Poor management decisions ruining high potential - Anonymous employee Wallester Employee Review

2.0
21 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Really nice events (cudos to the hard-working events team), ok benefits like standard insurance, sports compensation, etc, though nothing special for the industry Most of the ordinary employees and team leads are genuinely good people

Cons

Basically all the 1-star below comments are unfortunately true. There is little to no trust or respect towards employees or their managers (teamleads), and it shows in everything the higher management does. Internally, the CEO seems to treat the company and the employees less like a businessman, and more like a spoilt child with a big dollhouse and dolls, which can be treated in any way he desires based on his current mood. If there the laws in Estonia were more lenient, the situation would very likely be MUCH worse. The heads and other upper management seem to either not care or too scared to even try to confront him and/or the other decision makers on ordinary employees' quality of life issues. Despite the high quality of the events, unfortunately they are mostly done for show and public image, to make a few posts in social media. If the management actually thinks, that any event, be that team buildings or internal conventions, can distract a reasonable adult employee from their own life quality, career and other needs, they are deeply mistaken. The employees aren't your dolls or servants, neither should a company be a sect, where unhealthy loyalty (to the extent of putting the company's needs above one's own) and admiration is expected (and almost demanded) in return for quite mediocre salary and perks. We work and operate in a civilized country, where employers and employees are equals, not barons and peasants.

Explore other reviews about Wallester

1.0
19 Jun 2026
Recommend
CEO approval
Business outlook

Pros

The only thing that makes people join the company is the salary, which later comes at the cost of their mental health and leads to burnout.

Cons

The most toxic, dishonest, and hypocritical company I have ever had the misfortune of working for. Employees are not treated like people. There are only two types of employees in this company: 1. People who constantly tolerate humiliation because the salary keeps them there. 2. People who were once humiliated themselves, managed to adapt to the environment, and eventually started treating lower-ranking employees the same way. Normal, professional, and self-respecting people do not stay in this company for long. There is absolutely no professional etiquette, respect, or healthy workplace culture. The atmosphere is toxic from top to bottom. Public criticism, blame-shifting, and passive-aggressive behavior are common. Instead of focusing on solving problems, management often seems more interested in finding someone to hold responsible. Many employees are afraid to speak openly, share feedback, or challenge questionable decisions. Any disagreement can easily be interpreted as disloyalty. As a result, people learn very quickly that staying silent is often the safest option. What makes the situation even worse is the enormous gap between what the company says and what it actually does. Management frequently talks about company values, teamwork, transparency, and employee well-being. In reality, these values exist mostly in presentations and internal communications. Day-to-day behavior tells a completely different story. Promises are easily forgotten, decisions are often inconsistent, and favoritism appears to matter more than professionalism or competence. Hard work and dedication are not always recognized, while certain individuals seem to operate under a different set of rules. Talented and capable professionals regularly leave because they realize that the environment is unhealthy and unsustainable in the long term. Perhaps the most disappointing aspect is how toxic behavior gradually becomes normalized. Employees who were once treated poorly often end up repeating the same behavior toward newer colleagues. This creates a cycle that continues year after year and contributes to an increasingly hostile work environment. If you value professionalism, respect, honesty, and a healthy workplace culture, I would strongly recommend thinking twice before accepting an offer from this company. Without a doubt, this was one of the most negative and disappointing experiences of my professional career. Another concerning aspect was the company's apparent obsession with its public image. Whenever negative reviews appeared on Glassdoor, there seemed to be a strong push to quickly flood the platform with positive reviews. The timing of many positive reviews often felt far too convenient to be a coincidence. As an employee, I personally got the impression that management cared more about controlling the company's online reputation than addressing the actual issues being raised by current and former staff. Rather than treating criticism as valuable feedback and an opportunity to improve, the focus often appeared to be on burying negative opinions under a wave of overly positive reviews. This only reinforced the feeling that transparency and honesty were not genuine priorities. A company that truly values its employees addresses internal problems; it does not simply try to make them less visible from the outside.

4
5.0
2 Mar 2026
Recommend
CEO approval
Business outlook

Pros

I worked at Wallester for three and a half years during an important growth stage of the company, and it became a very valuable professional experience for me. Working in a fast-growing fintech environment gave me the opportunity to gain strong hands-on experience and contribute to real business initiatives with visible impact. One of the biggest strengths of Wallester is its people. I had the chance to work with many talented, motivated, and supportive colleagues across different teams, which made collaboration enjoyable and productive even during busy periods. The environment encourages learning through practice, and over time responsibilities naturally expanded, allowing employees to develop new skills and gain broader business exposure. The company operates in an exciting and competitive fintech space, providing exposure to real market challenges and opportunities to work closely with different teams across the organization. This created valuable experience in cross-functional collaboration within a scaling company. Overall, Wallester offers a dynamic environment where professionals can grow together with the company, gain practical experience, and be part of building and improving products and processes during an active phase of development.

Cons

As in many fast-growing companies, priorities can sometimes change, which requires flexibility and quick adaptation. Some internal processes and cross-team coordination are still developing as the company continues to scale.

2
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