Wiener Städtische Reviews

Updated August 17, 2014
Updated August 17, 2014
6 Reviews

3.0
6 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Günter Geyer
3 Ratings

Employee Reviews

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  1.  

    Think globally, act locally.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Investment Manager
    Current Employee - Investment Manager

    I have been working at Wiener Städtische

    Pros

    Big and reputed company in CEE, with good working environment, felxible employer's treatment.

    Cons

    Strong cost control disables hikes in salaries.

    Advice to ManagementAdvice

    none

    Recommends
    Approves of CEO
  2.  

    Forget about it

    Former Employee - Risk Manager  in  Vienna (Austria)
    Former Employee - Risk Manager in Vienna (Austria)

    I worked at Wiener Städtische full-time for more than a year

    Pros

    Decent work-life balance. Not a lot of pressure and some nice colleagues leaving the firm soon.

    Cons

    Management is terrible, not a lot of room to grow. In terms of competency the firm is falling behind. Trying to survive recent crisis with ridiculous salaries.

    Advice to ManagementAdvice

    Should be leaving as soon as possible.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Long tradition and poor change management

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

    I worked at Wiener Städtische full-time for more than 3 years

    Pros

    Stable business portfolio, low risk exposure, good financial results. Ok work/life balance is you are not an actuary, a financial controller or a board member assistant.

    Cons

    Poor change management; vertical hierarchy, a lot of power resides with the top management whereas the middle and the first line managers are less visible. Poor corporate culture, apart from few exceptional young managers, people in the HQ were rather mediocre. Very little room to grow professionally.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Good atmosphere, poor managaement

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

    I have been working at Wiener Städtische full-time for more than a year

    Pros

    Good Wage, great atmosphere and location

    Cons

    Poor managing, heavy working hours

  6.  

    hard work with not much support

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

    I have been working at Wiener Städtische

    Pros

    salary, flexibility, benefits for expatriate assignment

    Cons

    Rewards and promotions are not earned by merits. Lack of common rules accross the group. Too much laissez faire. It is more important whom you know then who you are (the competence). Too many M&A and transactions bring insecurity into the members of the Group. Too much focus on the short-term results.

    Advice to ManagementAdvice

    Listen to your people and consultants, be more transparent, fair and equal. Try to develop the business and the people in the long term. Understand that business is made by people, and that everywhere you need teams and individuals who will build the teams based on cooperation and not necessarily on competition. Synergy! Synergy! Synergy! Get the best professionals, with long term vision, knowledge of the business and with good people skills! Once you get them, try by all means to keep them!

    Disapproves of CEO
  7.  

    good place to learn and work..

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

    I worked at Wiener Städtische

    Pros

    learning as much as you can and hooking up with co-workers. also not too much pressure on work loads.

    Cons

    not getting enough praises. managers always try to be nice but stab u .

    Advice to ManagementAdvice

    more hours and advancement and more freebies.

    Recommends
    Approves of CEO

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