Analyzing the workforce of Traderepublic vs Robinhood

Want to learn how workforce trends look different in European and American markets? Osterus has analyzed two major Neo brokers to provide the information you need…..

A Look At American Vs European Profiles & How One Has A Larger, More Experienced Talent Pool

Having previously looked at the impact of human capital at two major European investment firms, today’s analysis is focused on the workforces of two neobrokers in Traderepublic and Robinhood.

Traderepublic is a German-based company that launched in 2015 while Robinhood is an American firm founded in 2013, which makes them a fascinating pair for comparisons between the European and North American markets, especially when looking at human capital.

The first point of note is that Robinhood has a far greater workforce in terms of sheer numbers with the American company boasting a four-figure workforce compared to Traderepublic’s team of just a few hundred. It is an unsurprising number that accurately reflects the general contrast between European and American approaches to human assets.

Generally speaking, workers at Robinhood boast more experienced workers (average 10 years 4 months) than its German counterpart (average 8 years 8 months). Interestingly, there is a stark contrast when looking at the role of Software Development, where Traderepublic workers have been in the role for four months longer (5 years and 1 month).

Software Development roles are also where the American company employs more people (20.32% of its workforce) than any other. So, while there is a greater emphasis on this role, there is a reduced expectation of experience. Comparatively, Traderepublic has more workers (14.42%) in Customer Support roles. Below this, the main positions in both workforces include Engineering, Data Science, and Finance.

Both companies have a strong focus on hiring people in their respective HQs of Berlin and San Francisco, although there is an 82% dominance in Germany compared to 24% in San Francisco. However, Traderepublic is spread out over multiple countries compared to several cities across America at Robinhood.

The impacts of this are further evidenced by the companies that their workers have previously worked for. In the case of Traderepublic, Booking.com and Deutsche Bank are the two major companies that employees have been at.

Meanwhile, Robinhood’s staff are most likely to have been previously employed by Google and Apple. The fact that those American first are both tech giants is a noticeable feature that links in with the focus on Software Development.

The significance of gender is another area where differences between the American and German markets are clear. While a male dominance of Software Developers can be seen in both companies, it is just 75% male in Robinhood compared to 93.5% in the Traderepublic workforce. Of course, the US firm’s team is 10x larger (479 v 46). Conversely, the Customer Service team in Germany is 55% female whereas Robinhood’s is 70% male.

While the study of Traderepublic versus Robinhood only scratches the surface of human capital in America and Europe, some key highlights have been identified. They include;

● A greater emphasis on employee volume in the US.

● Greater experience levels in the US, except in Software Development where there are more workers but with reduced experience.

● A more even but domestic spread in America compared to a heavy emphasis on Berlin.

Here at Osterus, we believe that human capital helps define the way an organisation works and the above information is just the start. To learn more about human capital trends and workforce analytics, feel free to contact us today.

The information utilised to derive these employment statistics was from Osterus, a software program that analyzes hundreds of data points to create useful statistics regarding employment. Not only does this information help us understand what is truly going on behind closed doors for employees, but we can also use these statistics to determine if these are companies we would want to work at.

This is just the start of what software-based data programs, like Osterus, can provide us. In no time, we will be able to take this information a step further and decide what quality of life and living costs would be associated with these companies.

To learn more about Osterus or schedule a demo, reach out to contact us directly or on LinkedIn.