What a shame. - Recensione dipendente - Operations presso Moneybox

2,0
24 giu 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Great culture in some teams. A great place to start your career, with funded support for certified qualifications. Good work-life balance. Supportive environment and staff (Though most will have left by now).

Svantaggi

Unclear and constantly "restructured" pay and promotion structure. You are always on track for the next period. This absolutely destroyed morale in many teams, to the point where everyone was looking out for themselves and stopped celebrating other colleagues' success stories in envy. Expectation and workload do not match up with compensation. Monthly meetings continuously emphasised how well the company was doing, with all targets exceeded, but it was never reflected in pay or other incentives. Be cautious with using Moneybox's Glassdoor reviews when deciding if this is the place for you to work. They tend to entice new starters, during their honeymoon period, to leave a good review in their first month. These reviews are not a clear picture of whats really going on. Not a place to work in roles which are industry-specific (Operations and Compliance). The company will constantly underpay and under-reward you in comparison to its competitors' compensation packages. Once you attempt to leave for a competitor, they will threaten to pursue legal action against you. Very harsh given many do not have the luxury to simply start from scratch in a new industry with lower pay (especially in London!).

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Risposta di Moneybox
11mo
Thank you for taking the time to leave a review about your experience at Moneybox. We’re really pleased that you felt Moneybox was a great place to start your career, noting the funded support for certified qualifications, good work-life balance, culture, supportive team and staff. Thanks for sharing your thoughts on our compensation package and promotion process, and we are sorry to hear you felt that the pay and promotion structure was unclear. We are committed to fair compensation, which is why we conduct biannual salary benchmarking reviews for every team, using external data from a range of expert sources. We do this in alignment with businesses of a similar sector, size and stage as ourselves. Regarding the promotion process, promotions are awarded on a meritocratic basis, aligned to the achievement of goals and level expectations and promotion decisions are subject to thorough functional leadership calibration. We’re also sorry to hear that you were unhappy with the enforcement of the non-complete clause: Non-compete clauses are common within the financial services industry for high growth businesses like Moneybox and are in place to protect our confidential information and business interests. Share options are granted to employees to motivate commitment and drive growth in our collective business (vs them being a payment for services). It is standard practice that anyone going to a direct competitor would forfeit their options. We're always looking for ways to improve the Moneybox experience. We encourage employees to share their insights at various key milestones of their journey with us, from the onboarding process and initial months to their first year and beyond, to provide a comprehensive view of what it's like to work here. Like many companies, we encourage feedback via both internal and external platforms. Thanks again for sharing your feedback.

Esplora altre recensioni su Moneybox

5,0
7 feb 2022
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

-Great chances for progressions and development. -The people and culture are second to none.

Svantaggi

-None that I've come across so far!

1
5,0
21 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

I genuinely enjoy working at Moneybox. The supportive environment, encouragement from the team, opportunities to learn and grow, and all the external activities make it a really fun and positive place to work.

Svantaggi

One downside of working at Moneybox is that the pay can feel lower compared to some of the other companies in the market, however the benefits, supportive culture, and positive working environment do help balance this.

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