CLSA

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CLSA Reviews

Updated Jul 22, 2014

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2.5 40 reviews

40 Employee Reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Good place to get experience

    Financial Analyst (Former Employee) New York, NY

    ProsInternational exposure and growth opportunities

    ConsNo full commitment to grow domestic business

    Advice to Senior ManagementEither commit necessary capital to grow or leave US equity market

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Your market value decreases

    Anonymous Employee (Current Employee) Pune (India)

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

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

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Career Abuse: Work hard and harder and for a minor mistake, you will be questioned by CEO and grilled

    Associate (Current Employee) Pune (India)

    ProsSpare me, I have taken 4 years and still finding. Wonder if there could be any

    ConsHigh profile pressure. no knowledge sharing, job fear on every minute, high blood pressure, sole responsibility for all wrongs, no value for good work. forget all your ideas, poor HR rich 3rd+ level management.
    Good Developers and Team leads are target of rumors.

    Advice to Senior ManagementDon't wait for employees till they decided to leave for pay increment.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Research associate

    Anonymous Employee (Former Employee)

    ProsVery high pressure, you swim or die

    ConsNo work life balance at all

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good

    Employee (Current Employee) Pune (India)

    ProsIf 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.

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

    Advice to Senior ManagementBrand sells in India - not many people know what working in Equities IT is all about.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

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

    Anonymous Employee (Current Employee)

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

    ConsSalary 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 Senior ManagementIt 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.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Work hard, play hard!

    Research Analyst (Former Employee)

    ProsIntelligent staff and nice "family" environment

    ConsNot quite the same since new management took over

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    2 people found this helpful  

    CLSATS-Pune is worst Company for all Positions and Levels

    Developer (Former Employee) Pune (India)

    ProsIf 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.

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

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good place to learn

    Employee (Current Employee) Pune (India)

    ProsI have been with CLSA for sometime now to understand this place well enough. Some of the comments below are quite amusing and also 'repetitive'. Guess it's the work of some disgruntled soul(s) that could not do well here. This firm certainly punches above it's weight, competing directly with the bulge bracket banks, atleast in the equity research space. And it is not a place for the mediocre. CLSA-Pune is directly exposed to all that happens in the firm and as such is a great place to learn all that one can, sitting here in India. Unlike other places, it offers enough flexibility to learn a lot of stuff in a relatively short span of time. Now, for someone who wants a 9-5 job or is worried about shaving or wearing formals, this is not quite the place. But there are enough people who have benefited from the 'learning' and are doing well for themselves.

    ConsNumber of temps. A bit adhoc in certain matters.

    Advice to Senior ManagementMore temps doesn't necessarily mean a good strategy. Also, provide a career path for those who are interested.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Support Functions

    Anonymous Employee (Current Employee)

    Prosa place where you can learn a lot if you are willing to

    Constoo many projects, staff are too stretched

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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