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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

#31
post #12

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…

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…

It is painting a target, as you said. at least with many employers. also being part of a works council can massively hinder your career, even if officially there are protections in place against such things.

but being a works council member myself I can assure you that even the best employers can have very subtle ways. Works council members from different companies talk and some stories are outright scary.

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

#32
> 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.

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

#33
post #24
post #13

Earlier quoted context omitted.

That's fascinating. I can see both the positives of it and the downsides. I recently (around two years ago) worked for a startup which grew too quickly and made some really bad hiring decisions which left them with a lot of loud, disgruntled employees - these works council right's would've crippled the company instead of just setting it back a few years. On the other side I've worked for a larger financial services c…

In short: if you have bad people in your organisation and they can make decisions, that might be bad for the organisation. So hire good people.

Very true! A real difficult task for startups when they try to hire too quickly.

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

#34
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).

> the latter with lots of under-reporting, e.g. people giving up looking for a job, and so on

Is that not the case in NL?

At least here in Germany, the government uses a lot of tricks to make the number smaller (we call it "Schönrechnen", calculating in a way to make a number look better)

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

#35
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).

> Meanwhile Netherlands unemployed rate is ~ 4.3%, and the US one at ~10

To be fair this is not a very good comparison due to the European focus on job retention schemes vs the American focus on expanded unemployment insurance and stimulus cheques during the pandemic.

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

#36
post #17

Earlier quoted context omitted.

That's beyond stupid. It's fintech. Always on the brink of being regulated to death, a highly sensitive area. They need every inch of goodwill from politics and the public they can get. Fighting against worker unionization is already highly unpopular in Germany and will cost them a bunch of customers, and will cause them to lose political favor. Now adding ver.di (one of the strongest unions) to their enemies, what a…

https://twitter.com/worker291/status/1294210928234373120?s=2... . > UPDATE: Someone has called the police to check the safety measures of the meeting. They found no issue and have left the premises.

If N26 did that it backfired. If someone of the council did that, smart move. Further proof that the meeting was properly done.

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

#37
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).

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.

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

#38

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

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

#39

The alternative to the Works Council should have a representation of employees who are not only based in Germany, but also all other countries, including Brazil and the United States I find it hard to believe these councils don’t have the ability to account for international employees, is this a specifically “outside the EU” issue since the examples given are in the Americas, and not any of the neighboring countries…

Actually they could include non German employees in their works agreements. But none the less these binding agreements are, as far as I am aware, only binding for German work contracts. So even if these protections were written down, that wouldn't protect the international colleagues.as long as they are not employed in a German legal entity. Our works council for example isn't able to represent our Czech colleagues.

German law doesn't require equal rights for employees in foreign offices, but doesn't forbid it either. N26 can just create a binding company policy ("Betriebsvereinbarung") extending German-equivalent rights to foreign offices' workers. There are some slight complications regarding voting quora (you still need to obey majorities in Germany separately if the foreigners don't agree), but those are rare.

Source: My employer has something like this.

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

#40
post #12

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…

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.

Active Betriebsrat here. Do it if you have a couple of like minded co-workers. If you need any assistance contact the nearest union - verdi should be the best guess if you're in tech.

Best of luck!

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