Great stepping stone with some major drawbacks - Client Service Manager Transact Employee Review

2.0
26 Jun 2018
Recommend
CEO approval
Business outlook

Pros

- Good training & steep initial learning-curve. A good place to gain a high-level understanding of UK intermediaries. - Reasonable remuneration for operations role although they'll take their pound of flesh & competition pay more. - Great office in prime location. - Strong industry reputation which looks good on CV. - Good systems.

Cons

- Highly stressed, negative and frankly unwell workforce. Two of my immediate colleagues were signed off for long-term stress during my time in the business. Management will happily pressure staff into this situation and then unapologetically manage them out once they reach it. I resigned long before this happened to me. - Learning fully curve plateaus after 1 year. - Middle management are patronising, anti-intellectual, box-thinkers who have been in the business for decades without changing their approach. - Hierarchical structure provides no access to senior management. - Minimal progression - supervisor role yields a meagre pay rise to become a formalised dogsbody. - High turnover - staff typically stay 2-3 years before moving on to businesses which cater for their ambition. - Average benefits package (don't expect to retire on the staff pension). - Immediate competitors pay more.

Explore other reviews about Transact

5.0
19 Oct 2020
Recommend
CEO approval
Business outlook

Pros

all people are very friendly

Cons

location too hot for me

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Transact Response
5y
Thank you for taking the time to leave a review. It is great to hear you found all of the people very friendly. Good luck and all the best for your future career.
3.0
2 Oct 2023
Recommend
CEO approval
Business outlook

Pros

good people, opportunity to grow

Cons

no structure, week benefits, no food

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Transact Response
2y
Thank you for taking the time to leave a review. We pride ourselves on our collaborative culture and wide range of progression opportunities, so it is great that this has been your experience. We regularly review and benchmark our compensation package to ensure it is competitive and have also started supplying breakfasts and snacks to staff which we hope you enjoy. Please do raise it with our ‘People Platform’ if you have any other suggestions. We wish you all the best in your continued career at Transact.
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