Poorly Managed Company - werkgeversreview Compliance Officer bij PayStream Accounting Services

1,0
1 mei 2025
Aanbevelen
Goedkeuring directeur
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Pluspunten

The majority (key word being that) of staff are nice and friendly. There are genuine paths for progression (just not in how they explain themselves).

Minpunten

The company's systems, processes and general structure are an absolute shambles. It's painfully obvious most of these processes were set up long ago, by one person, and haven't been brought up to speed and streamlined since. There is no drive for anyone to deliver a clean, modern and efficient solution; any suggestions made by staff for redundant things to be made automated by development are instead treated as insubordination. The management is amongst the worst I've seen; openly e-mailing about and discussing other members of staff in a truly unprofessional manner. As a result, favoritism rules supreme and if you happen to fall outside of that category, you are doomed to fail. Whilst not my manager, there was one chap called Remy who I am amazed has managed to categorically fail upwards, when I never saw him do even a single lick of work, and all the other reviews here have decided to only make reference to him. The salary was poor for the industry standards at the time (and doesn't seem to have improved much upon checking back) and the amounts you got from a promotion (typically £500 more) were laughable. Those are figures you'd expect to see in the late 90s. The low salaries are "supplemented" with insulting "treats" like ice creams (which the HR department span into a wonderful thing through the company's intranet!) And a weekly fruit basket which disappears as soon as its planted on the table. They seem to have a drive of bringing in "bright young graduates" to do a very boring, limited job that would honestly better suit the skillset of a 16 year old who has left school to find their first employment. For example, there were some people who joined around the same time as me with MAs or MScs. Naturally, they didn't last long before seeking work elsewhere. Those who do stay seem almost indoctrinated like a cult; parroting dogma such as "I'm a PayStream person", which is just pathetic. Overall this company was a very low point in my career and I would not recommend it to anyone unless they have nothing else lined up.

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Reactie van PayStream Accounting Services
1y
Thank you for taking the time to share your experience with us. While we’re disappointed to read your review, we also recognise the value of all feedback—positive or negative—in helping us improve, and that is a sincere reflection. We’re pleased to hear that you found most of your colleagues friendly and that you saw genuine opportunities for progression within the company. That remains one of our ongoing priorities: to provide an environment where employees can grow and thrive. However, we disagree with several characterisations made in your review. Describing our processes and leadership as “a shambles” and “unprofessional” does not reflect the standards we uphold at PayStream today. In recent years, we have undertaken significant initiatives to modernise our systems, improve internal communications, and invest in training for both staff and management, having recently being named a Best Workplace for Development by Great Place to Work. In addition to a generous learning and development budget, we have this year supported employees who wish to pursue a long-term career outside their current level of expertise, including accounting and HR financial qualification support for those within our Customer Care team. While change is always a journey, these steps are making a tangible impact—and we continue to welcome constructive feedback from our current team to build further. This is why we are especially disappointed by some of the more personal and derogatory remarks made in your review. At PayStream, we strive to foster a respectful and inclusive environment. If issues of professionalism or favouritism were present during your time, we regret that you did not feel comfortable raising them through the appropriate internal channels, where they would have been taken seriously. Change comes from a willingness to learn and try; we can’t make those changes if we don’t know. Regarding concerns about salaries and benefits, we benchmark our compensation packages regularly against market standards. We consistently promote internally, and the increases are considerably more than £500. There are clearly defined objectives for promotion in the Compliance Department. We do get that compensation is just one part of the employment experience. This is why we’re committed to recognising and rewarding contributions in meaningful ways—both financial and culturally. We strive hard to complement our employees’ journey and build a positive culture for example, • by providing generous team budgets to build connection and friendships in out of work activities, • fully financing an all-employee summer and Christmas social • inter year activities to build culture, health and personal responsibility for success • supporting our employees fundraising activities for the causes that matter to them • enhanced financial support for our staff including for family policies, bereavement and private counselling While your time with PayStream was not a positive chapter for you, we sincerely wish you the best in your future career and finding a workplace that is better for you.

Ontdek andere reviews over PayStream Accounting Services

1,0
15 mei 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

The job is interesting and there is room to move in the company.

Minpunten

This is a department that fosters bullying. Team members are deliberately left out of conversation and activities by groups of people frequently. Teams are allowed to obviously bully and leave out some staff members with nothing done about it. Team events and nights out are organised in plain ear shot of employees who are purposefully not invited. Group chats take place between staff members again excluding certain people and this is made incredibly obvious that you are being left out or talked about. "Team" lunches bought but only for specific people. You might as well be invisible while you sit there on your own and everyone talks around you.

5,0
22 jan 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

I’ve been working at PayStream for a couple of months now, and I can honestly say it’s one of the best places I’ve worked. The culture is genuinely supportive, and the people are what make this company stand out. Everyone is welcoming - from advisors to directors - and the atmosphere is collaborative and inclusive. It’s refreshing to be in a workplace where people are genuinely willing to help. The work is challenging, but it’s also incredibly rewarding. Excitingly, the company is expecting exponential growth over the coming months - which promises great opportunities. If you’re looking for a company where you can genuinely feel part of a team, develop your skills, and enjoy your work - while being with a company that truly prioritises development - then PayStream is a great place to be.

Minpunten

There are no cons for me.

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