Bitpanda reviews about "communication"

Hypergrowth Communication of layoffs Salary (on a lower side of market)

I wish the benefits package was complete - there are still a few things missing from it.

Unexperienced management, no transparency and no communication.

poor decision making, lack of communication

Things move sometimes too fast Management communication is still a hit or a miss

Poor product - technical communication and middle level management

- 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.

As a an employee at Bitpanda, my experience has been a mix of initial enthusiasm followed by growing frustration. While the company markets itself as an innovative fintech leader, internally it struggles with several deep-rooted issues that directly affect employee well-being and long-term retention. Uncompetitive Salary: The compensation is significantly below market average, especially for the demanding nature of the work and the high expectations placed on employees. Raises and promotions are infrequent and lack transparency. Micromanagement Culture: Trust in employee autonomy is minimal. Managers often interfere with day-to-day tasks, leading to a sense of suffocation and lack of creative freedom. Constantly Changing Rules: Policies, processes, and even team structures change abruptly without proper communication or justification. This lack of consistency creates confusion, stress, and inefficiency. Unrealistic Deadlines: Tight timelines are the norm rather than the exception. The pressure to deliver fast often overrides quality, and there’s little regard for employee burnout. Low Morale and Motivation: Due to the reasons above, team spirit is low. Many employees operate in survival mode rather than feeling inspired or driven to contribute meaningfully.

- Lack of honest feedback - Contrary visions of C-levels - Zero diligence to KPIs setting and tracking - Almost every colleague is looking for another job - A common view that the company is hugely disappointing