Transact Reviews | Glassdoor.co.in

Transact Reviews

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Found 40 reviews

4.2
StarStarStarStarStar
Rating TrendsRating Trends
84%
Recommend to a Friend
98%
Approve of CEO
Transact CEO Ian Taylor
Ian Taylor
30 Ratings
  1. "customer executive support"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Negative Outlook
    No opinion of CEO

    I worked at Transact full-time

    Pros

    nothing to say good about it

    Cons

    less salary,no proper work environment,groupism

    Advice to Management

    try getting few advice from employee

  2. "Good opportunities for personal growth in Client Operations"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Client Operations Supervisor in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Transact full-time for more than 2 years

    Pros

    - Good career opportunities in promotions and secondments to other departments. - Very good, in-house systems which are constantly updated to adapt to the changing business. - A very friendly working environment - Good training for somebody relatively new to pensions, bonds etc, and supportive peers for continuous learning. - Lots of opportunities to become a Subject Matter Expert, specialising in an area of the business....

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    Cons

    No major ones that I can think of

  3. "Great Place to Work!"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - OPR Facilitator in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Transact full-time for more than a year

    Pros

    - Friendly staff and working environment - Great salary and bonus - Share incentive scheme - Well located and equipped office - Room to progress and learn new skills

    Cons

    - none that I've come across!

    Transact Response

    March 12, 2019Recruitment Manager

    Thank you for taking time to leave a review. Our people are an important part of our culture and it’s great to hear everyone has been friendly and welcoming. Thank you for all your hard work and we hope you continue to contribute to Transact's ongoing success!

  4. "Very Promising So Far"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Document Management Administrator 
    Approves of CEO

    I have been working at Transact full-time for more than a year

    Pros

    - Interview process was very straightforward and quick. Applied for the job on a Tuesday and had a formal job offer by Friday. Was made to feel very comfortable by recruitment team throughout. - Induction Process. Everyone at Transact is assigned a 'buddy' when they join, who helps them to get up to speed with the daily tasks. You progress at a good speed without ever feeling like a rabbit in the headlights. Opportunity...

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    Cons

    - Not much to say here. Work can vary from day to day, some days are very manic whilst some days there's not a lot to do but that's the nature of the industry.

    Advice to Management

    Keep up what you're doing! The company culture/lack of any hierarchy was a pleasant surprise when I joined and definitely a big part of Transact's success in my opinion.

  5. "Very grateful for my time here. Wish the firm all the best for the future."

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Trade Executor in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Transact full-time for more than 4 years

    Pros

    - Fantastic people, both staff and managers. - Well-made, own systems that are constantly adapting and improving. - Diverse and interesting market exposure.

    Cons

    Salaries are apx 30% lower than all comparable Financial Services firms in the area. This means that all the best staff are constantly poached by rivals, leading to a massive BRAIN DRAIN. (This is sadly why I had to go).

    Advice to Management

    Review your remuneration policy, in order to: 1) Retain more of the talent you have, by slowing staff turnover rates. 2) Reduce the need to keep employing costly recruitment agents.

    Transact Response

    January 31, 2019Recruitment Manager

    Thank you for taking the time to leave a review. Our people at Transact are a really important part of our culture and it is great to hear that you enjoyed working with everyone. We are very proud of our proprietary software and strive to continuously improve the systems with monthly ...

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  6. "Client Operations"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - CSM 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Transact full-time for more than 2 years

    Pros

    The people are great, and thew company has good values and a good vision.

    Cons

    Too much work for too few staff means the standards of the service are slipping. Senior management have their way of thinking and it creates a line of processing robots.

    Advice to Management

    Listen to staff

    Transact Response

    November 12, 2018Recruitment Manager

    Thank you for taking the time to leave a review. It is great to hear how positive you are about the people you work with and the visions and values that Transact is built upon. We appreciate work levels have increased and we are currently undertaking regular recruitment cycles to ...

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  7. Helpful (9)

    "Great stepping stone with some major drawbacks"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Client Service Manager in London, England
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Transact full-time for more than 2 years

    Pros

    - Good training & steep initial learning-curve. A good place to gain a high-level understanding of UK intermediaries. - Reasonable remuneration for operations role although they'll take their pound of flesh & competition pay more. - Great office in prime location. - Strong industry reputation which looks good on CV. - Good systems.

    Cons

    - Highly stressed, negative and frankly unwell workforce. Two of my immediate colleagues were signed off for long-term stress during my time in the business. Management will happily pressure staff into this situation and then unapologetically manage them out once they reach it. I resigned long before this happened to me. - Learning fully curve plateaus after 1 year. - Middle management are patronising, anti-intellectual,...

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    Advice to Management

    Great business model but comes at the expense of young, ambitious people. You will continue haemorrhaging the talent you attract unless you improve the working environment for those joining in industry.

  8. "Client Service Manager"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook

    I have been working at Transact full-time

    Pros

    Lots of exposure and solid training when you first start. Decent bonus and salary for fairly easy job.

    Cons

    Hard to move upwards

    Transact Response

    May 25, 2018Recruitment Manager

    We offer a very extensive training program here at Transact and it is great that you have been able to take advantage of this and get some good exposure. We are always keen to improve our employee progression opportunities and advertise opportunities internally where possible, both ...

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  9. "Good team - decent wages - very demanding"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

    I have been working at Transact full-time for more than 2 years

    Pros

    Great people in the office to work with and the overall package is pretty good considering the role.

    Cons

    The demand for the service is exceeding the staff so there's alot of pressure to deliver - his should soon even out as major recruitment cycles are being done

    Transact Response

    March 29, 2018Recruitment Manager

    Thank you for your review. The people at Transact are an important part of our culture and it is great to hear that you enjoy working with everyone! We appreciate that following the recent growth of the business the work load has increased however you are right in saying that we are ...

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  10. "Finance"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Transact full-time

    Pros

    Great company to learn industry

    Cons

    No canteen, few company socials

Found 40 reviews