EBRD Reviews | Glassdoor

EBRD Reviews

Updated June 17, 2017
138 reviews

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Full-time Part-time

3.0
Star Star Star Star Star
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Approve of CEO
EBRD President Suma Chakrabarti
Suma Chakrabarti
51 Ratings

138 Employee Reviews

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Pros
Cons
  • Senior management does not have a clear vision about the Bank's future (in 15 reviews)

  • In addition subjective negative perception of some senior managers adds additional obstacles to career progression of otherwise qualified staff (in 8 reviews)

More Pros and Cons

  1. Helpful (1)

    "EBRD - resident office analyst"

    Star Star Star Star Star
    Current Employee - Analyst
    Current Employee - Analyst

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

    Pros

    Many private sector projects are genuinely interesting and result in real change both on micro and macro levels. While not everyone on the staff is really into the Bank's mission, most employees, at least from the office I'm stationed at, are motivated, willing to help and fun to be around. The paycheck is so-so, but the overall compensation package is decent, including a good medical insurance. The workload tends to be fairly light, especially in comparison with slave-driving industries like IB.

    Cons

    As mentioned above, the salary is not that impressive and will probably stay this way given the growing focus on cost-cutting. Promotions are rare and top performers don't get enough recognition/extra rewards for their efforts. The decision-making process is somewhat bureaucratic and at times frustrating, but it depends a lot on the manager/banking team involved.


  2. "Good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Principal in London, England (UK)
    Current Employee - Principal in London, England (UK)
    Recommends
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Intercultural working environment, interesting projects, committed and friendly colleagues, many internal development opportunities (i.e. trainings), flexible working possible

    Cons

    depends a lot on the line manager and the team, very slow in decision


  3. "Multi-cultural multi-talented workforce"

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

    I have been working at EBRD full-time

    Pros

    We invest in projects that add value to their communities. Knowing that my work contributes to the improvement of other people's lives is a good feeling.

    The environment is truly multi-cultural and colleagues are very friendly.

    Cons

    Modernisation is required - in some of the thinking and lots of the technology.

    Advice to Management

    Communicate openly and informally with staff to keep them informed of key business developments and strategies.


  4. Helpful (2)

    "One of the strangest places to work"

    Star Star Star Star Star
    • 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 EBRD full-time (More than 5 years)

    Pros

    The EBRD does great work in the communities it works in. It's a shame it doesn't translate these values to their staff. Remuneration is good, which is not entirely a good as it promotes laziness, people can do nothing and still get paid.

    Cons

    Slow to change, each department has it's own set of rules depending on the moods of the departmental management. The remuneration package is good, so you end up with a lot of "lifers" who are promoted solely because they've been there forever but have no knowledge of how to run their department and have terrible people skills.

    Advice to Management

    Upper management is the problem!


  5. Helpful (1)

    "Great for work-life balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Principal Adviser in London, England (UK)
    Current Employee - Principal Adviser in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A great place to do a satisfying job while also having a life and time for personal development

    Cons

    Cost-cutting initiatives are unpopular with staff.

    Advice to Management

    Think about retaining more senior bankers.


  6. Helpful (6)

    "Used to be a more efficient, focused organization. Still ok, but management might be sinking it."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Banking Associate in London, England (UK)
    Current Employee - Banking Associate in London, England (UK)
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at EBRD full-time (More than 3 years)

    Pros

    International environment, interesting colleagues, mission driven organization.

    Cons

    Top heavy, lots of low value added new senior possitions recently created. Institution turning very burocratic and political.

    Advice to Management

    Enhance internal transparency. Stop creating new departments. Stop creating new senior possitions. Keep the institurion focused on what it does best.


  7. Helpful (7)

    "Getting worse"

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

    I have been working at EBRD full-time

    Pros

    Very interesting projects and smart people. Lots of responsibility and flexibility.

    Cons

    Badly managed bank with no strategy, no structure and in chaos.

    Advice to Management

    Start managing the bank.


  8. Helpful (2)

    "Good organisation to work"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at EBRD full-time (More than 10 years)

    Pros

    Definitely a good work-life balance

    Cons

    slow career progression at this bank


  9. Helpful (2)

    "Principal Adviser"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Principal Adviser in London, England (UK)
    Current Employee - Principal Adviser in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A diverse, flexible, innovative and modern organisation.

    Cons

    Stagnant organisational structure, low turnover.

    Advice to Management

    Prioritise mobility


  10. Helpful (6)

    "No transparency, too top heavy"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at EBRD full-time (More than 10 years)

    Pros

    Lots of lovely and interesting people. Good quality of work.

    Cons

    Lovely people are all stuck in the middle. Organisation structure is an inverse pyramid. Some teams think it's ok to appoint a senior position rather than having a competitive selection process.

    Advice to Management

    Reduce the number of top managers


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