TransPerfect Director of Business Development reviews

3.9

54% would recommend to a friend

(48 total reviews)

Phil Shawe

99% approve of CEO

48% positive business outlook

Director, Business Development employees have rated TransPerfect with 3.9 out of 5 stars, based on 48 company reviews on Glassdoor. This indicates that most Director, Business Development professionals have a good working experience there. TransPerfect is rated in line with the average (within 1 standard deviation) by Director, Business Development professionals compared to other employers within the Administración y consultoría industry (3.7 stars).

Reviews by job title

48 reviews
2.0
Oct 16, 2014
Recommend
CEO approval
Business Outlook

Pros

Great opportunity to get into an exciting industry. Well established company. Good training program that will provide you with the tools to be successful in the industry.

Cons

While working for TransPerfect for over two years I came to learn quite a few things. There is 0 work-life balance. I worked until 1 am on a Sunday and it was expected of me, because that was "my job" The company itself has an extremely high turnover rate and management doesn't care because they can replace bodies and only care about what clients you bring in, and can transition those clients to other people if you leave the company. It is odd to me how a senior manager can keep their job when 6 employees quit in a 1 1/2 year span and they are over 50% under goal. TransPerfect promises bonuses when you start, and these are impossible to attain due to the fact that they are not performance based and are dependent on other individuals that you can not control. Additionally, the commission structure is that of a pyramid scheme. You do not get any commission until you are promoted to an Account Executive, and the commission at that point is less than 0.05%. So you are doing all of the work, while your boss is sitting back and counting checks. I have witnessed senior managers lie and manipulate clients so that it benefits them and they didn't think twice about it. I am a firm believer of morals, ethics and values- and TransPerfect doesn't support any of these.

1.0
Jan 15, 2014
Recommend
CEO approval
Business Outlook

Pros

The relief when you close the door behind you for the last time when you have managed to break free of this operation.

Cons

I worked as a Director of Business Development at TransPerfect. Although my job title may have been impressive the job comes down to endless cold calling, envelope stuffing and telling half truths or downright lies to naive clients. Everyone in Sales does this, it is a fully accepted way of making your money. Clients are considered suckers, and if they are stupid, they deserve to be cheated. The overall atmosphere is very negative: if a client places a big order, there is no feeling of gratitude for getting the business but just glee at how clueless the client was to buy your story. I have never encountered such a strange attitude anywhere else. The game here is not about winning, but about seeing someone else losing out. Many people around you will be heavy drinkers (in TransPerfect-speak: work hard, play hard) and co-workers will try to steal clients from each other (in TransPerfect-speak: a healthy, competitive environment). The game here is to set up your reports for failure. If they cannot handle the stress anymore, it's your chance to claim their accounts and start collecting commission. Earnings are based on recoverable draw. Your sole income will derive from commission, which is paid as an advance against bonuses. TransPerfect will do its best to avoid paying out your commission by posing insane requirements about mark up and profitability. If a job is billed late (something outside your control), you lose your commission. If minimum mark up is not made, same story. If a client pays late, no commission. If a client has a quality issue, your commission will be docked. This intricate system of fines, deductions and penalties is applied throughout the company and sales, project managers and translators alike will be penalized on any pretence. The customer is always charged in full, of course. Woe the client who pays a bill twice because of an accounting error. They will never get back the amount they overpaid. And guess who they will be harassing to get their money back? The sales person, of course, since he is the point of contact. When you give in your notice, you will not receive the bonuses owed to you. TransPerfect will recalculate your recoverable draw, and invariably come to the conclusion that you owe the company, instead of the other way round. Avoid this place.

5.0
Jan 10, 2014
Recommend
CEO approval
Business Outlook

Pros

I started at TPT 3 years ago as an Account Executive. Since then, I have had the best 3 years of my life. Professionally and personally. Do you have to work hard, grind, and put in the time to succeed? Yes, but if you could name a job that doesn't require this in order for you to be successful then I would like to hear it. I was given advice by senior people around me who also shared their secrets on how they became successful. Did I make cold calls, yes! Did I have to be proactive in order to gain new business, yes! This is a sales role so if you do not like "selling", you will struggle. Without doing anything out of the ordinary I am now earning more money than I could have imagined 3 years ago. I have friends who work in London, in Sales, and they are jealous of my job. I have travelled to some amazing places, and attended some of the best parties imaginable. I have attended first class sales conferences and developed friends for life. I owe a lot to the past 3 years at TPT. Lastly, nobody has asked me to write this review, or even mentioned this site to me.

Cons

Not sure this is a con but it is hard work. If you dont want to put in the effort, dont expect to be a success.

Viewing 40 - 42 of 48 Reviews

Glassdoor has 4,295 TransPerfect reviews submitted anonymously by TransPerfect employees. Read employee reviews and ratings on Glassdoor to decide if TransPerfect is right for you.