Daimler Financial Services Reviews | Glassdoor.com.au

Daimler Financial Services Reviews

Updated 6 Sep 2019

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Found 59 reviews

3.6
StarStarStarStarStar
Rating TrendsRating Trends
69%
Recommend to a Friend
76%
Approve of CEO
Daimler Financial Services CEO Klaus Entenmann
Klaus Entenmann
25 Ratings
Pros
Cons
More Pros and Cons
  1. "Senior Credit Risk Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Credit Risk Analyst in Budapest
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at Daimler Financial Services full-time for less than a year

    Pros

    One of the biggest PC manufactruing Group

    Cons

    Significant cost-cutting If you are not german citizen, you have little chance for greate career perspective

    Daimler Financial Services2019-09-07
  2. "Nepotism at its best"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Daimler Financial Services full-time for more than 8 years

    Pros

    9-6pm. Job security HR pays salaries on time

    Cons

    Promotions are never based on competency and capabilities but given on who you know / married to/ relative of or your network Huge contrast in salary and opportunities between Asian vs German. Relocation for Asians are very different from Germans - germans get expat package at the same level with everything provided for, but Asians usually get local packages (where we have to pay for our own housing etc... overseas) Extremely political within teams and inter department- most of my time is spent on dealing with politics than the actual work itself (projects are usually delayed due to politics Leading to higher unnecessary costs incurred) Most of the senior managers are not highly capable nor do they focus on their people - they’re busy politicking their way up. Toxic culture. Poor leadership Strategy of “ best fit” (restructuring to cut down on opex) is hypocritical - what is best fit only applies when it’s convenient to senior managers (example, the strategy was to remove expat cost and to hire locals, however when they had to cut a role in a department and it was between a German and a local, they let the local go) and yet they are still hiring expats (who happen to be a senior managers husband/ wife / niece / relative ) on another hand Strategy to reduce cost is also hypocritical - less training and travel for lower level employees but for senior managers they still spend as per normal

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    Advice to Management

    1. Less politics will lead to less costs incurred and maybe they won’t have to let locals go 2. Learn from other companies mistakes - strategy focusing on reducing costs usually lead to the downfall of the company 3. Practice what you preach 4. Have a clear strategy - your “balanced strategy” initiative that was launched 3 years ago - you still aren’t able to explain how we can get there clearly

    Daimler Financial Services2019-08-03
  3. "IT Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - IT Consultant 

    I have been working at Daimler Financial Services full-time for more than 3 years

    Pros

    International Work Environment Further Training

    Cons

    Salary is based on Tarif level and not based on experience

    Daimler Financial Services2019-07-10
  4. "Employee friendly"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

    I have been working at Daimler Financial Services full-time

    Pros

    Great place to work. Employee friendly

    Cons

    Slow in making changes, needs more to do on digital front

    Advice to Management

    Digital is the way to go ahead

    Daimler Financial Services2019-06-25
  5. "Dynamic company but short-staffed structure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Controller 
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at Daimler Financial Services full-time for more than a year

    Pros

    Very dynamic environment with lot of freedom and empowerment. Organized processes.

    Cons

    short-staffed to attend all the business needs.

    Advice to Management

    Review the structure since it appears that some areas are short-staffed .

    Daimler Financial Services2019-06-12
  6. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Lawyer in Chicago, IL
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at Daimler Financial Services full-time for more than 3 years

    Pros

    Great benefits, flexibility, beautiful offices

    Cons

    Top management have commited a lot of mistakes.

    Daimler Financial Services2019-04-04
  7. Helpful (1)

    "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Daimler Financial Services full-time

    Pros

    DFS is a definitely great place to work. Invest a lot in people. Appreciate the people. There is clear development path.

    Cons

    Promotion *could* be political. Certain career level might not be open to Asian.

    Daimler Financial Services2019-03-26
  8. "Move you"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stuttgart
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Daimler Financial Services full-time

    Pros

    nice colleagues, agility, empower employees

    Cons

    a bit less income than Daimler AG

    Daimler Financial Services2019-03-27
  9. "Good company, ultimately disappointing experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Corporate Communications Manager 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Daimler Financial Services full-time for more than 8 years

    Pros

    Good company culture, benefits and training opportunities. In Germany, you also get 'Gleitzeit', which means every minute of overtime you work is counted.

    Cons

    The leadership in China is not geared towards supporting people or developing them. Hard work is not rewarded, socialising is. Positional development is basically a lottery, and in some fields you'll basically top out here and won't get any support.

    Advice to Management

    Care about your people, own them, develop them, fight for them.

    Daimler Financial Services2019-04-08
  10. Helpful (2)

    "review of dfsi"

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

    I have been working at Daimler Financial Services full-time

    Pros

    work life balance is there

    Cons

    poor management will cost company future

    Daimler Financial Services2019-03-15
Found 59 reviews