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Great tools and smart colleagues, but poor pay progression

Senior Software Engineer
Current Employee
Has worked at Monzo for 2 years
June 14, 2026
London, England
2.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

There is great developer tooling and lots of smart employees.

Cons

Poor compensation and progression, and the transition of CEOs looks like it will make this worse. Beware that it's very likely that you're not going to see any pay increases unless you're in the top percentile in your band, and even then meeting the progression framework is no guarantee. Avoid if you expect career progression.

Advice to Management

Compensate your existing employees as you would a new hire.

Additional Ratings

Work/Life Balance
3.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
4.0
Career Opportunities
1.0
Compensation and Benefits
2.0
Senior Management
2.0

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