Engineers stay away from this company. Terrible management, horrible culture - Engineering Manager Happen Bank Employee Review

1.0
6 Nov 2019
Recommend
CEO approval
Business outlook

Pros

Pay is kind of ok if you look away from the declining stock price Located in downtown SF

Cons

Management is bad. I mean REALLY BAD. Third tier talent that got the job because the first and second tier declined the offers. Culture is toxic. You are being managed by fear. Stuck with a super outdated platform. Zero aspiration to innovate. the banking types that came in to ruin this once hot company are mostly focused on profit extraction. Mostly focus is on cost cutting and outsourcing. Horrendous drain of talent - feels like an exodus. Every day some really talented engineers and product people are leaving.

Explore other reviews about Happen Bank

5.0
31 May 2026
Recommend
CEO approval
Business outlook

Pros

nice office and learned a lot

Cons

did not get to work too cross functionally

2.0
8 May 2026
Recommend
CEO approval
Business outlook

Pros

Decent starting pay and some good teammates. The company is highly profitable and continues to grow. Opportunities to take on new responsibilities and expand your scope. Equity awards.

Cons

Over the course of several years, I have been given additional responsibilities multiple times without more compensation despite the company’s strong financial performance. While I’m happy to contribute, the pattern of increasing responsibility without recognition is a major demotivator, even to your most diligent employees. It's tiresome. It doesn't take much effort to make strong contributors feel seen and valued, and it's such a missed opportunity not to. The company frequently talks about culture and values, but there is infighting and rivalries between teams and individuals. That energy creates drama instead of collaboration and leads to repetitious mistakes. Good people — especially top performers — eventually leave because they can.

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