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Deutsche Bank

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Deutsche Bank

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Deutsche Bank Benefits FAQ

Read what Deutsche Bank employees think about benefits at the company.

The most popular benefits at Deutsche Bank include Health Insurance, Maternity & Paternity Leave and 401K Plan. If you want to see a full list of benefits and perks at Deutsche Bank listed by categories, head to their Benefits page. From insurance, health and wellness to vacation and more, find out what you could benefit from when working at Deutsche Bank.

All answers shown come directly from Deutsche Bank Reviews and are not edited or altered.

What is the retirement plan like at Deutsche Bank?

14 English reviews out of 14

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April 29, 2021

Pros

Great vacation benefits package with 401k saving match. Direct managers are for the most part down to earth.

Cons

Always have to defend reputation to peers and family. A handful of tough personalities

Great vacation benefits package with 401k saving match.

April 29, 2021

Reviewed by: Assistant Vice President in New York, NY (Current Employee)

June 10, 2022

Pros

Good healthcare, 401k match and benefits

Cons

Raises are not keeping up with inflation

Advice to Management

Give people what they deserve

Good healthcare, 401k match and benefits

June 10, 2022

Reviewed by: Senior Manager in New York, NY (Current Employee)

June 2, 2022

Pros

Great Benefits and simple 401k rollover

Cons

Promotion and salary increases are determined by individuals in Germany

Advice to Management

Promote internally

Great Benefits and simple 401k rollover

June 2, 2022

Reviewed by: Middle Office Analyst in Jacksonville, FL (Former Employee)

June 27, 2020

Pros

Wide scope of businesses covered Capable new CEO Excellent US CEO

Cons

No investment into staff development No interest in fostering even recognized outperformers Abysmal IT resources (people) and infrastructure. The pits! Zero manager oversight A lot of talk from management, and very little execution Terrible company culture Uncompetitive benefits (401k match is a pathetic 4%) Uncompetitive bonuses (4%)

Advice to Management

Invest in your people. Give some concern for their growth and development. How many people must leave before you get a hint? Establish upward reviews of one's managers - if you have a terrible manage and never speak to their manager, you are trapped! Allow people to pilot new value-adding ideas instead of just making products for the sole benefit of regulators

Uncompetitive benefits (401k match is a pathetic 4%)

June 27, 2020

Reviewed by: Prefer Not To Say in New York, NY (Current Employee)

March 5, 2022

Pros

Good Benefits, parental leave, 401k match

Cons

Zero Wage growth year over year despite overachieving on year end reviews. Little support during the pandemic and expected to buy your own equipment eg laptop No growth in the US you are viewed as an expensive employee and they want to move your role to a low cost location. Don't expect any support from your manager they will talk about work life balance and mental health but it's just talk you are overburdened with work and they will not hire additional support. Expect to work 10-12 hours a day be available for meetings from 7am and have to work occasional weekends

Advice to Management

Support your employees by providing equipment when needed. Stop cutting HC from teams and expecting the remainder of the team to pick up the work, management tends to classify this as efficiency gains when the fact is the rest of the team absorbs the work and works and additional 5+ hours a week to employees. Reward good work not just by sending an email once a quarter but by actually offering pay increases and stop cutting bonus payments year over year and tell employees to suck it up. When the job market was tight they exploited employees by cutting HC and making everyone work longer hours and people were afraid to speak up for fear of losing they jobs.

Good Benefits, parental leave, 401k match

March 5, 2022

Reviewed by: Senior Vice President Finance in New York, NY (Former Employee)

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14 English reviews out of 14

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For 150 years, Deutsche Bank has been connecting worlds to help people and businesses get to where they want to be. Deutsche Bank was...More

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This is the employer's chance to tell you why you should work for them. The information provided is from their perspective.

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Company Updates

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Deutsche Bank

610 days ago

And the winner of our 2021 ‘Banking on AI for Accessibility’ Hackathon is… SignSense - the team from London and Birmingham! This year’s Hackathon focused on using AI to create an effective banking service that has accessibility and inclusivity at its foundation. The team produced a real-time sign language interpreter. Using any webcam, the software can translate sign language into text using the GCP’s image recognition APIs. This enables real time communication for signers with people who cannot read (a variant of) sign language. We’re immensely proud of their efforts to make banking more inclusive and look forward to seeing how the project develops. Congratulations to everyone involved - there were some incredible ideas all from more than 1200 participants across the world! #dbTechHackathon #EngineerTheFuture #PositiveImpact
Deutsche Bank 24-Hours Hackathon
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Deutsche Bank

625 days ago

Kam is a Director within the Corporate Bank in New York. She has built her career with us through a series of internal moves - supported by managers who saw her potential even before she did. They encouraged her to push herself out of her comfort zone from an early stage. As a senior member of the team, she’s committed to providing guidance to more junior colleagues, bringing them along to meetings and introducing them to key projects. It’s just one of the ways she’s helping people thrive – whatever their level or background. Read more about what we're doing to create a more inclusive workplace and sign up to our talent pool: #MoreThanBanking #CareerPossibilities #PositiveImpact
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