Deutsche Bank reviews

3.8

71% would recommend to a friend

(12,868 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 12,868 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
Jul 4, 2024
Recommend
CEO approval
Business Outlook

Pros

Very much a 9-5 job. Good work life balance. Generous vacation.

Cons

Keep in mind I worked at the New York office. The morale at the office is terrible. They offer a hybrid arrangement (three days in office) but one of the days must be a Monday or Friday. You will almost NEVER get a raise. Whatever salary you come in at is where you will stay. Look at other reviews if you don’t believe me. The bonus structure is sketchy. They changed the calculation in 2023 and nobody understands it. When you quit they don’t pay out for unused vacation. They are the cheapest organization I’ve ever worked for. There are layoffs every quarter. The office is an open floor with no assigned desks. You get a locker like you are in high school. Should I go on? Maybe in Germany it is different, I don’t know.

1.0
Jun 12, 2024

Don't

Recommend
CEO approval
Business Outlook

Pros

They will pay you a salary.

Cons

You will use that salary to pay for your mental health issues from working here.

2.0
Mar 9, 2024

You Are Not Valued

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

My immediate group of co-workers are great and work/life balance has been good so far. Good amount of PTO given.

Cons

You will not get a raise unless you are promoted, which is difficult to accomplish, especially in their very heavy DEI culture. It doesn't matter if you are a top performer and regular go above and beyond your role. The fact that everyone is dealing with insanely high inflation and cost of living increases does not matter to the decision-makers in Germany. Training is mediocre at best. You are provided training when you first join but it does not cover everything and there are little to no references you go turn to for help. You will only know you did something wrong when your supervisor points it out. Training is essentially learning from your mistakes during your first year.

Viewing 202 - 204 of 12,868 Reviews

Glassdoor has 16,340 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.