Credit Suisse Reviews

Pros

- People, people, and people
- Managers who recognise work
- Excellent culture and management emphasis on collaboration

Cons

- top heavy management teams with limited growth opportunities beyond a certain level
- doesnt pay at market levels (they rather pay more for a new employee than increase comp of existing high performers)
- tends to be bureucratic sometimes

Advice to Senior Management

- Great place to work
- HR processes and benefits suck (really!). how can you have an HR team that is ok for managers to pay more for new employees than increase compensation for high-performing employees in the same role? How can maternity benefits be optional?

Pros

High Caliber employees
Learning and Development
Work/Life Balance
Philanthropy
Benefits

Cons

Salary and Bonus are not as competitive
Promotion process is not consistent
Management styles are not consistent

Advice to Senior Management

Do more to ensure the Credit Suisse management model trickles down to absolutely every person and manager so that the culture as a whole can truly express itself as Proactive, principled and partnered. There are some managers that just manage and do not lead and fail to promote the type of engaging environment Credit Suisse is known for.

Pros

Culture is conservative overall, and the institutin has stayed largely udner the radar in terms of credit problems in the current crisis.

Cons

Favorites rule, way too much diversity. Advacnement does not depend on what you accomplish, but how well you play the political game.

Pros

Paid their bills on time.

Cons

Cold environment. Obtuse, uncaring management. Cheap -- wouldn't even provide office supplies.

Advice to Senior Management

Learn to manage people.

Pros

CS has an excellent culture

Cons

Employees are not at the level I expected them to be, intellectually

Pros

Good corporate culture. Hard-working/helpful people. Ability to learn more stuff.

Cons

Employee work does not get appreciated. Cannot involve/talk with the upper management directly. Have to go through proper channels even though the answer is quickly required.

Advice to Senior Management

Please at least see how the employee performs.

Pros

A company appearing to offer many opportunities to make meaningful change. There also seems to be general encouragement of free speech

Cons

The culture encourages no change and blame avoidance. The level of cronyism has reached unheard of heights. The budget system results in short-term thinking and unnecessary duplication, while missing investment in more important areas. Despite corporate messages about the importance of human resources, own staff are often treated worse than contractors. Long-term loyalty is not valued

Advice to Senior Management

Make up your minds whether it should be One Bank or two. Fix the broken budget system. Stop tolerating cronyism. Invest in changes that really bring benefit rather than in permanent problem analysis. Consider banning Powerpoint!

Pros

Great benefits, flexible schedules, people are friendly for the most part. Met some great colleagues here that will be solid future connections.

Cons

Inexperienced management, those promoted weren't qualified

Advice to Senior Management

More in-depth training for managers and associates

Pros

Benefits and the People. Work hours are ok

Cons

IT technology is very outdated
Senior management needs to stop giving surveys and actually show some results from previous surveys

Advice to Senior Management

Practive what you preach.

Pros

CS is a Bulge Bracket firm.

Cons

Management could work to better communicate.

Advice to Senior Management

Work on better communication skills