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      N26

      Engaged Employer

      N26 reviews

      3.5

      56% would recommend to a friend

      (702 total reviews)
      avatar

      Valentin Stalf

      28% approve of CEO

      39% positive business outlook

      Ratings by category

      3.7

      Diversity & inclusion

      3.6

      Work/Life balance

      3.5

      Compensation and benefits

      3.3

      Culture & values

      3.1

      Career opportunities

      2.5

      Senior management

      N26 has an employee rating of 3.5 out of 5 stars, based on 702 company reviews on Glassdoor which indicates that most employees have a good working experience there. The N26 employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

      Ratings by demographic groups

      Reviews by job title

      702 reviews
      1.0
      Nov 2, 2019

      worst place I have ever worked

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      start up perks: free food, drinks, some parties and celebratory events, N26 you account, public transport card, discounts on memberships, dogs in office

      Cons

      I wish I paid attention to the bad reviews. It is a toxic work environment, low salary, bad promotion cycle that ends up with people not getting paid or promoted when they are told they will be. Working overtime without payment is common and expected. Then hearing about how the department allocates money to people already in higher positions/ friends. So much lack of communication and decision making with no basis, other than to appease higher ups and/or authorities, without considering effects on employees and customers. Much talk of transparency and flat hierarchy, but management cannot be questioned and will bully or fire people who do not fall in line. People who have been in the company since the beginning and worked extremely hard have been fired for this reason. Employee morale is getting worse and worse. Everything is sacrificed for hyper growth and company obsession with expansion, without being internally ready for it. Internal processes and product are a mess after such a long time, with temporary solutions that do not solve the deeper problems at hand. This makes it difficult to imagine a future where things are better. Always a feeling a tension and stress due to constant crises from dealing with issues regarding this, that could have been solved by consulting the employees doing the hard work every day, expected to work overtime, without extra pay or appreciation. Employees doing jobs of management and higher ups, without anything in return. Difficult to take this kind of company seriously and seeing many people constantly sick from this environment and eventually leaving, many without another job lined up.

      avatar
      N26 Response
      6y
      Hi. Thank you for taking the time to write a review. It’s disappointing to hear you have not had a pleasant experience, and we would like to take the opportunity to address your feedback. We work closely with a number of salary experts, and the local markets we operate in, to ensure we are fully competitive in how we pay our staff. Our approach to compensation and benefits is driven to provide fair reward for every role. Last year we introduced a bi-annual promotion cycle, which allows our people to take ownership of their development in a structured and transparent way. Through the creation of a personal development plan, and by seeking feedback from stakeholders in the business, you have a structured way in which to grow your career. This process is designed to be transparent and allow for clarity on how decisions are made. We have introduced new internal communication channels and adjusted our meeting format to make sure all of our employees are up-to-date about our plans and our overall OKR structure. These meetings are intended to provide clarity to all of our employees and to allow an open forum for people to provide feedback and ask questions to our leadership team. As a growing organization, we have great minds working across the business to implement new and innovative processes which support our growth and challenge traditional norms. Our people are at the heart of this work, and we celebrate this as we reach new milestones and rethink the banking experience. Candour and open communication is extremely important to us, and we would welcome the opportunity to address your concerns further. If you are open to a discussion, please reach out to the People team directly.
      2.0
      Nov 21, 2018

      Burn baby burn

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The buzz of working in fast moving company Convenient office location Free snacks

      Cons

      They burn out employees with unrealistic expectations and don't care as long as they can find another sucker to replace them. Senior management care only about their own interests in the companie's success and very little about the people doing the actual work. Everything is driven from the management down and no chance to have any say in real decisions. Work life balance does not exist.

      avatar
      N26 Response
      7y
      Thanks for sharing your feedback with us and experiences of working at N26. As a hyper growth company, that can mean at times people are pushing to achieve multiple targets. We have high growth plans and that can cause an environment that is challenging to some people but also an environment where others can thrive. Every week we celebrate team projects, N26ers come together and share the challenges they have faced, demonstrating the teamwork that has made a real difference to our business. We wish you good luck in the future.
      1.0
      Apr 13, 2020

      Politicians & jerks thrive. Everyone else suffers

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Many drinks and snacks. Well known brand name.

      Cons

      Self-promoters and people playing the political game do very well here. Those with actual results, but do not play the game, are marginalized (sometimes openly) for this. Most of the upper management is arrogantly incompetent so they do not see this. The management that is competent knows that politics rule so they play the game and perpetuate this. Most employees are extremely unhappy with the company based on quarterly employee survey results, which have gotten worse every quarter for the last two years. The last survey results were so bad that the executive team refused to release the results to employees.

      avatar
      N26 Response
      6y
      Hi. Thanks for taking the time to share your views with us. We take our employee engagement survey, and the feedback in it, extremely seriously. Our most recent survey score was shared in a blog post from our Chief People Officer, which you can read on the company intranet. Our ambition is to be a top employer, and to positively impact our employee’s career journeys. With that in mind, it’s fair to say that our engagement score is not where we need it to be. Based on the last engagement survey, our management team shared their action plan to move things forward. Unfortunately, we haven’t seen these actions being felt at the level we would have hoped, which is why we made the decision to approach the current survey from bottom up, as opposed to top down. All team members are currently discussing their department’s results within their teams, and creating action plans to take back to the management team. These will be aligned and presented to the whole company. We need your support and direction to turn our collective engagement around. This is a great opportunity to have your voice heard, and play an active part in shaping our culture. We’re looking forward to working together with you on this. As always, the People team remains available for support and open dialogues. We would be happy to chat with you further. Thanks.
      Viewing 31 - 33 of 702 Reviews
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      Glassdoor has 1,003 N26 reviews submitted anonymously by N26 employees. Read employee reviews and ratings on Glassdoor to decide if N26 is right for you.