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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
      Feb 11, 2020

      In Nosedive

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Working with a diverse group of talented colleagues. As the company pushed beyond being a small startup last year, some more experienced hires were made. Unfortunately most of these people are gone, as the business struggles to keep experienced hires. - Still a great place to start your career if you are a graduate. Many interns and working students enjoy a fast-track to making an impact, and they are less likely to care about the terrible N26 pay. - N26 still seems to be a reputable brand in Berlin from the outside.

      Cons

      - Oddly slow pace for a startup, there are new hires from stuffy traditional banks who are used to faster processes. Decisions aren't made and uncertainty engulfs the culture. Transparency is non-existent. - Incredibly high turnover, even for a startup/scale-up. How so many people can leave (even without a next job lined up) is alarming. Look beyond the company's chosen top 'featured' glass door reviews for a more accurate image! - Questionable moral compass. Founders and leaders seem to care as little about their employees as the customers they're ripping off. No clear stance as a company or brand, no CSR play in sight. No creative campaigning or storytelling, just the same old cards as all the competitors, coupled with a sub-par app. - Immense pressure trickles down from the top. The business is still reeling from two failed market launches outside of Europe, whilst the product itself has seen zero innovation in the last years. What was the cool new disruptor for Germany is actually not so disruptive anywhere else, and the panic to fix this is really felt. - Delusional decision-making shows how out of touch the Founders really are. They seemed surprised when no one took advantage of their ESOP scheme, and thought senior hires would be ok with them placing a 26year-old friend of theirs as a new C Level direct report (or most likely, they just didn't care either way).

      avatar
      N26 Response
      6y
      It’s unfortunate to hear that your experience with us has not been a positive one. We will address your concerns here, and also invite you to get in touch with us directly to keep the conversation going. 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. It can be challenging for even the most experienced individuals. This is why we assess resilience during our recruitment process, and ensure that candidates have a complete view into the challenges of the role they are applying for. This work continues now as we look to fill key, strategic roles. 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 continue to develop programs and processes to support professional development. We have introduced new internal communication channels and adjusted meeting formats to make sure all of our employees are receiving up-to-date information about our plans and our overall objectives and key results. These meetings are intended to provide clarity and transparency to all employees on the decisions being made, and to allow an open forum for people to provide feedback and ask questions to our leadership team. If you have suggestions on how we can continue to build a great place to work, you can share these anonymously in our employee engagement survey, or reach out to the Organizational Development Partner for your area. Thank you.
      1.0
      Aug 18, 2019

      Disappointed till the last day

      Banking operations
      Recommend
      CEO approval
      Business Outlook

      Pros

      * Interesting people * Growing start-up * Free food ? if you are interested in this

      Cons

      * Bad management style * What is promised is not the same as at the company ( looks cool but it is not ) * Bad career management * They prefer to hire external people instead of promoting from inside * Low salary * Inexistant coaching programs for internal people to jump into certain positions * A lot of pressure * Gap between management and the team I left the company after 1 year with a total desappointement, knowing I also had high hopes same as you, think twice as the turnover - of people - in the company/Bank is quite high

      avatar
      N26 Response
      6y
      Thanks for leaving a review about your experience at N26 we appreciate your valuable feedback and wish you well in your future endeavors.
      1.0
      Jul 10, 2019

      Do not believe the hype

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Brown bag lunch on Wednesdays - "Flexible" working hours

      Cons

      I have been working for almost a year at N26 and unfortunately, little improvements have been done. There are little to no career opportunities unless you are part of the "circle". They do not invest in their employees, people are most of the time leaving after a year. The salaries are not even close to the market average. The problem starts with the hiring, they seem to hire buddies, instead of people that get the job done. I do not recommend anyone to work here if they are looking for a serious career job. It is a good temporary job that's it, don't get fooled by the nice flyers.

      avatar
      N26 Response
      6y
      Thank you for your sharing your feedback with us. We are sorry to learn about your overall experience within N26. We do have an employee referral program like most companies which we have implemented to incentivize everyone in the team to support us in our recruiting efforts and to bring the most talented people to N26.
      Viewing 46 - 48 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.