Disappointing and Unchallenging Work Environment - Recensione dipendente - Principal presso EBRD

2,0
19 set 2024
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Strong Mission and Global Impact Despite internal challenges, EBRD’s mission of fostering economic transition and development in emerging markets can be highly rewarding for those passionate about international development. Diverse and International Environment Working with colleagues from across the globe allows for exposure to different ways of thinking and problem-solving, which can be a positive aspect of the job. Work-Life Balance The Bank promotes flexible working arrangements, which can help mitigate some of the stress that comes from its demanding environment.

Svantaggi

Poor Management and Lack of Leadership Skills A recurring complaint is that people without proper managerial skills are often promoted into leadership roles. This results in inefficiency, poor team morale, and an overall lack of direction. Employees report feeling micromanaged or, conversely, neglected, depending on the team. There seems to be no clear criteria for promoting people to managerial positions, leading to a situation where capable staff are often passed over in favor of less qualified individuals. No Career Progression Career progression at EBRD is another major issue. Employees frequently find themselves stuck in the same role for years, with very few opportunities for advancement. Many individuals remain in the same position for decades, with no meaningful career development or promotion pathways in place. This stagnation can be highly discouraging for ambitious professionals who want to grow and take on new challenges. Internal mobility and promotions are rare, and there is a general sense that career progression is not a priority for management. Demoralizing Environment The combination of poor management, lack of career growth, and a toxic workplace culture creates a deeply discouraging environment. For many, the experience of working at EBRD becomes more about endurance than development, with little reward for hard work or innovative ideas. The bank's rigid structure and unwillingness to adapt to modern management practices leave employees feeling stuck and undervalued. Unnecessary Longevity in Positions It's common to find people who have been in the same role for 10 years or more, which contributes to the stagnation. This lack of turnover, coupled with an outdated approach to talent management, means that fresh perspectives and new ideas are often stifled. The reluctance to shake things up or introduce new ways of thinking makes it difficult for the organization to evolve, and this inertia is felt by staff at all levels.

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Risposta di EBRD
1y
Thank you for sharing your concerns. At EBRD, we value open communication and feedback from our employees. We'd appreciate the opportunity to discuss your experience further and find ways to improve. Please consider connecting with our HR team, or your management, to share more details. At the same time we are glad you identified also positive aspects of EBRD career. Best, Nawel TA Team

Esplora altre recensioni su EBRD

5,0
7 mag 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Nice culture to start with

Svantaggi

I don't think if any

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Risposta di EBRD
1y
Thank you for taking the time to share this positive feedback, and for your contributions during your time at EBRD. It’s great to hear that you found the culture welcoming and supportive — fostering a positive and inclusive work environment is a continued priority across the organisation. Your kind words and encouragement are truly appreciated. Wishing you all the best in your next professional chapter. Marija Ilic Talent Acquisition Associate
2,0
27 dic 2023
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

International exposure to emerging market interesting and talented junior colleagues

Svantaggi

- Managers do not care about juniors career progression and some do not have integrity - Work is repetitive once you understand it and lacks challenges, which means many works are highly AI replaceable - The quality of mid-management really varies, Some talented mid senior people are quiet while mediocre take the place. - Reacts slow to market and some red tapes - Not a resourceful bank in terms of reputation and benefits

6
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Risposta di EBRD
2y
We love hearing from our former employees to identify areas of opportunity and growth. We have been committed to developing an ever-expanding array of developmental opportunities and resources for all employees, especially within internal hiring opportunities, which has been a growth in recent years. Onkar Hayer Recruitment Coordinator
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