Overrated political chaos - Anonymous employee Revolut Employee Review

2.0
Jan 29, 2021
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Product is good - Many vacation days _ Looks good on your CV

Cons

- Everything is political and not performance based, which is very scary for such a young company - very toxic work culture! - Managers are very inexperienced when it comes to managing people - most of them learn to manage by fear, a thing which is transparently encouraged by Storonsky himself. - Chaos when it comes to synchronising departments - you often have to give up on your personal life just because you dont find out about new tasks in due time. - The only performance reviews that are taken into consideration are done by your line manager, who can be very biased. Even if you hit or even exceed your KPIs, you can get a very bad performance review that can put you in trouble. As crazy as it sounds, yes, you can exceed your KPIs and still be considered an underperformer after your performance review (therefore no bonus, no promotion, no raise). Also, they evaluate you based on the so-called company values, a set of mottos that leave a lot of place for subjectivity. - The take advantage of the 4 reviews/year to get rid of people. They do not announce exits accordingly - one day you just notice that some peoples Slack account has been deactivated. - HR is practically non-existent, they are unable to solve any problems at work, have no internal code of conduct in place, no rules, nothing. - A culture of professional bullies, tolerated and encouraged by high management. - Be careful with Peakon: apparently, they try to measure your well-being at work through these surveys. In reality, everything you say there will be turned against you and you will be considered a bad match for the company. Also, they do not take into consideration employees feedback given through Peakon in order to change things for the better. - They do not know local legislation for some countries and do a lot of illegal stuff - everything you have read about it in the media is true. - Salary below the market average and no other benefits except for a free Metal subscription (no health insurance, no yearly bonus, nothing else). - Role titles do not reflect your experience - in solid companies, you would need much more experience to have such a job title. Here, everybody is a manager/senior manager etc. - I could go on for another hour, but I guess you caught my drift. If you are at the beginning of your career and need a good (yet overrated, in this case) name on your CV, go for it. Otherwise, you will just get extremely frustrated. And dont forget - everything former or current employees say in the media about the work culture is true!

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Revolut Response
5y
Hello, and thank you for sharing your experience. We take all reviews seriously. Revolut's fast-paced, challenging work culture refects our youth and ambition. It's an exciting place to be with a rate of experience and achievement in which many people thrive. We never want that ambition to be at the expense of our people. We share bold ambitions but also a culture where we try to support our colleagues to be successful. We believe that clear KPIs help ensure that we are all clear about our goals and how we'll get there. We recognise too that KPIs aren't the only indicator of your contribution. We admire people who live our values and support their colleagues in getting stuff done. Revolut does not tolerate bullying at any level. If you believe that you observed or experienced bullying we hope that you raised it with HR or the Global People team where it would have been immediately investigated. We try hard to maintain a friendly, professional environment where our people can do their best work. As not everyone feels comfortable speaking out, we have several anonymous feedback tools to help identify any issues and make Revolut a great place to work. We recently surveyed all employees about how they wanted to work as some of the world begins to recover from the pandemic and adopted a flexible working policy across the company in response to their feedback. Revolut aims to offer competitive pay and conditions everywhere it operates. In addition to free Metal Card subscriptions and a good number of vacation days, we provide health insurance and other benefits. We wish you well in your next role.

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