Terrible management - work hard/lack of recognition - Anonymous employee N26 Employee Review

1.0
Nov 9, 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Good people, passionate and work hard - although not recognized - Usual perks of start up, free snacks, beer etc, but not lunch everyday - Good brand reputation (until you get inside the company)

Cons

- Management is terrible, especially founders/CEO. - Lack of trust and transparency. - Too many good people leaving. - Unrealistic expectations, long work hours, hyper growth, unreasonable goals, lack of understanding of real issues. - Incompetent decision making by leaders - Employees are not respected by leadership. - You can't succeed unless you are part of the "boys club" (white Austrian males) or are "yes-men" - Low pay

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N26 Response
6y
Thank you for sharing your feedback and views. It is important to us to hear feedback from our employees. Last year we went through a period of hypergrowth, which saw our employee base grow significantly to support all teams in meeting business goals. Understandably that type of environment is not for everyone, and can be challenging for even the most experienced individuals. Like every company there is always a level of attrition that sees people move on to other opportunities. We look to counteract this with new initiatives to help our employees with their work-life balance and by supporting career development. We consistently share information with our employees and give everyone a voice to ask questions, understand business decisions and question the approach. We have introduced a range of company-wide initiatives for this, from re-designed meeting structures to new communication channels, and we hope that you have seen a positive impact from this. We would appreciate the opportunity to discuss this and your other points directly. If you would be interested in doing so, please reach out to the People team to discuss further.

Explore other reviews about N26

5.0
Jun 13, 2023
Recommend
CEO approval
Business outlook

Pros

Great product and design and team is worldclass

Cons

more focus on understanding customer needs

5.0
May 21, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Small team in NYC working on bringing N26 to the US. Flat team structure (no bureaucracy or painful hierarchies). Open lines of communication and instant feedback loops. Everyone is extremely smart and driven towards a common goal, and we also enjoy each other's company both in and out of the office. There's also respect for having a life outside of work and a good sense of balance. Huge opportunity to take on as much work as you can handle and drive your own workstreams and outputs. I've found that my scope of responsibilities is quite large, and since joining, I've broadened my skill-set significantly in areas I wanted to expand upon.

Cons

Coordination with Berlin can be difficult at times given time zones and hypergrowth there. Nonetheless, people always are willing to help out and make themselves available when needed. Small team size as of now means fewer hands to help with all that needs to get done. That said - plenty of opportunity for new joiners to take on key tasks and responsibilities as we continue to grow the team

32
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N26 Response
7y
Thanks for sharing your feedback with us and your experience of working at N26.
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