stagnant salaries, limited promotions, outsourcing to Bangalore - IT Project Manager Deutsche Bank Employee Review

2.0
Nov 15, 2022
Recommend
CEO approval
Business outlook

Pros

Very nice new office in Manhattan, opportunities to take free technical training courses, reasonable benefits, better than average vacation days

Cons

Salaries have not been inflation adjusted for 3+ years (effectively a 15-20% salary cut), promotions are very limited internally (and impacted by DEI pressures), extreme cost controls lead to outsourcing overseas and direct competition with H1B visa candidates in the US.

Explore other reviews about Deutsche Bank

5.0
May 19, 2026
Recommend
CEO approval
Business outlook

Pros

The work-life balance is good and teams are generally relaxed

Cons

The salary could be higher

2.0
Jun 15, 2026
Recommend
CEO approval
Business outlook

Pros

Experience working in a global bank.

Cons

Poor work life balance. IT is terrible. Lazy people and troublemakers are promoted.

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