Citi

  www.citigroup.com
  www.citigroup.com
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Transformation by force

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Vice President Senior Analyst
Current Employee - Vice President Senior Analyst

I have been working at Citi full-time (more than 10 years)

Pros

Working at Citi gives you an expanded view of the world. I like being associated with the largest financial company in the world(depending on how you measure).

Cons

Way too much emphasis on outsourcing, downsizing, "transforming". We are "following the sun" and adopting more ways to lighten the infrastructure. Elastic Cloud, VM servers - modeling companies like Yahoo and Amazon - no more work from home after 20 years - last 10 spent telecommuting. Micro management and over reporting of senseless information because they do not have the strongest leaders with a serious grip on technology to understand the impact of decisions made at a senior managing director level down to the worker bees that get it done. There is not an appreciation for long term years and the backs that have carried the company through all its problems. No bonus despite nearly 2 billion in profit last year just for Global Consumer Banking! No raise for 3 years and the last bump was < 1%.

Advice to ManagementAdvice

Give bonuses to those that have been here with the billions in profit - even if senior employees are salary capped! Give back the telecommuting benefit. Train employees with real classes. Increase 401k match from 6% to 7-8-9 depending on employee score. Prove to the core employees that they are an asset. Offer free banking. pick something or many things. The company has survived and thrived, even though the CEOs have not, because many employees stay on and contribute. How many hundreds of millions were given as bonues to the last 3 CEOs? Stop investing in offshoring work. Stop moving employees from New York to Texas (or really firing them). Stop giving out HUGE bonuses to senior executives and little to nothing to the worker bees. Stop being so greedy. That would change moral. That would "transform" the company and you would have AMAZING cooperation that you arent even aware of that you DO NOT have. I talked to a senior manager who was not aware of any grumbling with working conditions. Head in the sand or does no one care/respect him enough to tell him the truth? Management through intimidation? I use to love working at Citi. Now it's painful. Many in the ranks feel the same way and worse.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

2858 Other Employee Reviews for Citi (View Most Recent)

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  1.  

    Account Specialist Job at Citi

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Specialist in Jacksonville, FL
    Current Employee - Account Specialist in Jacksonville, FL

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

    Pros

    great benefits
    great work environment
    Coworkers were amazing, and great support from Management

    Cons

    If you don't like to be micro managed, this might not be the place for you. They watch when you go to the bathroom, when you go to lunch, and monitor every call and give you feedback at the end of the mont.

    Advice to ManagementAdvice

    Keep rewarding your team for a job well done, showing appreciation is a wonderful way to keep up worker's moral and motivation to do their job right.

    Recommends
  2.  

    Excellent

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Citi

    Pros

    Good team to work with

    Cons

    Was a summer Intern and did not convert into full time

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