You can only win with workplace politics - Anonymous employee MoneySmart Group Employee Review

1.0
14 Sept 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Unlimited leave - Flexible working hours (compared to traditional company, not using the standard as a startup/multinational company) - Friendly colleagues in HK office

Cons

- Worst management I've ever seen in my career life, poor financial judgement, spent a ton on branding and fire irrelevant people (nearly half of the people in HK left because of this mistake) after realising they overspent, which sounds complete nonsense to me - "Action speaks louder than words" does not apply here, since you can achieve a lot just by being good at presenting yourself - Do not expect to learn a lot from MoneySmart because it is a self-claimed start-up, it is not - Spent most of the time on strategy planning, reports and presentations, which will most likely be left in the achieve folder soon as no one takes actions - DO NOT EXPECT TO ACHIEVE GREAT THINGS HERE

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MoneySmart Group Response
5y
Dear Former Colleague, Thank you for your feedback. You seem really angry from your comments. I personally have small group sessions with every staff member on the HK team every 6 weeks or so to gather feedback and concerns so we can improve. It’s unfortunate that you didn’t feel safe to raise your concerns to me directly during those sessions when most people have. Those sessions allow for a more intimate setting where I can address your concerns directly. I don’t expect everyone to agree with the decisions we make but we’re always transparent about the rationale for the decisions during our fortnightly all hands. During the all hands we encourage questions about anything and answer every question asked so far. 

As a company, we believe in taking calculated risks. As with any risk, they don’t always pay off, no company makes 100% correct decisions all the time. It’s ok to not agree with our decisions, but we make the best decision we can with the information we have at the time and in-line with the risk we're willing to take. When we encounter failure it’s important to share what we’ve learned and how we’ll take the lesson moving forward. It pains me to see that you’ve left MoneySmart with such feelings in your heart. If you have any further feedback or feelings you'd like to get off your chest, please drop me an email. I hope you move on to bigger and better things and that you’ll take the experience here positively and achieve great things. All the best. Best Regards, Vinod

Explore other reviews about MoneySmart Group

3.0
18 July 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

People are really nice and it’s a fun environment

Cons

Senior management needs to align on a long term strategy.

5
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MoneySmart Group Response
7y
Dear former colleague, Thanks for recognising the culture and environment that we have at MoneySmart. We work very hard to bring on board the right type of people and create a culture where people love working together. Regarding business strategy, we try and spend as much time as possible to document and communicate this to everyone because we fully recognise the risks and inefficiencies of a misaligned team. We’re sorry that this wasn’t the experience you had at your time at MoneySmart, we’re taking your feedback onboard and looking into how we ensure that we do better. Thank you. Sincerely, Vinod Nair CEO
4.0
2 June 2026
Recommend
CEO approval
Business outlook

Pros

Relatively flexible work environment, positive and helpful work culture and colleagues, nice office environment and pantry

Cons

Structurally stagnant, misalignment in senior leadership

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