Commerzbank Reviews | Glassdoor

Commerzbank Reviews

Updated December 14, 2017
336 reviews

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3.2
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Approve of CEO
Commerzbank Chairman of the Managing Board and CEO Martin Zielke
Martin Zielke
39 Ratings

336 Employee Reviews

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Pros
Cons
  • Connection to senior management are exaggeratedly important in career development (in 9 reviews)

  • No future on the investment bank side at this bank (in 9 reviews)

More Pros and Cons

  1. "good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Support in New York, NY
    Former Employee - IT Support in New York, NY

    I worked at Commerzbank full-time (More than 10 years)

    Pros

    good colleagues, small group

    Cons

    company down sizing, morale down


  2. "Do Not Work Here!Misogynistic sexist culture."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Commerzbank full-time (More than a year)

    Pros

    Good health insurance and number of vacation days. Good 9-5 job.

    Cons

    Terrible work environment, full of misogynistic managers who do not value their staff. No development or growth opportunities, no initial staff training or welcome . Low morale, no investment or time put into staff members. Salary is average.

    Advice to Management

    Systems are poor and have been up and down on several occasions, this is pathetic compared to other banks in NY. Start treating your female staff as equals.

  3. Helpful (1)

    "nice experience to work there"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Commerzbank full-time

    Pros

    friendly and nice people around

    Cons

    the culture is a little exclusive


  4. Helpful (1)

    "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior ETL Engineer in New York, NY
    Former Employee - Senior ETL Engineer in New York, NY

    I worked at Commerzbank full-time (More than 5 years)

    Pros

    Great benefits in terms of vacation or insurance

    Cons

    slim chance to work on cutting edge technologies


  5. "Great people bad management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Commerzbank full-time

    Pros

    Great place where to learn. The people working there are really great.

    Cons

    Management have no idea what they are doing or where the company is going. This has been true since the financial crisis and hence the share price.


  6. Helpful (2)

    "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in New York, NY
    Former Employee - Manager in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Commerzbank full-time (More than 10 years)

    Pros

    The health and vacation benefits were great. The people were generally friendly and easy to work with. There is opportunity to grow there.

    Cons

    Since I worked in a branch office, we were often given directives from the head office that were difficult to implement. Since our technological, personnel and budgetary resources were limited, it was hard to keep up with management requirements and objectives. Salary increases and bonuses were limited.

    Advice to Management

    Ensure that the same systems and technological advances, and opportunities for training, are available in the branches as well as in the home office.


  7. Helpful (1)

    "Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Commerzbank full-time (More than a year)

    Pros

    Good salary and benefits package. Work is not very hard and not much stress. Could be a good career path if you are German.

    Cons

    Almost everything else. Management is clueless and turns over quite a bit. The U.S. presence is diminishing quite a bit and morale is very low.

    Advice to Management

    Don't lie to your employees. If layoffs are in the picture, let them know as they are going to figure it out anyway. Headquarters does not know everything, especially the U.S. market.

  8. "commerzbank"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    good 401k match, long vacation, low healthcare cost, annual training

    Cons

    no work from home, had to work shifts


  9. Helpful (2)

    "Place is falling apart"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Commerzbank full-time (More than 5 years)

    Pros

    Good benefits 401k. Life to work balance is good here. The place was very good before being rescued by the German government

    Cons

    Place is shrinking fast. Closed most of the London office same thing is happening in NY. Closing down most businesses globally. No future on the investment bank side at this bank.

    Advice to Management

    Try telling the truth. Better then getting the information off Bloomberg news.


  10. "Finance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Garden City, NY
    Former Employee - Anonymous Employee in Garden City, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Commerzbank (More than 3 years)

    Pros

    People nice to work with; good family/work balance

    Cons

    Scaling down brokerage operations; in downsize mode

    Advice to Management

    Think long term and empower decision making in NY


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