Deutsche Bank

www.deutsche-bank.de
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There are newer employer reviews for Deutsche Bank

2 people found this helpful  

Trade Support Middle Office

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

I worked at Deutsche Bank

Pros

- Advancement is based on meritocracy.
- Benefits are among the best of it's competitors.
- Compensation is based on performance. High performers are paid well. Low performers are not.

Cons

- The internal HR recruiting is not great which makes moving between different groups at DB dependent on individuals but this has improved over the past couple of years
- Promotions can be very political as committees comprised of senior managers outside of evaluatee's organization are part of the process

Advice to ManagementAdvice

- Better internal HR website to make openings within the bank more transparent and to promote movement internally
- Make 360 feedback (staff rate their managers) mandatory. The most common reason people leave their position is because of their manager

Recommends
Approves of CEO

1411 Other Employee Reviews for Deutsche Bank (View Most Recent)

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  1.  

    great for the pay, not so good environment

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

    I worked at Deutsche Bank

    Pros

    the pay is great
    sometimes the prestige of the name is a good thing, although personally that doesn't give me any satisfaction

    Cons

    they have been restructuring some business lines and there is very poor communication from senior management to employees about the changes and how they will be affected.

    people are generally unfriendly and scheming to do anything they could to advance themselves. i guess this is a given for ibanking

    Advice to ManagementAdvice

    communicate, communicate and communicate! employees want to know what's going on at the top, especially when it will affect their work content and colleagues.

    Doesn't Recommend
    No opinion of CEO
  2. 1 person found this helpful  

    a okay investment bank to work in

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Deutsche Bank

    Pros

    more conservative than American banks, so less likely it will go bankrupt.
    Management is solid,
    benefit is ok as well

    Cons

    pay is not top, but is ok considering it's a European bank,
    very very hard to move inside the bank, i.e. change functions
    culture is not very exciting, hey, it's German

    Advice to ManagementAdvice

    Be more aggressive in terms of expanding business and finding opportunities, also be aggressive of retaining best talents, make certain restrictions loose, so that people can be freed to create value.

    Doesn't Recommend
    Approves of CEO
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