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Why working for Revolut founder Nik Storonsky is a pleasure

Revolut's founder Nik Storonsky is known to be a demanding leader, and not everyone's cup of tea. There are some, however, that think he's great. They include Revolut's chief cheerleader, Michael Bodansky, head of global corporate communications, who recently appeared on a podcast explaining why the opportunity to work for Storonsky was what drew him to Revolut. 

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Bodansky said he has a habit of falling "in love with the character" of a company's founders, who he says are usually "creative geniuses." He says this applies equally to Storonsky and to Revolut's co-founder, CTO Vlad Yatsenko.

Bodansky's love for Storonsky goes beyond his titillating creativity. He said that Storonsky is a very "present" leader that would "join calls, review things, set the strategy [and] be on town halls." This creates a "real sense of culture and community … because it's coming from the top." 

Revolut's culture is driven by its core values, (which senior staff have previously critiqued) instilled by Storonsky. In case of confusion, Bodansky said they're "in neon branding on the wall and on all our stickers and logos." He said a slogan within its 'Dream Team' value is "ship, shipmates, self" which reflects the intense amount of work Revolut employees are expected to do and implies an ethos of self-sacrifice. Storonsky has previously said people at Revolut work "at least 12, 13 hours a day" and work on weekends. Evidently, putting yourself last at Revolut can extend to your work-life balance.

Revolut has avoided extreme friction with this culture through its rigorous hiring strategy. Bodansky says, "we spend a lot of time looking for the best people," and want "A-Players" as the industry begins settling for less. Because of this, Storonsky has an 85% approval rate on Glassdoor.

Bodansky notes Revolut has a "certain amount of turnover;" data suggests the median tenure at Revolut is just over a year 😬. He says, however, "we don't always want people to stay at Revolut forever." Many people at Revolut go on to great things, and Bodansky says Revolut is committed to "equipping the next generation of entrepreneurs." The best way to become a successful founder, it seems, is to work for one... if you can hack it.

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AUTHORAlex McMurray Editor
  • VP
    VP 2023
    27 February 2024

    This must be a sponsored propaganda article, how can you spin working 13 hours a day and staff retention of only 12 months as positive? Not as if they pay generously or offer decent bonuses to compensate.

    Revolut are rapidly developing an extremely poor reputation amongst the finance world - just ask any recruiter what they've heard in the market about Revolut and sit back...

  • Bi
    21 February 2024

    Is this Hugh Hendry by any chance?

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