CAF (Venezuela)

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CAF (Venezuela) Reviews

Updated August 9, 2014
Updated August 9, 2014
8 Reviews

3.8
8 Reviews
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Employee Reviews

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  1.  

    No better Place to work in LatAm

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

    Pros

    The Place to Gain a profound and real understanding of the Region being able to contribute with its development with a sustainability vision with a harmonious integration view.

    Cons

    Some bureaucracy as in any MLA. Headquarters in Caracas which is a strong safety concern since you suppose to live in that city.

    Advice to ManagementAdvice

    Move the offices.

    Recommends
    Positive Outlook
  2. 1 person found this helpful  

    Very good learning professional experience

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

    Pros

    Exposure to networking and cultural diversity

    Cons

    Opportunities for advancement and promotions

    Neutral Outlook
  3.  

    Avoid if not in a core business unit!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Executive  in  Caracas, Capital District (Venezuela)
    Current Employee - Executive in Caracas, Capital District (Venezuela)

    Pros

    Good salary, particularly for Venezuelans that do not have access to US dollars.

    Cons

    Andean hierarchical structure and culture.
    Service areas have not a real concept of what service is, exploding personal to their limit in a submissive fashion to satisfy bosses.
    Great difference in treatment between foreign personnel and locals.
    Professional development is nonexistent..
    Living in a country like Venezuela is a high risk for you and your family (kidnapping among related and employees is a repetitive story).
    Every time a more bureaucratic culture for its small size. Think it is a defensive measure to cope with submissive culture of service.

    Advice to ManagementAdvice

    At least try to work as a private sector company, fight public sector culture.

    Doesn't Recommend
    Neutral Outlook
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  5. 2 people found this helpful  

    To learn about diplomacy and LA develpment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Executive (Projects Leader)  in  Caracas, Capital District (Venezuela)
    Current Employee - IT Executive (Projects Leader) in Caracas, Capital District (Venezuela)

    Pros

    - Multicultural environment
    - Prestige
    - Good salary and benefits (at LA countries)

    Cons

    - Bureaucracy
    - Lack of opportunities for career development

    Advice to ManagementAdvice

    - Review resources management
    - Become more agile

    Recommends
  6. 2 people found this helpful  

    Project manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager  in  Caracas, Capital District (Venezuela)
    Current Employee - Project Manager in Caracas, Capital District (Venezuela)

    Pros

    great benefits, pay in usd currency

    Cons

    no carrer plan. no opportunity to get higher positions

    Recommends
    Positive Outlook
  7. 3 people found this helpful  

    The place you might want to retire to

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Executive  in  Caracas, Capital District (Venezuela)
    Current Employee - Executive in Caracas, Capital District (Venezuela)

    Pros

    - Work/Life balance
    - Very prestigeous in the region
    - Rapidly growing in size and relevance
    - Great place to gain an understanding of Latin America
    - Salary is slightly above average for region. Benefits are amazing
    - Great way of breaking into regional politics
    - Company is going through a change management exercise to try to raise its game level

    Cons

    - Not a meritocracy. Extremely political management style
    - Few opportunities for promotion
    - Low lying glass ceiling. All upper managers are selected for external or internal political motives
    - HR has a reputation of disregarding employee contracts and making false promises (get everything in writing)
    - No trainning
    - No empowerment
    - Company loves yes men. Criticism is highly frowned upon
    - Headquarters is in Caracas. If you are relevant, you will sooner or later have to spend some time living in such a dangerous and disagreable city

    Advice to ManagementAdvice

    - Promote empoyerment and accountability of staff.
    - Be transparent about evaluations and promotions.
    - Bring in the people needed to take CAF to the big leagues

    Doesn't Recommend
  8. 2 people found this helpful  

    Great company mission, great pay, but terrible for career advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Executive  in  Caracas, Capital District (Venezuela)
    Former Employee - Executive in Caracas, Capital District (Venezuela)

    Pros

    - Great pay
    - Great location
    - Great hours
    - Good benefits
    - Opportunity to work for a company that makes a difference

    Cons

    - Few opportunities for career advancement
    - Technology is archaic
    - People are too much into gossip
    - Employee feedback and career planning is not taken seriously

    Advice to ManagementAdvice

    Career planning must take a higher priority.

    Recommends
  9. 2 people found this helpful  

    Great place to work for some time, or once you've already built up a career somewhere else.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Business Officer  in  Caracas, Capital District (Venezuela)
    Former Employee - Business Officer in Caracas, Capital District (Venezuela)

    Pros

    - It's not government. It is a multilateral bank (think of the World Bank or the IMF) but much more efficient.
    - It's management is autonomous and very professional.
    - CAF is very respected across Latin America.
    - Excelent balance between life and work.
    - Great pay compared to other places in the region.
    - Good chance to move across Latin America.
    - Promote development while getting well paid

    Cons

    - Still a little beaurocratic compared to private sector.
    - Little opporunities to reach high level positions, usually filled up by new hires
    - Internal politics can sometimes be a little annoying, but not even close to government or other international orgs.

    Advice to ManagementAdvice

    It would be great to consider own staff more for high level positions. Also consider rotating personnel across different functions. People can get bored and lose incentives after many years of doing the same.

    Recommends

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