CLSA Reviews

Updated August 17, 2014
Updated August 17, 2014
44 Reviews

2.4
44 Reviews
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  1. 2 people found this helpful  

    Good place to get experience

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

    I worked at CLSA full-time for more than 3 years

    Pros

    International exposure and growth opportunities

    Cons

    No full commitment to grow domestic business

    Advice to ManagementAdvice

    Either commit necessary capital to grow or leave US equity market

    Recommends
    Neutral Outlook
  2.  

    Positive experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  Hong Kong (Hong Kong)
    Former Employee - Intern in Hong Kong (Hong Kong)

    I worked at CLSA as an intern for less than a year

    Pros

    Everyone was very friendly and willing to answer questions / discuss their work. Was able to work directly contribute to published research, which was great. Trader and analyst meetings were open to attendance by anyone every morning which was a fantastic way to learn. Office culture was great.

    Cons

    No formal program, so some things were very much learn as you go.

    Recommends
    Positive Outlook
  3.  

    ok flexible

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CLSA

    Pros

    flexible, autonomy, able to grab chances.

    Cons

    random, need to find yourself up

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  5. 1 person found this helpful  

    Political environment can't let work even techno excellent employee

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

    I have been working at CLSA full-time for more than a year

    Pros

    All over politics, non-sense rumors, a place to deal with lots of non-sense people all over the board.
    You can practice politics here before going into Indian politics.

    Cons

    Below average people are only playing around in their known area. Discourages people to let work in main stream and misguiding.
    By having some small programs with unnecessary complexity, old timers are earning.
    Specially front office, viper team in India are set of fools and screwing the work environment.
    Unethical practices, uneducated F.O. team are source of lots of non-sense, rumors and very cheap politics.

    Advice to ManagementAdvice

    You should not be feared to warn such people.

    Doesn't Recommend
    Negative Outlook
  6.  

    Your market value decreases

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Pune (India)
    Current Employee - Anonymous Employee in Pune (India)

    I have been working at CLSA full-time for more than a year

    Pros

    If you are one of the "pets" of "certain" people, you can get away with murder!

    Cons

    Most people have covered this section in detail, will try not to be repeatative, instead I will mention some hilarious things I have noticed.
    The "free" coffee/tea sucks so much that some people even get their own coffee machines to make their own coffee :)) . The entire office is unhygenic: the pantry area, bathrooms are perpetually infested with roaches & stink. If by chance you end up staying very late at office (obviously working), & you want to avail office vehicle to take you home, you will need to beg & appease the admin manager to permit you to use the office car. The typical answer (even to women employees) is "You can take the Wings cab, why do you need office cab, office cab is not available (for you)". This inspite of a spare Innova always available at admin's call. There is no security provided to women employees leaving late, either. All claims/bills (genuine) are scrutinized & questioned to such an extent that the admin behaves as if they pay out of her own pocket. And the funniest... if there's an event where food is ordered, either there is no food or its in such limited quantity that most people dont get any! Few years back at the annual event, there was no food served!!! Again cost savings! :)

    Advice to ManagementAdvice

    If they were to heed to the advice people have mentioned, things would have improved, so no point in giving any unwarranted advise

    Doesn't Recommend
    Negative Outlook
  7.  

    Research associate

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

    I worked at CLSA full-time for less than a year

    Pros

    Very high pressure, you swim or die

    Cons

    No work life balance at all

    Doesn't Recommend
    Negative Outlook
  8.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Employee  in  Pune (India)
    Current Employee - Employee in Pune (India)

    I have been working at CLSA full-time for more than a year

    Pros

    If you know equities and have good technical skills, this is the place. Average people will find it tough. You need to take initiative. Enough room for innovation.

    Cons

    Doesn't promote the brand. Sometimes too aggressive - even when there's no need.

    Advice to ManagementAdvice

    Brand sells in India - not many people know what working in Equities IT is all about.

    Recommends
    Neutral Outlook
  9.  

    Not much content in work, non transparent salary structure. Least of office politics.

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

    I have been working at CLSA

    Pros

    Almost defined work without much change or challenges
    Small but many staff parties
    Relatively Clean in terms of office politics

    Cons

    Salary structure non transparent.
    Company recovers 12% of employer contribution to pf from employee ctc in addition to 12% employee contribution. This is kind of unethical per law of the land
    Not necessary to get pay rise year on year however you are appraised half yearly.
    Bonus paid annually isn't that handsome to compensate the loopholes above either.

    Most important of all these material facts are not disclosed in offer letter, nor are these discussed in negotiations unless candidate vouches for (which is a remote possibility)

    Advice to ManagementAdvice

    It is recommended to have detailed salary structure that candidate can materialise on.

    Should perform market correction with immediate effect as local HR in India seems to think employees are happy with ctc's they cheated employees on.

  10.  

    Work hard, play hard!

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

    I worked at CLSA full-time for more than 3 years

    Pros

    Intelligent staff and nice "family" environment

    Cons

    Not quite the same since new management took over

    Recommends
  11. 2 people found this helpful  

    CLSATS-Pune is worst Company for all Positions and Levels

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Developer  in  Pune (India)
    Former Employee - Developer in Pune (India)

    I worked at CLSA full-time for more than 3 years

    Pros

    If as a candidate of junior level not getting a job anywhere, you will get it here.
    Nobody joins at mid or senior level , so they pay big fat salaries.

    Cons

    An organisation which is on its brink of annihilation or the employees are making efforts of themselves. You can call any employee now and ask if any of the below is untrue:
    Lazy, incompetent, directionless is the Pune management team. Only one person controls all. Company spends heavily on IT-consulting through Vendors staff and does not hire head count on-rolls (3 times almost of on-roll employees). And, when bad time comes (after every 6 months in case of CLSA), hardworking and potential employees are asked to leave, may be because they cannot fetch brownies from management team. Minor salary hike for happened. Nuisance value is added ever since on-boarding of a SMT member in 2011. ....... Was asked to leave in his previous organisation.
    Project Managers are in a fix and cannot snap balance between their team and management’s decisions. Senior geeks do coding and testing. All employees (especially junior and middle level) are pushed to their limits and asked to work late for a huge workload. There are promotions without pay hikes. HR watches clock and sends late-comers reports (never send late sitters report); Admin do not know where they are heading and keeps changing policies. Finance, there is no finance team- a pound-foolish cost model is agreed by Pune IT with Mumbai finance team. Lot of legacy systems, they only say that ‘We are open to change’- decision taken by Pune team members fail at head office (Hong Kong) level. Last platinum words, this company is going nowhere but downhill, so kindly ‘shift-delete’ the request if are asked to apply.
    And existing employees, for your good move-out asap!

    Advice to ManagementAdvice

    Please do some background and reference check of senior employees. Previous company fruads will be unearthed.

    Doesn't Recommend
    Negative Outlook

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