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

See Most Recent

"Could be better, could be worse."

StarStarStarStarStar
  • 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. "IT Outsourcing and shift to low cost locations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President - Technology in New York, NY
    Former Employee - Vice President - Technology in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Technology area: Can be satisfying depending on which group you are in. Management was trying to improve for the long-term. Remains to be seen how that works out.

    Cons

    Technology area: Extensive outsourcing and employment shift to lower cost cities has reduced the opportunities in some groups (eg, support functions / groups). Probably best for positions closest to the business (eg, front-office supporting business analysts, etc). Some roles/groups did not receive equal respect by mid to upper IT management.

    Advice to Management

    Balance the need for cost cutting with keeping needed talent and knowledge.


  2. Helpful (1)

    "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.

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

See Most Recent

Work at Deutsche Bank? Share Your Experiences

Deutsche Bank
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or