kununu Prüfprozess
52 Mitarbeiter:innen haben diesen Arbeitgeber mit durchschnittlich 3,9 Punkten auf einer Skala von 1 bis 5 bewertet.
The people who do the real work are amazing, most of them young and very open minded.
Other than everything mentioned above, the treatment of their ex colleagues after laying them off. No support whatsoever through the whole off boarding process, missing payments for remaining vacation days. And after chasing the company for missing payments/information due to their failings, you’re ghosted, need to double text and get no transparency at all. Very untrustworthy behaviour.
HR needs to step up and really care about the people working in this company or else it will be impossible to hire talent anymore. The whole city of Vienna knows about Bitpanda’s bad treatment of their workforce and people get scared off. Leadership needs to evaluate their leaderships skills.
In my department, people really cared about each other and I worked with the most amazing colleagues. In the beginning there was also a big belief in the mission and values of the company, it was almost cult-like. Bitpanda and their leadership destroyed this completely the moment they felt pressure from
investors, the mission got overturned and people cannot identify with it anymore.
Was great, they fell off.
You’re expected to be reachable 24/7 WITHOUT GETTING PAID FOR OVERTIME. It’s not even that the workload is too big, people just expect you to be there anytime they could need something from you. “Flexible” working hours means - be flexible whenever THEY want you to. Your own flexibility is deprioritised.
No support with this. If you start a job here, be sure you want to live with the exact same position for quite some time without a real chance to change it, even with exceptional performance (which isn’t measured)
Depends on your department and if your leadership is fighting for it. Ours wasn’t, a yearly salary negotiation is basically non-existent. They don’t do Inflation adjustments, everything is “performance based” but they never evaluate your performance or define actual goals, so there is no way to judge it anyways.
Nothing really.
In our department this was amazing, other departments don’t have it as nice.
Which older colleagues? The ones I knew got laid off or left. This is not an environment for older people, if you’re experienced and established enough you won’t put up with this.
In every level of leadership there is lack of experience (the oldest leaders in bitpanda are in their mid-thirties) and lack of acknowledging their mistakes and areas of improvement. I’ve never felt more disrespected than by the behaviour of some of Bitpanda’s leadership. They don’t only perceive you as a number, they will make you feel it, too.
Office is amazing, free Lunch in the HQ was great, they changed the meal plan to an unhealthy version without letting anyone know though.
One of the worst places I’ve seen. Decisions are made without informing anyone. People are being laid off without their team leads knowing, no exit interviews, no one cares about you.
Interesting in the beginning, getting worse overtime because of lack of budget and micromanagement from the leadership.
The office is nice, most colleagues as well.
Some of the products and projects are really interesting.
Toxicity entertained by management with zero people skills and HR looking away.
Teams failing due to management changing their mind on daily basis and fighting with and against each other constantly instead of being one big happy family.
Free lunch, very nice team at the time (now they are all fired, but well..)
Low pay, hiring people that don’t have a clue about leadership.. really bad managers, I only had one good and he was fired with the first series of layoffs…
This list is too long and they think they are the smartest so better not to even start
They want you to work long hours without being paid for it, imagine that working atmosphere
Lol
There is no balance
None. They will promise you something and then hire someone externally
I don’t know what to tell you - new employees got double than the old ones, they just wouldn’t give you a pay rise and they want you to be available all the time. Needless to say that there was no transparency and people felt insecure to talk about this…
Some were great, some were utterly horrible. Mostly my team was great and everyone else would think you are working FOR them, as their own servant
There are none
The old office was okayish, the new one was really nice
What communication? They don’t know what that means.
Few years ago they were interesting, but that stopped when they hired a manager that killed all our ideas.
free lunch
Bitpanda has no flexible working hours. It is flexible for them, because in the end you have to be available and reachable until late at night and during holidays. Holidays are impossible to take because there are not enough colleagues who would jump in for you. It does not appear good if you leave work on time and dont work overhours (you do not get paid for them) - they do not respect that you want to have time for friends and family. You have to make sure to always work more than your colleagues to make a good impression, a promotion is impossible to get though, because they tend to hire from the outside for new positions. Considering how many hours you work and have to be reachable and available the salary is a joke, and they are not easy with a raise. Also, knowing that everyone gets a different income, tends to increase insecurity.
I met some nice colleagues, but many are very impolite, there is no "friendly atmosphere", and at lot of team leaders or the hierarchy make your everyday life hell and have no abilties to lead a team. The company is a mess, they have no understandable hierarchies or structure.
I would strongly recommend you to look for a different company!
There are no older colleagues
Some Team Leader have no idea how to lead a team properly. I had a horrible boss at Bitpanda!
The office and perks around the office were nice. Also the company event.
- Absolute inability to support employees when they are struggling.
- Awful managers in some departments, who openly push you towards burnout, and could not care less about your wellbeing.
You should fire managers who just feed into the toxicity, and not lay off people who actually get the work done.
Very poor image after layoffs
just gaslighting when trying to advance in your career
What older colleagues?
Nice new office
Dishonesty, treating people like numbers, low salaries for the older employees, no way some people could get a promotion and some other get promoted every second week. One must wonder why…
Appreciate your employees, respect them and their time, not treat them like you own them, stop doing marketing tricks like unlimited holidays just before firing 500 people…
Except for my team it was a chaos
Everyone thinks it’s a cool company from the outside, but it was always rotten on the inside. They were always hiring wrong people for the leading positions.
None - they would call you on Sunday too if they wanted something from you.
The salaries were not really good, especially for those that started years ago. Very difficult to get a pay rise.
There were many nice people working there - culture was great. The only thing good about bitpanda actually.
We didn’t have older colleagues.
What communication?
Some were very interesting, but the approval process killed many good ideas. No real strategy whatsoever. Strategy was the favorite word at bitpanda, but they don’t know what does it mean.
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.
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.
So verdient kununu Geld.