An example of how to ruin a once good company. - Senior Software Engineer Paysafe Employee Review

1.0
Jan 31, 2024
Recommend
CEO approval
Business outlook

Pros

- Despite the challenges, some dedicated professionals persist within the company. - It can be a beneficial starting point for interns. - Good CI/CD processes.

Cons

- It´s difficult to be promoted unless you threat to quit. Every area does it its own way and it´s more related to politics than anything else. - Numerous processes, even essential ones, seem to exist merely to check off boxes, with little concern for actual value or proper execution. - Constant, unorganized priority changes and short-term initiatives lack effective organization, scope, and progression. - Benefits vanish without prior notification. - Contractors are hired without undergoing a technical interview. - It doesn't matter whether you perform or not. Lazy people continue to bounce from one team to another because no one wants to take the time to fire them, causing the morale of working employees to decline steadily. - Certain products lack essential support and maintenance, relying on the goodwill of other teams. - Lots of spyware installed in windows machines that makes good machines almost useless and Macs are only replaced when completely nonfunctional. - System updates are applied company wide before knowing if they are safe or will cause major issues. - While respecting the sensitivity of the information, there is room for improvement in security measures and processes. - Disturbingly, disrespectful and threatening behavior among colleagues is tolerated by managers. - No QA - Senseless budget cuts in some areas while spending in other less important ones. These issues collectively contribute to a declining work environment, overshadowing the positive aspects of the company's history and potential.

Explore other reviews about Paysafe

5.0
Apr 7, 2026
Recommend
CEO approval
Business outlook

Pros

I recently joined the Paysafe team. My experience has been very positive. The onboarding process was well organized, informative and smooth from the start. The team has been super welcoming and supportive. It is clear that the company values its employees and creates and environment where new team members feel comfortable, included and motivated to succeed.

Cons

As a new employee, there is naturally a lot of information to absorb during the onboarding process, but the support provided has made it manageable and encouraging.

2.0
Apr 7, 2026
Recommend
CEO approval
Business outlook

Pros

• The company offers some flexibility with remote/hybrid work options in certain teams. • Exposure to fintech and payment processing technology can be interesting for those new to the industry. • Decent health benefits and standard PTO in many locations.

Cons

• For the third consecutive year, the company has failed to pay out performance bonuses despite meeting or exceeding individual and team targets. It seems that they set very high budgets deliberately so no variable pay is paid. This has significantly impacted morale and trust in leadership. • Compensation overall feels below market rate for the skills required, especially when bonuses (which were promised as part of the total package) are consistently withheld. • Frequent reorganizations and shifting priorities create uncertainty and make it difficult to plan long-term. • Communication from senior leadership about financial performance and bonus decisions has been poor and lacks transparency. • They constantly lay off people to make up for losses in revenue.

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