Credit Suisse Reviews

Updated October 24, 2014
Updated October 24, 2014
1,337 Reviews
3.5
1,337 Reviews
Rating Trends

Recommend to a friend
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Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan
Brady W. Dougan
596 Ratings

Review Highlights

Pros
  • It provides excellent work life balance for personal development in the spare time (in 154 reviews)

  • If you are full time good benefits for contract no so much but overall good fun, and good cafeteria (in 59 reviews)


Cons
  • Management was inflexible to find ways that analysts could find work / life balance (in 80 reviews)

  • long hours, which made it difficult to maintain a work-life balance (in 64 reviews)

More Highlights

409 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Terrible place to work for IT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Coordinator in New York, NY
    Current Employee - Technical Coordinator in New York, NY

    I have been working at Credit Suisse as a contractor (more than an year)

    Pros

    Employmer will allow individuals to work from home and will give compensatory days for work done over the weekend.

    Cons

    Cutting costs is the highest priority in this place with regards to IT. They will contract work to the lowest bidder anywhere in the world and full timers are left with the mess outsourced employees create.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Long hours, low morale, generally toxic culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Analyst in New York, NY
    Former Employee - Investment Banking Analyst in New York, NY

    I worked at Credit Suisse full-time (more than an year)

    Pros

    Well respected investment bank, decent exit options

    Cons

    Morale was at particularly low point for investment banking during my time. Work was increasing due to lack of staff and layoffs, and pay was decreasing so needless to say it was a toxic culture at the time.

    Advice to ManagementAdvice

    Replace COO's in investment banking divisions with senior bankers. Completely worthless position which adds basically a layer of bureaucracy, essentially glorified HR who never did anything to improve culture, lifestyle, poor performing personal etc.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great company overall

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Credit Suisse

    Pros

    Great people to work with

    Cons

    Could take diversity more seriously

    Advice to ManagementAdvice

    Better communication

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5. 1 person found this helpful  

    Good to start, but move on. Could be deceptive...what's marketed internally seldom materializes...need better managers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Associate in New York, NY
    Current Employee - Technical Associate in New York, NY

    I have been working at Credit Suisse full-time (more than 3 years)

    Pros

    Demanding environment but could gain good experience. Benefits competitive.

    Cons

    Demanding, seems to be always looking for a cheaper alternative ...outsourcing.

    Advice to ManagementAdvice

    Hire quality managers.

    Doesn't Recommend
    Disapproves of CEO
  6.  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Analyst in New York, NY
    Former Employee - Technical Analyst in New York, NY

    I worked at Credit Suisse full-time (less than an year)

    Pros

    Big name on Wall Street.

    Cons

    Not fun at sell side.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Overall Great Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President
    Former Employee - Vice President

    I worked at Credit Suisse full-time (more than an year)

    Pros

    I learned a ton while at Credit Suisse. I worked with some extremely intelligent people and enjoyed my time at the firm. Their products on the equity side were innovative and ahead of the competition.

    Cons

    Their compensation structure made it difficult for me to want to stay and create a career at the firm. While I understand the need to protect balance sheet being a Swiss Bank, paying top employees with complex derivatives products made me uneasy about staying at the firm long term.

    No opinion of CEO
  8.  

    Alright

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Summer Analyst in Raleigh, NC
    Former Employee - IT Summer Analyst in Raleigh, NC

    I worked at Credit Suisse as an intern (less than an year)

    Pros

    -Good experience to put on resume
    -Experience in a professional setting
    -Project may also be interesting (depends on what you get)

    Cons

    -Not many challenging projects
    -Overly formal
    -Salary is not competitive compared to Tech Companies

    Advice to ManagementAdvice

    Explore more interesting projects.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Good Company for a Status Quo Job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Credit Suisse full-time

    Pros

    - Predictable hours, employees not particularly overworked, good employee development programs

    Cons

    - Opportunities limited for those who want to advance, poor senior management (lower-end MDs)

    Recommends
    Approves of CEO
  10.  

    Nice people, but IT suffers from management bloat and bureaucracy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Assistant Vice President in New York, NY
    Current Employee - IT Assistant Vice President in New York, NY

    I have been working at Credit Suisse full-time (more than an year)

    Pros

    A decent percentage of co-workers are genuinely nice people to work with. Smart working / flexible working arrangements allow for good flexibility around working hours and locations.

    Cons

    Within IT there are too many middle managers that just get in the way as they try to justify their existence. Too many of these managers are also generic PowerPoint shuffling professional meeting attender types vs. the skilled hand-on technical leaders you find in top tier technical organizations. Heavy cost cutting and outsourcing in recent years has also seems to have impacted the group's culture and ability to attract/retain the best technical tallent. Simply innovating and getting things done is way more difficult than it should be.

    Advice to ManagementAdvice

    The 1990s called and they want their IT organizational structure back. Refocus organization on a flatter and more collaborative structure. Reduce the number of middle managers by 30-40% and spend some of that savings on recruiting/retaining top tier technical talent.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11.  

    Not ideal for IT/CS professionals who are looking for career and growth.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President in Research Triangle Park, NC
    Former Employee - Assistant Vice President in Research Triangle Park, NC

    I worked at Credit Suisse full-time (more than 10 years)

    Pros

    Used to have a good benefits but things are going south very fast as company cut the 401k matching contributions by half recently and also saw similar cuts on various perks including travel, .

    If you are in NYC working for a trader and provided he tops up your IT bonus every year, then things are better for you.

    Cons

    No long term career growth prospects for IT professionals esp. if you are not working in NYC.

    No work life balance

    Management has no regard or value for good technical IT engineers and therefore if you are relying on your technical skills for growth/promotion in this firm then you are heading for a big disappointment. There is no clear growth path for technology skilled employees.

    Management rarely appreciates individual contribution. In my 10 years of career I hardly had 1 lunch outing with team where I did not pay for my meals.

    Too many managers and too less contributors.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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