EBRD Reviews | Glassdoor

EBRD Reviews

Updated September 29, 2017
150 reviews

Filter

Filter

Full-timePart-time

3.2
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
EBRD President Suma Chakrabarti
Suma Chakrabarti
60 Ratings

150 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • Senior management does not have a clear vision about the Bank's future (in 14 reviews)

  • Slow career progression, absence of recognition for high performers, slow deal approval cycle, lost vision of the mandate (in 9 reviews)

More Pros and Cons

  1. "Professional environment"

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

    I have been working at EBRD full-time (More than 5 years)

    Pros

    For full time employees there are full packages of benefits, allowances, pension funds.

    Cons

    Not easy transition for job promotions.


  2. Helpful (9)

    "Think twice before you apply."

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at EBRD (More than a year)

    Pros

    Multiculturalism, if you're into that sort of thing. Fairly decent people, for the most part. The rest are just plain nuts.

    Cons

    Heavy workload, stressful environment, short-term contracts, absolutely NO chance of advancement.

  3. "Financial Institution with a mission!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    No opinion of CEO

    Pros

    -interesting work content
    -top professionals from all over the world
    -work-life balance
    -cooperative culture across departments

    Cons

    -day-to-day tasks can get repetitive/mundane


  4. "Legal Secretary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Legal Secretary in Washington, DC
    Former Employee - Legal Secretary in Washington, DC
    Recommends

    I worked at EBRD (Less than a year)

    Pros

    Great Management. Travel opportunities and training.

    Cons

    No offices in major European Cities


  5. "Fast, fun paced and rewarding"

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

    I worked at EBRD full-time

    Pros

    Great benefits with 2 weeks vacation available immediately upon hiring. Company parties and retreats.

    Cons

    Resident offices are a little disconnected from London


  6. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in London, England (UK)
    Former Employee - Intern in London, England (UK)

    I worked at EBRD full-time (Less than a year)

    Pros

    interesting work, great benefits, work life balance

    Cons

    There is some bureaucracy, limited opportunities for promotions/other jobs


  7. Helpful (2)

    "Good, for a short period of time"

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

    I worked at EBRD full-time

    Pros

    - Interesting job as it involves a wide array of diverse tasks.
    - Strong international exposure
    - Generous training offered
    - Enjoyable working environment
    - Good working hours.
    - Good office restaurant (Mozart)
    - Generous pension and health care, as well as a 10% "flex allowance".

    Cons

    - A work experience at EBRD may reduce employability outside EBRD;
    - Base tax-free salary is lower than at other banks, as EBRD's salaries do take into account the fact that employees don't pay taxes. So, at the end of the day, employees should essentially receive the same take-home pay as elsewhere, if not less (!);
    - Modest bonuses: 0-15% of base salary;
    - When looking for a mortgage, most UK mortgage providers will be able to offer only a small mortgage amount, as a result of the lower tax-free base salary (EBRD does not offer mortgages to its employees);
    - Currently, most job offers are for short term contract. However, it's quite frequent to see contracts being either extended or converted into permanent position;
    - Promotion discussions and decisions do not always favor the most hard-working staff.
    - Every now and then, expect some "political" decisions, which equate to poor business decision-making, , as a result of political representation on the Board, and in the shareholding of EBRD.

  8. Helpful (3)

    "Decadence of EBRD"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Principal Banker
    Current Employee - Principal Banker
    Recommends
    Disapproves of CEO

    I have been working at EBRD full-time (More than 5 years)

    Pros

    Good benefits, salary and security of employment, broad range of financing instruments used, access to grant funds

    Cons

    Slow career progression, absence of recognition for high performers, slow deal approval cycle, lost vision of the mandate


  9. Helpful (1)

    "Admin support"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Great benefits including a nice health insurance, good salary, retirement plan, 25 days annual leave, well-known international organization, good reputation for further experiences

    Cons

    No room for growth, low chance of getting a promotion, bending the rules and procedures in favor of the management, vague job descriptions, horrible place to start your career. Employees have 'so called' rights but not in practice! Cost effectiveness and feasibility concerns are more important than the rights and career development of the employee.

    Advice to Management

    Management in HQ should try to be more aware of the situation in resident offices. Managers or heads in RO's should be supervised. Yearly surveys are not enough to solve the ongoing problems.


  10. Helpful (2)

    "Work Hard but not well paid."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Legal Counsel in London, England (UK)
    Current Employee - Legal Counsel in London, England (UK)
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Good resume builder. Smart people.

    Cons

    Poor management. Not well paid considering the complexity of the projects and volume.

    Advice to Management

    Listen to staff.


Showing 150 of 165 reviews
Reset Filters