Does Interac pay their employees well?

According to anonymously submitted Glassdoor reviews, Interac employees rate their compensation and benefits as 3.8 out of 5. Find out more about salaries and benefits at Interac. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Interac?

67% of Interac employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Interac 3.6 out of 5 for work life balance, 3.5 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at Interac?

Senior Manager (9) , Analyst (7) , Product Manager (6) , Intern (5) , Manager (5) , Director (4) , Internship (4) , Fraud Analyst (3) , Senior Software Engineer (3) , Software Developer Intern (3) , Software Engineer (3) , Assistant Language Teacher (ALT) (2) , Customer Service Representative (CSR) (2) , Data Engineer (2) , Data Scientist (2)

What are the pros of working at Interac according to real employee reviews?

"Benefits are great but they use this a means to underpay staff." ((in 31 reviews)); "Good work life balance" ((in 11 reviews)); "Amazing work culture." ((in 8 reviews)); "I was trusted with real responsibility and felt fully integrated with my team, not just given side projects." ((in 6 reviews)); "Competitive compensation." ((in 5 reviews))

What are the cons of working at Interac according to real employee reviews?

"Interac's leadership is undoing many of the factors that previously earned the company a reputation as a "top employer."" ((in 8 reviews)); "Low pay" ((in 7 reviews)); "For all new hires, be aware they will be mandating a return to the office from the current manager and business need to a minimum three days per week (CEO would like full back)." ((in 3 reviews)); "Better training for hires joining in lower levels working with employees that have been in the company for a while" ((in 3 reviews)); "Salary is average" ((in 3 reviews))

What are employees saying about Interac layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Interac layoffs and their outlook for job security at Interac in 2026.

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Interac

Interac reviews

3.5

67% would recommend to a friend

(172 total reviews)

Jeremy Wilmot

57% approve of CEO

65% positive business outlook

Ratings by category

4.3

Diversity & inclusion

3.8

Compensation and benefits

3.6

Work/Life balance

3.5

Culture & values

3.3

Career opportunities

3.0

Senior management

Interac has an employee rating of 3.5 out of 5 stars, based on 172 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Interac employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Reviews by job title

172 reviews

5.0

Jun 24, 2026

Nice working environment but snack variety needs improvement

Senior app operation engineer

Recommend

CEO approval

Business Outlook

Pros

it has nice working environment and team work

Cons

more people joined the team. So we may need to improve the variety snacks

2.0

May 28, 2026

Great brand but toxic culture and frequent layoffs

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Brand Name/Events / Benefits Plan

Cons

Restructuring and layoffs every year...Unplanned decisions even restructuring teams back to original way of reporting resulting in frequent firing and layoffs...Toxic middle level managers and highly political environment..be ready to have escalations on minor issues...instead of working together teams shift blames on each other ..You have to watch your back constantly...E.g Thrown in projects without any knowledge transfer and expected to excel from day one else will be escalated...Personal ego of Middle Managers takes precedence over Talent and Results..

4.0

May 25, 2026

Great people and hybrid work, but pay could improve

Lead product manager

Recommend

CEO approval

Business Outlook

Pros

- Hybrid - Great people - summer hours - Extended long weekends - Bonus -

Cons

- Change of leadership - Compensation is not great

Viewing 1 - 3 of 172 Reviews

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Jobs at Interac

Fraud Analyst (Part-Time)

Client Relationships Lead, Regional & Challenger Banks (6 months contract)

Toronto

CA$135K - CA$160K /yr

CA$110K - CA$140K /yr

(Employer provided)

View job

Accounting and Financial Systems, Lead

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Interac

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Nice working environment but snack variety needs improvement

Great brand but toxic culture and frequent layoffs

Great people and hybrid work, but pay could improve

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