Erste Group reviews

4.1

83% would recommend to a friend

(325 total reviews)
avatar

Peter Bosek

77% approve of CEO

85% positive business outlook

Erste Group has an employee rating of 4.1 out of 5 stars, based on 325 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Erste Group 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

325 reviews
3.0
Apr 25, 2015
Recommend
CEO approval
Business Outlook

Pros

Possible to work in really different areas. Not that much levels within the organisation. Direct line to mid and top management. Perfect work life balance. Nice location (Vienna center). Vienna is a very, very nice place to live.

Cons

Very, very political, some weak mid management "no decision makers" . Legal is king. Due market environment and market structure (austrian retail market is an oligopoly) a lot of people concentrate on internal politics.

2.0
Jan 7, 2015
Recommend
CEO approval
Business Outlook

Pros

Nice view from the main buildings. Chance to move in the CEE group to countries with more fruitful economic environment.

Cons

The company culture favours scapegoating. People are affraid of taking responsibility, decisions are delayed or not made at all at mid-mgmt or lower levels. The upper mgmt seems to lost connection to reality, they rarely perceive it. The working environment and day-to-day tasks are made stresseful by superiors and the company has been producing huge chunks of losses for 5 consecutive years now. Expectations for this year is also quite low.

Viewing 301 - 303 of 325 Reviews

Glassdoor has 565 Erste Group reviews submitted anonymously by Erste Group employees. Read employee reviews and ratings on Glassdoor to decide if Erste Group is right for you.