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      Bondora

      Engaged employer

      Bondora Reviews

      3.9

      70% would recommend to a friend

      (79 total reviews)
      avatar

      Pärtel Tomberg

      87% approve of CEO

      74% positive business outlook

      Bondora has an employee rating of 3.9 out of 5 stars, based on 79 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bondora employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

      Reviews by job title

      79 reviews
      3.0
      17 Jan 2024

      Good pay and qualified team, but no consistency in management decisions and strategy

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      - Competitive salary. - Team members are professional and great people. - Super flexible conditions (remote / working hours), the idea is to get the work done, not to spend some hours at work. - Additional perks for free lunch, health insurance coverage, shares. - No micromanaging, challenging tasks. - Trustworthy environment.

      Cons

      - No consistency: -in team: people are getting hired and then fired after less than 1 year in the company (for various reasons: change of boss / change of company strategy). In the end the team is always fresh and in the learning curve, almost no one to pass the knowledge and develop the ideas. -in strategy: which is supposed to be fixed for a term of 3-5 years, in Bondora changes each year, where the company starts again and again from some “zero”. This so far ends in failing any goals that are being set. - Culture of fear: the firings happen unpredictably, no previous discussions / warnings / no any feedback provided prior to the firing event. This leads to the team being demotivated and the less loyal. - No internal growth within the company: for unknown reason the company decision is to hire bosses from the outside instead of promoting the internal people and developing them. The explanation is always - “not enough capabilities” and instead of helping the employees developing those capabilities, discussing and following the development plan for the employees, the higher roles are always coming from the outside. - Cut of perks with a “military style” of communication: instead of explaining the reasons behind the more rational approach in the perks given to employees, People team manifests it as we are in the army.

      avatar
      Bondora Response
      11mo
      Hi, There’s a lot to unpack here, and while some of it reflects a time before I stepped into my current role, I still appreciate you for laying it out so thoroughly. You’ve highlighted some legitimate tensions: lack of strategic follow-through, shifting leadership, underdeveloped internal mobility, and abrupt communication around changes. We’ve been working on these internally, too. We set a clearer 2025-2029 strategy, with Pärtel (our CEO) running feedback rounds and strategy sessions to align the team around it. We’ve defined a clear annual company goal (performing portfolio, now for the second year in a row) with aligned business goals feeding into it. We’ve improved goal visibility through HiBob, worked with team leads to upskill leadership skills, and, more pragmatically, started building career paths and role expectation matrices to give our internal talent more clarity and perspective. Are these things enough? Definitely not. But it’s a start. And then there’s communication - a beast of its own. No matter how much energy we put into it, misalignment finds its way in. Feedback like yours is a form of communication, and by sharing it, you help us keep improving it. I’m not claiming it’s all fixed. But there’s now a stronger and more consistent commitment to long-term vision, transparency, and structure than there may have been before. Thank you for being part of the team and helping us grow through this transition pain. — Olga Kikas, Chief People
      3.0
      10 Nov 2023

      Solid Pay and Work-Life Balance, Overshadowed by HR’s Intimidation Tactics and Managerial Overcrowding

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Free lunch, good salary, life-work balance better than most companies, many great colleagues.

      Cons

      HR started to impose some kind of terror among employees. They are firing people without warnings and sometimes without any feedback at all or even with positive performance reviews so far , for them it doesn’t matter. Already many examples have been made and this is not healthy at all for anyone who still works here. Managers are hired on top of managers and there is no real career development.

      avatar
      Bondora Response
      11mo
      Hi, What a tough read, but I appreciate the honesty. I wasn’t in my current role when these experiences occurred, so I won’t pretend to explain or justify every decision that was made. But I do want to acknowledge the feeling behind your feedback, especially the fear and unpredictability you describe. That’s not what a People team should stand for. And that’s not what our People team stands for. Still, if this is the sentiment, we can’t fight it with words; we must shift it with actions. We’ve since worked to bring more structure, consistency, and clarity into how we lead performance, feedback, and transitions. I also know that both perception and culture take time to change, and it starts with trust. That’s something we’re continuously building step by step. Thank you for staying candid and holding on to trust in the possibility of change. — Olga Kikas, Chief People
      1.0
      22 Sept 2025

      Only putting down 1-star because of the pro's

      Manager
      Recommend
      CEO approval
      Business outlook

      Pros

      Indeed, the pros are there - the salary level is above the market rate, back when I was employed they aimed at upper percentiles of the market, which was nice. The free lunch is something of a added bonus. Also some yearly hobby grants could be addressed here. To put it mildly, you wouldn't be financially stressed working at Bondora, but that will be the one thing that you wouldn't be stressed, in total.

      Cons

      This has been addressed in many other reviews here in Glassdoor - but the management is overly micromanaging, you could expect C-suite giving individual contributors straight up tasks, the previous HR was running a military styled bootcamp and was having a powertrip of some sorts. Amongst themselves (c-suite) they can't stick to one change to carry out for a period of time, but constantly changing scopes/ideas/internal processes, etc. Within a the span of the year development organisation went from utilising Spotify's development team setup, to modified agile, to some Bondoras version of agile, to cross functional teams, and in the meantime put engineers who didn't understand the sub-par explanations to PIP. CEO himself is kinda all-over-the-place and acts like the company is his to do whatever he wants - not saying it would be the case, but when acting with investors money, it's not the best. People from across the company were going on sick leaves due to burnout, yes you could say that this is what high paced, high pressure environments do - but there is no psychological safety in this company. It is quite clear from how the marketing dept. and HR dept. have run empty of people, other teams are following the same steps.

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      Glassdoor has 86 Bondora reviews submitted anonymously by Bondora employees. Read employee reviews and ratings on Glassdoor to decide if Bondora is right for you.