Korea Development Bank

www.kdb.co.kr
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Korea Development Bank Reviews

Updated January 23, 2015
Updated January 23, 2015
6 Reviews
2.8
6 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Mr. Kyttack Hong
1 Rating

Employee Reviews

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  1.  

    Great worklife balance, below market benefits and salaries.

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

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

    Pros

    Manageable work volume, can generally leave office before 6pm. Good pantry with lots of soft drinks provided.

    Cons

    Below market bonuses and benefits. Annual leave offered usually only 14 days when other banks are 21+, bonus only 1 month on average. Dental benefits do not include scaling and polishing !?!? Heavily expat focused, limited opportunities and respect for local staff.

    Advice to ManagementAdvice

    Please improve your benefits if you want to retain or hire staff.

    Recommends
    Positive Outlook
  2.  

    Stay there if you want a secure job

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

    I worked at Korea Development Bank

    Pros

    good to work for life

    Cons

    salary is behind standard level. It should be match within the industry if it is IB.

    Advice to ManagementAdvice

    benefits should be within the standard

  3.  

    Don't work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in Seoul (South Korea)
    Former Employee - Associate in Seoul (South Korea)

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

    Pros

    unless you seek only for work&life balance

    Cons

    No room to grow, mandatory rotation, lack of incentive system

    Advice to ManagementAdvice

    I know it is a government company, so there's nothing the Management can do.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    corporate finance

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Korea Development Bank

    Pros

    job security and competitive benefits

    Cons

    very bureaucratic, seniority based and

    Advice to ManagementAdvice

    n/a

  6.  

    Good job in Korea

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Seoul (South Korea)
    Former Employee - Anonymous Employee in Seoul (South Korea)

    I worked at Korea Development Bank

    Pros

    a company with good reputation

    Cons

    hierarchy
    relatively small chance to advance

    Advice to ManagementAdvice

    good job but please go for more

  7.  

    Good place to learn

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

    I worked at Korea Development Bank

    Pros

    - One of the few banks in Korea that offers quality experience in large-scale projects such as shipping finance or SOC financing
    - Family-like organization,very nice people
    - Strong alumnai network

    Cons

    - Lower compensation compared to other Korean banks
    - Correlation between performance and compensation/promotion close to nil
    - Heavy office politics

    Advice to ManagementAdvice

    Don't be afraid to tie performance and compensation/promotion.

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