EBRD Employee Reviews about "interesting projects"

Pros

Friendly environment, interesting projects in various countries of operations

Cons

No paid annual leave or benefits for interns

Pros

Intercultural working environment, interesting projects, committed and friendly colleagues, many internal development opportunities (i.e. trainings), flexible working possible

Cons

depends a lot on the line manager and the team, very slow in decision

Pros

Very interesting projects and smart people. Lots of responsibility and flexibility.

Cons

Badly managed bank with no strategy, no structure and in chaos.

Advice to Management

Start managing the bank.

Pros

- Smart, experienced and well-educated people; - International setting with many interesting projects; - Job security - it is difficult to get fired if you have a permanent contact;

Cons

- Obsolete mission and purpose. The Bank was created in the 1990s to support the transition from centrally planned to market-based economies in post-communist country. This is no longer a relevant mission for many of the countries, in which the Bank operates. EBRD should reform itself to stay relevant! - Senior management does not have a clear vision about the Bank's future. President is more skilled politics than... running a business enterprise; - Huge bureaucracy, which causes slow decision-making and makes the institution inefficient; - Many important decisions are influence by internal politics, which makes the overall decision-making non-transparent; - Centralised decision-making. Resident office has no freedom to make independent decision; - Salaries are average, not great. Salary increases are meagre even when you get promoted.

Advice to Management

- Define a reform strategy with clear, practical objectives so that EBRD becomes a more flexible, market-oriented institution. - Be prepared to take more risk when financing projects; - Decentralise - give more decision-making authorities to the resident offices; - Link salaries to individual performance; - Reduce the number of senior staff. Promote people on the basis of their qualities and contribution, not... politics.

Pros

Interesting projects and good exposure

Cons

Bureaucratic and slow, culture weights you down

Pros

originally great and noble objective excellent learning opportunities for junior bankers interesting projects

Cons

It seems the bank is being used by its current President as an instrument for self-promotion to a disastrous effect for the bank's operations, internal environment and employee morale.

Pros

Good work life balance, working on interesting projects which have an impact on developing countries and communities, working with smart people from many countries and backgrounds, good benefits (gym, canteen, health insurance...), ethical place to work.

Cons

Senior management has been at the bank for decades and seem clueless as to how to run a bank. Good performance is not rewarded which is good for some people, not for others.

Advice to Management

Needs new management with experience outside the bank. Needs more incentives for employees to perform.

Pros

The Bank has a good mission and provides the opportunity to work on interesting projects

Cons

Can be bureaucratic at times

Advice to Management

Slow down the proliferation of management positions