Revolut reviews

4.0

76% would recommend to a friend

(5,337 total reviews)
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Nikolay Storonsky

90% approve of CEO

77% positive business outlook

Revolut has an employee rating of 4.0 out of 5 stars, based on 5,337 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Revolut employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

5K reviews
1.0
Jun 7, 2020
Recommend
CEO approval
Business Outlook

Pros

Cereals, fruits, variants of milks, soft drinks, are always available in the kitchen. Free dinner and taxi for the evening shift. You are mostly surrounded by nice colleagues, but still there are a few people who think that they are perfect and look down on other people. Fast recruitment process. IT team is very responsive, appreciate the great work.

Cons

Fear-driven environment Unrealistic target. If you want to work like a human being, not a robot, the target is quite unachievable. If you ask the person who set the target to do the exact same thing as the Support Agents should do, for sure they cannot handle it. No time to be up to date. For example, when you have days off for two days in a week, you miss a lot of information, when you get back to work, you must be ready for all the changes and news. So they are expecting you to be updated even if it’s taking your free/leisure/unpaid time to read it. Please keep in mind that the CS Specialist is the lowest position, with the lowest salary, and still they expect people to spend extra time for them. Chaotic, messy internal information/procedure. When there is a product launch/issue, quite often no one knows what is really happening. Even their knowledge base is quite confusing/messy, not all information is covered. They don’t care if you go the extra mile to investigate the cases thoroughly. Again, most of the time they do not have a procedure settled for something, so you need to create a totally brand new procedure, but it requires a big effort and time. Another thing is when a case is quite complicated, it is taking your time, you want to do your best to solve it, but you are also stressed out cause then you will not meet your target. They don’t care about the quality of your work, they’d rather appreciate careless employees as long as the numbers are high. If you are a diligent person who takes things into consideration, you want to give the best of your work, then avoid this company, they don’t deserve your effort. Regarding the way they treat the daily target, basically their logic is like this: Let’s make a tree-climbing competition. The participants would be a monkey and a dolphin. When the dolphin loses, they said to him/her: Well… Monkey could win, so why are you not able to win? We have done a fair competition here. Team Leaders are not leaders. They are just calculating your performance.weekly. They don’t know how to manage people, they are there to press the staff. Also, their work is not transparent to everybody so no one knows what they exactly do. Most of them don’t even know the product, yet you must consult with them for some decisions, no wonder when you ask them to take a decision, they are mostly scared to take action. Of course, not all of them are bad, but there are only a few good Team Leaders. They always think about money and profit so they want you to be an expert on anything. It is expensive to hire an expert or specialist in its field. There is a topic where they expect you to know everything about that in one hour. Yes you are given the time to read for maximum one hour, and you are already the “specialist” for it. While if you go to finance major in university, it probably could take one semester the minimum, They don’t want to give you more time for it. But again, why pay more when you could pay less. Time is money. They fired you without warning. And in the meeting they just deactivated your Slack account so you cannot contact anyone else in the company, they gave a limited time to choose which option of the contract. No time to consult with a lawyer, it is a total bully, someone should not be pressed like that, in fact they should have time to think. Remind me of Orwell’s 1984.

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Revolut Response
6y
Thank you for your honest review, we appreciate you taking the time. We do set ambitious targets and KPIs which we believe to be realistic based on previous achievement. We will definitely pass on your feedback to the teams that you found these to be unrealistic, as the quality of work should never suffer as a result. We are still a relatively new company and we are constantly working to improve our systems and processes. Our learning and development team are also always looking into ways that we can grow our management skills. When our people take time off, we do ask them to get back up to speed upon their return to the office, and we don’t think this is an unreasonable ask. Lastly, our performance management systems aim to support our employees in achieving their best at work and offer training and guidance. In some cases, employees may leave the business if they are not making progress in their role and we aim for this to be as painless an experience as possible. In every case we followed the local labour law requirements. Where someone leaves for performance reasons in some cases they prefer not to have that on their employment record as the reason for exit so in these cases we can offer a mutual separation agreement that does not include performance as a reason for exit. But that is of course a choice. We’re really sorry that you look back negatively on your time with Revolut, and really wish you the very best for your next step.
2.0
May 18, 2020

Could be great, but...

Recommend
CEO approval
Business Outlook

Pros

-Nice benefits/perks. -Easy to move between teams/departments. -Flat hierarchy. -Great coworkers... that you are not able to know. -You learn a lot. -Things change in a matter of hours or days. This is good and bad. -Great product. -Dynamic environment.

Cons

-It's just another corporation with a nice disguise, and it's a business-first one, you feel like you are doing outsourcing, you are just a number. -You go to the office knowing that any day can be your last day, they even boast during the onboarding process of firing entire teams. -As everything turns around the KPIs it's not an easy thing to get to know your co-workers, there is no time for that. -Managers and team leaders with zero experience and no idea about managing people. -There are no personal development plans or career paths. -Shifts and working on weekends because there is not enough space for the employees in the office. -The procedures get outdated from one day to another -are split into different places- and if you have doubts there is no SMEs, is your problem to figure out the right thing -no one can guarantee that the solution you get from your team leader/manager is the correct one... and that's your problem, not his/her-. -Disorganized place. Amateur behavior. -No feedback, good or bad, because the team leaders/managers don't care as long as the KPIs are met.

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Revolut Response
6y
Thank you for your feedback, we appreciate you taking the time to let us know about your experience. We value each and every one of our Revoluters, and we do work hard to try to make sure our people feel valued and connected to each other, we are really sorry to hear that you haven’t felt this way. In our onboarding day, we do emphasise the importance of setting KPIs early on, to ensure that everyone has a clear purpose right from the outset. We explain our performance review process which includes informal and formal check ins on performance. We’re working to support our managers with our Management and Leadership Guild and our Learning and Development team is creating programmes to ensure that we’re getting the best out of our management at all times. We do appreciate that our fincrime teams have been working very hard and putting in extra efforts to deal with demand, and we hope that some of the benefits and learning opportunities you mentioned compensate for this. We will pass your specific feedback on to the appropriate leadership. As a relatively young, fast growing company, we aim to build management teams who can establish good processes and people management to support our development and our people. We would urge you to speak to a member of management about your concerns and please know also that this feedback will be passed on.
2.0
Apr 29, 2020

poor management

Recommend
CEO approval
Business Outlook

Pros

good product, great colleagues, free fruits

Cons

Some 'management' people without proper training - bossing around. Wrongly calculated targets, really hard to achieve. Lack of procedures, employees were confused whether they did the job correctly or not. Some good employees with previous experience in banking industry were quitting after seeing such a big mess inside the company. Unfair treatment and poor bonuses. The management don't see a person, see a number instead.

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Revolut Response
6y
Thank you for taking the time to let us know about your experience at Revolut. We appreciate your honesty. We've been working on providing more support for our managers, including creating a Leadership and Management Guild, and building targeted training courses led by our Management and Leadership Development Manager. At the moment, we're going through an internal restructuring which will address many of the concerns you have highlighted, including introducing Functions that will ensure greater cohesion across the board. We have worked hard to build a collaborative and nurturing environment where we enable people to be autonomous and learn from one another, but learn fast. We appreciate that this may not be the environment for everyone, but we want to help every Revoluter thrive.
Viewing 178 - 180 of 5,337 Reviews

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