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
2.0
May 22, 2018
Recommend
CEO approval
Business Outlook

Pros

-Humane working hours and work-life balance (it is mostly like a social club for people who want to play banking)

Cons

-No career perspectives -Very bureaucratic, slow functioning processes -Still a retail bank, not only in terms of business but also in terms of mentality of the managers

1.0
May 19, 2018

EGIT INT chaotic conditions

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Very nice fascilities (Campus not Geiselberg) in Vienna. Excelent food and kinda good discounts on banking products.

Cons

- very high turnover rate leads to extreme overtime requirements - failing projects lead to panic mode and lots of pressure to work constantly - senior management cares only about politics and power no concern for worker-bees - managers who care about us are leaving or being mobbed out - any change projects or programms fail because nobody cares about the outcome but only about how to make someone else reposnsible - external consultants are leaching out millions fom bank while failing on delivery - there is no vision of where this company is going after huge loss 2017 - extreme conflicts between Slovak and Austrian board members - backstabbing is ongoing - most senior managers are totally unqualified for thier duties and have no idea how to deal with it - some senior managers operate through fear and intimidation - manipulations of Austrian workers against Slovak workers is standard procedure this leads to silent conflicts between colleagues

4.0
Feb 11, 2026

No bad, not great

Recommend
CEO approval
Business Outlook

Pros

Office, its location. Relatively flexible and stable. Relatively modern tech stack.

Cons

Lots of buerecracy to the point where some processes practically do not work. Massive layer of middle managers who are rather a liability than an asset. An awful lot of paperwork for nothing. Astonishing level of politics.

Viewing 10 - 12 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.