No Stability - Senior Software Engineer Paysafe Employee Review

1.0
Aug 14, 2024
Recommend
CEO approval
Business Outlook

Pros

401 K Health insurance PTO

Cons

The company’s senior management tends to prioritize short-term solutions over long-term employee investment, favoring contractors over nurturing current loyal employees or high performers. The organization experiences frequent staff turnover, including at the CEO level, every few years, often accompanied by rebranding and acquisitions. Additionally, the company undergoes significant annual layoffs and has a high staff turnover rate, indicating a lack of stability. Compensation is generally below market standards, and there is a noticeable lack of work-life balance, which further challenges employee satisfaction and retention.

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.

See reviews by: Helpful|Rating|Date|All