Avaloq

  www.avaloq.com
  www.avaloq.com
There are newer employer reviews for Avaloq

3 people found this helpful  

Lack of communicative skills

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Senior Consultant in Zürich (Switzerland)
Former Employee - Senior Consultant in Zürich (Switzerland)

I worked at Avaloq

Pros

Innovative interesting technology work, good workers and good working environment

Cons

Major lack of communicative skills of intermediate management.

Advice to ManagementAdvice

Intermediate Management has to be selected more carefully and only senior and with proven leadership skills.

9 Other Employee Reviews for Avaloq (View Most Recent)

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  1. 2 people found this helpful  

    Software driven company with good growth prospects

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Edinburgh, Scotland (UK)
    Current Employee - Software Engineer in Edinburgh, Scotland (UK)

    I have been working at Avaloq full-time (more than an year)

    Pros

    Full of skilled and motivated people
    Half flex-time, core hours 10-4 but can be switched around in the week
    Company spends a lot of effort in the beginning on training, even including a few weeks at the head office in Zurich
    Software development is the core business, so opportunities for promotion in technical roles e.g. senior developer or software architect
    New office: raise-able desks to standing height (big plus in a desk-job profession), pool table in common area and expensive coffee machines
    At present the company has very good prospects, a lot of sales successes and a lot of future work and business to come.

    Cons

    40 hour working week, bit high for Edinburgh, though flexi-time does mitigate this somewhat (in any other job you'd work extra hours at times without being able to get it back the next day)
    Swiss culture takes some time getting used to. Google translate often needed for German/French/Spanish issues/specifications etc.
    Overall benefits are good but pay for Edinburgh is a bit flat. Company seems to just try and meet "market rate".

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Not a very happy place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Zürich (Switzerland)
    Former Employee - Software Engineer in Zürich (Switzerland)

    I worked at Avaloq full-time

    Pros

    - A good place to start if you want to learn about banking and to pursue a career in this area.
    - Some really smart, skillful and hard working people.
    - Interesting and diverse set of technologies.

    Cons

    - The main focus of the company seems to be on increasing the sales and getting more customers; not necessarily improving on the innovation aspects or investing in the company culture or values.
    - There is serious lack of communication and management skills in some of the lower level managers and team leads. There are some arrogant and selfish employees.
    - Some teams and projects have constant re-organization and relatively high rate of turnover (including turnover of really good employees).
    - A significant number of employees complain about not receiving the bonuses they deserve. Management seems to be stingy about the bonus.
    - Overall, the general mood and the culture in the company does not look very happy. Some employees look either stressed or unsatisfied with what they do. There are some old gaming consoles in the building but nobody really uses them because there is no culture similar to Silicon Valley tech companies (Google, Facebook etc).

    Advice to ManagementAdvice

    - Invest more in your employees, office culture and values.
    - Select intermediate management more carefully.
    - Improve the benefits.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
There are newer employer reviews for Avaloq

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