SWIFT Reviews | Glassdoor

SWIFT Reviews

Updated November 23, 2017
123 reviews

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3.1
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SWIFT CEO Gottfried Leibbrandt
Gottfried Leibbrandt
52 Ratings

123 Employee Reviews

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Pros
  • Good work life balance, excellent health benefits and 401k contribution (in 22 reviews)

  • Good benefits with flex time and work from home two days a week (in 19 reviews)

Cons
  • Middle management can be incompetent (in 8 reviews)

  • Bad middle management and upper management listens to them blindly (in 5 reviews)

More Pros and Cons

  1. "Short Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at SWIFT full-time (More than 10 years)

    Pros

    Great benefits and flexibility in the work environment

    Cons

    European-centric management can be challenging.

    SWIFT Response

    May 19, 2017 – HR Specialist, SWIFT

    Thank you for your response. It’s great that you were happy with the flexible working environment during your time at SWIFT; this has been an important focus for the company internally. Your feedback... More


  2. Helpful (7)

    "Service Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Service Manager in New York, NY
    Former Employee - Service Manager in New York, NY
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at SWIFT full-time (More than 10 years)

    Pros

    Good training opportunities, room for growth, competitive salary and outstanding benefit packages

    Cons

    The company lost its way while trying to be more of commercial and a profitable company, while it should be managed what it was founded as: a non-profit corporate. That it is supposed to be a non-profit organization is for a good reason so that banks can fully rely on it. If SWIFT becomes too commercial, an entity that can be replaced by a for profit company, then it will be replaced by a for profit company as SWIFT would become irrelevant.

    Advice to Management

    At SWIFT It is all about sales now. And the sales people will sell anything these days to the banks for the sake of meeting their sales targets, and getting their personal compensation checks. Trusting the old reputation of SWIFT the banks pay tens, sometimes hundreds of thousands of dollars/euros in license costs for something they don't need or in certain cases for something SWIFT doesn't even charge the other bank for. The banks think SWIFT is a not for profit corporate so they can trust it blindly, forgetting the commission checks the sales people get are real money and they are for their personal profit.

    SWIFT Response

    Oct 11, 2017 – HR Specialist, SWIFT

    Thank you for these detailed reflections on your 10+ year tenure at SWIFT. The company has evolved in many ways over the last decade. As the financial landscape changes ever more rapidly, we are... More

  3. Helpful (1)

    "Enough to get by"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Los Angeles, CA
    Current Employee - Software Developer in Los Angeles, CA
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Reasonable salary. A lot of very interesting people to learn from in the office.

    Cons

    Aging technology. Middle management can be incompetent.


  4. "Hindsight provides 20/20 vision - caveat emptor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Regional Manager in New York, NY
    Current Employee - Regional Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Global financial industry infrastructure provider for secure, standardized financial communication and related services. Incumbent with a 40+ year history helping drive clients automation, decrease costs and increase back office efficiency.

    Cons

    Limited focus/resources on the corporate-to-bank business space. Also, core business model faces pressure/threat from fin tech disruption and other risks.

    Advice to Management

    Employees with deep industry knowledge and broad business experience are critical for SWIFT's continued success; ability to innovate and stay ahead of the risk curve.

    SWIFT Response

    Oct 11, 2017 – HR Specialist, SWIFT

    We appreciate your sharing these observations from your time at SWIFT. SWIFT’s long history is marked by constant innovation for the benefit of the global financial community. But we recognize that... More


  5. "Technical Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    I have been working at SWIFT full-time

    Pros

    Good work life balance, excellent health benefits and 401k contribution

    Cons

    very risk adverse, limited growth within teams

    SWIFT Response

    Feb 15, 2017 – HR Specialist, SWIFT

    Many thanks for this feedback. Maintaining a healthy work-life balance and a strong sense of wellbeing for our staff is a key priority for SWIFT. We are glad to hear you’ve had a positive experience... More


  6. "Great Company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Comp & Benefits
    Former Employee - Intern
    Former Employee - Intern
    Recommends

    Pros

    Great Company
    The employees are all really nice
    Food is subsidized

    Cons

    I cannot think of any negatives


  7. "Customer Enginner"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at SWIFT full-time

    Pros

    great job security, no need to pay health premium

    Cons

    Limited career opportunity in VA

  8. "A great work environment that provides challenging goals."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Houston, TX
    Former Employee - Business Analyst in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at SWIFT full-time (More than 3 years)

    Pros

    Swift offers great 401k and other benefits to prepare for retirement. In addition, there are generous leave times provided. In some cases you may even get some travel benefits.

    Cons

    The work environment can be very stressful at times. It's a good idea to manage stress effectively during high volume work periods. Be sure to take advantage of long weekends and vacation days.


  9. "Great Company"

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

    Pros

    Benefits, PTO, Work from home

    Cons

    People stay at the company and their jobs for a long time, so it is difficult to get promoted


  10. "Average work place"

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

    Pros

    Stable job & long term contract.

    Cons

    Slow adoption of new technologies, but some shake-up is happening lately.

    Advice to Management

    People are the key resource, take care of them well. Provide leadership skill development trainings for middle management.


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