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
Sep 1, 2012

Backwater with great work-life balance

Recommend
CEO approval
Business Outlook

Pros

Not stressful, great location in the first district (for now), not much overtime, relaxed atmosphere at work. Job is versatile, chances to broaden the scope and look beyond the immediate responsibilities.

Cons

Very second-tier, not really challenging from a professional point of view, low pay, poor prospects for career development. IT is a mess. Poor internal project management.

2.0
Jul 24, 2012

Chaotic and bureaucratic

Recommend
CEO approval
Business Outlook

Pros

- Working hours. Everyone is out of the office after 6pm. - Flexible when it comes to changing within the bank (from one country or department to another). - Job security

Cons

- Basically no leadership. Everyone pulls into a different direction, tons of small battles between department heads. - Horrible company culture. Extremely top-down management style and no communication between managers and lower employees or between departments. Even employees make fun of the firm. - A lot of underachievers. During my three years there, I've never even heard of anyone getting sacked.

2.0
Aug 28, 2011

Learning opportunity of what not to do

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Cannot think of any at the moment - I guess easily recognized brand name in CEE region, but its not necessarily a pro.

Cons

Weak upper management team in head office that plays into the hands of junior employees Lack of "culture" No communication Management does not stick to established KPI's and changes the rules of the game whenever it pleases

Viewing 319 - 321 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.