Visa Inc. - Great place if you have no ambition | Glassdoor
There are newer employer reviews for Visa Inc.
There are newer employer reviews for Visa Inc.

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Helpful (7)

"Great place if you have no ambition"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - SBL in Foster City, CA
Current Employee - SBL in Foster City, CA
Doesn't Recommend
Positive Outlook
Approves of CEO

I have been working at Visa Inc. full-time (More than 8 years)

Pros

Great brand
Ethical firm
Partnership spirit with customers
Very nice coworkers
A lot of very smart, SME type people who are usually very willing to help
Overall comp is fine
People are dedicated

Cons

A great place if you have no ambition. Plum new positions are always given to outsiders, who come in without the support network and ultimately fail usually. The old timers with high level positions don't ever go anywhere, so there is very little possibility to advance. If you simply want to be a subject matter expert and get paid well, then this is a good solid company. If you really want to do something with your career, then this is at best a stop along the way.

The senior management who have been around a long time are largely cowards. They have zilch in terms of strategic thinking, and do little more than spout off buzzwords. They don't communicate, are unable to manage, and live their days in fear of being outed for being a non-contributor. They never get hired away by other companies, as they are largely products of the Visa bureaucracy, with little in the way of relevant skills to the outside world. They are largely pathetic. It is truly sad. There is no sense whatsoever of stewardship.

Advice to Management

Create an HR function that doesn't something other than hire and pass out required training. Help people manage their careers. Do not make people the victims of their untrained, unqualified managers, most of whom have no real leadership training. If you want to innovate, create a cultural that supports this, unlike the current situation where you shut down initiatives because management doesn't have the talent to build it correctly the first time. I would seriously get rid of every SBL and above who have been there more than 10 years, as they are hanging on for dear life, and sucking the life out of the place.

Other Employee Reviews for Visa Inc.

  1. Helpful (6)

    "In the Midst of Change"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Foster City, CA
    Current Employee - Director in Foster City, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Visa Inc. full-time (More than 3 years)

    Pros

    New CEO seems like he wants to create a better culture for employees
    Stock price is at al time high

    Cons

    New CEO hasn't presented his new strategy for the company
    Random layoffs taking place
    Rumor that employee rating and bonus' will be lower to cut costs - yet stock price all time high

    Advice to Management

    Present a strategy and realize that there are numerous departments that are not moving forward as they "wait and see" what the direction is


  2. Helpful (2)

    "In the midst of change"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Director, Finance in Foster City, CA
    Current Employee - Senior Director, Finance in Foster City, CA
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Visa Inc. full-time (More than 8 years)

    Pros

    Market leader in an industry which is ripe for change. The payments ecosystem is ripe for change and innnovation, and Visa has a brand name and resources to stay relevant for a long time. At times of crisis the strength of the experienced, knowledgeable team creates great solutions.

    Cons

    The tension, fear, and chaos which a new C-suite brings is in full force. There is a culture of independent silos and risk aversion. Misalignment at the executive level makes for rework and slow decision making.

    Advice to Management

    Focus on a strategy for top line growth, communicate the strategy, then get out of the way.

There are newer employer reviews for Visa Inc.
There are newer employer reviews for Visa Inc.

See Most Recent

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