Commerzbank

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Commerzbank Reviews in Germany

Updated May 11, 2014
Commerzbank – Prague – “Developer Room”

All Employees Current Employees Only

3.2 17 reviews

38% Approve of the CEO

Commerzbank Chairman Managing Directors Board Martin Blessing

Martin Blessing

(8 ratings)

55% of employees recommend this company to a friend

Review Highlights

Pros
  • Good work/life balance, with opportunities to contribute(in 17 reviews)

  • easy pace, nice people to work with(in 4 reviews)


Cons
  • Hierarchical structure, long decision making path(in 3 reviews)

  • There is no room to advance to other groups in order to learn new skills(in 3 reviews)

17 Employee Reviews Back to all reviews
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    Internship at Commerzbank

    Intern (Former Employee) Frankfurt am Main (Germany)

    ProsFriendly people. Exposure to global banking topics but the culture of a local savings bank. Internal promotions appear to happen frequently and can get you quite far, while work-life balance is reasonable for finance.

    ConsBureaucracy can be cumbersome. The ship sinking is bad for morale - since the government bailout hiring has been frozen and you notice the effect on the quality of the people.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    It's OK for the experience

    Intern (Former Employee) Frankfurt am Main (Germany)

    Prosbig name, know that a bank should NOT be

    Conslow performers, politics, bureaucracy and lack of respect.

    Advice to Senior Managementattract the young talents!

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good work-life balance but not for ambitious people

    Anonymous Employee (Current Employee)

    Prosnice colleagues, short hours, relaxed environment

    Consabsense of motivation, complex of inferiority,

    – I'm optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    In transition

    Business Strategy (Former Employee) Frankfurt am Main (Germany)

    ProsGood work life balance
    Good training possibilities for younger staff (you have to ask)
    Acceptable market position in Germany when it comes to corporate customers

    ConsA rather German workplace when in comes to business efforts etc
    Very hierarchical
    Not a very innovative player
    Slow decision maker
    Glass ceiling for young professionals
    Amount of employees doesn't follow shrinking strategy

    Advice to Senior ManagementReduce workforce
    Develop motivating strategy
    Look for talent

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Was ok

    Anonymous Employee (Current Employee)

    Prosgood management and nice team spirit

    Consbonuses could have been higher.
    very conservative attitude towards the employees caused by high hierarchy barriers

    Yes, I would recommend this company to a friend

     

    slow pace but nice people

    Anonymous Employee (Current Employee)

    Proseasy pace, nice people to work with. Good place to learn from people if you are working on the right team with the right people.

    Consvery political, all of the real decision making is made out of the Frankfurt office. Hard to progress upwards unless you are coming out of Frankfurt and decision making is extremely slow.

    Advice to Senior Managementstart putting the right people in mid and upper management. Listen to the people who are working in the mid levels, there is alot of talent on the floor that are not being heard out!

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    The bank is in trouble but there are opportunities to make an impact.

    Vice President (Former Employee) Frankfurt am Main (Germany)

    ProsLots of restructuring creates opportunities for younger employees.
    The graduate program in Corporates and Markets is pretty good.

    ConsThe bank lacks a convincing strategy and employees have lost faith in their management. this has taken its toll on the work culture that used to be very positive.

    Advice to Senior ManagementBe more radical. You're at a point where you need to change the way you're doing things.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    sd

    Intern Center of Competence Renewable Energies (Former Employee) Hamburg (Germany)

    ProsCommited employees, well-known company, chance to create a big network

    Consuncertain business outlook, no global significance

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Review Commerzbank

    Abteilungsleiter (Current Employee) Stadt Frankfurt (Germany)

    Proseffort/Ideas to Support Turnaround will be respected

    ConsCompany in Turnaround Phase - good workload but no Bonus/salary increases

    Advice to Senior Managementdue to ongoing restructuring efforts and Downsizing not very safe for new hires

    No, I would not recommend this company to a friend

     

    A good learning experience

    Intern (Current Employee) Munich (Germany)

    ProsI was made to feel welcome and everyone was eager to help me learn as much as possible which provided me with a great experience

    ConsDowntime. When there was nothing to do, I had no choice but to twiddle my thumbs and wait for one of my bosses to become available

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