Kraken
Kraken Compensation & Benefits
This page summarizes recurring themes identified from responses generated by popular LLMs to common candidate questions about Kraken and has not been reviewed or approved by Kraken.
How are the compensation & benefits at Kraken?
Strengths in healthcare coverage, flexible and generous time off, and accessible equity are accompanied by concerns about compensation fairness, slower pay progression, and uneven benefit access by location. Together, these dynamics suggest a package that can feel attractive overall yet yields mixed satisfaction that varies notably by role, geography, and expectations.
Key Insight for Candidates
Defining tradeoff: Kraken prioritizes flexible/unlimited leave, remote‑first work, and wellness—with equity tied to Octopus Energy Group—over top‑of‑market cash. The package looks generous, but cash competitiveness and refreshers feel middling. Best fit if you value flexibility and ownership more than maximum salary.Evidence in Action
- Equity Option Scheme — The Equity Option Scheme grants employees options in the Octopus Energy Group. This embeds ownership alignment and long‑term upside into total compensation, strengthening retention and engagement across teams.
- Flexible Leave Policy — The Flexible Leave policy includes 20 days PTO and 8 paid sick days in the US, with holiday days not counted in the UK and Germany. Employees plan rest without quota anxiety, improving work–life balance and reducing burnout while maintaining output.
Positive Themes About Kraken
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Leave & Time Off Breadth: Flexible working and policies such as flexible or unlimited leave alongside defined PTO and sick time are emphasized. This breadth allows time off to be tailored across regions.
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Healthcare Strength: Core coverage includes medical, dental, and vision in the US with company-paid life and AD&D, plus broad mental health and wellness supports. These provisions indicate robust health protection supplemented by wellbeing resources.
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Equity Value & Accessibility: An equity option scheme and stock options make ownership accessible, with some roles also able to take a portion of pay in digital assets. This expands potential long-term value beyond base salary.
Considerations About Kraken
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Unfair & Opaque Compensation: Pay is described as low in some roles and major markets, and premium rates for weekends or holidays are reportedly absent in at least one case. Compensation issues such as delayed payment corrections further erode perceived fairness.
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Stagnant Pay & Limited Progression: Feedback suggests raises can be weak and promotion processes lengthy. Limited stock refreshers contribute to slower compensation growth over time.
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Exclusive or Unequal Benefits Coverage: Benefit offerings and allowances differ by region and role. This variability creates uneven access to certain perks and support.
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