Octopus FAQ

All answers shown come directly from Octopus Reviews and are not edited or altered.

17 English questions out of 17

30 July 2019

Does Octopus offer parental leave?

Pros

A company which has values and really cares about the people it employs and the customers it serves. It's place where you can really develop your career and make it what you want it to be.

Cons

General benefits are really good, particularly maternity leave. Salaries could be improved in some of the functions such as OPs, HR and IT.

General benefits are really good, particularly maternity leave.

30 July 2019

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25 August 2020

How are senior leaders perceived at Octopus?

Pros

Great young company culture, interesting and exciting work, excellent leadership from senior management especially throughout COVID. Hours are not unmanageable.

Cons

Pay is probably below competing firms, but hours/pressure probably are as well.

Advice to Management

Keep up the transparent flow of feedback and information with employees.

Great young company culture, interesting and exciting work, excellent leadership from senior management especially throughout COVID.

25 August 2020

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29 January 2019

What are some insights into the strategy or vision at Octopus?

Pros

Cool, fun culture Lots of smart people Great social events Opportunity for personal development and career progression Ambitious growth Nice office

Cons

Cliquey work environment - lots of gossip Toxic middle-management Ambitious growth into new product lines makes it feel like the company has no clear direction Work/life balance can sometimes suffer

Advice to Management

Hire new middle managers, put more focus on team collaboration, promote people based on merit rather than brown-nosers

Ambitious growth into new product lines makes it feel like the company has no clear direction

29 January 2019

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2 January 2020

How are the career development opportunities at Octopus?

Pros

Office, people, decent benefits and progression and internal career opportunities

Cons

Relentless work environment, male dominated at senior level, high stress amongst employees

Office, people, decent benefits and progression and internal career opportunities

2 January 2020

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8 February 2019

Does there seem to be diversity at Octopus?

Pros

Some great, likeminded people working there. Good social programmes

Cons

Poor middle management, many of whom lack basic people skills let alone leadership quality. Numbers driven and uninspirational. Toxic gossip environment, reminded me of a school playground full of adolescent teenagers. I personally witnessed a culture of victimisation and bullying, forcing a number of highly talented people to leave the company. The company is full of politics, getting the right people on your side by any means whether it's lying or shamelessly brown nosing is key to progression. A number of high profile senior leaders brought into the company, only to leave 6-9 months later with litter to no explanation. A real concern. Very little racial diversity. Desperately trying to be a Fintech company and failing, most of the tech within large part of the organisation is backward and not fit for purpose. Work life balance non existent, it's frowned upon if you leave on time.

Advice to Management

You need a series overhaul of middle management. Talk to those in the trenches do not rely on your internal feedback systems, they've become toxic. Spend more time sat within your teams, get a deep understanding of sentiment and culture.

Very little racial diversity.

8 February 2019

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17 English questions out of 17