Do not recommend. - Anonymous employee Bitpanda Employee Review

2.0
Jan 4, 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-Good product with tons of potential - it's an easy sell due to all the marketing and hypergrowth the company has had as Austria's "unicorn"; you'll get to gain experience in the crypto field, or in one of the leading startups in Europe. -Good start for anyone looking to get experience at a super fast paced company, with constant challenges. -You'll have a chance to work in a team, and work autonomously.

Cons

- Top to bottom management culture where there is little to no regard for their employees. -Little to no career progression/direction; lack of organization, transparency, and overall standardization across all departments/teams when it comes to how they measure their employees; very biased methodology in how and who they hire/fire and/or promote. -Company does not adhere to its own values- there is very little to no investment in their employees/teams. - Changes are frequent - be ready to switch gears at any moment, and often. - Employee retention is awful; turnover is ongoing beyond the typical scale-up. They expect you to work at least 50+ hours a week as it is an All-In contract; compensation is lacking and so are the overall benefits.

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Bitpanda Response
4y
Hi (former) Panda, Thanks for taking the time to speak up and share your feedback. You’re right, we move fast because our customers and business demand it. That’s why one of our key guiding principles is “Think big. Move fast”. Another two are “Act with integrity” and “Speak up. Talk Straight”, which means that honesty, transparency and trust serve as the foundation of who we are and how we work together. With our Slack company announcements channels and frequent global Town Halls, we aim to ensure that all folks are aligned to what we’re doing and where we’re going as a company — on-time and as close to “in the moment” as possible. The runway of our industry is endless and therefore, we believe our Pandas are in the best position to own their careers and really create their own path. To help guide them on this journey, we’ve introduced a completely new talent strategy which comprises of monthly 30:30 growth conversations, calibrated people days, and robust 360-degree review periods — all underpinned by Radical Candor feedback. We are very proud of our ability to attract and retain the best of the best to Team Bitpanda. We do this through a myriad of Total Rewards efforts which are guided by our Pay for Impact philosophy. This means that the more impact a Panda makes, the higher the earning potential. We always look at skills, experience level, and industry knowledge when compiling individual compensation packages, and we keep a pulse on our high-performing talent who raise the bar. Compensation adjustments are done once per year at the end of each calendar year. This means we review your impact and your package in December with any changes made coming into effect as per January 1st of the next year. Thanks again for your feedback, and we wish you every success in your next adventure! All the best, Chiara

Explore other reviews about Bitpanda

5.0
May 1, 2025
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CEO approval
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Pros

good work enviroment and growth opportunities are immense

Cons

Nothing to say as a con ,

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Bitpanda Response
10mo
Hi former intern, thank you for your review. Happy to hear that you had the opportunity to grow with us and learn something for your future career. We are proud being part of your career journey and wish you all the best for your future. Kathy, on behalf of the Talent Acquisition Team
5.0
Sep 11, 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Openminded people, diverse team, good corporate culture, many benefits

Cons

I did not witness any

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