EBRD Employee Reviews about "work life balance"

Updated 18 Jan 2021

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Found 61 of over 372 reviews

3.8
73%
Recommend to a Friend
66%
Approve of CEO
EBRD President Suma Chakrabarti
Suma Chakrabarti
135 Ratings
Pros
  • "It’s a very professional place to work and also provides a good work life balance(in 62 reviews)

  • "Great working environment and to meet people in the business(in 23 reviews)

  • Cons
  • "Con: Limited career progression opportunities(in 21 reviews)

  • "Senior Management should regularly refresh - they stay for too long(in 19 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Reviews about "work life balance"

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    1. 5.0
      Former Employee

      Wonderful place that strives to be better

      23 Dec 2020 - Communications 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Lovely group of people to work with. Thus far, still the nicest, politest and intelligent working collective I’ve come across It’s a forward thinking company that are constantly looking at improvement of their work environment and are striving to evolve in stride with the digital & work/life balance needs of the modern society

      Cons

      This place is better suited for someone who would like to stay here for a long time It can be quite slow paced

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    2. 4.0
      Current Employee, more than 3 years

      A very international and interesting place to work

      8 Jan 2021 - Associate Banker in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Multicultural and international colleagues, interesting projects in challenging economic environments, good work/life balance

      Cons

      Bureaucratic, lower compensation package comparing to other comparable organisations and private sector

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    3. 4.0
      Current Employee, more than 3 years

      EBRD

      18 Jan 2021 - Anonymous Employee in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good work/life balance Intersting projects Impactful

      Cons

      Old-School, bureaucratic Lack of clarity where the company is going

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    4. 3.0
      Current Employee, more than 1 year

      Mixed experience - not the best place to start your career

      29 Aug 2020 - Analyst in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      People: Lots of ambitious, smart and fun colleagues (particular at the junior level) who care about the mission of the Bank. Mission of the Bank: You have the chance to do meaning- and impactful work that really makes a difference in the countries where the EBRD operates. Compared to some other development work, where you spent a lot of time writing reports that nobody reads, here the results of your work are tangible and visible (or at least can be). International work environment: having colleagues from all over the world is a very enriching experience. There are possibilities for international mobility (work in one of the country offices), if you are keen on this. Salary: Salaries are generally good, even though they are lacking behind other IFIs. Benefits have deteriorated in recent years but are still decent. Salaries for interns are very competitive. WLB: Work life balance is generally very good, even though hours can be long in some departments (not comparable to commercial banks however). For many, it's a 9am-6pm job.

      Cons

      Limited room for growth and slow career progression: There is no meritocratic, structured and transparent career model in place. It is not clear what is required to advance within the Bank. Professional development is not a priority and there is no strong feedback culture. Poor talent management: There is no commitment to develop, grow and retain young talent. There is much uncertainty about contracts (see point below), as a result staff turnover is very high (at least in some departments). People understandably leave for employers that invest in them and demonstrate commitment towards their work and their careers. Precarious employment: many of the more junior staff are employed on short-term (often donor-funded) contracts with limited benefits. In many cases, there is no clarity if contracts can be extended, if funding is available etc. This leads to absurd situations where a few weeks before contracts expire, no one knows if you'll be able to stay. Consultancy contracts are also widespread - you do the same work as regular staff but with zero benefits (this practice is unfortunately common across many International Organizations). Middle management: the quality of middle management varies considerably. There are great line managers but there are also people in these positions with no capability or interest to manage even a small team. There often is very limited guidance from line managers and teams can be highly unorganized. People are promoted based on years of experience with the Bank and not based on their leadership and management abilities. In general, the management of the Bank is filled with people who have spent nearly their entire careers at EBRD - this is sometimes not to the organization's benefit. Bureaucracy and IT: Every large organization struggles with bureaucracy and office politics, but the ERBD is unlike anything I've experience before. Some departments have the opposite of a "get things done" and "can do" attitude - it's heavily process- instead of results-oriented. This can be incredibly frustrating. IT is outdated, even though the situation seems to be improving. All in all: If you are an ambitious and dynamic young professional who is eager to learn, grow and advance in your career, there are better opportunities.

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      14 people found this review helpful
    5. 4.0
      Current Employee

      ***

      19 Sep 2020 - Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great work-life balance, great people to work with

      Cons

      Limited upward mobility; too process heavy

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    6. 4.0
      Former Employee

      EBRD salary

      10 Sep 2020 - Senior Counsel in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The good life-work balance ratio

      Cons

      Low career opportunities due to holders of the positions

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    7. 3.0
      Former Employee, more than 1 year

      Individual Consultant

      18 Aug 2020 - Individual Consultant in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      work, life balance, good renumeration

      Cons

      no diversity, no other pros

      1 person found this review helpful
    8. 5.0
      Former Employee, more than 5 years

      Great work experience !!!

      18 Feb 2020 - Anonymous Employee in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      I worked at the bank for a few years. It was a wonderful experience. The other employees were great and friendly. It’s a very professional place to work and also provides a good work life balance.

      Cons

      None I loved it there.

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      1 person found this review helpful
    9. 3.0
      Current Employee

      Associate

      5 Jul 2020 - Associate in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great Work-life balance without the need to work during weekends

      Cons

      Poor career development with too much bureaucracy

      2 people found this review helpful
    10. 3.0
      Former Contractor, more than 10 years

      Outsourcing of IT

      24 Aug 2019 - ITSM Sector in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Friendly place to work, great benefits for permanent employees. Good work/life balance.

      Cons

      The EBRD IT department is having its very own Brexit scenario. The outsource (leave) campaign was overplayed with a promise of unrealistic financial benefit. The previous high service level from a small team of long-standing members with a wide range of technical experience and all performing 1st, 2nd and 3rd line support, was an unusual model for a service desk. It was cost-effective and efficient, but its value was overlooked. The IT dept was a shadow of its former self when I left earlier this year, moral was low amongst the remaining staff as more and more top level management were recruited and skilled workers were replaced with inexperienced tech from the new Indian service provider.

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      1 person found this review helpful
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