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
Mar 13, 2017

Erste Group - work/life balance very good

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A great place to work if work/life balance is more important to you than compensation

Cons

rigid in structure - less flexible in thought process than many institutions.

2.0
Sep 16, 2015

Slow, bueroctatic

Recommend
CEO approval
Business Outlook

Pros

HQ building is located at good place. Interiors of the office, and equipments are good. Working from home desk is possible in some jobs

Cons

Very slow processes, old fashioned IT apps., lack of competence, internal politics etc. No strategy or if any, no consequent tactics. Bank has a huge retail esp. standard retail focus (credit card, personal loans, salary clients) count this when you want to apply to any position. And....Just look on any job site and you see how current employees left the bank....

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.

Viewing 160 - 162 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.