Citi

  www.citigroup.com
  www.citigroup.com
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Expense reduction leads to talent reduction

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

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

Pros

Work-life balance is one of the best aspects of working for Citi, as they allow you to work from home and will work with you to adjust your hours if you have to deal with family commitments (depending on the team). Working for a global bank is a good learning experience, and there are opportunities to interact with people from multiple continents on certain projects. In technology, vendors know Citi is a huge contract, so you can get wined and dined, if you can make it through their sales pitch. There is a 6% 401k match and the health plans are good, though a bit more expensive in recent years.

Cons

Ever since the financial crash there has been a huge emphasis on expense reduction, which means employees (aside from the top echelon of management) are hard pressed to get travel reimbursement, or training approved. In corporate, the annual adjustments and bonuses have been poor, and many see nothing come year end. If you are an old timer who made your money in the good times, you can hang around and lead a relatively stress free existence collecting a fat check. If you are younger and work at Citi for a while, you will have a hard time keeping up with inflation. Moreover, the advancement opportunities are little, as the senior managers never seem to move on and the company places a greater emphasis on moving operations to low cost areas.

Advice to ManagementAdvice

Invest in your top people and foster growth in their career.

Doesn't Recommend
Neutral Outlook
Approves of CEO

2846 Other Employee Reviews for Citi (View Most Recent)

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  1.  

    Overworked...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in Palm Beach, FL
    Current Employee - Teller in Palm Beach, FL

    I have been working at Citi full-time (more than 3 years)

    Pros

    Flexible, Great benefits (health, tuition re).

    Cons

    Unrealistic sales goals, skeletal staff,

    Advice to ManagementAdvice

    Stop expecting miracles...be realistic!

    Recommends
    Negative Outlook
    Disapproves of CEO
  2.  

    Citi has always done right by me

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

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

    Pros

    Great opportunities for growth
    Overall, since 2008, very competent senior management
    Focus on goals, business objectives and execution
    High emphasis on employee development
    Global footprint
    Very diverse. A wonderful and interesting blend of cultures from all of the countries we operate in
    Not perfect, but always raising the bar and striving to be the best in class
    Lots of training available for employees to grow their skill set

    Cons

    Bureaucratic
    Not very nimble
    Highly regulated, as you would expect for a global bank

    Advice to ManagementAdvice

    You are now moving in the right direction. Don't repeat the mistakes of the past

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Citi

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