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Extremely poor middle management

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

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

Pros

Paid time off is generours
Flexible work arrangements
401K Matching is 100% vested immediately

Cons

Senior management is, in my opinion, pretty good but middle managers are aweful. Promotions are not based on merit but based on politics and on how long you have been in the company.

There are too many people doing the same thing all through out the company...no wonder there are lay offs. There should be more.

Workload is completely unbalanced: the good people end up working 11-12 hours a day until they get frustrated and leave because of poor compesantion and lack of professional opportunities to move up.

Compensation is 10-15% below industry average. Bonuses are just plain ridiculous. The difference between being a top performer and an average one is $1K...why bother?

Think twice about coming here if you have more than 1 offer to choose from...

Doesn't Recommend
Negative Outlook
Approves of CEO
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  1. Lots of support but managers are severely underpaid for the workload.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Hagerstown, MD
    Current Employee - Assistant Vice President in Hagerstown, MD

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

    Pros

    - Strong corporate culture
    - Relaxed environment (cards call centre)
    - Diversity of staff

    Cons

    As a manager of 25 -30 staff, I'm severely underpaid for the work I'm doing. Due to the "zoning" of salaries, I'm paid the same as an employee in the midwest, though I'm 30 miles outside of DC. I'd estimate I'm underpaid about 15K for the work I do. It's also hard to swallow that my "raise" this year works out to $8.22 a cheque when the company earned 2.2B in the 4Q.

    Advice to ManagementAdvice

    Pay your employees what they are worth, or at minimum provide cost of living increases in order to stay competitive.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. Escalation Specialist II

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Escalation Specialist II in San Antonio, TX
    Current Employee - Escalation Specialist II in San Antonio, TX

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

    Pros

    Very flexible and cares about employees. Good culture and diversity.

    Cons

    Low pay and corporate structure makes it difficult for change to move quickly.

    Advice to ManagementAdvice

    Listen to your employees more often.

    Recommends
    Neutral Outlook
    Disapproves of CEO
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