European Investment Bank Reviews | Glassdoor

European Investment Bank Reviews

Updated April 5, 2019
74 reviews

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3.6
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Dr. Werner Hoyer
23 Ratings

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Pros
Cons
  • "High risk of loosing employability as all roles are too EIB focused" (in 9 reviews)

  • "Luxembourg; burocracy; The wether is terrible" (in 9 reviews)

More Pros and Cons

  1. Helpful (3)

    "Director of Marketing Management / District Manager                                                                    "

    StarStarStarStarStar
    • 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 European Investment Bank full-time (More than 5 years)

    Pros

    I loved the work that I did
    I loved the people I worked with and being part of a team

    Cons

    The fact that the company moved back to Germany and close the offices in the United States

    European Investment Bank Response

    Jun 8, 2015 – Senior Employer Branding, Diversity & Outreach Officer

    Thank you for your positive comments. Please note the the European Investment Bank is located in Luxembourg and has recently opened a representative office in Washington DC, though this is currently... More


  2. Helpful (3)

    "It consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Consultant in Jersey City, NJ
    Current Employee - IT Consultant in Jersey City, NJ

    Pros

    Some new technology was introduced

    Cons

    Impossible to get a raise

    Advice to Management

    Consultant compensation should be a part of discussion

  3. "Not bad a bad place to be"

    StarStarStarStarStar
    Former Employee - Intern
    Former Employee - Intern

    I worked at European Investment Bank full-time

    Pros

    Good working environment and team work

    Cons

    bad pay, no trainining, no career progress options.


  4. "Internship - European Investment Bank"

    StarStarStarStarStar
    • 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 European Investment Bank full-time (Less than a year)

    Pros

    It was a great learning experience with lovely colleagues.

    Cons

    No possibility to extend the contract.


  5. "Came a cross a very good team"

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

    I have been working at European Investment Bank full-time

    Pros

    - Some very competent
    - very good work life balance

    Cons

    - pay inadequate,
    - bad/nonexistent induction program,
    - administratively sluggish,
    - place too high an emphasis on experience, qualifications take secondary place.
    - very conservative and resistent to change.

    Advice to Management

    - put emphasis on qualification,
    - give younger people a chance to prove their worth,
    - have for each position a s structured induction program (e.g. systems learning materials, internal procedures manual, etc.)


  6. "Administration"

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

    I worked at European Investment Bank full-time

    Pros

    Good material working conditions particularly for permanent staff

    Cons

    Dubious internal appointments causing some amount of disgruntlement among long serving stass


  7. "Good place"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at European Investment Bank full-time

    Pros

    Good environment, people, location, and weather

    Cons

    slave level wages and no ability to access any of benefits such as gym or training.

    Advice to Management

    Cleaning people made more than interns. Shame on you.

  8. "Graduate in EIB"

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

    I have been working at European Investment Bank full-time

    Pros

    International, prestigious, huge variety of interesting projects, growing institution. Great sense of purpose.

    Cons

    Bureaucratic and procedures-driven. Not a very good place to start career: preference is for experienced recruits. No career path or training for younger recruits. Grads are seen as rather a temporary fix for immediate staffing needs.


  9. Helpful (3)

    "Think it twice"

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

    I have been working at European Investment Bank full-time

    Pros

    International, multicultural. Good work-life balance specially for families with children.

    Cons

    Luxembourg is very small and lacks cultural life. The Bank is burocratic, not transparent, good performance is not recognized and bad performance allowed. High risk of loosing employability as all roles are too EIB focused. Big difference in benefits if you dont have children.

    Advice to Management

    People with indefinite contracts doesnt matter if they work well or not, are goood profesionals or not: They remain at the bank forever. Paternalistic management does not help to a healthy and proffesional environment. Risk avoidance provokes more problems than te risks themselves: management should dare to take non-popular decisions.


  10. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trainee
    Former Employee - Trainee

    I worked at European Investment Bank (Less than a year)

    Pros

    Good environment
    Flexibility about different commitments
    Learning opportunities

    Cons

    Interns used as research assistants but do not get the title.
    No opportunities to stay after internship

    Advice to Management

    Increase the allowance and "promote" the economic research department interns to research assistants.