Deutsche Bank - Horrible morale-never know if you still had a job from day to day | Glassdoor
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There are newer employer reviews for Deutsche Bank

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"Horrible morale-never know if you still had a job from day to day"

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

I worked at Deutsche Bank as a contractor (More than a year)

Pros

Very environmentally conscious (i.e. all recyled napkins, plates, etc. in the cafeteria.)

Cons

I was working on a project with a colleague; The next day I couldn't reach him, then found out he had been laid off. This happened frequently, in all levels of the organization. Instead of hiring a replacement, they would just divvy up the person's work to whoever was left. It was very "ech man for himself"; No one wanted to help anyone else out. There was enormous pressure to get everything done. Analysts usualy work weekends at any investment bank, but even admins would take expense reports home, without charging for O/T. I was promised a pay increase, but when I asked about it, every 6 mos I was given another excuse for why it couldn't happen at that time.

Advice to Management

There would not be so much turnover if all employees were treated with respect.

Other Employee Reviews for Deutsche Bank

  1. "Recently left DB in reorganization"

    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
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Strong platform and very cosmopolitan

    Cons

    DB is allowing bored markets guys to take over other business lines as their markets disappear or go quiet. Causing lots of unrest. THis has been tried at other banks with limited success.


  2. "Internal policy or opportunities"

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

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

    Pros

    A large organisation which provides a lot of opportunities to its employees.

    Cons

    A lot of internal policy

There are newer employer reviews for Deutsche Bank
There are newer employer reviews for Deutsche Bank

See Most Recent

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