Deutsche Bank reviews

Political and slightly work-shy attitude of senior employees, which unfortunately helps you get promoted as opposed to being good at your job. Putting in extra effort is often frowned on as naive and a poor use of time (i.e. not viewed as advancing your career). Very top heavy and a lot of deadwood at Director / MD level who regularly come in late, simply do not show or more commonly, do little work but manage well upwards. Particularly prevalent in some Structuring and Risk departments. Pay is good on entry but does not reward loyalty; generally no pay rise without promotion and pay rise on promotion is small (5-10%) unless you are counter-offered. Generally career progression of employees figures low down on managers' priorities as the culture emphasises self-interest, especially given the recently dwindling bonus pots.

Senior management in Moscow IT center is very much involved in covert discrimination and political activism at the expense of quality - they push out of the organization by all means the smart, effecient employees that deliver results to the Bank's global clients and get praise from them, and replace these staff with the mediocre members of their own preferred demographic groups. If you are a Christian male in Mosow IT your chances of being promoted to anything higher than Vice President level are very slim. They don't notice you, they deride you, they keep you at arms length, withhold important information from you to make you look bad etc. All your achivements are ignored and any small mistake is magnified publicly with the purpose of driving you out. However, members of Management's own demographic group are allowed to behave obnoxiously and can do no wrong, while they are given high performance evaluation ratings and compensation. Global management is presented with bogus progress reports, data is often made up and covered up just to meet the deadlines. Planning out and thinking before acting is an unknown concept in Moscow IT center. The organizaion is being run by stressing everyone out and hysterical fits if things are not moving fast enough to meet the changing demands, that often change 5 times a day (literally).