kununu Prüfprozess
39 Mitarbeiter:innen haben diesen Arbeitgeber mit durchschnittlich 3,3 Punkten auf einer Skala von 1 bis 5 bewertet.
Das Gehalt kommt pünktlich. Gutes gratis Mittagessen.
Umgang mit den Mitarbeitern.
Walk the talk:
- Radical Candor nicht nur von den Mitarbeitern fordern sondern vorleben
- Transparenz nicht nur als strategisches Ziel hinschreiben, sondern leben
- Verbindlichkeit: Versprechen und Zusagen nur machen, wenn diese eingehalten können statt sie regelmäßig/mehrmals nicht einzuhalten
War bis zur Massenkündigung gut. Danach erwartungsgemäß mies.
Hat als Arbeitgeber durch die Kündigungswelle massiv gelitten.
Schwankt stark. Manche Kollegen gehen unter, andere haben viel Freizeit.
Schulungen werden geboten. Manager in der Regel extern geholt.
Durchwachsen. Alteingesessene sind teils massiv überzahlt, neue Kollegen werden mit überdurchschnittlichen Gehältern gelockt. Wenig bis keine Sozialleistungen. Mitarbeiterbeteiligungprogramm zusätzlich, allerdings erfolgt die Anteilszuteilung basierend auf der letzten Bewertung, die vermutlich überholt ist.
Mir sind keine Maßnahmen dazu bekannt.
Auch wenn die Kollegen größtenteils nett sind, das Grundproblem sind nicht kongruente Ziele über Abteilungen hinweg. Und es gibt leider auch einige scheinheilige Kollegen, die insgeheim gegen Kollegen arbeiten.
Gibt es nicht.
Keine klare Kommunikation, keine klaren Ziele, keine klare Vision. Viel Selbstdarstelllung und wenig Inhalt.
Schönes Büro, gratis Mittagessen, gute Ausstattung.
Katastrophal. Auch wenn die Massenkündigung aus finanziellen Gesichtspunkten nachvollziehbar ist, und das natürlich kein einfaches Thema ist, spricht der Umgang mit diesem Thema Bände. Von Amüsiertheit bis Trotz habe ich eine breite Bandbreite an Emotionen seitens der Manager wahrgenommen. Aber Einfühlsamkeit oder Empathie habe ich nicht gespürt.
Männlich und weiß dominiert. Aber laut Aussage des Unternehmens ist das OK, weil Diversität hat viele Gesichter. Vielleicht habe ich aber auch nur nicht verstanden, was Diversität bedeutet. Leider gab es keine genauere Erklärung dazu seitens Bitpanda.
Standard, auch wenn das Unternehmen meint die Aufgaben wären absolut einzigartig.
- Good office space with free snacks/food/drinks
- Excellent Home Office / Office work ratio
- Salary (if you have luck in negotiating it and getting liked by the right person(s))
- People (if you have luck landing a job in a good team)
With the recent layoffs - complete lack of leadership, and responsibility, no empathy, borderline sociopath behavior
- A lot of finger-pointing (they lie they're a learning company - they love finding someone to blame more than they let you learn on the job)
- Good PR, Marketing and difficult interviews just to be handed a mediocre job in a sub-par company
- Employ the people who can actually develop the company further and who are organized,
- Get rid of the people who parasitize off from other people's work and people who have been proven toxic to the work environment
- Do more to improve the knowledge of existing employees who deserve a career improvement in every way
- Practice what you preach (even with your own defined core values)
- Disorganization at it's core : company never managed to fix the issue of lack of communication (product managers, product owners, teams, slices etc.) leading to a lot of feature switching, often production rollbacks and hotfixes, people implementing what they want instead of what works integrated with the solution and what the customers want, nonsensical deadlines which ALWAYS lead to not compensated overtime and frustrations, and work even during weekends
- Mediocre middle - top tier management : your managers and leaders will in vast majority be the people who know the least about how the solution works and who posses the least technical knowledge to follow the ongoing discussions or provide constructive feedback/guidelines - more than often management looks at you for solutions even for their dilemmas and then reap the benefits like they came up with the solution/process/guide OR they provide without team consultation the nonsensical deadlines to top tier management - leading the teams to pick up the slack for their misinterpretation of the work.
Also, some of them can have a real toxic personality which can lead to a lot of undesired situations and negative work atmosphe
They spent a ton of money to build it up - but that's just it - PR, underneath it all - they're just another fintech company but this one with a seriously bad management
- Unpaid overtime and company culture promoting working till you're burned out
If it goes with the company's goals and you are friends with the right person in the company - yes, otherwise - only with a vast amount of luck.
There was a stream of nepotism in the workplace - new mid-top tier management bringing in their own people (more than oftentimes less competent than the already employed people) and then the existing employees were told to teach these newcomers everything they know to improve them for better positions than they have in the company.
Contrary to all the marketing tricks being said that the company respects the "radical candor", you have to be REALLY careful to who you tell what - wrong person interprets your words or passes comments them to someone else - it can be a career ending situation as seen oftentimes throughout the company (people getting fired and put on garden leave immediately or people who haven't progressed further in their career even though they earned it because they became unfriendly with the person in charge).
Also, there are no REAL metrics or baseline to which your performance is compared to, or the goals you are encouraged to set are measured in any meaningful way or if you achieve or overach
Benefits - so far shown - a marketing trick:
* work from anywhere is not "ANYWHERE" - the list of countries where you cannot work is bigger than the list of countries where you can work, and getting the permission to work in a disallowed country takes a lot of time and a lot of approvals from different levels - team lead, engineering manager, C level etc...
* unlimited vacation time : even before this benefit there were cases of disruption to take the days off on every corner : from the disapproval of the team you work with, to the disapproval of the company if there's a feature or a product push planned (more often unplanned but required ASAP).
Also, taking these days or taking more days than the regulatory allowance (sick days, personal leave, special care leaves etc) negatively affects your performance reviews even though you overachieved your yearly goals by the end of year.
* 20 weeks parental leave - I have only overheard there were people who were already prevented and discouraged to take it since it's not desired for you to be off for so long from work
* Virtual stocks - do not be fooled by this, at the end of the year the stock amount you get is < 0.5 EUR
Do not kid yourself - they don't care about any of it
The toxic ones are usually the ones you have to spend the most times with, however there are a few which were really good
Because of recent developments - they use you and then throw you away irregardless of your gender, years of service or age
With the most recent layoffs - completely lacking remorse and humanity - borderline sociopath behavior
Office space great - office atmosphere not so much
No transparency whatsoever
This was also to a point where they were hiring more women just to have a more clear "50-50" representation irrelevant of the skills other candidates were offering for some positions... which lead to a drop in quality...
Only because whatever was previously done was done by completely beginner developers... they're even outsourcing new developments to more capable coworkers in other companies!
Liberty to work from home, benefits, modern working environment, great connections (infrastructure),
Currently, it does not feel like one is appreciated.
Working for a company with no job security is difficult.
If there is no loyalty from above, how am I supposed to trust them and give everything?
Don't just preach your DNA. Actually stick to it and enable your employees to do so as well. How are we supposed to "Act with integrity" or "Win as a team" if our top-management don't do it?
Within the team it is a truly pleasant environment
I would take the public image Bitpanda presents to the public with a grain of salt. Not everything is as it seems: unlimited holidays, free food, drinks and other benefits; but 270+ people lost their jobs from literally one day to the next.
With the unlimited holidays and the option of working from home the Work-Life-Balance is great. However some people have to stay long when month end rolls up. Now that so many people have been let go, that workload will only increase. Let's see how long the unlimited holidays will last.
The decisions of who is promoted and who aren't is surprising to say the least. Some people can be partly responsible for certain events, yet receive a promotion.
As many others have mentioned: the compensation is below the industry average. Especially for the hours expected from you.
Within teams it is great.
My people manager... amazing. Above that... terrible. No transparency, no respect. They keep preaching their Bitpanda DNA but haven't shown once that they actually believe in it themselves.
The top levels always preach how transparent they are. When people are let go, the people managers only receive a list after the decision who is let go has been made by people that have never even met the person they let go.
I have learned a lot and for that I am truly grateful.
How employees are treated is an important sign of whether or not a company can be successful. At Bitpanda, employees count for nothing. Long working hours, bullying, inexperience, dismissals are sent to veteran employees by mail. Great interviews in the media without substance or real values. Hands off this company, if you want to have a successful career.
The HQ, onboarding, culture
Job uncertainty, not being transparent about decisions.
Sort out your C-Level Management. There are some outstanding enhancements to execute.
Used to be great before mass lay-offs. I used to be very proud of this company.
Get ready to work many overhours.
Was alright, but not amazing.
Unfortunately, there are no measures to help saving the environment. Lunch to go in plastic packaging, no proper food separation, merchandise being sent out in unnecessary large boxes, and energy-wise, no need to explain further...
Within the team, the atmosphere has always been amazing, only with other departments it seems a bit competitive.
There are barely any older colleagues.
Again, direct/ mid-management leaders are great. However, many decisions are made top-down, not always in the best way
Unfortunately the communication is quite intransparent and information gets lost due to a billion of slack channels, jira tickets etc.
Everything was already mentioned. You can't trust them at all. No job security as you can get laid off anytime, not matter how long you have been with the company (3-5 years or longer). They even laid off people, who are pregnant, sick or moved to Vienna with their whole family for their, which is just ridiculous.
Don't make any promises you can't keep -> saying that you were NOT laying off any employees in the near future
Toxic working environment. Expecting people to work 24/7 with no exceptions. Even if you are sick (having cancer treatment etc), you are expected to work and deliver. C-levels asks you to do some extra work during the weekend for no extra pay or any benefits.
On the outside everything looks like the best company every but as soon as you join, you will dispappointed quickly
You are expected to be available 24/7.
Under market average, you will ALWAYS earn way more outside of Bitpanda and they will always try to lowball you with their offer
Colleagues were always nice and supportive. They treated you like a human being compared to those C-levels, who are only looking out for themselves and get more money to enjoy and flex with their expensive lifestyle.
I have never seen any old employees in the company
Teamleads always tried their best to support us but in the end, the upper management aka c-levels has the last word about every single decision.
One week they (someone from upper management) say they are have enough liquidity and don't plan on laying off staff in the near future. A few weeks later 300-400 employee were laid off.
People who are friends with the upper management always get their promotions and pay raises. If you are not one of them, don't expect to get a promotion or a pay raise at all.
Interesting in the beginning but without the option to change departments, it gets boring very quickly
They had lots of money and gave a lot of bonuses.
HR, CEOs, toxic atmosphere, generally crap.
Sort it out. The company started going downhill years ago. Everyone saw it, how did you not?
The people who want to work at Bitpanda are good, cool people. Unfortunately in the last few years - mismanagement and poor hiring has led to a horrible, toxic place to work.
Used to be great but the recent laying off of hundreds of employees after a year of bragging about being rich has ruined all trust.
Says its flexible, but has an American culture of work till you drop. If you don't do that, you're 'not pulling your weight.' We have 40- contracts for a reason, Bitpanda!
They are cutthroat. Will fire hundreds of people in a lunchtime meeting just like that. No career here anymore.
Average, has gone down.
They have a lot of money.
They love telling you how great they are. Despite laying off hundreds of employees one week after saying they would not.
There was cool stuff to work on.
Was a welcome culture and amazing feeling to work for bitpanda - almost a cult and lot of good people around there in an interesting work environment.
All said.
Sticking to the traditional product it came from and reflection on past work and unsystematic hiring is needed. The fish stinks at the head.
The folks are young and partly motivated, lot of things done to keep people happy and motivated (maybe distracting too much from really working)
Was a Peoples company and has been named like it by HR for long time. The mass layoff destroys this image in the long run.
The Colleagues, who a dedicated their time to clear the chaos and steer the company in a right direction, help as much as possible.
Over worked, it able to bring the right decisions on the table - otherwise friendly
Lot of silos and due to over hiring positions nobody know what they are good for. Lot of miscommunication between C-levels and politics slowing down the progress and being the companies well being at risk
Pay is good and whole package with unlimited vacation is unique.
Modern work environment in an interesting field
Again: Hire and promote who fits, not who's good for statistics.
Hire and promote who fits, not who's good for statistics.
Working on crypto in a time where crypto thrives is obviously cool. The work itself is kinda what you don't expect: just another copy & paste office job with a different packaging.
Think the image is super good. Crumbles if you know how its from inside though
Crypto with its energy consumption just isnt good for the nature. Let's face it. Stop greenwashing here. Still like my job though
Best about the job are the colleagues.
Very young across the board. Not many older people.
Top down. Fake leadership and no credit where credit is due.
Nice new office. Shiny from the outside, not so new from the inside (conservative management).
Top down. Simple as that. For being a modern company people behave like it's 30 or 40 yrs ago.
Saying this as a female but the company doesn't promote men even if they deserve so. I've seen a couple jobs that were served to colleagues just because they're female, even though inside the team others (no matter gender) said it was someone else who deserved the promotion more. Its all about strategic positioning to the outside world that hey, at this company, we got women in leadership roles. I'm just all for whoever fits best gets the job and not you pick if someone has any chance of being decent at the job but first criteria is gender or whatever.
meeting some very nice people (colleagues on the same level) there
see comments above
Change of Leadership - the rot starts at the top
- in general you can say there is little to no appreciation from management
(having a recharge week if you work 60h a week for months, does not do the effort)
- some of the colleagues are super nice - you'll find them - you're in this together
- long hours always
Weirdly the image is still quite good - even if you can notice that there are already some people/headhunter who recognized whats going on tere.
Ask for the people who had burnout at Bitpanda or even better for those who are at risk.
"Unlimited vacation days" - I love it - nice thought, what a pity that no one mentions here that you don't even "dare" to use up your regular vacation days because you're swamped with work. Of course, this is all due to the team and not to the fact that the roadmap is changed every 2 weeks.
- good for the CV - at least they think like that but in reality it's not; headhunter asking you how the environment is out of curiosity
(seems a lot of people currently working at Bitpanda are looking for a new job)
Mediocre salary; as long as you not do the effort to calculate your salary/hour
Waste separation
- completely depending on the department/team - if you're a lucky one you have some colleagues who brighten up your long days
There are no "older colleagues"
C-Suite is completely incompetent due to lack of leadership experience and blind spots, which they also refuse to work on. You could learn something - but you don't want to - you do everything great anyway :D
That's why they stick to the motto: "Birds of a feather flock together," and instead bring even more narcissistically inclined personalities into management.
However, it has to be said that there is always a pearl to be found in the so-called pigsty - only unfortunately, two pearls alone can't do anything either, next to all the crap.
New office is fancy, but still having a proper work-life balance would be way better
- top down communication and decision making
- conversations at eye level ? - almost non existing, you're just a number
- sexistic "funny" comments on management level are not uncommon
See communication
indeed interesting, since the field they are working in is - not a achievment of the company tho
So verdient kununu Geld.