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      Bondora

      Engaged employer

      Bondora reviews

      Good pay and qualified team, but no consistency in management decisions and strategy - Anonymous employee Bondora Employee Review

      3.0
      Jan 17, 2024
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      - Competitive salary. - Team members are professional and great people. - Super flexible conditions (remote / working hours), the idea is to get the work done, not to spend some hours at work. - Additional perks for free lunch, health insurance coverage, shares. - No micromanaging, challenging tasks. - Trustworthy environment.

      Cons

      - No consistency: -in team: people are getting hired and then fired after less than 1 year in the company (for various reasons: change of boss / change of company strategy). In the end the team is always fresh and in the learning curve, almost no one to pass the knowledge and develop the ideas. -in strategy: which is supposed to be fixed for a term of 3-5 years, in Bondora changes each year, where the company starts again and again from some “zero”. This so far ends in failing any goals that are being set. - Culture of fear: the firings happen unpredictably, no previous discussions / warnings / no any feedback provided prior to the firing event. This leads to the team being demotivated and the less loyal. - No internal growth within the company: for unknown reason the company decision is to hire bosses from the outside instead of promoting the internal people and developing them. The explanation is always - “not enough capabilities” and instead of helping the employees developing those capabilities, discussing and following the development plan for the employees, the higher roles are always coming from the outside. - Cut of perks with a “military style” of communication: instead of explaining the reasons behind the more rational approach in the perks given to employees, People team manifests it as we are in the army.

      avatar
      Bondora Response
      11mo
      Hi, There’s a lot to unpack here, and while some of it reflects a time before I stepped into my current role, I still appreciate you for laying it out so thoroughly. You’ve highlighted some legitimate tensions: lack of strategic follow-through, shifting leadership, underdeveloped internal mobility, and abrupt communication around changes. We’ve been working on these internally, too. We set a clearer 2025-2029 strategy, with Pärtel (our CEO) running feedback rounds and strategy sessions to align the team around it. We’ve defined a clear annual company goal (performing portfolio, now for the second year in a row) with aligned business goals feeding into it. We’ve improved goal visibility through HiBob, worked with team leads to upskill leadership skills, and, more pragmatically, started building career paths and role expectation matrices to give our internal talent more clarity and perspective. Are these things enough? Definitely not. But it’s a start. And then there’s communication - a beast of its own. No matter how much energy we put into it, misalignment finds its way in. Feedback like yours is a form of communication, and by sharing it, you help us keep improving it. I’m not claiming it’s all fixed. But there’s now a stronger and more consistent commitment to long-term vision, transparency, and structure than there may have been before. Thank you for being part of the team and helping us grow through this transition pain. — Olga Kikas, Chief People

      Explore other reviews about Bondora

      5.0
      Aug 14, 2022
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      autonomy, ability to get things done, friendly, wesome perks

      Cons

      very fast paced work flow, sonetimes can be chaotic

      3
      avatar
      Bondora Response
      3y
      We’re thrilled that you’re enjoying your experience at Bondora and making the most of the perks. Thank you for your feedback and review. Make sure to rest in between the busy work days, and if work gets too hectic, don't be afraid to speak up or ask for help. We're one team, always!
      1.0
      Feb 6, 2026
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      They have good perks and the base salary. That's all.

      Cons

      - Deep legacy codebase and outdated processes that slow everything down - Ownership is heavily diluted: too many people involved, nobody truly accountable - Simple initiatives require excessive coordination across marketing, legal, product, tech, and country teams, leading to delays and confusion - Marketing and delivery workflows are a clear example of this dysfunction: approvals, handovers, and responsibilities are fragmented to the point of paralysis - New hires are routinely expected to “fix” long-standing problems without context, authority, or resources - Unrealistic goals are set despite known technical, data, and organizational limitations - Strong blame culture: when outcomes fall short, accountability moves downward instead of upward - Leadership frequently reframes failure as lack of ownership or seniority rather than structural issues - Data and analytics are weak or unreliable, yet teams are criticized for not having clear numbers - Psychological safety is low; pushing back or questioning feasibility is treated as a personal failure I did not meet a single person who said they were genuinely happy working here. Almost everyone described being overloaded, constantly behind, or already burned out/on the verge of burnout. Overwork is normalized, and chronic pressure is treated as a sign of commitment rather than a problem to fix. Instead of addressing capacity issues, leadership tends to push harder and expect individuals to compensate for broken systems. Senior management operates in permanent crisis mode. Legacy problems are continuously passed on to delivery teams with the expectation that effort alone will solve them. When this predictably fails, the narrative shifts to individual performance, speed, or “not enough ownership.”

      3
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