Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,817 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 12,817 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
2.0
Aug 1, 2016
Recommend
CEO approval
Business Outlook

Pros

Salary, vacation and other benefits.

Cons

In my 15 years of IT career, I did not work in such a negative and highly political environment. The "power" is concentrated in NY and London and the people who are working there for ages do not want you to succeed. The so called architects or managers do not have idea about the current technologies and are not open to any new idea/suggestion and feel threatened, Most of the managers in NY really treat really bad, yes this is true. The same goes with their preferred vendor who's not ready to share knowledge and would treat you like an enemy... The recruiters may promise you many things like green card processing/perks/work from home etc and after joining the company you'd get a shock !.. most of the recruiters are contractors who use companies email id and give you impression that he/she is from HR, do not fall for it. I know at least 4-5 people who left the company in first 3-6 months that speak about the culture and environment which is very political.

5.0
Jul 26, 2016
Recommend
CEO approval
Business Outlook

Pros

The bank cares for its employees, which can be seen by the policies implemented for employee benefit. The environment is chilled out and you arnt scorned for asking any obvious questions. Transport facility saves travel stress and conveyance. Salary is above average compared to local competitors.

Cons

The company being top heavy, one needs to have patience to get promotions. 2 years is average tenure after which you get promoted. Less visibility of how your work helps the company's top line or bottom line , thus affecting your motivation to work.

1.0
Feb 26, 2014
Recommend
CEO approval
Business Outlook

Pros

Pay competitive. Decent banking benefits. 401k, vacation, bonus. Some decent people

Cons

The opportunity was to work as part of a "start-up" building exciting technology which will transform the bank. The reality is completely different. The "work" is mundane, soul destroying GWT development of payment systems within an oversized team with far too many managers who walk around like they own the place. The technology stack is so far out of date - yet we are wedded to it because somebody, somewhere decided it was the right thing. It is too 2005 and this is 2014. Wake up!!! Suggesting anything else is pointless as our managers do not own the decisions or are scared to challenge anything. I stupidly moved from a real technology company where we had a purpose and the environment was pleasant. I moved for the change in money and the oversold prospects.. I regretted every day since to the point I found another job. The craziest thing is that everyone moans about how bad the political situation is and they put up with it for the money only. This explains why the majority of staff are uninspired and lacking passion for the work. The senior team are has-beens and are in no way visionary, even if they like to proclaim they are. Any interaction with London or New York feels unpleasant and they control the life-line by giving us just enough or hold a carrot by promising us new work, but only after they have chewed it out and moved onto the next thing. The facilities are very poor. The toilets are always smelly, the meeting rooms are scrappy and you have to drive to get food or a coffee. Zero training. Agile in a day was pathetic and meaningless when the only work we do is death-marched. If we are singularly focused on metrics - take the metric for how many people are happy.

Viewing 25 - 27 of 12,817 Reviews

Glassdoor has 16,266 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.