Deutsche Bank reviews

3.8

71% would recommend to a friend

(12,850 total reviews)
avatar

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 12,850 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 Financial Services industry (3.7 stars).

Reviews by job title

13K reviews
1.0
Feb 10, 2014
Recommend
CEO approval
Business Outlook

Pros

Not sure if there are any

Cons

Career/Compensation. This is a black hole of hiring analysts/associates and keeping them junior till they have no other option but to leave. The general perception on the street is pretty bad for DBCenter.(Goldman's Salt Lake City office is considered far better) Essentially the problem is a lot of Vertical Managers who should be in HR but are making decisions that they do not understand. To move up in the organization, it becomes important to be on their good side, rather than do good work.

2.0
Mar 11, 2024

Working at DB did not meet my expectations...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- The benefits and time off are good, especially the health insurance and maternity leave. - Main building in Jax has cafe, gym, and nurse's office, and is in a great location. - Most people that work there are friendly and approachable. - There are a lot of resource groups, and ways to get involved and meet people outside of your team.

Cons

- The pay is not the greatest. What you come in with, you will be at for a while. You basically have to promote in order to get a raise. - The promotions seem to be more political or based on favoritism, rather than merit and hard work. - Because of this, management is not typically as knowledgeable as they could be, and a lot of the job is up to the associates to figure it out. - Training is nonexistent for most roles. It's a sink or swim culture. - They have done some upgrades to the systems, but they are still slow. - They changed the hybrid schedule to a required 3 days a week, with barely 90 days' notice, to start in the summer when school is out. This is a huge inconvenience for employees, especially those that need to figure out childcare. - Morale is definitely low amongst a lot of associates. It has become very production and metrics driven, and some people have been laid off. I have heard multiple stories of employees being called out on team calls for not meeting metrics that are sometimes unreasonable. Your work-life balance is sometimes compromised in order to hit the numbers.

Viewing 61 - 63 of 12,850 Reviews

Glassdoor has 16,310 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.