Swedbank AB

  www.swedbank.com
  www.swedbank.com

Swedbank AB Reviews

Updated August 10, 2014
Updated August 10, 2014
23 Reviews
3.4
23 Reviews
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Michael Wolf
14 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Good culture but a little too relaxed to be top tier

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Research Analyst in Tallinn (Estonia)
    Former Employee - Research Analyst in Tallinn (Estonia)

    I worked at Swedbank AB full-time (more than 3 years)

    Pros

    friendly environment, nice people overall and you can tell that the whole corporate development system has been well thought out

    Cons

    compensation isn't very good, but then again it is balanced by reasonable hours, take your pick

    Advice to ManagementAdvice

    more performance oriented compensation

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    To laidback

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Private Banking Manager in Borås (Sweden)
    Former Employee - Private Banking Manager in Borås (Sweden)

    I worked at Swedbank AB full-time (more than an year)

    Pros

    Life/work balance is truly great. Working in a large company is safe and the benefits is great.

    Cons

    No real challenge to work here, everyone is just complaining about the bad salary and the bad management.

    Advice to ManagementAdvice

    Increase the overall salary to attract more talents to the company.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Recommended for recent university graduates

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Developer in Tallinn (Estonia)
    Former Employee - Software Developer in Tallinn (Estonia)

    I worked at Swedbank AB full-time (more than an year)

    Pros

    Friendly coworkers and team, good work/life balance, free gym and other benefits. Good place to learn the basics of software development.

    Cons

    Conservative and bureaucratic, too many old technologies and code to be maintained, team not motivated to improve technical skills and fix old issues

    Advice to ManagementAdvice

    Please pay more attention on technical debt, legacy code and systems.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Very laid back atmosphere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Economist in Vilnius (Lithuania)
    Former Employee - Economist in Vilnius (Lithuania)

    I worked at Swedbank AB full-time (more than 3 years)

    Pros

    I worked as an economist at Swedbank in Lithuania: the experience was good overall, however, Swedbank at least in Lithuania retains its "Soviet" culture. It was not a very modern company, with lots of bureaucracy.

    Cons

    No training provided to the employees whatsoever. It was a joke that Swedbank (at least markets) is a training ground for people to move to other banks.

    Advice to ManagementAdvice

    Establish good training programs - not only salary keeps people motivated.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6.  

    Decent place to work

    • Comp & Benefits
    • Career Opportunities
    Former Employee - Customer Service/Sales in Stockholm, Stockholm (Sweden)
    Former Employee - Customer Service/Sales in Stockholm, Stockholm (Sweden)

    I worked at Swedbank AB part-time (more than an year)

    Pros

    Worked here at the telephone banking department during holidays and weekends which was a great and meriting job as a student. Good place to learn banking basics and pleasant working atmosphere.

    Cons

    Swedbank HR failed to offer me any atractive long term positions after I finished school.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Teller at Swedbank in Estonia

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

    I have been working at Swedbank AB full-time (less than an year)

    Pros

    Experience in the banking field

    Cons

    Low salary, low carreer growth opportunities

    Advice to ManagementAdvice

    raise salary

  8.  

    Interesting time was in Swedbank. Organizational changes all the time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in Tallinn (Estonia)
    Current Employee - Financial Analyst in Tallinn (Estonia)

    I have been working at Swedbank AB full-time (more than 3 years)

    Pros

    Friendly and smart people working with.

    Cons

    Low motivation and too much work for Baltic people.

    Advice to ManagementAdvice

    Care more about people! And work with motivation pack for them.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    The bank is a place for people who are willing to work hard, but don't need a proper salary. Former assistant. Lithuania

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant in Vilnius (Lithuania)
    Former Employee - Assistant in Vilnius (Lithuania)

    I worked at Swedbank AB full-time (less than an year)

    Pros

    - Great culture, friendly people;
    - Good work/life balance.

    Cons

    - Very low pay!
    - A lot of bureaucracy;
    - No proper bonuses, no salary raises;
    - High employee turnover;
    - If you want to climb up the career ladder and apply for a job within the company, the supervisor who is looking for an employee first calls your current supervisor to ask "if he could take you". The answer is usually "no".

    Advice to ManagementAdvice

    Start paying money, or else you will lose all talented employees eventually.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Great place for the start of professional career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Direct Marketing Specialist in Tallinn (Estonia)
    Former Employee - Direct Marketing Specialist in Tallinn (Estonia)

    I worked at Swedbank AB full-time (more than an year)

    Pros

    huge corporation, great choice of software, high quality of internal training, professional co-workers

    Cons

    low wage, burocracy level is high, very few possibilities of career development, cut-offs in benefits, do not evaluate experienced workers

    Advice to ManagementAdvice

    rise wages and save workers

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Getting entry positions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant in Vilnius (Lithuania)
    Former Employee - Assistant in Vilnius (Lithuania)

    I worked at Swedbank AB full-time (more than an year)

    Pros

    One of market leaders
    Learning industry principles
    Valuable Experience and Networking

    Cons

    over competitive atmosphere
    no additional social package

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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