Used to be good - terrible nowadays - Software Engineer N26 Employee Review

1.0
15 Mar 2021
Recommend
CEO approval
Business outlook

Pros

- Good salaries in general (if you negotiated well in your interviews) - Foods & drinks available in the offices - Interesting product (but not updated)

Cons

- The product has stayed frozen for the past years. It used to be innovative, fresh and pushing the limits. Nowadays no features are ever added, no support for crypto, no investment options for most markets. We have fallen behind the other players in the market, they used to be copying and trying to keep up with us - this is no longer true. - Very hard and bureaucratic process to get a raise (and only 1-2 instances per year for this) - Lower standards for hiring: the hiring process used to be harder, nowadays it seems that almost anyone who is willing to join us (fewer by the hour...) gets an offer. Giving a "no" to someone gets a lot of pushback sometimes and pressure to change your review to a "yes" - Bad hiring process - related to the previous point: the questions have been the same since before I joined the company (3+ years), a simple google search will give you most of the answers. - No salary updates for people who have been in the company for a long time: there are many discrepancies in many roles, for example engineers with the same title making 20k more than other, not always deserving this difference. - Very bad engineering decisions in many areas: this depends a lot on the team you're working on, I would say half are bad though. Some areas have unqualified "leaders" (see previous point on bad hiring...) who boldly take random architectural decisions that have a huge impact on the team and its roadmap. Months/years are then spent following these crazy, poorly thought-out decisions which lead to even worse situations and a mess. - People quitting: so many people have been quitting lately that there is a weird atmosphere in the company, people are no longer proud to say they work there. The better employees are all going elsewhere and we are left with these unqualified leaders/employees happily taking all the new responsibilities and getting promotions. - C-level/upper management are mostly terrible. The ones that are good are the ones who quit over the first months they joined (check the news on C-level changes and you'll see how many are changing all the time). The others are completely clueless. The current CTO barely addresses the tech department in general, I have never once heard him talk about actually useful proposals to improve *anything* in the company.

Explore other reviews about N26

5.0
13 Jun 2023
Recommend
CEO approval
Business outlook

Pros

Great product and design and team is worldclass

Cons

more focus on understanding customer needs

5.0
21 May 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Small team in NYC working on bringing N26 to the US. Flat team structure (no bureaucracy or painful hierarchies). Open lines of communication and instant feedback loops. Everyone is extremely smart and driven towards a common goal, and we also enjoy each other's company both in and out of the office. There's also respect for having a life outside of work and a good sense of balance. Huge opportunity to take on as much work as you can handle and drive your own workstreams and outputs. I've found that my scope of responsibilities is quite large, and since joining, I've broadened my skill-set significantly in areas I wanted to expand upon.

Cons

Coordination with Berlin can be difficult at times given time zones and hypergrowth there. Nonetheless, people always are willing to help out and make themselves available when needed. Small team size as of now means fewer hands to help with all that needs to get done. That said - plenty of opportunity for new joiners to take on key tasks and responsibilities as we continue to grow the team

32
avatar
N26 Response
7y
Thanks for sharing your feedback with us and your experience of working at N26.
See reviews by: Helpful|Rating|Date|All