wefox reviews

3.2

46% would recommend to a friend

(152 total reviews)
avatar

Mark Hartigan

19% approve of CEO

32% positive business outlook

wefox has an employee rating of 3.2 out of 5 stars, based on 152 company reviews on Glassdoor which indicates that most employees have a good working experience there. The wefox employee rating is in line with the average (within 1 standard deviation) for employers within the Seguros industry (3.6 stars).

Reviews by job title

152 reviews
2.0
Jun 23, 2023

Not so transparent and weak management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Ownership and startup culture vibes

Cons

Weak management Bad decisions Bad communication

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wefox Response
2y
Hello! Thanks for your time leaving feedback. We are happy that you liked the ownership and start-up nature of the company. Disrupting the insurance industry comes with a dynamic changing environment. All departments are working simultaneously to establish sustainable structures and processes to help us evolve as a company to adapt to the scale we are achieving. We are continuously working on improvements and we appreciate your feedback regarding management and communication.
1.0
Aug 5, 2021

Think twice

Recommend
CEO approval
Business Outlook

Pros

The coworkers can be nice as well as you will really love your next job, as the bar is placed very low.

Cons

I would strongly advise that you think twice before joining. I have seen it badly but this took the trophy. There were promises about no one getting fired because of Covid, but this turned out to be not completely true. For 4 months you kept seeing your coworkers/lunchmates and bosses 'disappear' as people were walked out on a weekly basis (in total something around 1/5 of the company). The communication and how this was handled left people in fear and in anxiety as there seemed to be no rational way in picking who was let go off. One way of figuring out who had to 'part ways' in a 'quick and sudden manner' was losing important documents or restricted access because the licences were kept on private accounts that now were deactivated. Exposing no governance framework at all to maintain and prevent this. I would call this the basics, but you will learn here that you can't expect too much. Baby steps. When it comes to managers and senior level, it becomes quite apparent after a while that you don't need qualifications or experience to qualify for those positions. All you need is a pulse and 'yes man' attitude. People promoted without the skill set to command the topic they were now made responsible for, leading to huge errors occurring constantly. In addition to a poorly designed legacy system that is more than a token of the organisation's shortcomings. And let's say industry standard or even any quality standard at all is completely missing, due to lack of previous experience in a similar position elsewhere. Basically, a culture of people reinventing the wheel but from the outside looking in 'thats a square, and the vagon is not driving anywhere on that' - just god help you if you say that out loud. Hence the advice, save yourself the trouble and just let them keep pushing. Favoritism, sexism, manipulation and bullying are not absent from the work environment if that wasn't clear from above paragraphs. Very prominent in the C level section as well as the absences of any leadership or strategic vision. If not also made clear that the management part is not very keen on criticism or improvement ideas. It should be added that the only company value is 'Money', 'Revenue and Profit' and 'IPO', not 'making you feel safe'...pff we say actions speak louder than words, so trust the actions. If you were not one of the ones made to leave, you know your profession, well, you might take the option of employing your skills elsewhere, as resignations over the last 7 months are asstounding. People are not assets here but replaceable, and the company completely ignores that a 'brain drain' is maybe a business risk because your competing with a lot of Fintechs for talent My advice, I would really think twice before joining as you will most likely not be learning what is best practices from the industry, you most likely won't see your carrier advance if you don't involve yourself into the politics, and you most likely won't be inspired be the 'revolutionary technology' they have going on there. On the other hand, you will see a textbook example of how not to do things. Make your decision, but be pretty clear of the end goal here with this in mind. Ps. Be aware of severe burn out, mental health deterioration, and extreme stress if you are smart enough to understand the situation. - wouldn't think that's worth the salary but that's my opinion

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wefox Response
4y
Hi! Thank you for your feedback. This is definitely not the experience we aimed for you to have. We sincerely regret the inconvenience caused and would like to know more about your experience. Please feel free to email me at natasha.varma@wefox.com, so we can get in touch with you directly. Looking forward to hearing from you!
2.0
Jan 17, 2023

Change of culture

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I have been hire with a great progressive culture and people trusted what I could bring to the company.

Cons

After 1 year I don't see much perspective in my job, and the culture is turning way too much into "don't ask what wefox can do for you but ask what you can do for wefox". I think this puts the whole responsibility only on the employees, and the leaders do not take accountability for how the employees are feeling. The culture of performance is not replacing kindness and I'm not sure I'll be here for much longer if this does not change.

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wefox Response
3y
Hello! Thanks so much for your feedback! We are sorry to hear about your concerns. People are indeed the most important part of our success as a company. Our culture is defined as "Work hard and be kind", which means that we fight hard for success, but we also cherish kindness. All of us are giving our best to help us evolve as a company to adapt to the scale we are aiming for. This means focusing also on performance. We look closely at employee feedback on a regular basis to make sure we can address the feedback we receive. As a company and leadership team we appreciate your feedback and want to encourage you to get in active dialog with us about the growth opportunities and how we could improve your experience at wefox.
Viewing 58 - 60 of 152 Reviews

Glassdoor has 266 wefox reviews submitted anonymously by wefox employees. Read employee reviews and ratings on Glassdoor to decide if wefox is right for you.