Paytm Money Reviews

2.9

39% would recommend to a friend

(327 total reviews)

Varun Sridhar

59% approve of CEO

42% positive business outlook

Paytm Money has an employee rating of 2.9 out of 5 stars, based on 327 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Paytm Money employee rating is 22% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

327 reviews
1.0
1 Nov 2018
Recommend
CEO approval
Business outlook

Pros

You will learn about financial domain business rules through your system failures.

Cons

There is no road map, no discussions every decision comes from one guy, they wanted to hire people who follow their orders. Lot of internal politics, one of senior executive brought incompetent leaders. Who don't deserve position of intern. They pamper people who say yes to their wishes. No technical discussion, no code review, deadlines can extend if you're in their circle. They don't understand industry standards in software development. Customer interest is zero. As employee they treat you as salves. When prioritising tasks they say all things are priority. They ask you to work on weekends. They check your login times in system if you leave early on any single day. Don't think of work from home. They don't trust your commitment. Once employee drops paper to organisation, they threaten you by saying "I will ruin your career ". After 6 months of exit from company they take your name in RCA. Saying this was written by xxxx developer. What your team was doing from 6 months ? What you understood in KT? What testing you guys did on that feature ? I personally don't suggest this company to anyone.

1.0
29 Sept 2018

Don't waste your Career

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Nothing, just the brand name.

Cons

No proper management. No hierarchy No discussions No code reviews No work from home Only learning will be to write the if else statement, there is no concept of design. Adhoc requirements, No engineering lead or architect. The worst company to work for

2.0
6 Feb 2021
Recommend
CEO approval
Business outlook

Pros

Micro-services architecture, latest tech stack. Good brand. No one calls/pings you on weekends and after office hours.

Cons

Around 10% of developers are fired in March'20 with performance as reason. It was a shock to everyone. In Mar'20, they made all our leaves to ZERO. (including sick leave and privilege leave). If we want to take leave between Mar'20 and Jun'20, Loss of pay is the only option. Even that needs your manager approval :P. Hike cycle was delayed from Mar'20 to Oct'20 and everyone received single digit hikes :P. So much for a startup. Very less scale, only 5 lakhs users have KYC though they claim they have 5 million users. Other 45 lakhs users just logged in and never came back :P. Need to stay for 9 hours in office, they will track timings. Irrespective how good you may work, you will be reminded of this in your appraisals. Your manager has access to your in and out timings. Its very tougher than you think (especially when you don't have much work) Higher management are very incompetent, instead of helping you work efficiently, they make you inefficient with their ridiculous philosophies. Even they don't like to work in paytm money, but guess what, they are so incompetent that they can't even change company :P. Very high attrition rate, no one will stay more than 2 years (especially in 1-5 yrs experience band), whole team changes every two years (except higher management as they can't change company). They are very cheap (2 lakhs health insurance, 2k budget per person for half yearly outing). They are so cheap that they are not asking employees to come to office during corona only because they vacated koramangala office not because they care about employees.

Viewing 1 - 3 of 327 Reviews

Glassdoor has 336 Paytm Money reviews submitted anonymously by Paytm Money employees. Read employee reviews and ratings on Glassdoor to decide if Paytm Money is right for you.