N26 reviews

3.5

56% would recommend to a friend

(702 total reviews)
avatar

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
Feb 11, 2020
Recommend
CEO approval
Business Outlook

Pros

The annual Christmas party event is good, and there's free lunch once per week. And ofc there are cool colleagues too.

Cons

*There are so many people working in senior jobs who seem to be completely out of their depth in terms of knowledge, managerial interpersonal skills and experience. Often, people are only hired because they come from "big brand name companies" and the hiring team seem to think this means these people will automatically be some sort of asset to the company, but time and time again this has proven not to be the case. *There's no clear business hierarchy between teams or managers and the result is that the majority can't agree with each other, and projects are often miscommunicated or delayed. *ZERO chance of promotion of salary increase once you're inside the business (unless you're friends with the CEO or work in HR) so make sure you ask for a wage you'll be comfortable sitting on throughout the entire duration of your employment upfront. Don't let them tell you you can "negotiate it later", because believe me, that's not true. *There's no one steering the ship at N26 so you can expect to feel undermined, frustrated and fed up very soon after starting here. It's a constant circus and very few senior team members seem to care. *It's quite common to find yourself doing the work of 2 or 3 people, with no hope of renumeration or an evaluation afterwards. They lead you on with their so-called "annual compensation scheme" but it's an absolute mess with deliberately vague guidelines. Even if you do follow the scheme, the chances are your application for promotion will be denied without good reason. This is the point at which most sensible people leave the company for a better paid job. *Don't expect to get recognition for your work. Your manager's probably too busy. *There's no official guidelines around working from home which basically means if you have a cool manager that doesn't care, you get it, and if you don't have a cool manager, you don't. *One to one meetings and 6 month check-ins with your manager are rare. They just don't have time.

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N26 Response
6y
Hi there. Thank you for sharing your feedback and views from your time with us. As you will be aware, 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, and can be challenging for even the most experienced individuals. 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 by supporting career development. During this time we introduced our bi-annual promotion cycle, which has been designed to allow employees to take ownership of their development in a structured and transparent way. Our approach, which involves creating a development plan and seeking feedback from your stakeholders, is intended to increase transparency in how decisions are made, and to help our employees grow and develop in a way that fits their career aspirations. We host Development & Promotion walk-in sessions during the bi-annual cycle, to support team members with any questions they might have related to their personal development. Our Reward team continues to work closely with a number of salary experts, and the local market we operate in, to ensure we are fully competitive in how we pay our staff. Our approach to compensation and benefits has always been driven to provide fair and competitive reward for every role. In the past we have taken a flexible and pragmatic approach to working remotely, and shared these guidelines on the company intranet. Now, given the current global health crisis, we have been supporting all teams with the transition to remote work. This has been facilitated through access to office tech equipment at home, as well as online resources to outline best practices for working at home and collaborating remotely. Thanks again for sharing your experience with us. It’s important for us to understand where our employees and former colleagues are not happy, so that we can address these concerns.
1.0
Jun 2, 2019

Great vision, poor management, low salaries, very high turnover

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- giving opportunities to lear new jobs - fruit, drinks, coffee , beer - sports discounts, bvg discounts - black account for free - flat hierarchy... - huge parties

Cons

- management sending email promising more alcohol if targets are reached - hyper growth made HR recruiting standards go down... - unreliable employees, Berlin related behavior - very high turnover between employees quitting and 1 year contract not renewed - salaries are low - hierarchy will fire of you if you are not invisible - no air-con - crazy hours

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N26 Response
6y
We’re sorry to hear of your impression! This year we’ve celebrated reaching 3.5 million customers worldwide, launched in the USA and also revamped N26 Black to unveil N26 You. We also learned a lot this year in light of our accelerated growth and have undertaken a series of internal initiatives aimed at making N26 an even better place to work. Thank you for sharing your feedback with us, we wish you good luck in your future ventures.
4.0
Mar 7, 2018
Recommend
CEO approval
Business Outlook

Pros

The colleagues are great - smart, motivated to get things done. Forget boring, dragging meetings. People feel the urgency and get to the point. The work on distributed system is challenging. Top notch technology. You can work on things you and your friends actually use. Easy to make big impact. Anything can happen so it is exciting to see how things turn out.

Cons

Too many priorities at times. For IT sector low number of days of vacation (24). I personally miss regular homeoffice which would improve my work-life balance. I did not choose to work in software to be chained to desk every day.

Viewing 70 - 72 of 702 Reviews

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.