European Investment Bank Anonymous Reviews

Updated 9 Mar 2020

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3.7
45%
Recommend to a Friend
55%
Approve of CEO
European Investment Bank President Dr. Werner Hoyer (no image)
Dr. Werner Hoyer
3 Ratings
  1. Helpful (6)

    "Be careful- they do not retain people from ethnic minority backgrounds"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous in Luxembourg
    Doesn't Recommend

    I worked at European Investment Bank full-time for more than a year

    Pros

    Generally a good institution with good facilities etc

    Cons

    They hire a few black staff members to pretend they are diverse and inclusive. When the staff members join, they are subject to severe harassment, bullying and mobbing and end up having their fixed term contracts not extended. It has happened in multiple cases.

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  2. "Internship - European Investment Bank"

    5.0
    • 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 European Investment Bank full-time for less than a year

    Pros

    It was a great learning experience with lovely colleagues.

    Cons

    No possibility to extend the contract.

  3. "Great place to work"

    5.0
    Former Intern - Anonymous Intern 

    I worked at European Investment Bank for less than a year

    Pros

    International atmosphere, impact oriented bank, good work-life balance.

    Cons

    Junior profiles are hardly demanded.

  4. Helpful (14)

    "Think it twice"

    2.0
    • 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 European Investment Bank full-time

    Pros

    International, multicultural. Good work-life balance specially for families with children.

    Cons

    Luxembourg is very small and lacks cultural life. The Bank is burocratic, not transparent, good performance is not recognized and bad performance allowed. High risk of loosing employability as all roles are too EIB focused. Big difference in benefits if you dont have children.

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  5. "Intern"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Trainee 

    I worked at European Investment Bank for less than a year

    Pros

    Good environment Flexibility about different commitments Learning opportunities

    Cons

    Interns used as research assistants but do not get the title. No opportunities to stay after internship

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  6. "Great experience"

    5.0
    Former Intern - Anonymous Intern 

    I worked at European Investment Bank

    Pros

    Met incredible people, worked on interesting projects

    Cons

    Some not so busy periods

  7. "Intern"

    5.0
    Former Intern - Anonymous Intern 

    I worked at European Investment Bank

    Pros

    Great environment and work condition

    Cons

    Poor training and poor career opportunities

  8. Helpful (1)

    "Great place to work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at European Investment Bank

    Pros

    flexibility, high salary, great building

    Cons

    The city of Luxembourg, no things to do

    European Investment Bank Response

    June 22, 2018Senior Employer Branding, Diversity & Outreach Officer

    Thank you for your positive feedback on the EIB. It is surprising that you say there is nothing to do in Luxembourg as it is a city and country which offers a number of outdoor activities as well as concerts, theatre plays, cinemas, and a high number of restaurants and bars. In the summer, certainly, the city comes alive with a whole programme of activities both during the day and in the evenings.

  9. "Great Place to Work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor 
    Recommends

    I worked at European Investment Bank

    Pros

    Great work/life balance; International and stimulating atmosphere; Interesting tasks with a real-life application of economics and finance.

    Cons

    A little bit too bureaucratic

    European Investment Bank Response

    January 8, 2018Senior Employer Branding, Diversity & Outreach Officer

    Thank you for taking the time to provide your feedback and share your experience with others. We value your opinion and are pleased to see that overall you enjoyed your time at the EIB. As you may be aware, we are taking steps to try to reduce any unnecessary bureaucracy - this is an ongoing project and certainly something supported by our Senior Management.

  10. "Even greyer than the the European Commission"

    3.0
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Former Contractor - Anonymous Contractor 
    Doesn't Recommend

    I worked at European Investment Bank

    Pros

    For EIB staff, the benefits are fantastic (gym, flexitime, loads of paid holidays, bonuses, the right to take the Bank to court if you disagree with your evaluation ...). But contract staff (as opposed to agency temps) are treated like dirt. It's OK if you can actually get onto the EIB payroll, but that's another thing ...

    Cons

    Most of us contract staff had to do unpaid overtime and I, in particular, was subject to treatment which would constitute bullying if I had been on the EIB staff. I was summarily dismissed with no reason given and then expected to work my notice! Despite the EIB's claims that their recruitment process in highly selective, the directly employed assistants were incapable of writing a simple email in English. Also, temporary contracts were handed out to the children of the "Prominenz" without the necessary qualifications.

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    European Investment Bank Response

    July 18, 2017Senior Employer Branding, Diversity & Outreach Officer

    Thank you for your comments. We regret that your experience at the EIB was not a positive one. We do our utmost to ensure that all contributors to the Bank, be they employed staff, temporary staff, consultants or contractors are treated in a fair and ethical manner. It appears that the area in which you worked has fallen short of this. Our Code of Conduct specifically mentions all forms of harassment and bullying and is supported by our Policy on Dignity at Work, which foresees a complaints and investigations mechanism to address any reported cases.

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