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Klarna

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Klarna

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Employee Review

  1. 3.0
    Former Employee, more than 3 years

    Potential to be an amazing company

    Apr 13, 2022 - Anonymous Employee in Columbus, OH
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great colleagues. Very fun culture. Exciting, unique, and challenging work. Ability to own your work. Competitive PTO, health benefits, and parental leave. Ability to travel to Europe. Remote work. Snacks in the office.

    Cons

    Low salary that does not stay with market. Very high turn over & lack of tenure - its hard to find anyone who has been there over 3 years mainly because salaries do not keep up with growth and the amount of work you're expected to handle. Promotions in title (aka take on more responsibility) but no compensation/pay increase. Lack of mentoring & career development aid. No path for advancement/moving up, (except taking on more responsibilities). No work/life balance - expected to always be available, even on PTO (but when Europe shuts down for the summer, they will not respond).

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    5 people found this review helpful
  1. 5.0
    Current Employee, less than 1 year

    Great place to work!

    Sep 14, 2022 - Anonymous Employee in Columbus, OH
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Klarna moves quickly and if you have a good idea you are able to move forward with it, which allows you a unique opportunity to showcase your skills and move up in your career more easily than at other workplaces. I have great work/life balance. Klarna is very inclusive and really celebrates success well.

    Cons

    Because Klarna moves so quickly, it can be difficult to stay on top of what is new within your workstream.

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  2. 3.0
    Current Employee, more than 1 year

    Good, not great

    Jul 19, 2022 - Creative in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    • Great work life balance • Get to work with a group of super talented/smart people • Full-time WFH. Office is not mandatory, but is available if you like going in • Fun brand to work on with lots of creative opportunity • Benefits are good. PTO is pretty generous. Starting time off is 20 days, and you can get up to 35 I think.

    Cons

    • If you're in the US, there is an expectation to flex your working hours to the European teams, which often means early calls. And during the summers when the Swedish office is on holiday, US is expected to pick up the slack. • BNPL is a newer industry, and, after the mass layoffs, feels somewhat uncertain for the future success of the business. • Constant change. Within the span of 6 months, your team, your KPIs, and the org structure could change multiple times. It's difficult to wrap your mind around it, and when you finally do, there are more big changes. • The more flat structure at Klarna is not ideal for upward growth • Promotion process is bad. You have to apply for your promotion, and try to convince people that don't know you why you deserve a promotion or raise (beyond the yearly inflation raise). Something like 25% that apply will get what they applied for. • Not very diverse. Being a Swedish company, it is overwhelmingly white. Much of the senior leadership is male, in some cases with no female domain leads or accountable group leads.

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    7 people found this review helpful

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