EBRD

  www.ebrd.com
  www.ebrd.com

EBRD Reviews

Updated August 10, 2014
Updated August 10, 2014
41 Reviews
3.2
41 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
EBRD President Suma Chakrabarti
Suma Chakrabarti
9 Ratings

18 Employee Reviews Back to all reviews

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  1.  

    Fast, fun paced and rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Secretary
    Former Employee - Secretary

    I worked at EBRD full-time

    Pros

    Great benefits with 2 weeks vacation available immediately upon hiring. Company parties and retreats.

    Cons

    Resident offices are a little disconnected from London

    Recommends
    Positive Outlook
  2. 2 people found this helpful  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing Analyst in London, England (UK)
    Current Employee - Marketing Analyst in London, England (UK)

    I have been working at EBRD full-time (less than an year)

    Pros

    - nice and friendly staff (colleagues)
    - great benefits
    - each member of staff has 2 days off per month
    - no people turnover

    Cons

    - people hold their positions for years preventing new enthusiastic people come to the Bank and move it forward

    Recommends
    Neutral Outlook
    Disapproves of CEO
  3.  

    Executive Secretary to Director

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at EBRD as a contractor (more than an year)

    Pros

    Good working environment and opportunities to grow and learn. You can learn a lot about the Bank and how it helps their 36 countries of operation.

    Cons

    A very low turnover of support staff and consquently not enough roles

    Recommends
    Approves of CEO
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  5. 2 people found this helpful  

    Good standards

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at EBRD as a contractor

    Pros

    It is a nice place to work

    Cons

    There is some politics in the environment

    Recommends
    Negative Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Very rewarding experience with good opportunities to influence emerging markets and sectors

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Banker in London, England (UK)
    Current Employee - Senior Banker in London, England (UK)

    I have been working at EBRD full-time (more than 10 years)

    Pros

    Very reputable international financial institution offering excellent opportunities for well rounded professional growth in a truly multicultural environment. It has challenging objectives and operates in private sector environment. It could be considered as a safe harbor in the time of crisis by someone, but it is due to its counter cyclical nature. Very good and supportive professional culture. No one would stub you in the back.

    Cons

    Growing bureaucracy. Institution is becoming very rigid due to ever growing number of restrictive policies imposed by its shareholders (public governments). Starting from certain level "glass ceiling" exists for career progression for the nationals from the countries of operations. While compensation itself is not that bad it is highly influenced by the shareholders' governments and is lagging behind the market for similar type of institutions. In other words the institution has private sector objectives and set of skills, but public sector pay.

    Advice to ManagementAdvice

    Senior management needs to fight to chance certain policies which have become obsolete and slowing down the institution. The Bank also needs fresh blood at the senior management level below the level of the President and Vice Presidents.

    Recommends
    Neutral Outlook
  7.  

    Good place to work, very international.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at EBRD

    Pros

    Interesting people working at all levels.

    Cons

    Career progression can be hard in times of low turn-over.

  8.  

    Good

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at EBRD

    Pros

    A good working international environment

    Cons

    Not too much staff turnover

  9.  

    Peaceful, at times boring, at times stressful due to the attitude of the management.

    Current Employee - Senior Portfolio Officer in Moscow (Russia)
    Current Employee - Senior Portfolio Officer in Moscow (Russia)

    I have been working at EBRD full-time (more than 10 years)

    Pros

    Great people; friendly environment, though largerly depending on the team.

    Cons

    Career opportunities and working atmosphere greately varies from team to team.

  10. 2 people found this helpful  

    Noble goals with lacking organisation overweight on lazy monopolists of power

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal Banker in Moscow (Russia)
    Current Employee - Principal Banker in Moscow (Russia)

    I have been working at EBRD full-time (more than an year)

    Pros

    Ability to work on interesting deals in interesting markets

    Cons

    Dealing not with burecracy (its not worse than anywhere else), but with unaccountable bureaucrats

    Advice to ManagementAdvice

    Resign

    Recommends
    Positive Outlook
  11. 1 person found this helpful  

    Very good experience, but glass ceilings exist for non-EU nationals.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Moscow (Russia)
    Current Employee - Manager in Moscow (Russia)

    I have been working at EBRD full-time (more than 3 years)

    Pros

    high quality professional on ther team, many committed to the cause (market economy transition mandate), very good-tempered, if not all.

    Cons

    Very difficult to get promiotions. Internally promoted candidates get a much lower salary increase as comnpared to externally-hired candidates, so best option for a promotion is to leave and then come back after some years for a higher position.
    32% of the base salary I listed can only be cashed-out in the following manner: 8% of the salary - after first 3 years of work, 24% - after retirement or termination of employment. So changing jobs withing 3 years kills 32% of the salary.

    Advice to ManagementAdvice

    The bank needs fresh blood and curretnly quick a number of of old staffers hold senior-level postions where they have already reached the apex of their incompetence, which is why they do not get promoted further, but still stifle competition from the outside and inside and below.

    Recommends
    Positive Outlook

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