EBRD Manager Reviews | Glassdoor.co.uk

EBRD Manager Reviews

Updated 11 Feb 2020

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3.0
32%
Recommend to a Friend
32%
Approve of CEO
EBRD President Suma Chakrabarti
Suma Chakrabarti
6 Ratings
  1. "Fantastic place!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Project Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at EBRD for less than a year

    Pros

    Open to innovations, changing and exciting

    Cons

    None for me, great experience

    EBRD2019-09-16
  2. Helpful (2)

    "Institution in existential crisis with unclear future and goals"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at EBRD full-time for more than 5 years

    Pros

    Mission, multicultural environment and tax exempt status

    Cons

    Ongoing risk of outsourcing for staff in certain departments negatively affects people's mental and physical health. Crumbling IT after being outsourced to India. Senior management does not care about the staff. Middle management is of extremely poor quality, only caring about retirement and pleasing senior management. People are overworked, underappreciated and demotivated.

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    EBRD2020-02-11
  3. Helpful (2)

    "work life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Principal Risk Manager in London, England
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at EBRD full-time for more than 8 years

    Pros

    work life balance, opportunity to have a wider impact in the organisation

    Cons

    meritocracy is less important than networking and office politics

    Continue reading
    EBRD2016-02-04
  4. "ok"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager in London, England
    Recommends
    Neutral Outlook

    I have been working at EBRD full-time for more than 10 years

    Pros

    good location, benefits, staff restaurant

    Cons

    Efforts are not rewarded, management does little to motivate

    EBRD2016-02-07
  5. Helpful (10)

    "Getting worse by the day!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Principal Manager in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at EBRD for more than 5 years

    Pros

    Good pay and benefits. Great work life balance initiatives (depends on your dept). Sounds good on a CV

    Cons

    Very bureaucratic. The divide between top management and staff seems to be widening further. Career progression now worse.

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    EBRD2015-11-17
  6. Helpful (5)

    "The Continuing Downward Spiral...."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Managing Director in London, England
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at EBRD full-time for more than 5 years

    Pros

    Non-demanding workload and living in London. Remuneration is good considering the actual requirements of the position.

    Cons

    EBRD is an organization with an innate and abiding love of dysfunctional bureaucracy, booty-licking and path-following projects

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    EBRD2015-10-22
  7. Helpful (2)

    "The best days are behind us..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Manager in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at EBRD full-time for more than 8 years

    Pros

    You can still make a difference if you manage to navigate the organisation.

    Cons

    Increasingly hierarchical, losing focus on operations, follow-the-leader cult. HR is useless, and increasingly fad-driven. Increasing job insecurity for junior staff is tilting the organisation to inverse pyramid structure, and will create big problems soon.

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    EBRD2015-03-21
  8. "Temple of beaurocracy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Procurement Manager in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at EBRD full-time for more than a year

    Pros

    Lovely subsidised staff restaurant Highly paid for what you do Other benefits

    Cons

    Management are out of touch beauraucrats More interested in processes and compliance than anything else Other comp and benefits

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    EBRD2014-05-09
  9. Helpful (1)

    "Good place to work if you find your niche"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Manager in London, England
    Recommends
    Positive Outlook

    I have been working at EBRD full-time for more than 8 years

    Pros

    Interesting projects, interesting countries to work in. Colleagues are great too, there are very few of the full-of-themselves city boys and girls here. Directors are usually very good, higher up it gets a bit more variable.

    Cons

    Senior management is too stale, place is becoming more and more bureaucratic. Career chances are not great, but as I said, if you have found your niche, you can do what you like and have some freedom in it. If your niche is to make lots of money quickly and rapidly move up the greasy pole, this is not your place to work in.

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    EBRD2013-10-09
  10. Helpful (3)

    "Very good experience, but glass ceilings exist for non-EU nationals."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager in Moscow
    Recommends
    Positive Outlook

    I have been working at EBRD full-time for more than 3 years

    Pros

    high quality professional on ther team, many committed to the cause (market economy transition mandate), very good-tempered, if not all.

    Cons

    Very difficult to get promiotions. Internally promoted candidates get a much lower salary increase as comnpared to externally-hired candidates, so best option for a promotion is to leave and then come back after some years for a higher position. 32% of the base salary I listed can only be cashed-out in the following manner: 8% of the salary - after first 3 years of work, 24% - after retirement or termination of employment. So changing jobs withing 3 years kills 32% of the salary.

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    EBRD2013-10-09

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