Venmo reviews

3.6

57% would recommend to a friend

(157 total reviews)

51% positive business outlook

Venmo has an employee rating of 3.6 out of 5 stars, based on 157 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Venmo employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

157 reviews
1.0
May 16, 2018
Recommend
CEO approval
Business Outlook

Pros

- The teams on the ground are great, passionate and fun to work with. Morale is dwindling, but people want the product to succeed. - The product has been very fun to work on and the user base loves Venmo. - PayPal compensation is industry average, but the stability and perks are good.

Cons

- Management team is horrendous... dysfunctional, has no vision for the business, arrogant, and running it into the ground. While Venmo has had a number of bad heads of engineering, product, GMs, etc... the current regime is the absolute worst group of “leaders” this company has been exposed to. As long as they are leading the company, stay far far away. They are toxic. - A true lack of vision... PayPal wants Venmo to be PayPal 2.0. And there are 27 different opinions inside Venmo of what it should be. There is no alignment on where the business or product is headed, or criteria to determine which projects get prioritized. This lack of clarity and guidance causes an enormous amount of dysfunction. - Optimizing for PayPal’s quarterly earnings... Venmo is a growth business, but is managed like a publicly traded 20+ year old software company. Budgeting processes, business goals, project prioritization, everything is built to optimize PayPal’s quarterly earnings results. It has led to an incredibly reactionary type of management and churn, and has destroyed morale on the teams.

1.0
Jan 26, 2018

Toxic environment. STAY AWAY

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Successful app that a lot of people love - Good pay, unlimited vacation and flex work from home - "good" if you just want to bide your time and get a paycheck - A lot of cute perks like massages and candy drawers but what good is that if there's no positive culture?

Cons

- Terrible, tone-deaf management. Their approach is to pretend like everything's OK and lie. - A lot of middle managers float at the top doing nothing. No leadership whatsoever. - Not innovative. Expect to be stuck doing maintenance. Expect passion projects to be killed abruptly. Won't further your career. - They reward sheep that follow orders. Not for out-of-the-box thinkers. - Good luck with your career trajectory if you're a woman.

2.0
Mar 15, 2019

Growing Pains

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great benefits, though perks keep being quietly shuffled out over time. Interesting and challenging tech problems due to the rapid growth of the company. Amazing and smart people to work with.

Cons

Upper management has become increasingly heavy handed as the company's intense growth puts more burden on the bottom line. New leadership is much more interested in keeping the people above them happy then taking basic care of employees. Work-life balance has taken a huge downturn as company commitments take center stage. This means lots of decisions handed down from on-high and autonomy/input-power being taken away from the people actually building the product. Almost all senior roles and long-time employees have turned over within the past year. Leadership makes a big show of "listening" but hasn't show any actual response / change / action from what they're being told. Culture as a whole has taken a huge hit as the people who most actively worked to nurture the community got burnt out and left. Naturally things like diversity have taken a hit as there's less focus on making a welcoming, inclusive workplace, and things are increasingly siloed across teams.

Viewing 4 - 6 of 157 Reviews

Glassdoor has 202 Venmo reviews submitted anonymously by Venmo employees. Read employee reviews and ratings on Glassdoor to decide if Venmo is right for you.