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
4.0
Nov 5, 2014

Long term employment

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You can try yourself in different areas within the company, either in your home country or in foreign branches, as well. They have a program which helps the rotation and opens up new career opportunities. New product ideas are always welcome, the working environment is very friendly. Once you are accepted, they count on you on the long term.

Cons

In the last couple of years, the approval process of a new product became heavily bureaucratic and it might slow down the development of your area. Also, the decision making and responsibility was spread between too many departments (similar to other banks) and you have to sit in seemingly endless meetings until a small change in the operation can be implemented.

4.0
Aug 8, 2014

Company review

Recommend
CEO approval
Business Outlook

Pros

Oppertunities to move around internally. Some excellent education programs. Long holidays and soft benefits. Relaxed atmosphere - not too much preassure.

Cons

At the moment hard to make a caerrer as the bank is shrinking due to CEE. Big salary differences if you started here compared to in house developed staff.

4.0
Jun 3, 2014

So far, so good

Recommend
CEO approval
Business Outlook

Pros

The environment was quite stable, some colleagues were motivated to move things forward, overall was quite OK. Work-life balance was also there, no overtime was required and it wasn't part of the company culture to stay late in the office. Also the trainings and the training budget was a decent one.

Cons

No real possibilities to grow. Some positions were artificially created just so that people are rewarded for being for a long time there and so on. The overall atmosphere was not the best one. As there were many changes, people weren't focusing on their jobs, but more on gossiping and that ruined the moral of the *workers*. Also the innovation was partially missing, but this changed as Erste did a new company with focus only on it.

Viewing 307 - 309 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.