KfW Reviews | Glassdoor

KfW Reviews

Updated Aug 18, 2019

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Found 102 reviews

4.0
StarStarStarStarStar
Rating TrendsRating Trends
82%
Recommend to a Friend
78%
Approve of CEO
KfW CEO Ulrich Schröder
Ulrich Schröder
28 Ratings
Pros
  • "Angenehmes Arbeitsumfeld, gute Work Life Balance(in 14 reviews)

  • "Jobssicherheit, Arbeitszeit, Gehalt in Relation zu geleistetem Pensum(in 11 reviews)

Cons
  • "(in 6 reviews)

  • "(in 6 reviews)

More Pros and Cons
  1. "Pretty good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Intern 
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at KfW for less than a year

    Pros

    Great people and good culture, and amazing work the organisation does

    Cons

    Limited work as an intern

    KfW2017-02-01
  2. Helpful (1)

    "Internship"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Anonymous Employee 

    I worked at KfW

    Pros

    - International projects - Leader on sustainable development - Good working hours - Good salary and high standard of living in Germany - Great team and motivated employers with interesting international experiences

    Cons

    - Not too much responsibility for interns - Internship program relatively unstructured - Internship does not necessarily qualify for full-time job offer but rather further traineeship

    KfW2016-08-04
  3. "Great people and nice working environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook

    I worked at KfW full-time

    Pros

    - People - Work time - Flexibility

    Cons

    - Not most dynamic environment

    KfW2019-08-18
  4. "Good place to work if you want work and life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at KfW full-time for more than 3 years

    Pros

    - Cordial atmosphere and friendly work colleagues. - Exciting projects for people really motivated in development issues. - Work and life balance. - The Bank is very stable and has a very good reputation outside. - Good place to network and meet new people outside the organization (if you are in a country office).

    Cons

    - Too centralized. - Poor carreer prospects for local staff. - Obsession with cost reductions. - Development Bank for Germany gets most of the attention of the management and overseas offices are forgoten. - Everything is in German. You need to know or either learn quickly German.

    Advice to Management

    - Decentralize. It will reduce costs and improve employee performance. - Provide carreer path for local staff. - Improve conditions for local staff.

    KfW2019-07-24
  5. "Intern in project finance division"

    StarStarStarStarStar
    Current Employee - Anonymous Employee 

    I have been working at KfW

    Pros

    Friendly environment everyone gets one and is helpful

    Cons

    There are no cons in all honesty

    Advice to Management

    Keep it up

    KfW2019-07-19
  6. "Good organization to work for"

    StarStarStarStarStar
    Former Employee - Anonymous Employee 
    Recommends

    I worked at KfW

    Pros

    Collegial staff Commitment to development objectives

    Cons

    Limited upside for non-German employees

    KfW2019-02-21
  7. "A good place to start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Project Coordinator in Cairo
    Neutral Outlook
    No opinion of CEO

    I have been working at KfW full-time for more than 5 years

    Pros

    Good culture Interesting projects Good work-life balance

    Cons

    Little room to grow Poor office facilities Bureaucracy

    KfW2019-02-19
  8. "Stay Away"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend

    I worked at KfW full-time for more than a year

    Pros

    flexible and no work pressure

    Cons

    Highly centralized No learning and staff development plan No career path Poor salary and benefit structure for national employee.

    Advice to Management

    review and standardize salary and benefits

    KfW2018-11-13
  9. "Great place to relax"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

    I have been working at KfW full-time for more than 8 years

    Pros

    Flexible hours, good pay, great colleagues

    Cons

    Very weak management trying to sell BS they do not believe themselves.

    KfW2018-06-24
  10. "Makes a difference if you’re a local hire"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Project Officer in Cairo

    I worked at KfW full-time for more than 5 years

    Pros

    - Good exposure to the international development cooperation landscape - Opportunity to build networks with actors from the public sector and donors - Work-life balance is encouraged - Fair salaries - Clear communication regarding limited career prospects (5-7 years) - Great working environment among local staff

    Cons

    - Limited to no career growth prospects for staff at local offices - Employment contracts progressively strip new hires of several rights - Highly centralized with no intention for decentralization of work or decision making hence restrictive, on-demand, unclear job descriptions for local project staff - Limited opportunities for professional development e.g. training modules, courses, certifications

    Advice to Management

    Management should do more to show their appreciation for local staff. Employees' needs worldwide are the same (fair treatment, fair pay, professional development, pension plans, cushioning against economic shocks). Since KfW is a fair employer, it is not difficult to transfer these "fair employment practices" to include local employees.

    KfW2018-07-08
Found 102 reviews