Deutsche Bank - Could be better, could be worse. | Glassdoor
There are newer employer reviews for Deutsche Bank
There are newer employer reviews for Deutsche Bank

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"Could be better, could be worse."

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Analyst in Jacksonville, FL
Current Employee - Analyst in Jacksonville, FL
Recommends
Positive Outlook

I have been working at Deutsche Bank full-time (Less than a year)

Pros

Somewhat better work/life balance than NYC analysts.
Technically better pay than NYC analysts, when adjusting for a much lower cost of living in FL.

Cons

Lower overall pay/bonus than NYC, feel like back office workers even though we're part of the investment bank.
Feels like no future for career advancement.
Little/no pay differentiation based on group productivity or amount of hours worked.
Lack of passion/drive to succeed in some co-workers.
Local management is very cliquey/shows favoritism to certain groups.

Other Employee Reviews for Deutsche Bank

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

    Star Star Star Star Star
    • 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.


  2. "Recently left DB in reorganization"

    Star Star Star Star Star
    • 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.


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

See Most Recent

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