Dexia Reviews | Glassdoor

Dexia Reviews

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Found 36 reviews

2.8
StarStarStarStarStar
Rating TrendsRating Trends
44%
Recommend to a Friend
100%
Approve of CEO
Dexia CEO Wouter Devriendt
Wouter Devriendt
2 Ratings
  1. Helpful (1)

    "Vast Improvements in IT and Ops"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - IT Personnel in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Dexia full-time for more than 4 years

    Pros

    Health Benefits are great People are great Projects get completed

    Cons

    Company trying to recover from economic crisis

    Advice to Management

    The senior management leading IT has been trying very hard and making great changes. Morale is up as people feel a sense of ownership and commitment and accomplishment! IT has been working very hard over the last few years and rolling out lots of great projects by being more efficient and streamlining processes to reduce manual work. Overall the company is heading in the right direction! The company has changed alot...

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    Dexia2014-02-14
  2. "Zombie bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Manager in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Dexia full-time for more than 9 years

    Pros

    Beginners can learn a few things. International exposure and sometimes mobility can happen. Good place for work life balance... And sometimes too much so.

    Cons

    Objectives are unclear and fuzzy politics often dominates rational thinking. Obsolete and crazy IT structure creates silos, misunderstanding and confusion. In process to be closed.

    Advice to Management

    Promote serious, competent people with hands on successful experiences. Not experts in BS.

    Dexia2016-08-10
  3. Helpful (2)

    "This place is a freakin joke"

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

    I have been working at Dexia full-time for more than 20 years

    Pros

    You can get away with doing just about nothing here, on a daily basis. Employees often sleep at their desk. If they are not sleeping, they are surfing the web.

    Cons

    Below market-rate pay. By far, the most incompetent, inept management I have come across in my career, thanks to the top-heavy organizational design preferred by the French. Bureaucracy and red tape prevent real work and innovation from occuring. Seriously, do not waste your time at this place. Also, please disregard the completely biased and factually incorrect review posted in February 2014 by senior management...

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    Advice to Management

    You should be ashamed of yourself. You either do not know what is going on several levels below the ivory towers on which you sit, or are too apathetic to care. You are held accountable for the ineptitude that has become modus operandi for the underlings that report to you. Shame, shame, shame on you!

    Dexia2015-02-20
  4. "Wanted to quit this place after joining there a week"

    StarStarStarStarStar
      Former Employee - Assistant Vice President in New York, NY

      I worked at Dexia full-time for more than 2 years

      Pros

      Health benefits. That is it. Period.

      Cons

      Lack of motivation. Management . This place deserves the recognition as the worst run place.

      Advice to Management

      I won't even waste my breath.

      Dexia2012-12-06
    • Helpful (1)

      "Should have bailed one month after joining"

      StarStarStarStarStar
      • Work/Life Balance
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Assistant Vice President in New York, NY
      Doesn't Recommend

      I have been working at Dexia

      Pros

      Benefit package here is quite good. Vacation time is generous, at 4 weeks for AVP, 5 for VP. Other reviews are spot on when they say that the work-life balance is good. Evening or weekend work is almost unheard of.

      Cons

      Lack of motivation and initiative among many of the worker bees. No real innovation here. IT organization is completely inept, using technologies long considered out-of-date at any other "real" bank. Typical French politics. if you speak the language, you might advance a bit faster than a non-French speaker.

      Advice to Management

      Completely overhaul inept IT organization by eliminating current management and hiring qualified individuals Stop hiring consultants to do work that can easily be done by internal staff who've been properly trained. Stop wasting money on outsourcing business processes that can be done more easily (and cheaply) in-house. Pay more in salary to attract higher-caliber talent.

      Dexia2011-03-02
    • "Good place to hang out, but not work nor learn. Pay is way below market so it only attracts the lower performance people"

      StarStarStarStarStar
      • Work/Life Balance
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Anonymous Employee in New York, NY
      Doesn't Recommend
      Disapproves of CEO

      I worked at Dexia

      Pros

      Dexia is a place where you can enjoy a good work life balance and good benefits. If you know the right people, you can live there forever.

      Cons

      Very political Foreign based so French and Belgian people have the "home" advantage Pay is very much below market Poor management Terrible HR

      Advice to Management

      Because management will always be French and Belgian, talented local people in NY will be promoted only to a certain point and leave the company because there will no longer be any opportunity for growth for them. It's a shame. And, paying low, Dexia keeps attracting people with poor performance record.

      Dexia2010-08-06
    • "Dexia Credit Local NY"

      StarStarStarStarStar
      • Work/Life Balance
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Assistant Vice President - Operations in New York, NY
      Doesn't Recommend
      Approves of CEO

      I have been working at Dexia

      Pros

      Terrific benefits and a very strong work-life-balance ingrained in the culture. In very rare occasions are the weeks where most people work more than 40 hours. Additionally, the health insurance benefits are provided by the company. In the world of banking/finance, job security is something most people have in Dexia.

      Cons

      The compensation is well below the market. Additionally, having an expat Senior Management Team leads to complacency and lack of initiative among native staff. Unfortunately, most of the senior managers are in NY for a five-year assignment and back off to Europe after it's over. This really should change to build a more solid team in all of the branches.

      Advice to Management

      Allow there to be some risk taking and actually promote Americans to the higher levels in the NY Branch.

      Dexia2008-09-03
    • "Good place to learn"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Credit Risk Analyst in Paris
      Recommends
      Positive Outlook
      No opinion of CEO

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

      Pros

      Good life balance, nice and skilled coworkers, good place to learn

      Cons

      Lack of perspectives due to the context, old IT tools, less pecuniary incentives, rather slow-paced environment

      Dexia2019-03-20
    • "Nice company to start"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Risk Analyst in Brussels
      Recommends
      Neutral Outlook
      Approves of CEO

      I have been working at Dexia full-time for more than 2 years

      Pros

      Very good environment and managers that put the effort to make you improve.

      Cons

      Roll of situation giving small options at long term

      Dexia2018-08-15
    • "Portfolio manager"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Anonymous Employee 
      Recommends
      Neutral Outlook

      I worked at Dexia full-time

      Pros

      International and challenging environment. Motivated people from different backgrounds and a feeling of confidence to be part of a team

      Cons

      Lack in financials and internal crisis. Risks to lose knowledge and outstanding professionals. Low investments for education such as masters or mba program.

      Advice to Management

      it is mandatory to invest more in know how for employees and better people management

      Dexia2016-05-13
    Found 36 reviews