Zepz Reviews

2.9

44% would recommend to a friend

(413 total reviews)

Barrie Morris

51% approve of CEO

42% positive business outlook

Zepz has an employee rating of 2.9 out of 5 stars, based on 413 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Zepz employee rating is 22% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

413 reviews
1.0
3 Aug 2023

Much better options out there - don’t waste your time

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Flexible working is a benefit

Cons

Pay Senior management Unclear on business direction, strategy or goals Changing goalposts when it comes to mid and annual reviews When you leave, give you no evidence on final remittance and underpay

avatar
Zepz Response
2y
Hey! Thank you for taking the time to share your feedback about your experience working with us. We truly value the insights of our employees, past or present, and your comments give us the opportunity to keep improving. We're happy to know that you found our flexible working options to be beneficial. We believe that giving flexibility is essential for a great work environment and supporting the unique needs of all of our employees. It's concerning to hear about the issues you've outlined, and we would like to address them. If there are any specific concerns about pay or interactions with senior management, we would really appreciate the opportunity to discuss these matters directly with you. Fairness is core to what we do, and we want to ensure that any misunderstandings are clarified. We know that clear communication around the company's direction and goals is vital for alignment and success. We are continually working on ways to ensure that all employees have a clear understanding of our vision and how their roles contribute to achieving that vision. This, for example, can be seen now with the rise of our AMA (Ask Me Anything) sessions. Regular and transparent evaluations are an essential part of our commitment to growth and development. If you felt that the goals shifted unfairly during your mid and annual reviews, we want to learn more so that we can prevent similar issues in the future. Finally, it is our policy to provide full and accurate remuneration. If there was an error or miscommunication with your final payment, please contact our People team as soon as possible, and we will work straight away to resolve this. Your experience and concerns are essential to us, and we are committed to making the necessary improvements. We invite you to reach out to us directly so that we can discuss your specific experiences in more detail and take appropriate action. Thank you again for your feedback, your hard work at Zepz and we wish you all the best!
1.0
16 May 2023

Avoid working here at all costs

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The salary was competitive and there are some great people trapped here.

Cons

The work environment is the definition of toxic. People are laid off every month. This includes critical and well-respected experts who are an endangered species, with no clear reason or explanation other than "business reasons". Absolutely no effort is made to retain or develop talent. They just hire back another batch when they think they need more people and do it over again. When you can't figure something out because people are too new bring in the consultants who are the partial experts because they've been called in so often to complete 50% of the work before deciding they are too expensive. The turnover situation is so bad there is almost nobody there that has any decent understanding of many of their critical systems. Good luck if you need something fixed in a timely manner, or if you are new and looking for help to get up to speed. Nobody feels they have job security or is happy. Despite this senior management is completely oblivious of the extremely risky situation they are in. They consider everything a top priority and set wildly unrealistic timelines that are laughed at as absurd by all who know better but weren't consulted. Despite high turnover at the senior level as well the same issues persist and are not getting any better. If you don't understand the branding Zepz = Worldremit (Toxic). Sendwave, which seemingly was once a nice place to work, is in the final stages of being devoured and destroyed ask everything becomes Zepz. The benefits are not great and getting worse.

avatar
Zepz Response
3y
Hello, thank you so much for your review and for taking the time to share more about your experience. Although we're glad you were happy with your salary and the people you worked with we are overall sorry you feel this way about your experience. Our ambition is to be a profitable, high growth business that delivers value for our users. This empowers us to be purposeful about our reinvestments, delivering more value to our users, creating a virtuous circle of reinvestment and growth. We believe that for us to grow stronger and provide better value to customers we need to be a leaner, more agile team. Making decisions like this is never easy, and we’re very sorry your role has been impacted. Throughout the process, as we shared, our main priority was and will continue to be to treat our colleagues affected with respect, empathy and in line with our commitments. We’re also offering as much support as we can, and our Employee Assistance Programme is also available to all colleagues 24/7 and provides free, confidential counselling, coaching and practical advice. Thank you again for your hard work during your time at Zepz, and we sincerely wish you all the best moving forward.
2.0
20 Mar 2024
Recommend
CEO approval
Business outlook

Pros

- Remote work - Opportunity to work with a global team - Potential to possibly learn new skills depending on prior experience - Potential to meet some great people (who will then probably resign)

Cons

- Extremely low trust org - Very poor leadership and management - Poor product - Questionable ethics and customer data protection Zepz is a terrific case study of what NOT to do in business. There is significant turnover at all levels (including CFOs, and CEOs), there is extremely low trust across the org, and there is ample quiet-quitting. The People and Operations orgs are especially poorly performing. The integration of the two brands was executed as if it were the first time the Chief People Officer had ever done it; and the Operations org is structured in a way that does not make sense nor support the initiatives that so desperately need to get done. If you're constantly restructuring and creating new "strategic" plans, and don't have the discipline to ride them out (probably because they weren't solid to begin with), you are doomed to stay in a cycle of going back to the drawing board and being unproductive all while wasting money and losing morale. If you are new in your career it would be especially dangerous to join the company as you will pick up bad habits, and not be setup for success at another company. If you are more senior in your career, you will most likely live in a cycle of frustration and disbelief as you see how things are done at Zepz. Initially the company was trying to IPO but it appears that can't happen because the product is poor, leadership is misguided, and other companies simply deliver a better service. If you have no other options, sure, join the company, but if you can find anything else, that would be a better decision. If a company whose mission is to send money for people doesn't actually know where that money is every step of the way...we have a problem.

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Glassdoor has 439 Zepz reviews submitted anonymously by Zepz employees. Read employee reviews and ratings on Glassdoor to decide if Zepz is right for you.