Avoid - disastrous business - Account Manager Caxton Payments Employee Review

1.0
Aug 25, 2016
Recommend
CEO approval
Business outlook

Pros

Lots of the people are nice and friendly The location in Victoria is quite convenient for most commuters and has lots of shops etc.

Cons

Where to begin... Moral is generally low and most people are thinking about the next step in their career as they know this business will struggle to stay around for years to come. The business is about as FinTech as an abacus! The CEO thinks he is a celebrity and refers to the business as a innovative start-up, the business is 14 years old and lacks the basics that a new start-up would have in place by month 3. Poor decision making driven by ego has lead to a decline in growth... It's clear that some people have only got to their senior positions based on length of service, not ability or merit. The most obvious weakness is the leadership of Operations (as other reviews have mentioned) - there is more of a focus on unwashed cups in the kitchen sink than the huge number of complaints and missed phone calls. Operations like to laugh...loudly - like a hyena. The business makes frequent bizarre decisions and planning is non-existent. If you want a good laugh guess which review on here is clearly written by the CEO himself... Leaving this business was the best decision I ever made!

avatar
Caxton Payments Response
9y
Hi. Thank you for your review. Your feedback is important to us and I appreciate your comments about how friendly people are here but I am sad to see your comments about the CEO and the senior management team. I am saddened also by the fact that you felt that you could not raise your concerns or feelings whilst you were working in the business, either with your manager or as part of an exit interview. I would welcome the opportunity to discuss this feedback further in full confidence. If this is of interest please contact me in the usual way. I am happy to reassure you that 2016 has seen good growth across all areas and that the company is in robust financial health. I hope your current role is proving happier and more successful and wish you all the best throughout the rest of 2016. Director of People

Explore other reviews about Caxton Payments

4.0
Sep 11, 2020
Recommend
CEO approval
Business outlook

Pros

-fantastic people -great company culture -prime location -cross-department collaboration

Cons

-manager feedback not constructive enough -heavily reliant on travel industry's growth -disconnect between executives and regular employees

2.0
Dec 12, 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great, friendly co-workers. Good central location, and often interesting work in global trade. The office really closes by 5:30, and there aren't really any late nights.

Cons

Poor compensation for the financial field, leading to high turnover. Upper management is unhelpful and often unreasonable.

2
See reviews by: Helpful|Rating|Date|All