Commerzbank
2.9 of 5 82 reviews
www.commerzbank.com Frankfurt, Germany 5000+ Employees

Commerzbank Reviews

Updated Jul 9, 2014
Commerzbank – Prague – “Developer Room”

All Employees Current Employees Only

2.9 82 reviews

                             

35% Approve of the CEO

Commerzbank Chairman Managing Directors Board Martin Blessing

Martin Blessing

(37 ratings)

48% of employees recommend this company to a friend
82 Employee Reviews
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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
  • Show more review highlights

Reviews

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

     

    Good Organization

    AVP- RM (Former Employee)
    New York, NY

    Pros- Senior Managements willingness to listen.
    - Excellent work/life balance.
    - Good communication/coordination to address client needs.

    Cons- Unaggressive in core competencies/capabilities with clients. Though there is a definite lack of product depth, being more pro-active with its core capabilities would greatly benefit the bank and its clients.

    Advice to Senior Management- Create a viable US market stradegy and stick with it for more three years.

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    Nice people to work with but total control exerted by the head office and folks from the head office.

    Anonymous Employee (Former Employee)
    New York, NY

    ProsGood benefits including vacation and medical. Good for people who wants a stable and low paying job with less pressure.

    ConsCut costs and not even offer paper cups to visitors, low pay, no state of the art technology, no possibility of growth, zero telecommute tolerance even when governments declare emergency and a very hard CEO who cares only about his bonus by saving every penny instead of advancing and taking a positive approach to life.

    Advice to Senior ManagementBefore the management shift happened around 2009, the place was wonderful to work with under a great management team. New management criticizes the old and the policy of increasing revenue by cutting every penny instead of taking a positive approach to growth kills the employee morale and no body gains anything.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
    • Work/Life Balance
           
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    • Career Opportunities
           

     

    Is a good place to work depending upon what team you're part of...

    Anonymous Employee (Current Employee)

    ProsBenefits are great as compared to other companies i've worked

    ConsThere is no room to advance to other groups in order to learn new skills...

    Advice to Senior ManagementIf you want to keep the talent you have in order to better the company it would help increasing salaries or bonuses to reflect the person's work. People can only take so much. Reward loyalty instead of taking advantage...

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

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    • Culture & Values
           
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    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    Pleasant environment

    Administrator (Former Employee)
    New York, NY

    Prosfriendly staff makes it easy to come to work and room for growth

    Consdated technology vs. competitors / may take years to be promoted in some areas

    Advice to Senior Managementpromote good employees

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    1 person found this helpful  

    Stay as far away as possible

    Human Resources Specialist (Former Employee)
    New York, NY

    Pros- Very little, decent benefits and random employee discounts
    - I was able to get a nice severance package
    - Pre -merger this review would have been different

    Cons- Read the news about this place and it's only a matter of time before they shut down the North America operation.
    - Very corrupt and unintelligent management.
    - No work from home.
    - Working with other departments is a hassle
    - If you don't have an english or german accent you will get nowhere

    Advice to Senior Management- Don't lie to auditors.
    - You are allowed to accept ideas from other people
    - Don't justify no bonuses when you authorized $400 million to the city of Detroit.

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

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    • Culture & Values
           
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    • No Opinion of CEO

     

    Good work life balance

    Anonymous Employee (Former Employee)

    ProsGood work life balance. Smart strategy to develop international business through cross border referrals. Great cross-border, cross-functional communication.

    ConsSlow career development. Slow growth rate in Europe.

    Advice to Senior ManagementMore training and career development.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    1 person found this helpful  

    Good luck

    (Former Employee)
    New York, NY

    Pros- Much more vacation time than most companies

    Cons-Post merger senior management looks down on almost all employees. Very arrogant. The idea of telecommute baffles them.
    - Dress code down to material of clothing
    - If you don't have an accent you will not get far
    - Employee morale is low. Everyone looking over their shoulder either expecting to get fired or severance.
    - Limited growth

    Advice to Senior ManagementStop micromanaging skilled managers with pointless $300k+ 'director' positions. Managers are afraid to think for themselves because of this. I've never seen a company go so downhill from a merger. Treat employees like human beings not business objects.

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

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    • Culture & Values
           
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    • Disapproves of CEO

     

    No leadership

    Anonymous Employee (Current Employee)
    New York, NY

    ProsPlease let me know if there any

    ConsManagement decision , no proper communication when it comes to projects

    Advice to Senior ManagementBuild revenue, stop laying off people who makes avg. 40-50k and stop hiring more upper management that makes 200k and up

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

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    • Culture & Values
           
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    • Approves of CEO

     

    Modern young company

    Anonymous Employee (Current Employee)

    ProsModern professional work environment with many benefits.

    ConsI cannot think of any negative facts.

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    • No Opinion of CEO

     

    good benefits no carrer advancement

    Assistant Vice President (Former Employee)
    New York, NY

    Prosgood benefits, good people, good hours

    ConsStressful, no management support, no direction

    Advice to Senior ManagementValue people - best asset

    Yes, I would recommend this company to a friend

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