SWIFT (Society for Worldwide Interbank Financial Telecommunication) Reviews | Glassdoor

SWIFT (Society for Worldwide Interbank Financial Telecommunication) Reviews

Updated April 19, 2017
106 reviews

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Full-time Part-time

3.1
Star Star Star Star Star
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SWIFT (Society for Worldwide Interbank Financial Telecommunication) CEO Gottfried Leibbrandt
Gottfried Leibbrandt
41 Ratings

106 Employee Reviews

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Pros
  • Good work life balance, excellent health benefits and 401k contribution (in 20 reviews)

  • Good benefits with flex time and work from home two days a week (in 15 reviews)

Cons
More Pros and Cons

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

    Star Star Star Star Star
    • 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 (Society for Worldwide Interbank Financial Telecommunication) 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.


  2. Helpful (3)

    "Not a good company to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Developer in Manassas, VA
    Former Employee - Systems Developer in Manassas, VA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at SWIFT (Society for Worldwide Interbank Financial Telecommunication) (More than 3 years)

    Pros

    nothing to mention. good location.financial domain.

    Cons

    Routine work. bad hr and management.frequent layoffs.no job security

    Advice to Management

    be good to employees.


  3. Helpful (2)

    "Office politics and lack of direction"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Manassas, VA
    Former Employee - Anonymous Employee in Manassas, VA
    Doesn't Recommend
    Neutral Outlook

    I worked at SWIFT (Society for Worldwide Interbank Financial Telecommunication) (More than 8 years)

    Pros

    Health benefit is perfect. 401K match is good. Vacation is good.

    Cons

    Very slow in adapting new Technology.
    Lots of office politics involved.
    A lot of incompetent managers.
    Not open to innovation.

    Advice to Management

    Do something about the double standards growing in the company.
    Make the values and direction clear.
    Get a competency test from the management.
    Listen to your surveys.


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  5. Helpful (5)

    "Major improvements in IT"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Washington, DC
    Current Employee - Project Manager in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The CTO has been working to reshape the IT organization to improve collaboration, transparency and effectiveness of IT and is very forward thinking. There are many more opportunities now than one year ago, and the culture is getting consistently better.

    Cons

    As with any organization going through transformation, the changes can be a little unsettling. The workplaces are in real need of updates, but there is a program underway to take care of that.

    Advice to Management

    Keep going on the transformation, we need to continue investing in the improvements to the way we work. The team you are building gets it and the excitement is growing!


  6. Helpful (1)

    "Good benefit but poor management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Centreville, VA
    Current Employee - Anonymous Employee in Centreville, VA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at SWIFT (Society for Worldwide Interbank Financial Telecommunication) (More than 5 years)

    Pros

    Good benefit, good working environment

    Cons

    Poor middle management - Managers are lack of hands-on skills, and they always just follow what their bosses say.


  7. "Great company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Product/Market Manager in New York, NY
    Current Employee - Senior Product/Market Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great atmosphere, highly collegial, good work flexibility.

    Cons

    The company is too Euro centric.

    Advice to Management

    Move headquarters out of a small town in Belgium into one of the world's financial centers.


  8. Helpful (3)

    "Does not treat software development contractors well"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contractor in Manassas, VA
    Former Employee - Contractor in Manassas, VA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at SWIFT (Society for Worldwide Interbank Financial Telecommunication) (More than 5 years)

    Pros

    Apparently has good benefits -- which contractors do not receive. Supposed to be a good place from which to retire.

    Cons

    The low-level management in software development run the place like a sweat shop. While they are lax about what time you arrive there in the morning, or when they arrive at a meeting, the development managers stand around near the top of the stairs watching who is leaving on time near the end of what should be the work day. If you, as a developer, haven't finished some task on time, they expect you to stay there until the task is completed, even if you have to stay all night. Perhaps this explains why they have such a high turn-over of standard employees.

    Advice to Management

    Come into the twentieth century, or maybe even the twenty-first. Learn how to do formal time estimation for software development.


  9. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Developer/Systems Engineer in Manassas, VA
    Current Employee - Senior Developer/Systems Engineer in Manassas, VA
    Recommends

    Pros

    Lot of opportunities, challenging tasks, solid management

    Cons

    None to mention in this review


  10. Helpful (2)

    "Easygoing"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Developer/Systems Engineer in Manassas, VA
    Former Employee - Senior Developer/Systems Engineer in Manassas, VA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at SWIFT (Society for Worldwide Interbank Financial Telecommunication) (More than 3 years)

    Pros

    Good benefits, work life balance. Commute against traffic. Aging staff. Far less younger people. Good to retire company good 401k match.

    Cons

    Not so good work. Good to retire and not good to start the career. No growth option or internal mobility.

    Advice to Management

    Be innovative.


  11. "manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Fredericksburg, VA
    Current Employee - Anonymous Employee in Fredericksburg, VA
    Recommends
    Positive Outlook

    I have been working at SWIFT (Society for Worldwide Interbank Financial Telecommunication) full-time (Less than a year)

    Pros

    excellent benefits and many opportunity to travel

    Cons

    slow to market and heavy top down management


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