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
Dec 14, 2012

A Central European Bank

Recommend
CEO approval
Business Outlook

Pros

I have been working at erste for a few years. I like the place. The envirinment is rathe international, with an obvious central european bias. The bank is very emplyee friendly and the compensation policy is pretty fair. In a smaller scale an employee at erste faces the same challanges as an employee of a large international retail bank such as: Unicredit, Raiffeisen and HSBC or Standard Chartered.

Cons

The bank has grown very fast, but the internal structure has not been adapted. There are no clear career path. The HR department only task used to be calculating the pay checks and not it is struggling to get a real Human Resource Deaprtment role. The integration policy with the subsidiariers is based too much on the idea of the "soft touch". For this reason it is very hard at any level to make colleagues in the subsidiaries do something for the Group holding if their are not willing to.

5.0
Nov 18, 2012

Good bank.

Recommend
CEO approval
Business Outlook

Pros

Good western culture. Interesting job. Nice people. A lot of ambission.

Cons

Heavily burocratic. Impossible to get a job from other country in Austria.

4.0
Sep 19, 2012

Company Review

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Erste Group Bank AG is a good employer to work for offering much diversity. With the Head Office of the Holding based in Vienna and the banks spanning the CEE region, the work has an international flair, the opportunity to travel exists and the different bank's local strategies make it challenging.

Cons

Opportunities available within the company, in many cases, just seem to be a formailty with many positions already having the sucessful candidate selected in advance. Frustrating many a hopeful candidate. Re-orientation within the company appears more difficult than in other companies.

Viewing 316 - 318 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.