Oakam Reviews | Glassdoor

Oakam Reviews

Updated August 22, 2017
99 reviews

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3.8
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Oakam CEO and Founder Frederic Nze
Frederic Nze
55 Ratings

99 Employee Reviews

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Pros
  • Great people to work with - this is a huge plus for me (in 10 reviews)

  • Growing company that looks to make big changes in the near future (in 5 reviews)

Cons
  • Low pay no bonuses staff forse to leave good review on glassdoor site to look good (in 6 reviews)

  • Two day induction could be condensed to one, especially for head-office employees (in 4 reviews)

More Pros and Cons

  1. "Cool Company, Great Team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - BI Analyst in Croydon, England (UK)
    Current Employee - BI Analyst in Croydon, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oakam full-time (Less than a year)

    Pros

    Customer focussed. Open to exploring and using new technologies and tools. Helping team.

    Cons

    Not very process oriented. but trying to get there. Not very great in bonuses and pay since its relatively small company, but lot to learn from here

    Advice to Management

    Great going.


  2. "A place that helps one learn and push boundaries"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oakam full-time (More than 8 years)

    Pros

    The company has a fantastic ethos around helping customers not only when they need a loan but also when they face financial strains. Oakam not only looks after its customers but also its staff and regular team meetings, communications and positive energy all round not only keeps the staff informed but also motivated to go the extra mile

    Cons

    Tight regulations makes one to be on their toes

    Advice to Management

    Keep up the good work in keeping staff motivated as motivated and happier staff leads to better and fulfilling results

  3. "Great learning opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oakam full-time (Less than a year)

    Pros

    Having worked at large banks and companies I had certain doubts about working for a smaller financial firm. However, after careful thought and consideration, something that attracted me was to work for a fintech company. I don’t regret this decision.
    It’s been an incredible journey by having the opportunity to learn about different aspects of the business by being involved in several projects and understanding more about the interactions between teams in the achievement of a common goal.

    * Constantly working on improving results in a challenging environment.
    * One of the best learning experiences I’ve ever had. Senior management knowledge and experience is best in class.
    * Despite being a smaller financial firm, growth opportunities exist.

    Cons

    Strategies change quite often and are not monitored accordingly.


  4. "Heavy investment in innovation and machine learning"

    StarStarStarStarStar
    Current Employee - Data Scientist in London, England (UK)
    Current Employee - Data Scientist in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oakam full-time (More than a year)

    Pros

    I am constantly encouraged to test innovative solutions and think out of the box, with a continuous exchange of ideas and business insights with other teams. The CEO is very keen on machine learning and the whole company is investing heavily in automation, gamification and digitizing the business

    Cons

    No particular issues so far.


  5. "My first good job in Uk"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Store Manager in Croydon, England (UK)
    Current Employee - Assistant Store Manager in Croydon, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    This company gave me opportunity to improve my knowledge and my English also always care about their employees.

    Cons

    I do not have any Cons.


  6. "Store Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Store Manager in Coventry, England (UK)
    Current Employee - Store Manager in Coventry, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oakam full-time (Less than a year)

    Pros

    Great company to work for, good incentive, good career Prospect, everybody very nice to work with, one of the best company i have worked for so far , and i have worked for over 10 Company which many are hard to say anything good about

    Cons

    Cant say anything bad about the company


  7. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - General Manager
    Current Employee - General Manager
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oakam full-time (More than 5 years)

    Pros

    Good place to start your career. Easy to grow up in this company if you show interest in your job. Friendly enviroment, nice teams in every department. You never get board of your job because every day is different and exsiting.

    Cons

    Sometimes it is too many changes at once and no clear guidance.

    Advice to Management

    Keep your employees happy

  8. "Good Company !!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Approves of CEO

    I have been working at Oakam full-time

    Pros

    Excellent benefits package on top of basic salary, good incentive schemes that reward you for going above and beyond. Open environment where you feel comfortable approaching managers, committed to training and opportunities. Great people to work with - this is a huge plus for me. Leadership increasingly more open with communications.

    Cons

    Need to be proactive to expand your career and role, but good opportunities available if you seek them.

    Advice to Management

    Identify a vision and stick to the plan to achieve said vision rather than changing strategies and u-turning on already running initiatives and reducing wasted effort.


  9. "Opportunities are endless"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oakam full-time (More than 5 years)

    Pros

    A forward-thinking company with the customer at it's core. The environment is fast-paced and exciting. No two days are the same and the management and teams go out of their way to do right by the customer. Progression is quick to all those who are up for the challenge of helping to shape the future of this business.

    Cons

    In the industry, Oakam sometimes mistakenly gets categorized with pay-day lenders. This is not what we do - the business is focused solely on providing access of affordable credit for the financially excluded.

    Advice to Management

    Keep attracting talent to the organisation - we have some wonderful people on the team already which makes Oakam what it is


  10. "Oakam = Opportunities !!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Store Manager in London, England (UK)
    Current Employee - Assistant Store Manager in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oakam full-time (More than a year)

    Pros

    Very friendly and environment in which you can feel comfortable to work in.
    Company and employees are multicultural - which is good for customers and employees also. We can grow to be a family in which is what make a happy team!
    You get given the opportunity to go higher as long as your willing to do the job and show that you want it and you are ready for it. Company offers loads of training and you can get a lot of support from the management team.
    Incentives are good and the little bonuses we have are great, maybe some more please :)

    Cons

    I find myself quite lucky to have been given the chance to work for the company and to be where I am today.

    BUTTT!!

    Salary could be better please - London is not cheap-
    Not so many changes all at once
    Some more benefits
    Bonuses are a must to keep employees happy !!!
    Pressure could be less.

    Advice to Management

    Make changes slowly in allowing employees to get use to them.
    Please more salary for everyone :)


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