Credit Suisse

www.credit-suisse.com
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Employee Reviews

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  1.  

    Nope

    • Senior Management
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Credit Suisse

    Pros

    They pay money and the office is walking distance.

    Cons

    Not the best company. Terrible HR department (I don't know how any of them got their jobs, but they are pretty bad at hiring). Credit Suisse doesn't pay enough.

    Advice to ManagementAdvice

    If I thought simple advice could fix the atrocious management I would give some.

  2. 2 people found this helpful  

    Has lost its way and doesn't seem to care

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

    I worked at Credit Suisse full-time (more than 5 years)

    Pros

    Competitive salaries
    Good people (mostly)
    Interesting work
    A few good managers

    Cons

    Cost cutting has meant quotas for letting people go - no longer any incentive to do good work or contribute beyond what it takes to make your management look good.

    Advice to ManagementAdvice

    Be honest and acknowledge that all of your HR programs are meaningless. Start rewarding good managers who look out for and develop their people.

    Doesn't Recommend
    Negative Outlook
  3.  

    Pay below average

    • 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 5 years)

    Pros

    Company Values are excellent. Partnering between teams works well. Horizontal relationships are first rate.
    Challenging work environment is stimulating.

    Cons

    Management is generally out of touch with their employees day to day work experience, making realistic opportunities impossible.

    Advice to ManagementAdvice

    Lose the false posturing and bland platitudes. Learn what your subordinates are dealing with every day so you can identify with their experience.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Product Controller

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

    I worked at Credit Suisse

    Pros

    Nothing, Food on site, i got to leave.

    Cons

    Training, Money, work/life balance, career movement.

    Advice to ManagementAdvice

    Train and develop people. Should be a place where 22-25 year olds come in and leave after 3 years for a bert opportunity.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6.  

    Great culture

    Former Employee - INVE
    Former Employee - INVE

    I worked at Credit Suisse

    Pros

    Good culture, don't overwork you

    Cons

    Not overly challenging working environment

    Advice to ManagementAdvice

    Create more upward mobility

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Great place to start your career (IT Back office)

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

    I have been working at Credit Suisse full-time (more than 8 years)

    Pros

    Work life balance is great in IT Back office. Pay scale is mid-level in the industry. Lots of opportunities for personal development and internal training. Work from home available and encouraged by management to alleviate some of the stress of work load. Campus recruits have a proper job growth track and given the freedom to choose from areas to work in and also to move internally after the first year. Internal mobility is possible. some have used it to move across continents.

    Cons

    Promotions are not standardized and depends on who knows who. Many a times a person is able to negotiate a title purely because on cultural ties or because he is the loudest in the team irrespective of who actually works hardest in the team. Often times management appears stone deaf to your problems. If you are stuck with a bad manager the only option you got is to move if not there is no opportunity for training or growth and lots of hard work and no reward.

    Advice to ManagementAdvice

    Promotions should be based on personal achievements and not based on an invisible team curve which one cannot measure against. If only Mgt is privy to the metrics then it is easily open to favoritism and other personal prejudices.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Steady but without upward momentum.

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

    I have been working at Credit Suisse full-time (more than 5 years)

    Pros

    Strong leverage finance and wealth management franchises.

    Cons

    Uneven product and industry coverage franchises.

    Advice to ManagementAdvice

    Train and retain is superior to hire and fire.

    Recommends
    Neutral Outlook
  9. 1 person found this helpful  

    Good company and good brand

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Software Developer in New York, NY
    Former Employee - Software Developer in New York, NY

    I worked at Credit Suisse full-time

    Pros

    Good culture, they provide their developers with the (software) tools needed to do their job. Access to online training and books online subscription. Good health and retirement benefits.

    Cons

    Too many processes in place, nearly impossible to get the right hardware for the job. Overwhelmingly complex when they can and should engineer simpler solutions. Low morale.

    Advice to ManagementAdvice

    Appreciate your employees, talk is cheap, drop the half baked policies

    No opinion of CEO
  10. 1 person found this helpful  

    Great experience, but not for everyone

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

    I worked at Credit Suisse as a contractor (more than a year)

    Pros

    - Flexible working schedule
    - Pleasant coworkers
    - Good pay (but very low bonuses)
    - Good cafe (prices steadily increase every few months)
    - Nice building

    Cons

    - Everyone around you hates their job
    - High turn over rates
    - Management can be terrible and completely aloof
    - Promotions are based on years and not merit
    - Too many unnecessary meetings

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Great place to work, competitive IB environment but with better work/life balance than most IBs.

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

    I have been working at Credit Suisse

    Pros

    • Collaborative consensus oriented management
    • Competitive IB that's stabile and well grounded
    • Hardwork and results payoff (it's not a pure politic place)

    Cons

    • Consensus can slow down common sense decisions
    • Pay is a bit lower than peers but work/life balance is better. Benefits are better then most though
    • Swiss attitudes towards people and bueracry and leave "deadwood" folks around longer than they should be allowed to stay

    Advice to ManagementAdvice

    • Hold individuals accountable with their jobs; don't reassign those that fail - fire the deadwood
    • Keep doing what you're doing from a capitalization and stability perspective
    • Raise compensation levels a bit for top talent

    Recommends
    Positive Outlook
    Approves of CEO

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