Ruthless company - Anonymous employee Shieldpay Employee Review

1.0
Sep 15, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

When I joined, I met some really nice people, who were very knowledgeable about the business. Shieldpay seemed like a nice place to work, but that changed pretty quickly with people departing the company once they realised the working culture. The smart people get another job before they are pushed out the business.

Cons

Shieldpay is very happy to exit people from the business at short notice if it suits a particular executive or manager. The turnover is very high, either of people leaving when they realise what the company is like or exited in some cases because they cant afford the person or they aren’t ‘performing’. Very few people have formal performance reviews and yet are exited for performance reasons. Shieldpay is very much like a ruthless sales company, you can work long hours with constantly changing priorities, no performance review and at the end of it be giving your marching orders. It is a very old school company at its heart, with a modern facade. People are even replaced because an executive wants a friend to do the job in place of the person already in post. I was working with numerous people one week and the next they were gone, systems turned off before they could say goodbye to anyone. Not one person I worked with that was fired was bad at their job. In fact many were very good at their job, asked the right questions and were trying to modernise Shieldpay. I was also really shocked when they got rid of all the companies/people who knew how the systems worked. Now there is no one in the business who understand how all the legacy and new technology hangs together. The development work is a mess, with people often working in silos and very stressed due to the constantly changing demands of the business/execs. If you try and bring in industry standards to Shieldpay you will have a target on your back from day one. You also need to know Shieldpay is loss making and has been for some time.

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Shieldpay Response
2y
We appreciate your feedback and take it seriously. At Shieldpay, we value transparency and open communication, so we want to address your concerns. Regarding performance reviews, we understand that clear feedback and opportunities for improvement are essential for personal and professional growth. All of our performance evaluation processes are designed to be fair and comprehensive to ensure that hiring and promotion decisions are based on merit and qualifications – we are sorry to hear you experienced otherwise. Your concerns about the turnover of experienced staff and the challenges with our systems and technology have been noted. We recognise the importance of retaining institutional knowledge and are actively working on improving knowledge transfer processes and system documentation. Lastly, we understand the financial concerns you raised. Like many scale-ups, Shieldpay continues to work on a sustainable path to profitability and remain committed to our mission and our recent best ever quarter in revenue is a testament to our dedication to achieving this goal. We appreciate your feedback as it provides valuable insights into areas where we can improve. Your concerns will be taken into consideration as we continue to make positive changes within our organisation. Thank you for taking the time to share your thoughts with us. Sincerely, The Shieldpay Team

Explore other reviews about Shieldpay

5.0
Jul 17, 2022
Recommend
CEO approval
Business Outlook

Pros

- quick feedback loop - friendly environment - attention to people’s voices - multicultural

Cons

- maybe more process consistency but very well managed for a scaled up

3
5.0
Mar 17, 2026
Recommend
CEO approval
Business Outlook

Pros

Industry-Leading Flexibility: The trust at Shieldpay is a step ahead of almost any other firm I’ve seen. Management truly understands that life happens. Whether it’s school drop-offs, pickups, or last-minute childcare hurdles, they make it work. In a regulated environment, this level of autonomy is rare and incredibly valued. Empowerment: You are trusted to do your job where and when you want. There is no micromanagement regarding "bums in seats," which fosters a very mature working environment. Transparency: Leadership has made a genuine effort to be honest about the direction of the company and the state of the industry. I’ve read some of the recent comments here and, honestly, I feel they are a bit unfair.We are in an incredibly difficult economic climate right now—one where businesses much larger and more established than Shieldpay are struggling. It’s important to have some perspective. While no company is perfect, Shieldpay has tried to be honest with us. The flexibility here isn't just a perk; it’s a core part of the culture that management works hard to protect, even when things are tough.

Cons

Market Pressures: Like any company in this space right now, we aren't immune to the broader economic climate. This can lead to periods of high pressure and uncertainty as the business navigates external headwinds.

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