N26 reviews

3.5

56% would recommend to a friend

(701 total reviews)
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Valentin Stalf

28% approve of CEO

39% positive business outlook

N26 has an employee rating of 3.5 out of 5 stars, based on 701 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).

Reviews by job title

701 reviews
1.0
May 28, 2020

Terrible

Recommend
CEO approval
Business Outlook

Pros

Nice people and fun atmosphere

Cons

The complete lack of transparency from the company is incredible. They do not tell people anything. So many of my friends and myself are coming up to two years and instead of being renewed for a permanent contract they just fire you. They have absolutely zero regard for people’s mental health and the management exploit it. It’s Disgusting

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N26 Response
6y
Hi. Thank you for sharing this feedback with us. We are constantly working to deliver the best internal communications to you, and to improve our communications based on your feedback. We run a range of targeted sessions to communicate about our plans, objectives and key results. These meetings are set up to provide clarity and to allow an open forum for people to provide feedback and ask questions. We also offer a monthly session with both of our founders, where employees are encouraged to ask questions for their most pressing issues. We take our employee’s health and wellbeing extremely seriously. Given the recent situation we have found ourselves in with COVID-19, we have published guidelines on our company intranet on Mental Health and Working from Home During the Coronavirus. We also have a Mental Health Employee Resource Group (ERG), whose mission statement is to advocate for mental health friendly policies in the workplace, and improve the wellbeing of our employees across the globe. Any of our team members are welcome to get involved in these initiatives, and you can reach out via the group’s Slack channel to learn more. If you have any concerns we have not been able to address, and you’d like to keep this conversation going, please get in touch with the Employee Experience Partner assigned to your area. Our Employee Experience team was recently set up to serve as your first point of contact for all employee relations topics. You can find more details on the company intranet. Thanks again for sharing your feedback!
1.0
May 26, 2020

Politics, bros & fraudsters (repost)

Recommend
CEO approval
Business Outlook

Pros

Repost from mid-April deleted review. - fun colleagues - sparkling water

Cons

TLDR don’t go there, they don’t even pay market level LACK OF DRIVE Change of focus and strategy every 2 months which results in misalignement between teams and frictions. Key to hierarchy recognition is yes-(wo)man attitude politics and slides, it’s easier with them. LACK OF TRANSPARENCY Engagement survey results are so bad the report is hidden (shared since, but only overall company). Explanation given is that we did not appreciate the measures taken. Those measures were not tangible or please share a list, appart from adding it as the last company OKR. LACK OF INNOVATION Product and tech hardly delivers relevant financial or even basic features when competitors have a solid roadmap. Instead we change the design of the feed or group 2 buttons in 1. LACK OF INTEGRITY Employees are not considered and treated like disposable. C-level put a part of the headcount on kurzarbeit 100%, mostly people of lowest levels, instead of spreading the effort across teams and levels. LACK OF CARE A big part of the headcount is the HR, absolutely not involved in employee journey. I have the feeling they rather send survey by email than speaking to employees and being involved in feedback cycles/performance reviews/promotion discussion or Culture Amp account manager is good. Inviting the whole company with public walk-in sessions to avoid 1-to-1 check in just sends the message your time is too precious to adapt to employees calendar. Bonus: after years of employees asking for an equity incentive, they offered to trade salary increase against virtual ESOPs when company valuation was at its highest. A very low proportion of eligible people took it.

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N26 Response
6y
Thank you for taking the time to give us your feedback. We’re disappointed to read that your experience has been less than positive. Employee wellbeing continues to be a central focus for us, and so to read that you feel a lack of care from your People team is feedback we take very seriously. We have introduced many different channels and opportunities within N26 for employees to share their feedback or raise concerns, and so we’d love to hear from you directly to understand what you feel is missing. Our team looks at all touchpoints and milestones in the employee journey to ensure N26 can deliver consistent, positive experiences during your time with us. Having gone through a period of fast growth last year, it’s fair to say that there are many areas of opportunity for us to tackle, and it’s through your feedback that we can continue to identify and prioritize these. The decision to ask some team members to participate in Germany’s short-work program, Kurzarbeit, was not made lightly. Only those in roles where the workload has had a major impact - given the current situation with COVID-19, office closures, and international travel etc. - have been asked to adjust their working time. We have also offered a voluntary option for other team members to participate, such as those with children, where their preference is to reduce their working hours at this time. FinTech is an extremely innovative industry, and we’re super proud of all the work our Product and Technology teams deliver. This year we have fully redesigned our mobile experience, and will be rolling out more exciting product updates in the coming months. Transforming a heavily regulated industry like banking, which is long overdue for disruption, isn’t something that will happen overnight. But with passionate people from all over the globe who share our vision of building a bank the world loves to use, we know we’re on the right track to doing so. To address your feedback on compensation, our philosophy around compensation and benefits is to provide fair reward for every role. 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. As mentioned, we’re all ears for your feedback, and would welcome a direct one-to-one conversation with you to better understand how we can improve your overall experience. Please reach out to the Organizational Development Lead for your department to set this up. Thanks.
1.0
Apr 27, 2020

Stay away. Disappointing

Recommend
CEO approval
Business Outlook

Pros

Huge pros are the international environment and the great colleagues you'll find there.

Cons

You can make a career easily and lose it in a second, just as soon as management changes. Transparency is not an option: you either take it or leave it.

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N26 Response
6y
Thank you for sharing your experience. We completely agree that getting to work with a talented group of colleagues in such an international environment is one of the reasons that makes N26 a special place to work. Our Leadership & Organizational Development team work directly with N26’s people managers to develop, improve and reinforce the business strategies, structures and processes. And as your People team, we are here to listen to your concerns and take action when and where it’s needed. To suggest otherwise is simply not true. That said, we also offer an external Speak up hotline, which you can contact at any time should you need to raise a concern in a confidential, secure and anonymous way. We have shared your feedback with the leadership team so that we can reflect on your concerns and think about ways we can further adapt and do more to ensure these concerns are addressed.
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Glassdoor has 1,002 N26 reviews submitted anonymously by N26 employees. Read employee reviews and ratings on Glassdoor to decide if N26 is right for you.