Society for Worldwide Interbank Financial Telecommunication SCRL Reviews

Updated February 4, 2016
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3.6
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Society for Worldwide Interbank Financial Telecommunication SCRL CEO Gottfried Leibbrandt
Gottfried Leibbrandt
31 Ratings

Pros
Cons
  • Majority of the senior management has been with company 20 (in 6 reviews)

  • Old fashioned company with a lot of processes, a lot of useless middle-management and very slow (in 5 reviews)

More Pros and Cons

78 Employee Reviews

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  1. Helpful (1)

    "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!


  2. "Good benefits, that's about it"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Society for Worldwide Interbank Financial Telecommunication SCRL full-time (More than 3 years)

    Pros

    Benefits are great in terms of vacation, insurance

    Cons

    Absolutely no room to progress unless you completely move teams. Management is very overburdening and most things takes months/years to finish because of all the controls. Basically have to be a politician to move up.

    Advice to Management

    Make advancement in position better, recognize the working force instead of the politicians.


  3. "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 Society for Worldwide Interbank Financial Telecommunication SCRL (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.


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  5. "Good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer
    Current Employee - Software Developer
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good benefits with flex time and work from home two days a week

    Cons

    Not any major cons here


  6. "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.


  7. "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 Society for Worldwide Interbank Financial Telecommunication SCRL (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.


  8. "Software Developer"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great work atmosphere, many perks.

    Cons

    lacks documentation of various processes


  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. "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 Society for Worldwide Interbank Financial Telecommunication SCRL (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 Society for Worldwide Interbank Financial Telecommunication SCRL 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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