TransferWise - Nice work environment but issues with scaling it | Glassdoor
  1. Helpful (13)

    "Nice work environment but issues with scaling it"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Engineer in London, England
    Positive Outlook
    Disapproves of CEO

    I worked at TransferWise full-time for more than a year

    Pros

    There are a lot of opportunities to grow and learn, especially if you are rather early in your career, as you are not really stuck in a role and specific tasks but can easily spend some time on anything which is useful for the company. Teams are mostly small, cross functional (except for some aspect like infra) and independent in how they operate. On top of teams being independent people are rather free about where/when/how they work as long as it is not abused too much and they deliver (remote working, working from home). If you spend more time than average working in a productive way it will be acknowledged and rewarded.

    Cons

    Weak leadership of the company and management overall. Leads have mostly ended up there based on time in the company rather than leading skills. Lack of coordination and alignment between the independent teams which reinforce a work in silos and creates confusion around the big picture. It is time to acknowledge that TransferWise is not a startup anymore even if it has managed to keep a lot of nice stuff from that and put in place efficient structures and processes for the scale it operates at nowadays. Some can abuse the independence and freedom mentioned in the bad points with very little control on it which can be frustrating for people playing fair game. The leadership team of the company tends to micromanage or even bypass teams when things are not going in the direction they have in mind, while the root causes of lack of inspiration and alignment from them to the rest of the company doesn't seem to be much addressed.

    TransferWise2018-11-24
  1. "Compliance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Compliance Officer 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time for more than 3 years

    Pros

    Strong compliance program, collaborative work environment, high opportunity for self- and career development, smart coworkers with great personalities

    Cons

    Not really a con, but I'm required. Environment is fast-paced--mastering work requires subject matter expertise, good problem-solving skills, great communication skills, instinct for process development, and facility for relationship building. Challenging, but very engaging and fun.

    TransferWise2020-01-23
  2. Helpful (1)

    "Good benefits, but don't motivate their employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Compusa in Tampa, FL
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at TransferWise full-time for more than a year

    Pros

    Health insurance, stocks, PTOs, free food (snacks and lunch - once a week)

    Cons

    Bad salaries, horrible management, full and noisy office

    TransferWise2020-02-03

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