Bitpanda reviews about "manager"

-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.

Lack of strategy, incompetent managers especially C level.

Not the most skilled people, not all managers are competent

Mid June they said that they are not firing people and just 1 week later about 600 (37%) of all employees got fired.

I was managing my manager most of the time, he was very unorganised and sucking up to his manager. Beware of which management you get because it’s a hit or miss. Sometimes management is amazing and very supportive! But get ready to be quite independent and learn fast (>1 week).

- Some politics in other departments - Sometimes it takes a while to get responses from other departments as a low level employee (but your managers are always willing to step in immediately if you so need)

- 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.

The offer that I accepted was slightly adjusted before the official start date. While this had no impact on the salary, it had a big impact on the other side of the benefits package. I understand the need for the changes, just that the timing might not have been the greatest.