Elinvar Reviews

3.1

51% would recommend to a friend

(44 total reviews)
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Chris Bartz

63% approve of CEO

53% positive business outlook

Elinvar has an employee rating of 3.1 out of 5 stars, based on 44 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Elinvar employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

44 reviews
1.0
20 July 2019
Recommend
CEO approval
Business outlook

Pros

- Relocation from third world countries - Good location - You will be successful if you are not doing anything and just talking about how good you are - average salary (you just need to pass the interview)

Cons

- Overall plan looks like operate somehow for few years and sell the company - No transparency, no honesty, no appreciation - Nobody will invest in your grow, refer to 1st point - Total lack of expertise in team, refer to 1st point - Forget about work life balance, it's just work since sunshine till sunset, refer to 1st point - Read contracts they give you carefully, you will never receive shares, refer to 1st point - Office is overcrowded and of course no AC, of course they will tell you that they care about environment, but you still have to come to office when it's 30 inside

1.0
23 Mar 2021
Recommend
CEO approval
Business outlook

Pros

- Career growth opportunities - Team events - Good response to COVID-19 - Some employees are very talented

Cons

- Management is incompetent and unable to cope with the challenges of FinTech - Management is not willing to understand the technical challenges of their teams and will often give unrealistic deadlines without possibility of retracting them - Micromanagement - Management encourages aggressive behaviours for making your career - Some technical people are under-qualified for their role, arrogant and unfriendly. Some of these are given higher responsibilities than they can handle, resulting in confusion, awful project planning and huge work load on the teams - For some reason, company seems to hire mostly the aforementioned type of people. Recruiting is not good in my opinion - Communication is very bad and you have to struggle to be heard and communicate your ideas - The culture that the company wants to promote (not letting anyone down, open to new ideas) is a big lie as most of the employees are usually very mean and ready to humiliate and shout at you in front of everyone for the sake of their own 'credibility'. There is A LOT of bullying and a lot of hypocrisy on presenting respect their core values - Great responsibilities for an average pay - You are asked to work overtime almost all days without obviously any bonus payment - Product managers and team leads pretend to have higher knowledge than they have when they are completely oblivious of the product - People are laid off without clear explanations, especially members who have been there for long - It seems that the company prefers employing and laying off all the time instead of investing on the talented ones - Awful HR: much closer to higher management than the rest of the 90% of the employees. Very unfriendly - CEO and CTO aren't going to provide you any feedback or listen to employees - With the excuse of being a 'growing start-up' you will be deprived of work-life balance from day 1 - Your social skills will be more important than your competence to grow - As in many Berlin startups, what they mean with 'diversity' is just non-german but still white European people - No real benefits unless some free food (before lockdown was there) which is not a real benefit

2.0
14 Jan 2022
Recommend
CEO approval
Business outlook

Pros

- Free snacks - Handful of nice people - Opportunity to propose technology changes

Cons

- Salary below average - No compensation package (no stock options, no bonus) - No more free beer - Noisy office - No long term vision about the company - Communication across teams get worse day-to-day - Company doesn't care about turnover - Too many handcrafted (and faulty) solutions for well know industry problems - Soft architecture is fragile, so wait for endless discussions about which team should fix architectural issues

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Elinvar Response
4y
Dear Colleague, Thanks for your open words and constructive feedback, much respected. We share your genuine dedication for our company and the team, and it is our goal to be an employer where people can deliver to a shared vision, develop their skills and career, and have a good life on top. Not only because a happy and healthy team is a productive team, but also because we believe in respecting, empowering, and including our people. Please let us add some aspects to your comments. #1, since we started working mostly remote with the onset of the Covid-19 pandemic, it has been a learning journey for all of us to develop from that happy, buzzing startup office feeling. To protect our people, we’ve switched to remote first for almost a year, then doubled our office space in Berlin, introduced a booking system for limited office utilisation; and introduced a new hybrid working model for ‘after Corona’. You probably agree that it is all going well, but still can be challenging sometimes to achieve the same level of alignment and togetherness. But we’re improving, thanks to everyone’s commitment. And true, the beer has vanished from our office fridges, as we thought this to be a considerate and mature move for a growing company with a diverse team. Teams still got their budgets for some afterwork fun and beers regularly, though. #2, we’ve won some very interesting customers lately. Delivering these projects will substantially push our platform and products, industry visibility, and ultimately our whole growth story. On our way to change Wealth Management for good! To keep everybody’s workload on a sane level, we've decided to rely not only on hiring, as we like to continue applying maximum care to finding the best matches for our team. Currently a small number of hand-selected contractors are supporting us (temporary projects, but long-standing relationships). Thanks again, and take care, Ulrike
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Glassdoor has 52 Elinvar reviews submitted anonymously by Elinvar employees. Read employee reviews and ratings on Glassdoor to decide if Elinvar is right for you.