Deutsche Bank Reviews

3.8

71% would recommend to a friend

(12,860 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 12,860 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 Finance industry (3.7 stars).

Reviews by job title

13K reviews
3.0
20 Jan 2014

Could improve on people management

Recommend
CEO approval
Business outlook

Pros

Working with some of the highliest skilled people in the industry with expansion in some of the most interesting markets. Very diverse staff, client, product and operating platform Comparatively good staff benefits Ongoing growth and opportunities particularly in Asia (despite of onsite job cut-downs due to ongoing smart- and outsourcing of processes into low-payment hubs in Manila, Berlin, Mumbai, New Jersey etc)

Cons

Global senior management in Deutsche continues to very much be an old boy's club, chauvinism is omnipresent at this level, and gender discrimination is very common in mid and senior levels and part of the company culture (despite official policies and speeches). Similar discrepancies between official and inofficial company cultural values in many other areas. As an MD or Dir, be prepared to deal with a comparatively high rate of politics and silo-mentality standing in the way of efficiency and bank-wide cooperation Experimental minor and major restructurings, which often are short-sighted unaligned measures of pure activism, are ever present. Many things tend to go back to where they were after a certain amount of time - of course, as in many places, going back to former solutions is usually sold as yet another big innovation, not as a strategic mistake being corrected. Low buy-ins into and unspoken boycots of restructuring measures by mid and senior managers as a result. Recent year cost cutting programs and smartsourcing of jobs result in overall low job morale, resignation and frustration.

1.0
27 Oct 2019

Worst Job Experience ever, never join them

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

1 - Absolutely no care if you perform, so if you are lazy, sick all the time, you will be fine. 2 - Can play the gender or minority card and you can get a stable job without any results required. 3 - Great opportunities if you are fresh grads and fine to bring coffee to people who pretend working. 4 - Can come around 9h30am, do lunch break for 2 hours, go to gym for 1hour and finish around 5pm. 5 - As far as you suck up to 1 or 2 MD you don't need to speak to anyone below D-Level or in any other department as inclusivity is not meant for untermensch below VP level, you have the recreational club for that.

Cons

1 - Zero merit driven, it is pure politics and the right demographics, 2 - Management only trained to cut costs and have no clue about the market they service, 3 - Constant turn over of managers (in 5 years, I had 7 managers who had no clue of what they were doing), 4 - Zero Bonus 5 - Every quarter, witch hunt to fire your colleague sitting next to you, you can imagine the great team work environment 6 - Technology is all outsourced so you have thousands of applications/databases/intranets/MyDB and thousand of tools for the same purpose, but without any support. 7 - You re pretty much left by yourself, no-one has interest in helping each other anyway. 8 - The non-sense communication level is extreme: you will see opportunistic travels for young grads who are on the digitalisation or AI or virtual banking to attend useless conferences, whereas RTB team managers will have no opportunity to meet their team mates they have been working for 4years. 9 - You will work with dinosaurs who politically saved their jobs for the last 15years, so new joiners are only there to fix their urgent issue and go, not to become a new competitor in the survivor game.

1.0
7 May 2018

Poor working environment

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Decent salary for working hours Good medical benefits

Cons

Too many to mention all but seriously the worst place to work at if you have to work under my department head. Department head has very clearly showed differential treatment to newcomers (young fresh graduates) opposed to the older workers. No bonus at all for the past years I'm working here. Pay has been constant all these while. Examples: New staff (just came in to work a week ago has given clearance for the next 2 weeks for leave) while existing staff has to plead her to approve our leave. Tone of talking to new staff VS old staff is very clear; very friendly and kind (even asking the young ladies out for desserts while old staff is treated like transparent, and having to do all the assigned work while the department head takes all of the new staff out). Department head has a pet that bootlicks and buys dessert after every lunch. This staff is always at D.H. table for chit chat session, laughing super loudly while older staff works like a slave for the company (and yet effort is never recognised because of the D.H). Her "pet-dog" is always also given simple tasks, while D.H. delegates all the other work to me, and yet this pet always complains she is busy). This makes work super unbearable, due to the unfair treatment.

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