Attractive Benefits... But at What Cost? - Program Manager Stripe Employee Review

2.0
27 Sept 2024
Recommend
CEO approval
Business outlook

Pros

- Overall compensation and benefit package is a stand-out among other fintechs - Challenging work that pushes you to think outside of the norm - Presents itself in a flashy and attractive way that makes every day feel exciting. You really do feel like you are working on and contributing to the best thing on the market - It truly is a fun place to work when you look past the cons

Cons

- Work life balance does not exist... and it's almost like they're proud of it. One of the people who interviewed me told me to make sure that I strictly enforced my start and end times. I wish I had taken that warning more seriously - No care and support for employees. HR is non-existent, and leadership is out for their own personal interests. Any manager who shows a single sign of caring for their direct reports seems to be pushed out. If you're lucky, your manager will get replaced... if you're not lucky, you'll just get passed around (Stripe seems to be very against filling open positions and more interested in cutting roles) - Unbelievable employee turnover - Lackluster management - Confusing organizational structure that defies the limits of common sense - Teams often left understaffed, resulting in underperformance - and the blame is then placed on individual employees as opposed to leadership taking responsibility - Having worked in fintech for years, I was appalled at the lack of functionality, structure and process. Every day it seemed like we were doing something that was a violation... all for the sake of revenue. Stripe needs to find a better balance between supporting customers and doing things the right way - If you are not your manager's favorite, they will find ways to push you out no matter what value you bring to the organization - Virtually no opportunities for career advancement. While joining Stripe seemed like an exciting opportunity, it actually set me back in my skill set and career advancement - Employees do not collaborate well. Everything is a competition - yet you are evaluated based on your "collaboration" - The indoctrination is real

Explore other reviews about Stripe

5.0
16 Jun 2026
Recommend
CEO approval
Business outlook

Pros

-Excellent Benefits -Breakfast and lunch everyday -Supportive Management -Great Pay

Cons

-Complex Product Suite -Quick ramp up

4.0
4 Jun 2021
Recommend
CEO approval
Business outlook

Pros

The work is very high impact and there are lots of opportunities to learn if you're not already familiar with the fintech space. Most of the big projects I've been on so far have been fun to work on. There are also a lot of talented, kind, and helpful engineers at Stripe who are really nice to learn from. I really enjoy my manager and the folks on my team. The money + bonuses are ~ok~. Pretty standard for a pre-IPO unicorn, but the goal is that there will be a big pay off later (fingers crossed).

Cons

- The work life balance is *bad*. For how many products Stripe has, we are a very lean company. Too lean. There's just a lot of work, and very very tight deadlines, very fast paced, and not enough engineers and product managers to do all of it. If you want WLB as an engineer, join an infrastructure team, not a product team. - There is little to no investment in making the engineering org more diverse. This was surprising to me because of a lot of public facing company statements, but don't be fooled like I was. People (at least in the eng org) do not care about diversity. - HR sucks. And of course they would, I guess. But I had a really negative experience with HR where I walked away feeling completely devalued and gaslit. - Dev environments kinda suck and make the work a lot slower than it should be.

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