Openpay Reviews

3.6

64% would recommend to a friend

(99 total reviews)

Dion Appel

72% approve of CEO

52% positive business outlook

Openpay has an employee rating of 3.6 out of 5 stars, based on 99 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Openpay employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

99 reviews
1.0
21 Oct 2021

Disorganised

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I can't think of any apart from there were some nice people that worked there that were non-management

Cons

Very disorganised and unprofessional. Quite a narrow mindset considering they were supposed to be a cutting edge FinTech

avatar
Openpay Response
4y
Hi there, I am sorry to read that your time with us wasn’t as positive as we hope to create for our team. Over the past 2 years we have been working on imbedding simplified processes and routines to provide clarity and structure to the ‘way we do things’ and while in this years Team Survey we saw a 16% improvement in questions relating to the effectiveness of our work processes, we know we can always do more. Operating in the Financial Services sector means that we have a responsibility to ensure our work practices adhere to a number of different compliance standards. Sometimes that means that the areas in which we can innovate or create efficiency is limited. Nonetheless, we encourage innovation in the areas that we can evolve, and our Dream the Dream Innovation program is proof that our team have the opportunity to shape the future of Openpay. The feedback and ideas from our team have resulted in a growing list of initiatives including our range of flexible work options, the increased investment in learning and development and most recently, our new reward framework - making every Openpay team member an owner through our annual equity program. While these and many other improvements have been implemented in response to what our team are looking for from their employer, it’s unfortunate that for you, they did not resonate. I do however wish you all the best with whatever you choose to do next.
1.0
6 Aug 2020

Paranoid, out of touch managers and uninspiring work environment...

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

It’s hard to think of any, but a few of the general team are really great people, and you are always united in your confusion of what is going through the senior leaderships heads!

Cons

Too many managers. The senior managers are very paranoid and scared to make ANY decisions. They hire bright, young people, with great ideas but then constantly block them from doing anything - especially if it means they might look better than them. There is no clear leadership or direction, nobody has any idea what they are supposed to be working towards. For a tech company, the tech is non existent! Everything takes ages to be completed and decided, which makes it feel like a big corporate, but it’s far from, and not in a good way!

avatar
Openpay Response
5y
Hi there, Thank you for taking the time to review your experience with Openpay. While it would seem from your review that we have fallen short of meeting your expectations, I remain hopeful that as a current employee, you consider reaching out to our People team so we can gain further information and hopefully address your concerns. We don’t wish for any of our team to feel as though their efforts each day are not recognised or appreciated and would like to help. As you know, over the past 12 months, a lot has been achieved at Openpay. Achievements, which are in large part, due to the quick thinking and smart decisions being made our team. Their thirst to innovate & explore ways that we can evolve and improve our product – which seems to be working as we continue to grow, even in times of such extreme uncertainty as we are at present. While we understand that sometimes we could do things better, we’re pretty proud that in our recent team member survey, over 80% of our team said that their manager provides them with all the support they need to succeed, that we strongly support the health and wellbeing of our team and the ways we manage performance, enables our team to contribute as much as possible to our success. We won’t stop working on being better though! Communication and transparency both play a key role in how each member of our team is kept in the loop. Our fortnightly town hall meetings are a great forum where every member of our team – from across the globe, can remain informed. We communicate our direction, our progress, what’s next and most importantly, we celebrate the achievements of those who have played a big role in getting us there. If you haven’t taken the opportunity to join these calls, I really encourage you to. The live Q&A is a big hit with the team – with the opportunity for anybody to ask the questions that matter to them, directly to our senior leadership team, you definitely get to see what is going through their heads!
1.0
26 Jul 2021
Recommend
CEO approval
Business outlook

Pros

Management great at painting beautiful pictures.

Cons

Incredibly slow in decision making. More reactive than proactive. Incentive program is poorest I've ever worked for. A couple of the C level execs seem to have chips on their shoulders. In group session they are smiling, but one on one, they are the exact opposite. Horrible at following up on what they say they are going to do. (especially former Chief Commercial Officer and now CEO) Very political. I'd strongly recommend being careful in going to this company especially if you're not certain about the move from your current position.

avatar
Openpay Response
4y
Hi There, I am grateful for the time you’ve taken to provide us with your feedback and to let you know this has been passed on to Michael given the concerns you have raised. While I acknowledge the feedback that you have provided and the negative opinion that you have of the company, I am also aware of the circumstances surrounding your departure from Openpay and with that knowledge, I can't help but question the nature and intent of your comments. In the interests of providing the 'reader' with facts to allow them to form their own view, I have chosen to respond to some of the concerns that you have raised. As a company, we seek feedback as a way to improve. From quarterly pulse surveys to our annual Culture and Engagement survey and the 'nothing is off limits' Q and A during our monthly town hall meetings, we are gathering team member feedback (all of which is anonymous), from before someone starts with us to the day they depart. I am confident that the data we collect through these initiatives provides us with not only an accurate and up to date picture of 'whats happening' at Openpay, and allows us to identify the key areas of concern or opportunities that need addressing, but we are able to track and measure the impact of these improvements. While I acknowledge and believe that we can always do better, the company has a positive track record of turning feedback into actions and I am proud of the growing number of programs, initiatives and improvements that have come as a direct result of the feedback of our team. I believe our approach of being transparent with this feedback and involving team members in the solutions here have contributed to a reduction in our attrition rate in FY21 and a further increase in our engagement score. We aim to provide our team with pay and benefits that motivate, inspire and reward those who excel. Our exisiting incentive program within growth rewards based on the achievement of group and individual revenue targets and I'm pleased that are able to reward team members for their efforts when they hit and exceed their targets. To build on this, we're currently putting the final touches on new performance incentive programs which aim to recognise performance in roles beyond just growth and to provide meaningful ways for all of our team to benefit from the long term success of the company. As a member of the Senior Management team, I've long suspected that there may be a few with hidden talents amongst my colleagues. I'm confident however that painting is not one of them! I have been impressed with the storytelling abilities in the team, which I'm thinking is what you were alluding to in your critique. Being able to paint a picture or create a 'vision' of what is possible so that a team can be engaged and attach themselves to a mission or goals, is an important skill and one that can make a leader great. Displaying poor behaviours on the other hand, does not. As you know, the People and Culture team are available for team members to raise any concerns regarding the behaviour or conduct of a leader or another colleague. Our Whistleblower line is another avenue for raising such concerns with the option of making an anonymous complaint. I assure you that had any such complaint have been made by any team member regarding the inappropriate or unethical behaviour of any member of our team - no matter their position, that appropriate action would be taken. A public platform such as this is not an appropriate forum to raise serious concerns regarding the character or conduct of a colleague, especially as they are not afforded an opportunity to formally respond, therefore I encourage you to contact me directly to discuss your concerns in more detail, confidentially. As a company, we are committed to supporting the growth and development of our leaders. To support our regional leadership teams, we recently announced the introduction of our new global operating model (a change which was informed by the feedback of the team!). While we are still small enough to know everyone by name, as we scale into new regions, we wanted to ensure that our teams have the freedom and autonomy to make decisions at a local level that will help them win their local markets. This will also lead to quicker decision making, less reactivity, increased ownership within each region...the list goes on. While your time with us has obviously been impacted by the response of the business to your actions toward the end of your tenure, we nonetheless, wish you all the best with your future endeavours.
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Glassdoor has 116 Openpay reviews submitted anonymously by Openpay employees. Read employee reviews and ratings on Glassdoor to decide if Openpay is right for you.