Binance reviews

- Little to no vertical mobility. - "promotions" are given without pay increases, increasing workload - Unpaid overtime, which is expected of you every day. You will be expected to work nights, weekends and will not get compensated for such - Manipulative HR practices. They will bully you and manipulate you if you do not agree with them and tell you that you aren't being a team player, or that you are acting aggressively towards them and then will refuse to discuss the issues raised - The CEOs leadership has gone heavily downhill, and he now only seeks after employees who will only ever say 'yes'. Binance initially was about challenging ideas, but now it's about obedience. - Company culture is toxic and there are too many politics. - Unethical business practices, happy to put employees at risk to save themselves. - Horrible compensation policies. They will continuously reduce bonuses but never increase salaries beyond ~3%/year (adjusting for inflation). - Told managers that they would get fired if they did not get their teams to accept a new ETOP policy which resulted in employees having to forfeit significant amounts of money, or risk losing their jobs and risk getting their manager fired. - Any reward or incentive will be revoked if there is 'too much upside', Binance's goal is to make sure employees are forever financially hungry, so they will never out-grow the company. However, all of the top contributors were financially free and contributed for passion rather than income, as a result, the top contributors quite often quit due to being disrespected by the company - Binance will lock an employees Binance Exchange account if you do not agree with the leadership, even though they have no legal right to, they also like to play make-believe and confiscate employee funds if there is significant conflict. If you ever plan to take legal action against Binance, or ever speak to a lawyer, your account will be held hostage. - Used to hold townhalls frequently until the questions asked by the employees got more and more negative as the companies practices got more and more toxic. Now townhalls don't happen. - "Competitive Salary" = Below market salary. Most industry players offer much higher salaries.

The only worthy moment was the casual chats with CZ to understand his vision for the crypto industry and Binance. Apart from this, the rest of work environment is simply toxic. Some reasons: 1. The whole org is expanding too fast. CZ believes in decentralisation in work and it creates opportunists who take advantage of others' work or passing blame when things went wrong. HR team is incapable and the team hierarchy/structure do not promote any fair system to fully investigate most incidents. Results: Bad blood stays on, proliferate and continue to leech on new blood that onboard into Binance. 2. Plenty of incapable and toxic so-called young and promising leaders (just because they joined Binance at the early years thus trusted by the top). These are the people who would rotate to different teams and functions every quarter, arm with their incapabilities, only to find themselves staying afloat by doing the bare minimum and "talk" their way out. Result: Bad leaders stays, good team members lost faith and quit. 3. Toxic work cultures. They would sold the idea that people who work in Binance are "passionate", would be willing to clock in so many hours willingly. Due to peer pressure, most would conformed "or succumbed" to this and do the same, else risked your performance. Result: People burnt out or jeopardized their mental health, I've seen so many people quitting due to this and the HR or company do not simply care. 4. Self-proclaimed "innovative" and "user focused". But these values are determined top-down, the one on top and "louder" gets to say on what is innovative and what is user focused, not by the real facts. Result: Putting on a good show but the product experience improves very slowly. 5. People are rewarded for being unethical and smart (that's how you survived in an unregulated and unstructured work environment), or incapable and lucky (so you get trusted by your boss because you posed no threat to them). Result: I'm still seeing my incapable boss appearing in many of Binance events alongside ahem ** LOL). Last note: If you are adventurous and thrive in unstructured work environment, passionate about crypto, enjoying non-worklife balance, "ruthlessly" smart - then this might be an ideal place for you.