Bit High Salary, But a Toxic Work Environment - Anonymous employee Trade Republic Employee Review

2.0
26 Sept 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The salary is a bit above the market average, which initially seems appealing.

Cons

The most significant issue with this company is the high-stress environment it fosters. There's a constant pressure to demonstrate unwavering dedication and commitment to delivering value to the company. Failure to do so often results in the fear of termination, creating a toxic atmosphere of anxiety.There's a concerning lack of transparency within the organization. Layoffs happen without prior warning or open discussions. Colleagues often engage in conversations behind one another's backs, discussing who is deemed a "loser" or not meeting expectations. The company is quick to lay off employees, which creates an ongoing sense of uncertainty among the remaining staff. You're either on edge, fearing you might be the next to go, or you risk being labeled as a toxic presence if you voice concerns about the work environment. And doesn't seem to provide opportunities for employees to transfer to different teams or make compromises to improve the working conditions. They're rigid in their approach, which can be frustrating for those seeking a change.

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Trade Republic Response
2y
Hi there, We appreciate your feedback and insights. We take your comments seriously and will use them to continually improve our environment because ensuring a positive and safe workplace is our priority. We understand your concerns, and as the company evolves, we must sometimes make difficult decisions to adapt to market demands. However, we assure you that every effort is being made to minimise any negative impact on our employees. We are actively exploring opportunities to provide alternative career paths, support those affected by any change and reviewing our approach to ensure that our actions align with our values. Thank you for sharing your thoughts. We are committed to improving and creating a better working experience for all. If you have any other specific suggestions how we can keep improving, please get in touch with our People Team and/or your People Partner directly. Best regards, Trade Republic 🚀

Explore other reviews about Trade Republic

5.0
19 Apr 2022
Recommend
CEO approval
Business outlook

Pros

- interesting project - nice startup flair

Cons

- potential wasn't used entirely

4
2.0
14 Apr 2026
Recommend
CEO approval
Business outlook

Pros

1. Smart people 2. Company is growing 3. People are professional and motivated

Cons

1. Forced curve means you can work hard and be fired. 20% of the company is fired for performance every 12 months. This leads to politics, the more senior you get. Got unlucky to not work on a critical project - potentially fired. Others in the team are older and better adjusted with management - potentially fired. 2. Salary is not premium enough to justify the effort and risk. You can get a bad rating for being unlucky to be in wrong team or project. 3. No engineering leadership 4. They downlevel you during hiring and promotions take more than hard work and delivery. 5. Senior, Mid all are rated together. Very tough to get rated and promoted as a junior. Overall thankless and similar effort anywhere else would get you more scope, growth, compensation. If you don't want to work hard, then this is not the place for you. If you want to work hard, you could grow more elsewhere.

5
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Trade Republic Response
3w
We set high standards to keep our company focused and we recognize that this level of ambition creates a demanding environment that may not suit everyone. While we maintain these expectations to drive our mission forward, we appreciate the dedication of those who contribute to our growth.
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