Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,818 total reviews)
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Christian Sewing

85% approve of CEO

69% positive business outlook

Deutsche Bank has an employee rating of 3.8 out of 5 stars, based on 12,818 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Deutsche Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

13K reviews
1.0
Jul 5, 2019
Recommend
CEO approval
Business Outlook

Pros

There are generally nice people working at the Cary location. The salary is higher than the average in my field compared to other companies. They have a lot of different clubs that you can join to mingle and network. Unlimited sick days. Generous PTO. Very diverse work force.

Cons

401k match at 4% vested 20% each year for 5 years. I used to believe this was to retain workers, but now I am convinced it if 5 years to protect DB from paying out matching when they let people go. The management here is atrocious. It became pretty evident over time my peers and I were "used" by our former manager in order to justify her promotion (she didn't manage us at all). Career development is also non-existent (poor management again) and this company has the feel of an IT sweatshop. Management had no plan for career development and their promotion strategy is an absolute joke. It isn't based on how you perform rather an interview with multiple employees you never worked with before? Training is almost non-existent as well except for regulatory . This is pretty ironic since this company is routinely in the news for it's share of fraudulent and unlawful behavior (fine after fine). DB is part of a bad Germany history that we all know about yet they are all about inclusion (which is good, but strange given that history). Too many H1B visa workers. The on boarding process is nonexistent here so you have to struggle mightily when you first start. When I first started, I was told I would get a guaranteed percentage bonus (never got what I was promised). Annual salary increases were a joke since the bank was doing so poorly. Overall 3 years of little to no bonus and little to no salary increase. Morale is low when the bank stinks from year to year.

1.0
Dec 19, 2018
Recommend
CEO approval
Business Outlook

Pros

Chill work-life (10-4 kind of job); Generally, people are nice to talk to; active engagement groups

Cons

Every little process is broken (you will experience it in the initial onboarding process itself); worst HR people that you can work with; God bless if you are on a work/ student visa because HR messed up with so many of my international coworkers over these 5 years. Management (especially Directors) in Cary location have no clue about work. I have seen a few directors who are given the team just for approving absence requests. Some of them work as moral guards whose only job is to make sure people are coming on time and dressing up properly (know one director who commented on someone's attire multiple times)

1.0
Dec 5, 2018
Recommend
CEO approval
Business Outlook

Pros

Facilities are nice. Multiculture environment.

Cons

Leadership and culture are toxic and dysfunctional. Absolute worst working environment. Bonuses are awarded to those that create the toxic dysfunction environment that negatively affects the work life balance. No chance of promotion for putting in extra effort, it's all about a passage of time.

Viewing 58 - 60 of 12,818 Reviews

Glassdoor has 16,267 Deutsche Bank reviews submitted anonymously by Deutsche Bank employees. Read employee reviews and ratings on Glassdoor to decide if Deutsche Bank is right for you.