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German digital bank N26 is facing outcry from its staff over management

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Re: German digital bank N26 is facing outcry from its staff over management

#41
post #7

At least here in NL the Works Council is mandatory _By law_ if you have more than 50 employees. I suppose the laws in Germany are similar. and I also suppose N26 has more than 50 employeees ;) A healthy organization should have one, in my opinion. Management being against it is an unhealthy sign. Just so you have some context. a Works Council has the following rights: Right to discuss: they will have a bi-yearly meet…

Regarding the last point, the Netherlands is very different from the US, especially at-will employment states. Once you give an employee a permanent contract, you cannot fire them except for a set of reasons defined by law. Most interestingly compared to US, if you need to lay off people you need to lay of your employees in order of most junior to most senior (seniority in terms of time they have been with the compan…

There is no difference regarding firing wether it is a permanent or temporary contract.

In particular circumstances, you have more security with a temporary contract.

Disclaimer : I am Dutch.

Re: German digital bank N26 is facing outcry from its staff over management

#42
post #25

Earlier quoted context omitted.

> Once you give an employee a permanent contract, you cannot fire them except for a set of reasons defined by law. Americans be like: "Shock! Awe! How would anyone ever hire an employee under such a requirement?!" (Meanwhile Netherlands unemployed rate is ~ 4.3%, and the US one at ~10 - and the latter with lots of under-reporting, e.g. people giving up looking for a job, and so on).

American salary: .... Dutch salary: .... American job market: .... Dutch or (even EU) job market: .... They are not comparable. In the Netherlands and Germany it feels like the only employees who make good money are management. Engineers are never going to be rich from working as engineers. The only way to make it is to break into management, and the odds are against you.

Very accurate. And even if you're making good money, you're paying significantly higher taxes, will usually not own a house etc.

Might still be worth it for the benefits, but it should be mentioned.

Re: German digital bank N26 is facing outcry from its staff over management

#43
post #25

Earlier quoted context omitted.

> Once you give an employee a permanent contract, you cannot fire them except for a set of reasons defined by law. Americans be like: "Shock! Awe! How would anyone ever hire an employee under such a requirement?!" (Meanwhile Netherlands unemployed rate is ~ 4.3%, and the US one at ~10 - and the latter with lots of under-reporting, e.g. people giving up looking for a job, and so on).

American salary: .... Dutch salary: .... American job market: .... Dutch or (even EU) job market: .... They are not comparable. In the Netherlands and Germany it feels like the only employees who make good money are management. Engineers are never going to be rich from working as engineers. The only way to make it is to break into management, and the odds are against you.

On the other hand non engineers in a company are likely to be better off.

Re: German digital bank N26 is facing outcry from its staff over management

#44

Overall pretty exaggerated. N26 is against a worker's council, but they are not preventing the employees to form one, and will accept their decision.

They tried pretty damn hard to prevent it, filing two injunctions and calling the police on the election meeting...

Re: German digital bank N26 is facing outcry from its staff over management

#45
post #25
post #7

Earlier quoted context omitted.

Regarding the last point, the Netherlands is very different from the US, especially at-will employment states. Once you give an employee a permanent contract, you cannot fire them except for a set of reasons defined by law. Most interestingly compared to US, if you need to lay off people you need to lay of your employees in order of most junior to most senior (seniority in terms of time they have been with the compan…

> Once you give an employee a permanent contract, you cannot fire them except for a set of reasons defined by law. Americans be like: "Shock! Awe! How would anyone ever hire an employee under such a requirement?!" (Meanwhile Netherlands unemployed rate is ~ 4.3%, and the US one at ~10 - and the latter with lots of under-reporting, e.g. people giving up looking for a job, and so on).

Well, in France similar laws exists and the unemployed rate is at 7% (but is likely below the actual rate, as you have to be actively looking for a job to be counted as unemployed)

Re: German digital bank N26 is facing outcry from its staff over management

#46
post #27
post #12

Earlier quoted context omitted.

Worker Councils seem to have broadly similar but slightly different rights and responsibilities in Germany. They are never mandatory, however employees do have the right to form one if there are at least five employees who are eligible to vote (18+) and if at least three of those can be elected (>6 months with the company, broadly speaking no one in an important management role). At least three employees have to take…

>That doesn’t really change that I’m currently still too scared to actually form one at the company I work for, even though I would very much like for it to exist. It still feels like painting a target on your back, even though Germany does not have at-will employment and you certainly cannot be fired or blocked or even just so much as reprimanded for wanting a form a Worker Council. If there's one good thing that's…

> I hope it's bringing more awareness to the fact that "Betriebsräte" are even a thing that exists

Isn't it common knowledge? 40% of employees work in companies with a worker council, it's pretty much the default for large enterprises.

I think it's pretty accurate regarding career effect. Worker Council members are generally much more union-involved, which employers obviously don't like too much. On the other hand: as long as you're a member of the worker council, you can essentially not get fired at all (short of being caught stealing or physically attacking people) so it's a stable career in itself, though rather like working for the government: you won't get to the highest heights, but you'll also not have to work too hard or fear for your job in an economic downturn.

Re: German digital bank N26 is facing outcry from its staff over management

#47

Anyone here from N26 who can comment on what it’s like working for them?

Yes, I am a Software Engineer working out of the Berlin office(now working from home). It's a shit show. The situation seems to be escalating. Wishing this was over one way or another. EDIT: sorry, I misread the question. As a software engineer I am comfortable--the work is interesting and engaging. I think it's mostly the customer support staff who are disgruntled

Thanks for clarifying. What is it they are so upset about?

Re: German digital bank N26 is facing outcry from its staff over management

#48
post #25

Earlier quoted context omitted.

> Once you give an employee a permanent contract, you cannot fire them except for a set of reasons defined by law. Americans be like: "Shock! Awe! How would anyone ever hire an employee under such a requirement?!" (Meanwhile Netherlands unemployed rate is ~ 4.3%, and the US one at ~10 - and the latter with lots of under-reporting, e.g. people giving up looking for a job, and so on).

American salary: .... Dutch salary: .... American job market: .... Dutch or (even EU) job market: .... They are not comparable. In the Netherlands and Germany it feels like the only employees who make good money are management. Engineers are never going to be rich from working as engineers. The only way to make it is to break into management, and the odds are against you.

Hm.

https://www.statista.com/statistics/424159/pay-gap-between-c...

Re: German digital bank N26 is facing outcry from its staff over management

#49

If a startup refuses a worker’s council this way and someone already tries to establish it, that’s a good sign to look for employment somewhere else.

I'd argue that a startup, by its very definition, should be allowed free rein and not be subjected to the same laws that apply to the BMWs and Mercedes Benz-es of Germany (and Europe) at large. The benefits of working at a startup are enormous (owing to the opportunity to win equity/shares). It's only fair that there's an equally sized risk to go with it.

Re: German digital bank N26 is facing outcry from its staff over management

#50

> N26 has filed another restraining order to prevent today's Electoral Board Selection for N26 GmbH, this time against the union ver.di. As such, IG Metall has stepped in to chair today's meeting. It will take place at the same venue, with the time delayed so people can make it. -- https://twitter.com/worker291/status/1294183659583369216 ver.di and IG Metall are Germanys two biggest unions.

My goodness, this is detrimental for their image ...
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