Commerzbank reviews

4.1

84% would recommend to a friend

(837 total reviews)
avatar

Manfred Knof

78% approve of CEO

66% positive business outlook

Commerzbank has an employee rating of 4.1 out of 5 stars, based on 837 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Commerzbank 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

837 reviews
4.0
Mar 18, 2016

AVP

Recommend
CEO approval
Business Outlook

Pros

Good teams, Good work life balance., Good training, Good pension. Friendly atmosphere

Cons

Declining bank, Jobs moving to Frankfurt, Investment bank being cut also moving to Germany, Jobs being outsourced Some managers are jobsworths, Bonuses are not fully paid, Pay rises are non existent in the last 5 years. Good staff have left over the last 3 years. German staff tend to be highly bureaucratic and due to strong union in Germany they are like the furniture. Not much room for progression due to shrinking size

1.0
Oct 9, 2014
Recommend
CEO approval
Business Outlook

Pros

None; except that walk-up call to all the good conscious US employees to find better home for respectful professional treatment and equal opportunity growth like any other normal institutions

Cons

- layers of Brit in top management (who particularly have no / little interest in development of local talented employees) entertwined with layers of Germany top/ mid management in very small branch - very immature leadership and rigid management style completely lack of conviction, vision and qualification esp in building and running US business in current US regulatory environment - little/ no respect and trust for local employees with jokes about hair styles, dressing code, occasionally work flexibility need due to inclement weather - only support the career development those with Brit/ German connectivity at the expense of US employees. Those who are good left for much more respectful firms - little comp adv for sure

2.0
Apr 23, 2014
Recommend
CEO approval
Business Outlook

Pros

Some good colleagues helped to soften the continual disappointment employees face. In the UK office, there were OK facilities for employees to use and a reasonable HR function.

Cons

Ultimately doomed by the inability to restructure in Germany, due to an excessively strong worker's council, employees in other regions are sacrificed instead to meet the need for cuts. I would not advise anyone to consider working here unless you are sure you have a guarantee in writing of duration of contract.

Viewing 187 - 189 of 837 Reviews

Glassdoor has 1,847 Commerzbank reviews submitted anonymously by Commerzbank employees. Read employee reviews and ratings on Glassdoor to decide if Commerzbank is right for you.