A culture that encourages brown-nosing Line and Functional Managers - Anonymous employee Revolut Employee Review

2.0
May 13, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

1. Globally recognised brand, leader in the neobank space 2. Great benefits, especially when it comes to leave days 3. Flexible work arrangements

Cons

1. If you offend your line/functional managers, you could suffer and receive an unfair grading during the quarterly performance review. This is made worse as there is no appeal process for you to defend your work. Since only line managers' and functional managers' gradings matter, this only encourages everyone to play nice and be "supportive" of their managers' every decision or pander to their egos. 2. Lack of autonomy at country-level means everything from budgets to hiring are dependent upon the graces of the global teams. Country CEOs are powerless and this in turn makes them afraid to speak up against decisions that don't make sense. 3. No accountability when it comes to certain individuals in the organisation, especially those close to the senior management. Everyone's KPIs and performances are monitored closely - to the point of micro-managing people's work and strategies. But nothing is said about their inability to meet their KPIs. 4. Focus on quarterly KPIs means that a lot of people - even the most brilliant ones - develop tunnel vision after spending some time at Revolut. So focused on quarterly KPIs that any plans or ideas that require longer time to yield results will be shot down.

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Revolut Response
4y
Hi, thank you for your feedback. We are sorry that you are dissatisfied with your experience at Revolut. We believe that our success at Revolut comes from our people and our culture. We are truthful about each other’s performance. The bar is very high, and we evaluate people carefully and deliver honest feedback respectfully, in a non-personal way and provide guidance on what needs to be done to get promoted next time. We believe that clear KPIs help ensure that we all understand our goals and how we'll get there but we know that they aren't the only indicator of your contribution, and these additional factors are a part of our performance reviews. We admire people who live our values and support their colleagues in getting stuff done. We aim to ensure that all performance reviews fairly reflect progress and are very open in discussing them with employees. We wish you all the best, Ryan Jun Hyung Park People Partner Singapore

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