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Whilst the reasoning behind this (tax etc) was understandable, it was communicated from the legal/people team without a shred of empathy for those it affected.
Reviews from Monzo employees about Monzo culture, salaries, benefits, work-life balance, management, job security, and more. Everyone outside of the club is unfortunately overlooked. Especially due to the ever-changing of guidances and practices. Monzo has been complacent on issues of race and the company culture has suffered. Employees are let go for arbitrary reasonsI worked at Monzo Bank full-time for less than a yearI have been working at Monzo Bank full-time for less than a yearBy far the best place I have ever worked. The inconsistency and lack of communication from management is discouraging, especially for a company that prides itself on transparency. Monzo Bank Limited is a company registered in England and Wales (No.
Positive workplace. If you want to find a career I would recommend this place.
We’re building the best bank in the world - a bank you'd be proud to use - and that means bringing together a talented team with diverse experiences, backgrounds and skills. Three days later, at the company meeting, yet another bombshell was dropped by TS himself that we would be making 100+ redundancies. Looking ahead, Monzo have their sights on cracking the US, with offices already set up in the city of sin, Las Vegas. " I've had the best time of my career at Monzo " (in 26 reviews) " The flexible working hours really suit me and having so many different areas to work in both within the office and working from home is great " …
I'm sad that they are closing down the US locations.
A can-do attitude amongst teams: people are solution focussed and work together without disruption.
I worry that the people who have made this special are being removed from the equation and whilst profitability is undoubtedly the most important thing here, it seems that this has become the entire focus and the thing that made Monzo different is slowly fading away.I have been working at Monzo Bank full-time for more than a yearFlexible working: even before Covid the company was equipped well for people to work from home.
People work in fear of losing their jobs and the compliance measurements are subject to change daily.
Also during this time, a group of Associate Engineering Directors were likewise promoted. Everyone is so friendly and supportive. There is plenty of support at all times though, it's just easy to get lost. You have targets but you are not strained and disrespected in your daily workload.
Even working from home, people reach out to you to offer advice and support if they've picked up on something you may have gone wrong on or if you just need advice. Your response will be removed from the review – this cannot be undone.This will replace the current featured review for targeted profile. Sign in | Employers / Post Job. The next "big" announcement was in January, the "reward" team were going to be introducing a monthly performance review system. Everyone is so friendly and supportive. You have targets but you are not strained and disrespected in your daily workload. A lot of trust is put in staff to do what they think is best, there's a lot of freedom as long as youre still following regulatory rules and guidance. Meanwhile, I also understand that Monzo Las Vegas employees are being given two months’ notice, with full pay and healthcare.
Sign in | Employers / Post Job. I think the base pay is pretty generous too, considering you get so much freedom and allowances alongside it. Whilst the furlough scheme was ahead, Tom Blomfield stood down as CEO to make way for TS Anil. A furlough scheme was introduced a few months ago that would "mean we would save peoples jobs in the long run". Historically, there’s been very little internal stakeholder management, you're trusted to get on with the work. Soon after this, the people on furlough were returning back excited to get going after two months of being away from their work.
It can seem a little hectic and unorganised sometimes but I think that's all a learning curve being such a fresh bank.
My only complaint about Monzo is the pay.
A Monzo debit card being used at a payment terminal.
The special thing about Monzo was that everyone felt part of something, like you were a family all working towards a vision - we did things differently to other banks and other companies, but that was ok because we were in this together. The inconsistency and lack of communication from management is discouraging, especially for a company that prides itself on transparency. It should be said at this point that Monzo is haemorrhaging money. It could have been a bit higher for the work we have to do.This is a great company and I loved how willing they were to help out and everyone was super friendly and very encouraging! Feedback to upper management is "not encouraged".
Whilst the reasoning behind this (tax etc) was understandable, it was communicated from the legal/people team without a shred of empathy for those it affected.
Reviews from Monzo employees about Monzo culture, salaries, benefits, work-life balance, management, job security, and more. Everyone outside of the club is unfortunately overlooked. Especially due to the ever-changing of guidances and practices. Monzo has been complacent on issues of race and the company culture has suffered. Employees are let go for arbitrary reasonsI worked at Monzo Bank full-time for less than a yearI have been working at Monzo Bank full-time for less than a yearBy far the best place I have ever worked. The inconsistency and lack of communication from management is discouraging, especially for a company that prides itself on transparency. Monzo Bank Limited is a company registered in England and Wales (No.
Positive workplace. If you want to find a career I would recommend this place.
We’re building the best bank in the world - a bank you'd be proud to use - and that means bringing together a talented team with diverse experiences, backgrounds and skills. Three days later, at the company meeting, yet another bombshell was dropped by TS himself that we would be making 100+ redundancies. Looking ahead, Monzo have their sights on cracking the US, with offices already set up in the city of sin, Las Vegas. " I've had the best time of my career at Monzo " (in 26 reviews) " The flexible working hours really suit me and having so many different areas to work in both within the office and working from home is great " …
I'm sad that they are closing down the US locations.
A can-do attitude amongst teams: people are solution focussed and work together without disruption.
I worry that the people who have made this special are being removed from the equation and whilst profitability is undoubtedly the most important thing here, it seems that this has become the entire focus and the thing that made Monzo different is slowly fading away.I have been working at Monzo Bank full-time for more than a yearFlexible working: even before Covid the company was equipped well for people to work from home.
People work in fear of losing their jobs and the compliance measurements are subject to change daily.
Also during this time, a group of Associate Engineering Directors were likewise promoted. Everyone is so friendly and supportive. There is plenty of support at all times though, it's just easy to get lost. You have targets but you are not strained and disrespected in your daily workload.
Even working from home, people reach out to you to offer advice and support if they've picked up on something you may have gone wrong on or if you just need advice. Your response will be removed from the review – this cannot be undone.This will replace the current featured review for targeted profile. Sign in | Employers / Post Job. The next "big" announcement was in January, the "reward" team were going to be introducing a monthly performance review system. Everyone is so friendly and supportive. You have targets but you are not strained and disrespected in your daily workload. A lot of trust is put in staff to do what they think is best, there's a lot of freedom as long as youre still following regulatory rules and guidance. Meanwhile, I also understand that Monzo Las Vegas employees are being given two months’ notice, with full pay and healthcare.
Sign in | Employers / Post Job. I think the base pay is pretty generous too, considering you get so much freedom and allowances alongside it. Whilst the furlough scheme was ahead, Tom Blomfield stood down as CEO to make way for TS Anil. A furlough scheme was introduced a few months ago that would "mean we would save peoples jobs in the long run". Historically, there’s been very little internal stakeholder management, you're trusted to get on with the work. Soon after this, the people on furlough were returning back excited to get going after two months of being away from their work.
It can seem a little hectic and unorganised sometimes but I think that's all a learning curve being such a fresh bank.
My only complaint about Monzo is the pay.
A Monzo debit card being used at a payment terminal.
The special thing about Monzo was that everyone felt part of something, like you were a family all working towards a vision - we did things differently to other banks and other companies, but that was ok because we were in this together. The inconsistency and lack of communication from management is discouraging, especially for a company that prides itself on transparency. It should be said at this point that Monzo is haemorrhaging money. It could have been a bit higher for the work we have to do.This is a great company and I loved how willing they were to help out and everyone was super friendly and very encouraging! Feedback to upper management is "not encouraged".