stagnant salaries, limited promotions, outsourcing to Bangalore - IT Project Manager Deutsche Bank Employee Review

2.0
15 Nov 2022
Recommend
CEO approval
Business outlook

Pros

Very nice new office in Manhattan, opportunities to take free technical training courses, reasonable benefits, better than average vacation days

Cons

Salaries have not been inflation adjusted for 3+ years (effectively a 15-20% salary cut), promotions are very limited internally (and impacted by DEI pressures), extreme cost controls lead to outsourcing overseas and direct competition with H1B visa candidates in the US.

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5.0
20 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Good wlb and, hybrid culture

Cons

This job is not fully remote

1.0
31 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Location in NYC Class A building

Cons

Incompetent Senior Management in Investment Banking Untrustworthy, lack of purpose Dedication to DB does NOTHING For you They are discriminatory towards anyone over 55 +

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