Human Resources is Failing the Canadian Offices - Anonymous employee Paysafe Employee Review

2.0
Sep 30, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lots of free food and branded swag.

Cons

Paysafe has invested heavily in marketing and spun their image into something that seems to have a massively positive rating on LinkedIn and Glassdoor. Most of these reviews are encouraged internally through corporate communications to "boost the image" of the company, but the company has serious identity issues. Paysafe is the latest re-invention of several previously unsuccessful organizations, of which rebranding continues to recur to eliminate the brand-stink associated with their past practices. Executive leadership is run by cliques making decisions on technology without against the advice of the engineers who built the technology that resulted in executives ability to grow to where they are today. Most-recently taken private by one of the biggest multinational investment firms, Paysafe is now "sweating the group" to try and maximize the parent-company investment through cheap offshore labour and simplification of systems that were once bespoke, but now in the hands of third party tools like Salesforce. Paysafe markets themselves as GDPR-compliant yet are not, and based out of London, while selling "integrated solutions" to some of the largest players in their market niche without those solutions actually existing. Paysafe looks great on paper but leadership has sold out for their 6, 7, and in some cases 8-figure bonuses, resulting in a lot of swagger with very little substance.

Explore other reviews about Paysafe

5.0
Apr 7, 2026
Recommend
CEO approval
Business Outlook

Pros

I recently joined the Paysafe team. My experience has been very positive. The onboarding process was well organized, informative and smooth from the start. The team has been super welcoming and supportive. It is clear that the company values its employees and creates and environment where new team members feel comfortable, included and motivated to succeed.

Cons

As a new employee, there is naturally a lot of information to absorb during the onboarding process, but the support provided has made it manageable and encouraging.

2.0
Apr 7, 2026
Recommend
CEO approval
Business Outlook

Pros

• The company offers some flexibility with remote/hybrid work options in certain teams. • Exposure to fintech and payment processing technology can be interesting for those new to the industry. • Decent health benefits and standard PTO in many locations.

Cons

• For the third consecutive year, the company has failed to pay out performance bonuses despite meeting or exceeding individual and team targets. It seems that they set very high budgets deliberately so no variable pay is paid. This has significantly impacted morale and trust in leadership. • Compensation overall feels below market rate for the skills required, especially when bonuses (which were promised as part of the total package) are consistently withheld. • Frequent reorganizations and shifting priorities create uncertainty and make it difficult to plan long-term. • Communication from senior leadership about financial performance and bonus decisions has been poor and lacks transparency. • They constantly lay off people to make up for losses in revenue.

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