N26 reviews

3.5

56% would recommend to a friend

(702 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 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).

Reviews by job title

702 reviews
1.0
Jun 27, 2019
Recommend
CEO approval
Business Outlook

Pros

* Free refrigerated drinks. * Free lunch on Wednesdays. * Dogs are allowed in the office (hi Benno).

Cons

* Low pay which is not related to either experience or performance. * Engineering managers who don't even know how to read the code of those they evaluate. * Performance evaluations driven by political connections while ignoring contributions, there is literally no place to list contributions. * People get entirely skipped in performance evaluations with no explanation. * Product Managers who have never written requirements. * Principal Engineers with less experience than junior engineers. * Out-dated technical stack that doesn't perform, doesn't scale, and has frequent outages. * Rigid, authoritarian, control that retaliates against people who actually solve real problems. If a solution was not dictated by your unqualified manager, you will face retaliation even after you fix problems and make improvements. * Decision making in off-site "inception meetings" that leave engineering out of the process and whose members are hand-picked from the most politically connected. * Extremely top-heavy organization. "Target Operating Model" introduces several layers of managers with poorly defined responsibilities filled by unqualified, but politically loyal, people. It is not uncommon for work that takes an hour to be frozen and blocked for a month while the managers above hold endless meetings about topics they know nothing about. You will not be invited to these discussions about your work. * Despite the massive headcount, most have no idea what to work on, and those who do the actual work that keeps the business alive are badly understaffed.

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N26 Response
6y
Thanks for sharing your overall experience with us. We are sorry that your experience at N26 has more cons than pros. We strongly recommend you reach out to the People Team to have a personal conversation about your issue(s). Employee feedback is of great importance to us and we will ensure that your feedback is communicated to the relevant department.
1.0
Jun 27, 2019
Recommend
CEO approval
Business Outlook

Pros

- International environment - Some startup perks, free snacks ,fruit, drinks - Not much pressure to deliver things, so work life balance is good

Cons

- Your compensation, title, and performance review are based on everything BUT your performance. You need to demonstrate loyalty to the toxic management team in order to get recognition in this company. The best indicator of whether you're fit for a promotion is if you've worked with C-level at previous companies. - Management makes decisions based on gut feeling, confirmation bias, and totally skewed perceptions of reality. They ignore hard data and facts, and will actually punish you for bringing them forward. Because if you make decisions based on data, then you're obviously not loyal to them. - No real technical leadership. The best engineers problem solve based on analysis, and they have all been either pushed out or have quit because they have no way of making a real impact. The company is left with either people who will listen to anyone, or political players who just try to accumulate more power. - "Hypergrowth" killed the culture and productivity of the company (really, it's hard to find a team that has produced real value in the past year), but saved management. They replaced all the quality employees with brand new sheep whose roles are completely undefined and who will listen to anything they say.

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N26 Response
6y
We’re so sorry to hear about your frustration with the Company. If you are still with us we strongly recommend you reach out to the People Team to have a personal conversation about your issue(s). The team is available to help.
2.0
Jun 27, 2019

Read the reviews before moving forward applying there.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

We benefit from the nice image of N26 outside the company, we have some fresh fruits and a lot of snacks to make sure you gain weight and you stay there late!

Cons

N26 benefits from a very strong image outside the company and therefore became a very attractive company to work with as a partner or as an employee. Compared to the Start Up scene in Berlin, N26 presents way better salaries and perks. But that is: it. Management (C-level but more especially leads!) have no idea what they’re doing, but they deny anything that could prove them wrong. They are not here to help you grow or to encourage you in projects because: they don’t know what your job is, they don’t know your KPIs or OKRs, so they get afraid and will just say “no”. They don’t look for excuses, they just say no. Then, they victimise themselves. It’s not their fault if this or that happened. Because they’re leads and managers only in case of success. If you failed, it’s 150% your fault and they will deny any action they may have had. N26 is a bro company like we love them in Berlin. 25 years-old guys are Directors because they helped the company 3 years ago. (Guys, yes, it’s almost of course only males) they just come here after failing in a Rocket Internet company with the worse Management skills and come here to try out terror management for a very very high salary and very very low abilities. They’re just here for the fame because N26 is the new trend and while you’re doing your maximum to make the company successful, they are just here to take credit for you actions and make sure you will stay at the lowest level while they make their promote their friends to jobs they have no abilities for. Too long I didn’t read: don’t go there. You probably are worth better.

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N26 Response
6y
Thanks for sharing your overall experience with us in the workplace. We are sorry that your experience at N26 has more cons than pros We are thankful that you took the time to share your opinion here so we and others who work on this can reflect on it and think about ways we can adapt and do more to ensure you and others feel valued. If your still with us, we hope you have seen a change in the environment since you wrote the review in June.
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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.