UniCredit (Italy)

www.unicreditgroup.eu

UniCredit (Italy) Reviews

Updated December 24, 2014
Updated December 24, 2014
59 Reviews
3.2
59 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
UniCredit (Italy) CEO Federico Ghizzoni
Federico Ghizzoni
27 Ratings

Review Highlights

Pros
  • Good work/life balance with good pay (in 6 reviews)

  • Quite good benefits but not yet comparable with other European banks (in 4 reviews)


Cons
  • No real opportunities to be permantly employed (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good experience. Learned a lot

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

    I worked at UniCredit (Italy) as an intern

    Pros

    Very multinational environment. A lot of opportunities to expand your professional network. A lot of opportunities for training and learning.

    Cons

    Not a lot of feedback is given to the single employee. Some bad management. There is not always a good work/life management

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    One step forward, two steps back

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

    I have been working at UniCredit (Italy) full-time (more than 10 years)

    Pros

    Good benefits with generous vacation

    Cons

    No career opportunity due to constant downsizing

    Advice to ManagementAdvice

    Offer real opportunities for high performers

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

    Good in past turned to average in the last few years

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

    I worked at UniCredit (Italy) full-time (more than 8 years)

    Pros

    international opportunities, challenging environment, compensation and benefits

    Cons

    bureacracy, slow decision making processes, nepotism

    Advice to ManagementAdvice

    reward competencies, growth up people internally, stop hiring consultants, don't reward "yesman" culture

    Recommends
    Negative Outlook
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  5.  

    I worked in UniCredit for 8 years now,

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Solutions Architect in Milan (Italy)
    Current Employee - IT Solutions Architect in Milan (Italy)

    I have been working at UniCredit (Italy) full-time (more than 8 years)

    Pros

    A really big company.
    Quite good wage if you compare it w/ Italian average.

    Cons

    If you don't work in Milan it will be necessary frequent visits to to the city.
    Too much politics on every decision.
    Project based management often lack sustainable long term analysis about products.
    Technical jobs are really not valued enough, though
    The managerial chain is definitely too long
    Expectation that innovation can be bought from the market or created through consultancy

    Advice to ManagementAdvice

    There should be more respect for the opinion of technicians.
    The career path should be better managed
    There should be more long term vision

    Doesn't Recommend
    Positive Outlook
  6.  

    Good experience with people but not opportunity to stay.

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

    I worked at UniCredit (Italy) as an intern (less than an year)

    Pros

    It is a big company and even though you can find a good atmosphere in some departments where there are nice people.

    Cons

    Too much bureaucracy for everything.
     People are not always so competent and many managers don't share the knowledge. There aren't many opportunities to growth.

    Advice to ManagementAdvice

    Concern more about the career path of the employees.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Disappointed

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

    I have been working at UniCredit (Italy) full-time

    Pros

    Multinational environment. International exposure. Starting to understand that a new place where to work helps

    Cons

    no focus on people. No work life balance. No high-level view from the top management

    Doesn't Recommend
    No opinion of CEO
  8.  

    Apart pay nothing to be fond of

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

    I have been working at UniCredit (Italy) full-time (more than 10 years)

    Pros

    Good salaries compared to employment opportunity in Italy

    Cons

    Too many to mention but above all very bad management

    Advice to ManagementAdvice

    Change job

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

    A decade of struggling with reorganizations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - GBS Area Analyst in Milan (Italy)
    Current Employee - GBS Area Analyst in Milan (Italy)

    I have been working at UniCredit (Italy) full-time (more than 3 years)

    Pros

    The pay is good and there are many international projects and activities. The new HQ in also a very nice place to work

    Cons

    Especially outside business related areas, you gotta be connected to get the minimum level of visibility and have a career. This does not apply to Legal, Risk and few other functions.

    Advice to ManagementAdvice

    Acquisitions and merges era is over. Stop being so political!

    Neutral Outlook
    Approves of CEO
  10.  

    Large Organization striving to return to profit

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Risk Manager in Milano (Italy)
    Current Employee - Senior Risk Manager in Milano (Italy)

    I have been working at UniCredit (Italy) full-time (more than 8 years)

    Pros

    multinational with potentially lots of opportunities all over Europe.
    great for long term career paths without great targets (family people)

    Cons

    - Internal job market does not really work. Positions are created ad hoc for already selected candidates. Only a few are really open to everyone.
    - Not very meritocratic environment. Follows the old habits of assigning roles to friends rather than best performers.
    - Little transparency
    - Old dinosaurs give little space to new entrants and young motivated professionals
    - salaries low. prefer UK or Switzerland

    Advice to ManagementAdvice

    good luck. I'm out of here...

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

    Great place to stay there forever

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

    I have been working at UniCredit (Italy) full-time (more than 10 years)

    Pros

    Great chances of learning, very good relation with colleagues. Good compensation, good work/famiy balance

    Cons

    You end up doing the same things for years. No real career growth possible

    Recommends
    Positive Outlook
    Disapproves of CEO

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