Bitpanda reviews

3.5

54% would recommend to a friend

(159 total reviews)
avatar

Eric Demuth

43% approve of CEO

54% positive business outlook

Bitpanda has an employee rating of 3.5 out of 5 stars, based on 159 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bitpanda employee rating is in line with the average (within 1 standard deviation) for employers within the Informationstechnologie industry (3.9 stars).

Reviews by job title

159 reviews
1.0
Jul 19, 2021

Think twice if you want to join

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Interesting sector, good salary and equipment

Cons

Very bad training. The senior staff never share the complete procedure to the other staff to beeing essential for tbe company and not enter in the russian roulette. Management do not accept feedback and if you give it you are marked. Company overhire and fire many staff the first months. If you don't have a job you can apply, but if you are thinking to leave your current job to join Bitpanda, better think twice. Definitely i don't recomend this company and will leave as son as possible

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Bitpanda Response
4y
Hello, while we are excited to read that you are happy with our salary and equipment package, we are very sorry to read about your concerns. I would like to point out that feedback is a crucial part of our employee journey, it has always been highly valued at Bitpanda how short the communication channels are and how flat the hierarchy is. On top of that, we offer formal and confidential feedback moments, such as 360 reviews as well as our engagement survey which are taken very seriously throughout our management level. Due to our product and location expansions, our hiring needs are high to support our current team members as soon as possible. We`d love for you to share your thoughts directly with your manager or the people team to understand the details of your discontent and find solutions where possible. We thank you for your feedback so far. Wishing you all the best, Chiara
2.0
May 26, 2022

Not a place to be

Recommend
CEO approval
Business Outlook

Pros

- International teams, - Office looks good, - They have started to listen to senior devs that are trying to push the wheel in the right direction, - Work from anywhere, vacations, "week breaks". But, I'd say they're offering this many benefits because they cannot keep devs at bitpanda or because employees are just stressed. - One thing that I really like is that you might be able to work like 6 hours a day (with a reduction of salary), - It might be good to work here to put into your CV and to learn some technologies for a starting dev, - To learn what a growing start up can be. - Free coffee so you can work during the nights.

Cons

- Very unorganized and forced hyper growth. - Experienced and old employees are leaving the company constantly. As a result many people are new and/or nobody knows what should be done and/or are so overwhelmed that they cannot think on what's really important to keep the "molecular structure" of the company. - Awful on-boarding, many new comers are quite pissed off. - Inter-team communication is very hard as everyone is on an urgency. - Manager responsibilities somehow end up in the "leaves". - Bad planning of new features. Devs, QAs and POs are paying for all the bad management decisions. - Urgent priority changes over urgent existing priorities with very strange dead lines. I've seen testers, POs and PMs working non stop for months, even during the nights. - Salaries cannot keep up with other companies and the work-life balance is quite bad. - Overtime is not considered in your salary. HR will say that you can work less on a Friday if you work more during weekends, but, that is hard to achieve. - HR keeps talking about career paths but seems impossible with all the chaos. - Engineering managers don't seem to have the power of decision or expertise to really change anything.

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Bitpanda Response
4y
Hi (former) Panda, We really appreciate you taking the time to leave your thoughts about how you found life at Bitpanda. As a high-impact and fast-paced company in a highly competitive industry, in order to grow, we have to work hard to always be thinking big and moving fast! While this can bring about fast changes, we always make sure that they are done for the right reasons and have a positive impact. So while working at Bitpanda will often mean having to go beyond the typical corporate 9-to-5, we ask all current and potential Pandas to keep this in mind to ensure it's the right fit for them. However, we're incredibly proud of the amazing talent that we are not only able to attract to our den but also retain. Part of our ability to do this is not just the incredible personal growth opportunities we offer but also our revolutionary "flexibility-first" approach that allows every one of our Pandas to personalise the way they work to have the optimum work-life balance. Of course, as a company, we know there's always room for improvement. That's why we've recently kicked off our Bitpanda Employee Voice survey to ensure everyone here has the ability to speak up, talk straight and help us grow stronger and tackle any areas of weakness. Thanks for all your effort during your time in our den. We hope we've managed to address the points you've raised here, and we wish you nothing but success in your next adventures!
2.0
Aug 20, 2021

Incredible business, terrible employer

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-The company is a huge success and in a very cool space - crypto

Cons

-top down culture that runs thru a few of mostly unqualified leaders that show very little care for the well being of those under them -around the clock work - calls/emails/slack message at very late hours after 11pm and on weekends - this is the norm. -extraordinary stressful with very little support form leadership. its a culture of blaming the staff and not helping them. -zero career advancement possibilities or training. all managers come from the outside.

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Bitpanda Response
4y
Hello there, based on what you’ve shared, it sounds like your time with us wasn’t as positive as either of us would have liked, and for that we are sorry. We wanted to take the time to address some of your comments here. Our Pandas well-being is imperative and working around the clock is not what we promote at all. Boundaries must be respected and a healthy work-life balance implemented for everyone. Our Pandas are our most valued assets and Bitpanda wouldn’t be what it is without each and every one of you. We work in a scale-up environment and that means that things can move fast and change quickly but working overtime certainly isn’t the norm and should never come at the expense of our team-members' well-being. While we are scaling up and growing our business, leadership and communication are a point of attention. We are actively working on improving these areas by providing managers with training and improving our performance management processes. We do encourage self-steering in our work and we empower our Pandas to create their own path with guidance. Over the summer we conducted another round of our 360 feedback cycle and development conversations and this is the perfect opportunity for people to discuss their career goals directly with their manager. We are always open for having a respectful dialogue and would welcome any and all constructive feedback. If you’re up for it, please feel free to reach out to our HR team at peopleteam@bitpanda.com — we’re always here to chat! We wish you nothing but the best in your future endeavors! Thanks, Chiara
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Glassdoor has 275 Bitpanda reviews submitted anonymously by Bitpanda employees. Read employee reviews and ratings on Glassdoor to decide if Bitpanda is right for you.