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
2.0
Apr 27, 2022
Recommend
CEO approval
Business Outlook

Pros

Good benefits, flexible time off, and remote work

Cons

The tl;dr - - Cultural nosedive - Little-to-no career growth - No trust in senior management --- When I first started at Venmo, it truly felt like the dream job. The work was engaging, the culture was friendly, everyone seemed happy to be there every day. In the two years since then, I have witnessed the most severe cultural decline in my career. Work/life balance has taken an enormous hit. There is a constant feeling of tension between teams. The pay never grows with your career experience, and promotions are nearly impossible to secure. I have witnessed the atmosphere at Venmo grind down my most positive teammates into bitter pessimists. Much of this is due to the PayPal acquisition, and the process of being absorbed into that environment. Early concerns risen around this were shrugged off by senior management - "There is no Venmo, we are all One Team". This response (and the resulting fallout in the following years) is a fairly accurate representation of senior management and their reputation as a whole. Unchecked attrition in 2022 is putting the company into an even more severe situation - this unprecedented loss of valuable talent and knowledge is going to have negative effects on the company and product for the indeterminate future. PayPal has been completely incapable of taking any actions to curtail this exodus.

3.0
May 16, 2018
Recommend
CEO approval
Business Outlook

Pros

Passionate, interesting, creative people working there in support as reps and as leads. Learned a lot from my lead. When I started I came from an unrelated field with no tech experience. Very modern and creative office with a cool vibe. A lot of benefits in the Chicago office - reimbursement of CTA, free lunch/breakfast daily, free kombucha, coffee, cold brew, fully stocked bar with beers on tap, fun office environment (a lot of times we played beer pong or flip cup on Fridays). Company parties and holiday parties are always at a great place. Pay is generous for the starting roles - significantly more than you'd be paid at any other entry level support role.

Cons

Upper management in the support office in Chicago...period. Little to no support provided to support reps and middle management - yet high expectations. There was such a large gap between the support reps and leads and upper management that it made working there unbearable. Things were always changing but never properly communicated, which created confusion and chaos. Each of the high level managers at Venmo has demonstrated glaring red flags for why they don't belong in people management. None of them are particularly skilled with managing people. Employees are afraid to speak up because upper management can be vindictive or respond to serious concerns with dismissal or vague and empty claims to address the issue. The issues are almost never addressed the way they should be, until the entire company speaks up and demands change (which did happen at one point). Upper management demands very specific numbers and results from support leads, but hilariously enough, they don't know much about the product themselves. As an example, when each of these managers were asked to do a "day of phones" or a "day of emails" for fun, they sat by all of the support reps. We watched them do our job. One manager wasn't sure how to take notes after a phone call and save them, or how to add a tag to categorize the call - they had to ask a rep. The irony was this same manager was insisting the support reps summarize and take notes after a phone call in 1.5 minutes or less. They were also demanding 10 calls per hour, yet not one of the managers was able to produce that while acting as a customer support rep. To me, if you're in a management position, you should know the product and processes like the back of your hand. If you are demanding specific results from your team, you should be able to deliver those same results. I do want to note that there is a very high level manager above the upper managers who is a wonderful, sincere and professional person. No one ever had a bad word to say (that I ever heard) and they are respected in the office. Unfortunately, they were not as directly involved in Venmo's day to day and we were directed to go to the managers who worked on our side.

1.0
Dec 13, 2022

Avoid At All Costs

Recommend
CEO approval
Business Outlook

Pros

Used to have amazing benefits and culture. You will learn everything related to fintech if you work here. Remote work is nice.

Cons

They do not care. The only thing they remotely care about is making sure the CEO's pockets are well-lined. PayPal and Venmo are some of the worst managed companies I have ever worked for. Leadership treats the company like a child treats a Tamagotchi and get just as confused when it dies it front of them. They slashed benefits every year, rewarded the lowest performers on every team, kept all departments in the dark about each other's goals, and lied to the employee's faces multiple times about layoffs. Unprofessional doesn't even begin to cover it. PayPal and its affiliates talk a big game about Diversity and Inclusion, but it's all lip service. Every time a person of color left the company they'd publish an open letter about how badly they were treated or how little they were paid compared to caucasian employees. These allegations were never addressed by management. Management will never acknowledge ANYTHING, be it suspicious business practices that make the news, how much loss the company experiences, whether your position is on the line or not, or how they pay everyone well below industry standards. Honestly, being treated as just a number would have been better than how we were actually treated.

Viewing 10 - 12 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.