Smoke and mirrors - Anonymous employee Tandem Bank Employee Review

1.0
10 Dec 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The Thursday drinks until the novelty wore off.

Cons

Working environment Poor salary Minimal career progression My employment at Tandem began like most others do. Prosperity fuelled, hopeful and what initially appeared to be an exciting career ahead of me. There was a certain buzz about the place with the company envisioning to do great things in the financial industry and being that “good bank” that we have all been longing for. The Thursday get togethers, socials, many nights of debauchery and the culture club made it seem like an amazing place to work and I really thought I had struck Gold with this place. I was wrong. It wasn’t long at all before the real cracks started to show and Tandem’s true colours began to emerge. I finally understood what working for Tandem embodied. Being underpaid, over worked and encompassing a toxic culture. There were only so many Tandem induced hangovers one could stomach before realising that this is just one of a few pathetic means to divert the attention off the remuneration and no real benefits i.e lack of health care etc. The prospect of career progression and discussions of pay to recognise hard work and commitment to the company was nothing but a figment of the imagination with feeble excuse after excuse being used during end of year reviews as to why no pay rises would be given. Any concerns of this being raised to higher management or the “people team” (which is purposely written in inverted commas as they couldn’t possibly be further from that) would also be profusely shut down with yet more lies that pay would be looked at in the reviews to follow. Ironically, the only people they care about are themselves. They have no loyalty to their employees that genuinely put the work in and instead adopt this notion that workers can be easily dispensable. The company only value and reward a small minority of employees. (Previous reviews will illustrate who). Favouritism anyone? The company also have no clear vision where they’re headed, and seem to change their mind incredibly fast. Whilst most start ups tend to chop and change their business plan, Tandem have done so far too frequently with no product or service being short of anything worthy of infiltrating and having a real and reputable impact in the banking market. Finally throwing in the towel was one of the best decisions I ever made and I have not looked back since. Would I recommend Tandem to a friend? I wouldn't wish them on my worst enemy.

Explore other reviews about Tandem Bank

4.0
24 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good people and colleagues, good culture

Cons

Company not growing quickly, limited opportunities for progression

1.0
23 Apr 2026
Recommend
CEO approval
Business outlook

Pros

They had a nice office and the office building had nice staff

Cons

- The salary was really poor and way below market rate - HR often had favourites that would receives favourable pay reviews and promotions - Nepotism

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Tandem Bank Response
2mo
Thank you for taking the time to share your experience at Tandem. We’re pleased to hear you found the office environment welcoming. However, we’re sorry to learn that other aspects of your experience didn’t meet expectations. We are committed to fair and consistent pay, supported by clear and transparent processes. Tandem follows an annual pay review framework and undertakes regular market analysis to ensure salary ranges remain competitive. Where a salary falls outside the appropriate banding, it is reviewed on a case by case basis and considered by our People Cost Committee. We appreciate all feedback as part of our ongoing focus on maintaining fair and transparent practices. If you would like to share further detail, you are welcome to contact the People Team directly. We wish you all the best in your future endeavours and thank you again for your feedback.
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