Wise reviews

3.7

66% would recommend to a friend

(2,324 total reviews)
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Kristo Käärmann

76% approve of CEO

61% positive business outlook

Wise has an employee rating of 3.7 out of 5 stars, based on 2,324 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Wise employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

2K reviews
2.0
May 26, 2022

Disappointed.

Recommend
CEO approval
Business Outlook

Pros

If you are not working an operational team, you'll be fine. They have great benefits, events, free food, and all that in the office. The pay is also great, you'll get a raise every year or so if you work well.

Cons

The company presents itself as so people friendly, and such a progressive workplace. Well, its like that for some people only. Working at this company means no work-life balance, no rest and a constant grind. Wise mistreats its CS associates, and many operational workers. CS associates are not allowed on holidays when they would want or need it. There is a strict schedule and on some locations only 2 people can be on holidays at once. Because of this everyone is burnt out and overworked. They even ask us to come in during the weekend for no extra pay (some rare occasions you'll get some extra pay). You'll have to do weekends at this company for sure no matter which team you are working at. Upper management gets paid pretty well, so they don't really care about what the rest of the team gets, or about their working circumstances. The work is monitored, every hour you have to bring certain numbers, if not, you are put on a temporary probation. If you fail that, you'll be put on probation. We all know what comes after that. Management has to present you every quarter with stats, no matter how hard you work, its just never going to be enough, the stats can always be raised, you should always do more. Due to this the fluctuation is insane, you rarely work with the same people for more than 6 months. I have seen multiple people break down and lose their mind during and after work. There are people who just couldn't stop crying. Colleagues of mine had nightmares with work or simply couldn't sleep. The company claims that they are not the source of stress, offering 'yoga' and free pizza instead of days off or less work. (Of course this is also only available for the lucky ones, who actually don't have to work during those hours when the benefits are offered. I know many people who's anxiety worsened, or they have gotten depressed while working at wise. I have never had anxiety before, and now its crippling. When trying to ask for help they gaslit me, and told me that I should try different methods for stress relief outside of work.

1.0
Mar 7, 2022
Recommend
CEO approval
Business Outlook

Pros

- nothing worth sharing in this area

Cons

- micro management - useless leadership - undeserving people promoted who couldn’t even do intern level stuff properly - very immature operations - not very exciting perks

2.0
Jul 2, 2020
Recommend
CEO approval
Business Outlook

Pros

I am really struggling in finding Pros to talk about since everything I want to say is very generic to any other company. Pros: - Free office food like cereal - Great chill-out areas for breaks - The "culture" is very warm and often makes you proud to work there - Not a typical call-centre yet. - Co-workers are often friendly and brilliant.

Cons

- The "culture" is fake for a lack of a better word. There are people in the company that try very hard to make you feel good about working there but it is constantly overshadowed by the slow transition of becoming a corporation. One side wants you to be autonomous and be your own boss, everyone is free to choose their own path; whereas the management side is very strict in what you do, when you do it and how you do it. Creates a lot of mis-communication and lack of communication, where performance reviews might come as a surprise. - Customer Support positions are NOT only customer support positions - you have a chance to get/ask for extra responsibilities in the form of a side project. Why this is a con is because you are still evaluated as a Customer Support Agent and the extra responsibilities are in no way looked at when it comes down to your performance. The management does not understand what the employee actually does and they try to evaluate your work based on one single number. These extra responsibilities and the work you do might mean a lot for the company but again, if you ain't hitting that performance target that all Customer Support agents need to hit, then your contributions elsewhere are not taken into consideration. - These extra responsibilities can be actual positions in other companies but with TransferWise you still get the same pay as any other customer support agent. There are no bonuses for doing more than 100%, or for doing other extra work on the side for them. - No communication around the performance target that you need to hit. I had asked multiple times on how this target was calculated and I did not receive any proper analysis or work around it. I wasn't even sure if this performance target was possible to achieve for every single customer support agent based on the workload. There are company wide meetings to specifically talk about decisions made by senior management but again, they typically dance around specific subjects. - Stock options as benefits - wonderful idea as a start-up where you can start your own career. Bad idea for a corporation that has a high employee turnover, which seems to be the direction for Transferwise.

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