Rest and Vest Central - Senior Member of Technical Staff Software Engineer PayPal Employee Review

1.0
May 2, 2022
Recommend
CEO approval
Business Outlook

Pros

- Benefits are actually pretty good for US employees - Slow enough pace that the influx of former government employees aren't overwhelmed

Cons

- Your starting pay locks in how much money you are going to make. There are no cost of living raises and promotions are only 6-10%. Safe to assume anyone hired more than 6 months after you at the same pay has a higher base. - Technology stack is a mixture of ancient, kinda ancient and irrelevant. Most of it is running on in-house designed and built platforms that have to be cycled out every 2 years as the devs who built them leave. - Posturing, politics and presentation skills are the pathway to success in technology, not technical capability. - Between lunch & learns, tech experience talks, affinity groups, employee connection programs and the regular meeting load you can get paid for talking and sitting on meetings for half the week

Explore other reviews about PayPal

5.0
May 7, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good work life balance. Lot of opportunities to learn

Cons

Company is in transition mode

2.0
Apr 13, 2026
Recommend
CEO approval
Business Outlook

Pros

PayPal has a lot of potential. It has two very strong brands in PayPal and Venmo with significant awareness and user bases that other companies envy. There are pockets of teams that are really pushing the envelop to reimagine what PayPal and Venmo could be—especially the Venmo team—and to move with speed given the company must stay focused and not waste time with Apple Pay, Shop Pay, and so many other competitors nipping at PayPal's heels and aggressively taking market share.

Cons

While some teams are pushing to self-disrupt and are moving fast, too many teams—and I'd argue the majority of the company–are living off of PayPal's laurels from the late 2010s through the pandemic. The culture and mindset have to change for the company to remain competitive. Otherwise, they are the Titanic and they're sinking slowly. The former CEO who only last 2 years tried diversifying the company's revenue, planning for the future. But the board and its former chairman (now new CEO) felt he wasn't moving fast enough to stabilize and marketshare. Instead, the board hired the former chairman who made computers and printers at HP—another sinking ship—to lead the oldest fintech company. The loss of confidence in the leadership team and the strategy are only accelerating.

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