A really enjoyable company to work for - Manager N26 Employee Review

5.0
Jul 23, 2019
Recommend
CEO approval
Business Outlook

Pros

I have been working at N26 full-time for more than a year Pros As we see the team growing, I feel it is important to provide critical feedback on the company. Many other reviews I see here are just bashful; you have to think how mature are these 'somewhat experienced' people if they're taking time out of their days to bash a company online. We are growing very successfully but at pace, we can’t be the small start up forever and that does not always sit well with some. Less Hierarchical, for people wanting to avoid politics and having worked at larger corporates in the past, I can confidently say there is much less of this at N26. It is often the case that you will debate against seniority (e.g the 'experienced' people) - this is the key to success. Seniority often leads to complacency and misplaced ego, you must be willing to question your own assumptions and take criticism from others - how else can you grow? Self Learning at N26 enables us to tackle problems that are entirely unique and consecutively encourages us to seek unique solutions. We spend a lot of time diving into the data and business with no initial directive apart from improving our product and the way we do things. For the thinkers out there, this is ideal. Data & Logic First - No decisions are made with a "because-I-said-so" attitude. Due to the speed of growth and collective ambition of employees, there is no room for assumptions. N26 bases all decisions on data where it is available. Some 'experienced' hires sometimes need to get used to this since they're accustomed to common practices. If the vision is to create something new for the world, how could we possibly do this by following in the footsteps of those we're trying to replace? Growth at N26 - It is quite obvious that several of the brightest people at N26 will be future founders. There are many ambitious employees who yearn to make an impact and change things. They work a lot out of a sincere addiction to what they do and subsequently they get rewarded. Culture - At N26 we have a truly diverse workforce with 70+ different nationalities just working from our Berlin office. We are continually opening up new offices abroad and we get given the opportunity to work in some fantastic locations. We can bring our dogs to work, have free snacks including healthy fruit, veg, nuts and dried fruit and not to healthy chocolate’s biscuits and sweets. We get free lunch on Wednesday’s (with vegan, vegetarian and fish and meat options), drinks on tap (hot, cold, soft and alcohol) - Pizza Friday’s and then, let’s not forget we have some truly iconic parties. However to be successful at N26, vision should be embedded in your culture. A vision for your team, a vision for the product and a vision for the company and I love how we do that here. It comes with its sacrifices - but what doesn't? Moreover people at N26 seem exceptionally collaborative and friendly with one another. We arrange many of our own monthly social activities, share learning resources and constantly discuss new projects we can tackle to improve the product. We also get 1,500 to spend on personal development of our choice. Office Hours - I have read some reviews on people working long hours, but I personally don’t see many in the office past 6.30pm. Given we have the flexibility to come in early or late (it’s very adult here). People may choose to work longer hours but it’s rare. I tend to be one of those that comes in later around 10am and leaves later and I'm normally the one switching off the lights at 7pm so I can only speak for myself. I guess there is an exception to the rule and this is customer services, they do work shift time and ergo may work later hours (but they are not in my building). I get to meet them at our regular parties though.

Cons

Office in Berlin - Our other locations have some very flashy offices, but the Berlin office renovations seem to be dragging on for a long time. It’s also rather an old building we have moved into. I know this is just a temporary blip but we also have very hot summers in Berlin, 30-38 degrees at times and it would be nice to have air conditioning (and not just fans). That said, we seem to get a lot of treats during hot spells including vegan ice cream cookies, amazing artisan flavored teas, cute hand held fans and ice cream tubs (there is always a vegan option). You get the feeling everyone is trying their best to make it as pleasant as possible and we know improvements are coming. Growing Pains - We have added over 1000 staff in the past year and we don’t look to be stopping. I think to be successful here you have to be comfortable with ambiguous environments and comfortable with change. Experiment and measure is at the core of what we do. This environment is really empowering for me but it’s not for everyone. We don’t have everything together yet in terms of process and procedure but I don’t even think we want to be that type of company either. LEADERSHIP and OWNERSHIP is what will drive culture and productivity forward - nobody should be telling you to take on these qualities, it is something you should do own your own.

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N26 Response
6y
Thanks for your candid feedback and 5* rating. We always aim at providing every employee with the best working conditions and experience possible. We hope your enjoying the workplace now everything has been completed.

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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