What a shame. - Operations Moneybox Employee Review

Thank you for taking the time to leave a review about your experience at Moneybox. We’re really pleased that you felt Moneybox was a great place to start your career, noting the funded support for certified qualifications, good work-life balance, culture, supportive team and staff. Thanks for sharing your thoughts on our compensation package and promotion process, and we are sorry to hear you felt that the pay and promotion structure was unclear. We are committed to fair compensation, which is why we conduct biannual salary benchmarking reviews for every team, using external data from a range of expert sources. We do this in alignment with businesses of a similar sector, size and stage as ourselves. Regarding the promotion process, promotions are awarded on a meritocratic basis, aligned to the achievement of goals and level expectations and promotion decisions are subject to thorough functional leadership calibration. We’re also sorry to hear that you were unhappy with the enforcement of the non-complete clause: Non-compete clauses are common within the financial services industry for high growth businesses like Moneybox and are in place to protect our confidential information and business interests. Share options are granted to employees to motivate commitment and drive growth in our collective business (vs them being a payment for services). It is standard practice that anyone going to a direct competitor would forfeit their options. We're always looking for ways to improve the Moneybox experience. We encourage employees to share their insights at various key milestones of their journey with us, from the onboarding process and initial months to their first year and beyond, to provide a comprehensive view of what it's like to work here. Like many companies, we encourage feedback via both internal and external platforms. Thanks again for sharing your feedback.