Pit stop on your way somewhere you can take seriously - Operations N26 Employee Review

2.0
Aug 13, 2020
Recommend
CEO approval
Business Outlook

Pros

Team! People hired in the last 1-2 years are incredible, The brand has attracted amazing minds after the brilliant marketing efforts and valuation. A good way to understand fin-tech, business opportunities in this space and rebrand your career through interactions with amazing but somewhat unhappy colleagues.

Cons

-Poor management - Run almost exactly like 2 dudes in a garage, hierarchy everywhere. Every random thing needs founder approval, Zero transparency in decision making. -Time to clean house - The fossils who started 5 years ago have not been up-skilled or matured to handle the roles they hold today. Extremely insecure attitude leading to defensive behaviour making it impossible for new people to feel part of the journey. -No empathy - the rating and performance management is exactly like the marketing, window washing.

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N26 Response
5y
We’re sending major kudos to our Recruiting team for hiring the great people that make up N26. Thanks for your nice words here. To address your concerns around decision making, our executive leadership team has taken this feedback on-board and is working to create more autonomy and decentralize decision making, while bringing more clarity and data into the process. Employee participation and open feedback has always been welcomed and encouraged at N26. Not only do we respect different views and approaches, we believe it is essential to who we are. We’re working to create a model of employee representation which is modern, digital, and inclusive to all employees. At the same time, we are supporting the formation of a traditional works council in Germany, and are currently working together with the electoral board to set up an elections event that will ensure compliance with all safety laws, so that all employees are well protected and can participate. As a growing company, we respect and celebrate all tenures at N26. We love the fresh perspective and ideas that new joiners contribute, and we are equally grateful for the wealth of knowledge that seasoned N26ers bring to the business each and every day. We have a fantastic Organizational Development team who work directly with N26’s people managers and leadership to support continuous learning, and to develop, improve and reinforce the business strategies, structures and processes. There are lots of channels at N26 to speak up and share feedback. If you'd like to keep this conversation going, you can get in touch with the Employee Experience Partner for your department. Our leadership team believes in an open door policy, and would also welcome the chance to chat or provide you with more context and insights into the business. Thank you for your feedback, and for being on this journey to build a bank the world loves to use.

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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