Deutsche Bank

  www.deutsche-bank.de
  www.deutsche-bank.de

Deutsche Bank Reviews

Updated October 21, 2014
Updated October 21, 2014
1,228 Reviews
3.2
1,228 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
315 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 109 reviews)

  • Change is the only constant - a highly dynamic work environment (in 69 reviews)


Cons
  • No work life balance; morale could go down at times (in 45 reviews)

  • a culture of long hours where they aren't required (in 61 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Constantly changing structures ensures nothing actually gets finished

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

    I worked at Deutsche Bank full-time (more than 3 years)

    Pros

    Good, competitive pay and great benefits. Decent career progression if you work hard and actively seek it. Given a lot of responsibility and autonomy from day one.

    Cons

    Management structures change seemingly daily with no real purpose, clarity, focus, or ultimate goal laid out before the changes are made. As such the work seems aimless and the intentions of the reorgs are 'retro-fitted' to meet personal agendas.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    All in all it's not too bad, but could be a lot better.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Jacksonville, FL
    Current Employee - Senior Analyst in Jacksonville, FL

    I have been working at Deutsche Bank full-time (more than 5 years)

    Pros

    Work/Family balance is the best. Most of the people I work with are great.

    Cons

    Promotions are slim. constant Performance reviews are 100% crap and useless. Managers change so often how can I get a legit review from my manager when it's change 3 times in a year,

    Advice to ManagementAdvice

    Need to promote more within. Stop restricting currently employees from seeking other positions. Management greatly stifles and frowns on trying to go to another position.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    some good, some bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Production Support Manager in London, England (UK)
    Former Employee - Production Support Manager in London, England (UK)

    I worked at Deutsche Bank full-time (more than 10 years)

    Pros

    A reasonable place to work with some great people.

    Cons

    Management. There are far too many people at director level and above. What they need to do is cull the majority and actually get in some people who can do the work and improve things. Project costs spiral out of control because of the management overheads and management interference.

    Advice to ManagementAdvice

    Walk away. Do your bit and then let others get on with the work.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank full-time

    Pros

    Has a good work-life balance

    Cons

    DB gives very low salary package.

    Recommends
  6.  

    Great place to work but long hours

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trader in San Francisco, CA
    Current Employee - Trader in San Francisco, CA

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

    Pros

    Great time off policies friendly work atmosphere some travelling benefits which is also a plus. Salary also good with some opportunities for over time.

    Cons

    Sometimes necessary to work unsociable hours I.e start at 5 or 6am and finish at 5 which means you have an 8pm sleep time!

    Recommends
    Neutral Outlook
  7.  

    Great company to advance your skills

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager in Jersey City, NJ
    Current Employee - Project Manager in Jersey City, NJ

    I have been working at Deutsche Bank as a contractor (more than an year)

    Pros

    Great company to work at. Worked as a consultant in IT for a year. Pay was in line with market standards. This company is very into their human capital and is committed to career advancement and retaining talent. Direct management very aware of potential challenges within the bank and are quick to focus on avoiding disruption.

    Cons

    This large organization is constantly changing. This often shifts priorities of management and changes objectives to where it is difficult to maintain progress on current projects.

    Advice to ManagementAdvice

    Create consistency in management without reorganizing every few months.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Process Analyst

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

    I worked at Deutsche Bank as a contractor (less than an year)

    Pros

    Projects on-going for several Departments, very process oriented culture. Some of the project groups are good.

    Cons

    Senior Management is only interested in cost cutting. Onboarding was a mess and extremely disorganized. Less leading the way in IT strategy and more following / catching up to the heard.

    Advice to ManagementAdvice

    Invest in your people and allow them to have a better work/life balance. It's the small things that people like and will keep them happy and more productive in long haul.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Deutsche Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Bangalore (India)
    Current Employee - Assistant Vice President in Bangalore (India)

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

    Pros

    Challenging environment to work. So you build up nerve for unorganised environment.

    Cons

    1. Systems are not in good shape. There are a lot of systems to learn before u learn process.
    2. Application are out of date. DB is still using SSR.
    3. Extra pressure on people managers as there are no team leaders. Managers r expected to do TL plus Manager job.
    4. Lot of politics.
    5. Performance evaluation is not transparent.
    6. Human resources department is not efficient at all.
    7. IT dept doesn't know what to do with most of the applications plus they work at a snail's speed to resolve any iT issues.
    8. Getting application for my staff was big headache. It used to take 2 to 3 months for an employee to get full access to required applications. Massive pain area.

    Advice to ManagementAdvice

    It became circus when I was there. Estalished a team then they expected huge amount of cross training then they wanted staff saves then location move. All at once with no time to breath.
    Technological updates are required. People should be focusing on process improvement rather than technology problems.
    Need to make HR and IT dept efficient to help ur people work.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    Company embraces worklife balance if your job allows.

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

    I have been working at Deutsche Bank full-time (more than 5 years)

    Pros

    Managers flexibile on the working hours
    friendly people

    Cons

    cost cutting every year
    no increments for years
    poor bonus

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Shambolic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY

    I worked at Deutsche Bank full-time (more than 3 years)

    Pros

    In the US they give great benefits, a lot of vacation time and good health insurance.

    Cons

    The place is shambolic. It is constantly re-organising, nothing can get done. There is a lot of internal politics. Any staff you have in big cities are likely to get relocated, which can be good if you are looking for a change of lifestyle and enjoy North Carolina.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

Work at Deutsche Bank? Share Your Experiences

Deutsche Bank

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.