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RBS worldpay
www.rbsworldpay.com Atlanta, GA 1000 to 5000 Employees
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RBS worldpay Employee Review

  • Work/Life Balance
         
  • Career Opportunities
         
  • Culture & Values
         
  • Senior Management
         
  • Comp & Benefits
         

 

selling merchant services on the edge of the financial services chain

Current Employee – been working at RBS worldpay full-time for more than 3 years

ProsStraight-up sales, walk into any business or networking event and find prospects. Enjoy autonomy, transactional sales, flexible hours, build your own business network, health care, decent training, increasingly sophisticated sales tools and infrastructure make this a fairly sticky gig. some smart folks in middle management.

ConsNo base salary. No residuals if not at quota. Less than 25% of sales team makes annual quota in the non-bank-affiliated SBM unit. Soul crushing to be instrumental in the merciless application of metrics mean that the less profitable customer accounts see regular hikes is fees, which erodes te referral base. in effect, the merchant services marketplace enforces a harsh regressive tax on the market; the smaller and more vulnerable the merchant the higher their fees will be.

Advice to Senior ManagementFirst stop being so stingy. Implement triple-bottom-line accounting. Recognize that even the business world is a community, and treat employees and customers accordingly.

– I'm optimistic about the outlook for this company

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