Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,813 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 12,813 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 Finanzen industry (3.7 stars).

Reviews by job title

13K reviews
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 The technology stack is so far out of date - yet we are wedded to it because somebody, somewhere decided it was the right thing.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.

2.0
Feb 13, 2014
Recommend
CEO approval
Business Outlook

Pros

Being a bulge bracket investment bank in an area evolved for technology and pharm companies means it pays far more than the local area. There has been some progress where certain applications are now led from the center, but the majority is still "augmentation" with NYC and London calling the shots. If you like constant change, then this is the place for you. Frequent reshuffles and changes in leadership happen, so you could see this as an opportunity if you can stick it out. Deutsche Bank is undergoing a large scale refactoring akin to the Final Solution, jobs are being created in low-cost centers like Cary, so this creates opportunity. Promotion is possible - Keep your eyes open and turn up then you will get promoted and receive a fat bonus It is undergoing some changes to the building, the environment is spacious with lots of walls to put post-it notes on. There is now more meeting rooms than people - which is good. Lots of communication from senior managers at the beginning and end of year. A great choice of food trucks for lunch.

Cons

Cary does "BAU" and stuff that is either not difficult or interesting enough for London to want it. It is not a "Technology Center" or a "center of excellence" it's just cheaper than working in London and we get the work when London is downsized. The CTC, as it is now known, underwent significant growth in 2013, then is retracting again in 2014 with a hire-freeze and mass firing. As the other reviewer mention its is a flailing investment bank and it has recently woke up and realized it has too many people and it is not making enough money to keep them. Don't worry though, if you can code it will be a long way to get to you. Little communication from senior managers outside of the beginning and end of year. Forced ranking. The hiring process is bad... and you wondered why you stuck it out. The recruitment team were often to blame but the HR team must accept the majority. Escalate and make enough noise, then HR wakes up - but why then? Most of us need jobs for our families. Make sure you are financially stable and able to take the time out to be on boarded otherwise you will find it V. STRESSFUL. Agile adoption has become comical. Even if we wanted it; the external bank thinks it is developer jumbo that can be overridden if they shout loud enough. They let the agile coaches go, so our walls are full of stagnant yellow notes, toolboxes of avatars and broken dreams. The place is awash with QA engineers, Scrum Masters and Technical Program Managers. Lots of managers. Pretty much everyone apart from coders. Our town halls are always long and contains announcements about tools. We have never seen the tools. Did I mention the politics? It is sickening. No matter how much they pay the sugar I still have a bad taste.

Viewing 25 - 27 of 12,813 Reviews

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