision making and processes to get things done is complex and take too much time. For some odd reason, Visa keeps people who spend half their work week surfing the internet.
-Recognition is by luck. If you happen to be on a high profile project but do little work you are more likely to be recognized and rewarded than if you do a ton of work on something not visible at the SBL level.
-Some promotions are given based on their relationship with their manager, not on merit.
-Open positions are often filled outside the company, completely by-passing the internal job postings making it difficult for career growth.
-Many jobs are being outsourced overseas; keep this in mind if your job can be done “anywhere”.
-Re-orgs are too frequent, layoffs occur nearly every week, and employee morale shows.
Advice to Senior Management
Keep paying out those huge bonuses and stock options. It will get better.



