Rapyd Reviews

3.0

45% would recommend to a friend

(216 total reviews)
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Arik Shtilman

38% approve of CEO

38% positive business outlook

Rapyd has an employee rating of 3.0 out of 5 stars, based on 216 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Rapyd employee rating is 22% below average for employers within the Information Technology industry (3.9 stars).

Reviews by job title

216 reviews
1.0
22 Mar 2023

Sinking Ship

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- The company has a nice gym for staff to use in Israel (if you go to work for that) - The company provides manicures for staff in Israel (if you go to work for that) - The company has a nice restaurant for staff in Israel (if you go to work for that) Unfortunately none of those things help staff develop their professional skills.

Cons

- High staff turnover due to significant underlying issues across the business (Product, Finance, Customer Support, Sales) - Company executives only care about themselves and their personal enrichment (note Rapyd has a private Jet, however staff were not paid bonuses in 2022 and were given no inflation adjustments to their salaries) - Poorly built products meaning clients will hate you for the damage you do to them or other internal teams will put enormous pressure on you to fix shattered glass.

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Rapyd Response
2y
Thank you for taking the time to provide your feedback. We appreciate your positive comments about our amenities in Israel and acknowledge the concerns you've raised about your overall experience. We are troubled to hear about your perception of our various business functions. Your insights are valuable, and we want to assure you we take them seriously. Regarding your comments on bonuses and salary adjustments, we understand the impact these issues can have on employee morale. We place an emphasis on maintaining competitive compensation and benefit policies, andw ill continue to review them to ensure they align with our team members' expectations. Your candid input helps guide our efforts for improvement. If you feel comfortable, we encourage you to share more specific details or suggestions with our HR department. Your input is helpful in our ongoing efforts to create a workplace where everyone can thrive.
1.0
26 Mar 2023

Avoid at all costs

Recommend
CEO approval
Business outlook

Pros

Attractive marketing and branding, decent basic pay, industry-standard insurance package (but up to a certain limit depending on your salary - need to top up to cover more family members).

Cons

Toxic culture, poor management, and a huge gap between promise and delivery from management, product, and process. High turnover. Don't bother to explain business decisions to employees. Not paying bonuses or commissions this year due to poor business management.

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Rapyd Response
2y
Thank you for sharing your insights with us. We appreciate your acknowledgment of our attractive marketing and branding and our competitive compensation package. Your feedback is crucial to our ongoing efforts to enhance the employee experience. We apologize for any frustration or disappointment you may have encountered during your time with us. We host regular companywide business updates by our CEO and Management and encourage leadership to create transparent communication processes with their teams. We will continue to make efforts to improve our internal processes soemployees are kept informed about business decisions. Your feedback highlights areas where we can enhance our practices. Regarding the decision not to pay bonuses or commissions this year, we understand the impact this can have on morale. We want to assure you that these decisions are not made lightly. We are committed to creating a positive and inclusive workplace, and will use your feedback to drive improvements. We appreciate your time with us and wish you success in your future endeavors.
Viewing 1 - 3 of 216 Reviews

Glassdoor has 227 Rapyd reviews submitted anonymously by Rapyd employees. Read employee reviews and ratings on Glassdoor to decide if Rapyd is right for you.