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Transworld Systems

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Transworld Systems reviews

2.6

24% would recommend to a friend

(603 total reviews)

Joseph Laughlin

30% approve of CEO

19% positive business outlook

Transworld Systems has an employee rating of 2.6 out of 5 stars, based on 603 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Transworld Systems employee rating is 30% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

603 reviews
1.0
Sep 14, 2012

many reasons why Transworld is awful

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

None at this time for this company

Cons

First I think senior management woke up one day and said we need more power, so let's fire all the vice presidents and managers that disagree with us. They kept only the "Yes" managers. They got rid of some of the best, supposedly due to budget cuts, but I don't think so. They got rid of them because those people would stand up for what was right. They gave all of these managers one day notice to clear out. Can you imagine? A few of these men worked for this company for over 20 years. How did they get paid for their time? They were given the boot. Where is the job security? On a conference call we were told, all work at home collectors could not take their own payments. Instead we have to place them on hold and transfer the debtor to Manila, Philippines. He claims it will be a good thing and he expects fewer errors with the Manila workers than our 'on-shore collectors'! Translation: Philippine workers will do a better job than Americans according to Transworld senior management. The new right hand man, sure agreed, but what's new. Good way to sell giving our jobs to Philippines. Just another company giving our jobs overseas! On the last conference call, we were told we should be happy they are hiring 200 more Manila employees. This company gives us scripts for everything! If we dare to mess up, even just a little bit they write us up for it. We are told what to say, how to say, and when to say it. That is right; they try to control everything we do. This company is always threatening their employees. If management is not doing it, they have Human Resources ready to step in.

1.0
Sep 3, 2012

Once a great company that has fallen apart

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

As a current employee, the pros of working for this company have diminished to little if any.

Cons

Upper management of this company has made incredibly poor decisions over the past 3 years, reversed those decisions, replaced them with worse decisions, and has created an extremely negative work environment. It is unbelievable that the head of the collection division is still with the company. He has a conference call, yells and belittles everybody on it, is incredibly arrogant, and then asks "are there any questions?" Nobody wants to say a word because of his history of making stupid and unnecessary comments to that person in front of everyone else on the call. Recent poor decisions of cutting the actual producers have lead to an age discrimination case which match up with other pending former discriminatory cases against the company. Politics are played all over the company and the people who remain are waiting for their jobs to be shipped to the Phillipines so they can collect a severance.

4.0
Sep 2, 2012
Recommend
CEO approval
Business Outlook

Pros

Great company and great help for an outside account Rep

Cons

You have to really work at building a clientelle. There is no help out there for prospecting

Viewing 598 - 600 of 603 Reviews

Glassdoor has 634 Transworld Systems reviews submitted anonymously by Transworld Systems employees. Read employee reviews and ratings on Glassdoor to decide if Transworld Systems is right for you.