Tala Reviews

4.0

83% would recommend to a friend

(190 total reviews)
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Shivani Siroya

93% approve of CEO

61% positive business outlook

Tala has an employee rating of 4.0 out of 5 stars, based on 190 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Tala employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

190 reviews
1.0
10 June 2020
Recommend
CEO approval
Business outlook

Pros

*The people - a lot of nice employees work here, they desire to do good *Opportunities to build, create, and learn within your role

Cons

I didn't fully understand the phrase "the road to hell is paved with good intentions" until I started working at Tala. While "hell" is a strong word, the point is Tala preaches and intends to do good, but manages to stumble on its own untied shoelaces every step of the way. To preface, I think it's natural for a company to make mistakes, but Tala was exceptionally egregious when it came to this . First, I do hold Tala to a high standard because as a fintech company, Tala is responsible for the futures of folks in underserved countries, so the burden to take things seriously should be pretty high (it wasn't). Second, Tala makes so many of the same mistakes over and over again and is so actively consumed with its own internal drama that I think that the mistakes have stopped becoming acceptable and need to be called out. The root of Tala being a sloppy startup stems from something Tala does well: Tala does a great job of promoting a culture of "nice" and nice is generally a good thing, right? As a pro, a "nice" company attracts a lot of well-meaning employees wanting to feel good about their work. If you watch one video of Shivs' you'll see what I mean, Tala loves getting into the feels and talking about opening locked doors for underserved people. It's a "feel good" factory. However, over time I learned that "feeling" good has nothing to do with "doing" good... In a "nice" environment, a lot of well-meaning Tala employees came to expect a lot while outputting very little. Manager oversight and policies were so lax around the office, you could do whatever you wanted - clog your calendars with 30 min "syncs" that were simply coffee and cigarette breaks, go party your butt off in another country on a "work trip" (on the company's dime), let your dog go to the bathroom on the office carpet - whatever! Leadership had a, "Treat others as you wish to be treated" perspective about this, which is to say, leaders didn't want to be held accountable for any of their actions, so neither did anyone else. There were too many instances where leaders would be more interested in sorting out who was bunking with who at the company retreat (feeling good) rather than doing any sort of productive work (doing good). Over time, the leader on my own team went from holding consistent department-wide meetings to cancelling them outright. If I were to suspect why, when the meetings were happening, this leader typically worked off a meandering agenda where the first 30 mins were usually reserved for talking fluff, asking cutesy icebreaker questions, etc. There wasn't much of a point to these meetings and while it was this leader's job to build that agenda and give the meetings purpose, they preferred to cancel. This leader also appeared very uncomfortable with speaking in front of their own direct reports and would usually "encourage" (push) their direct reports to lead meetings. Abandonment of duty so prevalent that another leader in my department outright hired a consultant to do their work for them, effectively causing us to pay two salaries for work we didn't need in the first place. This consultant freed up this leader to, you guessed it, not produce any work, but instead book their calendar with personal errands and more coffee chats. As an employee it was very frustrating seeming leaders so disinterested in what should be really exciting, challenging work. Over time I came to see this culture of "nice" corrupted into a complete abandonment of duty and responsibility. That's why now I'd say Tala is a "nice" company but certainly not a good one. And in regards to the "moral" good Tala claims to do, after having worked there, I'd struggled to say Tala's net impact is good on its customers... - To conclude, working at Tala was the personification of the "facepalm" emoji. I've had some time to reflect on Tala and I'm still reeling from the experience and something has been gnawing at me to write this review to, at the very least, give a heads up about joining Tala. If you join, don't just "act" good, DO it. And keep lazy peers accountable, raise the bar. If you join, your job will be far more than the work you were hired to do. You're gonna have to figure out how to navigate around some landmines of personalities - good luck!

1.0
26 Dec 2020

Narcissistic Leadership

Recommend
CEO approval
Business outlook

Pros

Get to travel the world pre-covid, great colleagues in emerging markets.

Cons

My part of the org is led by the Chief Risk Officer/Chief Strategy Officer. He just loves everything about himself. He dominates every meeting by somehow making it about him. It could be his team, his past experience or his family. If he has nothing to add he will repeat his questions over and over. In the beginning we were all impressed by his experience and had high hopes for him but he is a charlatan, he micro manages like crazy and calls it "rolling up his sleeves". He is an immature leader and does not deserve to be a executive at the company. Unfortunately his boss the CEO is less mature and less experienced so she doesn't know how to manage him. Tala is also the place where you can easily change your careers at very senior levels. For a company that is globally distributed with so many nuances in people policies the company should have a solid HR team led by someone with real experience. This company will be mediocre if its around in a few years.

1.0
1 Sept 2022
Recommend
CEO approval
Business outlook

Pros

Great teammates, really mission driven, kind people from all over the world focusing on doing their best work. If you want to work with some of the best and brightest (at least until they quit a few months in), come work at Tala.

Cons

Tala is disappointing and rife with people who, seemingly in a matter of days or weeks, are shocked to find a truly inept, scared and awkward senior leadership team. Again, while your teammates may end up being some of the best people you'll meet, senior leadership tends to be defensive, insecure and divisive. Perhaps this is a function of some really great people deliberately remaining in an IC capacity after having attempted to become senior directors or above and being witness to the demoralizingly inept reality that Tala is run by people of average competence and intellect with below average temperaments, ingenuity and creativity. It would seem quality people are brought in with some fanfare only to watch them leave just a short while later because expectations weren't managed well during their interviews. Or they were outright lied to. Frankly, if there were more honesty during the interview process (a hallmark of companies, even startups, trying to improve and address issues at the root cause level) you could mentally prepare for working at a seven–year old, largely inept startup who has relied on venture capital since the beginning as the default corporate social responsibility arm of companies like PayPal. Essentially, Tala is a line in some other company's CSR deck explaining that they're funding the change they want to see. At least before 2022's perceived economic downturn. If any of us had been told honestly, "hey, it's going to feel like you're working at a last ditch effort to turn things around, to justify this last bit of money we've gotten," we would understand what we just left our jobs or other opportunities for and promptly roll up our shirt sleeves and get to work with the appropriate level of urgency. Instead... A few symptoms of this ineptitude are some of the same dynamics you might expect to find at a dysfunctional, small to midsized, family run company: -A prejudicial environment in which people of color, people new to the industry, seasoned professionals, people who didn't grow up in a white, middle-class family or above, tend to feel ostracized, and quietly or overtly pushed out. -When you start to see all the grayed out profiles of people who've recently left within the last year, particularly among those based in the US, a pattern emerges, and that pattern looks like the inverse of the list I shared above. -A pervasive contractor mentality: Look no further than to any one of the tens of weekly, interminable meetings you might find yourself in to understand what you're really meant to do here: Agree openly if not enthusiastically to the highest paid, non technical person in the call then suffer silently through a patchwork tech stack made up of short-sighted decisions people who long before made because they inherited the same from some other ostracized group of devs who have since quit in protest. Rinse and repeat. -An icky, toxic positivity that feels more like a status update on a North Korean scrum team, including prop project/product managers who's smiles feel like they're coming under duress for fear of offending the supreme leader. -A "mean girl" environment in which gossip is disseminated from senior leadership to let others know who is now outside the circle of trust. Here are some questions you should ask during your interview: -What is our attrition rate, particularly in engineering? Why? What's contributed to that rate of attrition? Ask follow up questions here maintaining the veneer of SoCal positivity that's expected of a future Talazen. -What's our financial outlook, have we been profitable? Why or why not? What efforts have been made to turn things around or accelerate profitability, if any? -Do we have a roadmap? What's informed this roadmap? (Here you should listen closely, there's a lot of intricate wordplay stolen from a social impact deck someone likely Googled that could be more easily explained by, "we've gotten bad press over the last few years, and to avoid that bad press, we're reactively working on products that no longer inadvertently export lifelong, high–interest rate debt slavery to developing countries all while building the capability to identify and segment users across four different markets with wildly different behaviors and needs on a tech stack that's more fragile than our newly minted CTO's ego". -What huge initiatives have recently failed or succeeded and why? What were our learnings or takeaways? How will I be enabled to enact those changes (see previous response on attrition rate and compare answers)?

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Tala Response
3y
Thank you for taking the time to write this review. Our leadership is made up of people from all different backgrounds, which makes Tala a uniquely diverse place to work. Our leaders uphold values of being empathetic, humble, and curious. Just as we aim to create equitable opportunities for our customers, our leaders are striving to do the same for our employees. Our leaders are aligned on delivering our mission of creating access, choice, and control for all customers, and they understand this requires investing in our people and providing resources to help them grow professionally. Since the start of 2022, we’ve implemented a system to keep ourselves accountable for impact to ensure we are meeting company goals and growth. This has helped teams across the company to understand the roadmap and how their contribution makes an impact. We encourage you to reach out to us or your People Business Partner if you don’t understand how your role connects to our mission. We continue to build an environment that’s inclusive and representative of the communities in which we serve. And we continue to look for great talent that embodies our values. If you continue to feel unheard, please connect with a member of our People team so we can help address your concerns.
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