Does Payment Systems Regulator pay their employees well?

According to anonymously submitted Glassdoor reviews, Payment Systems Regulator employees rate their compensation and benefits as 3.4 out of 5. Find out more about salaries and benefits at Payment Systems Regulator. This rating has decreased by 5% over the last 12 months.

How satisfied are employees working at Payment Systems Regulator?

21% of Payment Systems Regulator employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Payment Systems Regulator 2.7 out of 5 for work life balance, 2.2 for culture and values and 2.5 for career opportunities.

What are the top reviewed jobs at Payment Systems Regulator?

Senior Associate (6) , Associate (4) , Administrative Assistant (2) , Manager (2) , Policy Manager (2) , Senior Strategy Associate (2)

What are the pros of working at Payment Systems Regulator according to real employee reviews?

"Work life balance is good" ((in 2 reviews))

What are the cons of working at Payment Systems Regulator according to real employee reviews?

"Blame culture and victimisation of those that speak out" ((in 6 reviews)); "Senior leadership (HoDs) openly berate individual very junior staff for performance in large team meetings" ((in 4 reviews)); "Disfunctional senior management filtered down to rest of office." ((in 3 reviews)); "Management is chaotic and people at the top take no responsibility for anything." ((in 3 reviews))

Payment Systems Regulator Reviews

2.4

21% would recommend to a friend

(31 total reviews)

19% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (31 reviews)

Payment Systems Regulator has an employee rating of 2.4 out of 5 stars, based on 31 company reviews on Glassdoor which indicates that most employees have an average working experience there.

Reviews by job title

31 reviews

1.0

14 July 2017

Payment Systems Regulator - Senior leadership shambles, limited shelf life, people leaving in droves

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Payment Systems Regulator - Good pay relative to economic regulators not compared to financial services industry

Cons

Payment Systems Regulator - Legal and policy team people leaving in droves All original legal team gone in two years Capricious bonus awards and promotion HoD level is fractious, out of control and not held to account Comms team has more managers than any other team Number of regulated payment systems about to decrease rapidly Poor promotion prospects Most of good work has been done - limited shelf life and vague strategic direction Blame culture and victimisation of those that speak out

1.0

4 Dec 2020

Not great

Associate

Recommend

CEO approval

Business outlook

Pros

The remuneration is quite good but not worth it.

Cons

There is a lack of leadership from senior management. Middle management do not offer any challenge to senior management over anything. The culture is broken. The abnormally high sickness absence levels and staff turnover particularly in the legal department speak volumes.

4.0

16 June 2022

PSR

Manager

Recommend

CEO approval

Business outlook

Pros

Exciting space in regulation Agile, fast paced interesting work

Cons

Absolutely no concept of understanding not to over work people and what this genuinely should look life in real life

Viewing 1 - 3 of 31 Reviews

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