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Good history, but in decline as best are rapidly leaving

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in London, England (UK)
Current Employee - Anonymous Employee in London, England (UK)

I have been working at Credit Suisse full-time (More than 3 years)

Doesn't Recommend
Negative Outlook
Disapproves of CEO
Doesn't Recommend
Negative Outlook
Disapproves of CEO

Pros

Still has some good 'old school' high calibre people, still very strong/top tier in specific areas of IBD and capital markets. Still offers good exit opps.

Cons

Best people are rapidly leaving the firm, no longer as good as it was in a number of areas, is falling down the ranks. Swiss regulatory issues don't help either.

Advice to Management

Seems like there is too much change in strategy at too high a frequency.

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  1. Nice people and human capital but badly rewarded with increasing cost-cutting measures

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

    I have been working at Credit Suisse full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    The people are nice and mostly capable at what they are doing. Good work culture where almost everyone is helpful and willing to assist you even though it's outside their formal responsibility.

    Cons

    Cost-cutting and outsourcing measures being implemented everywhere, often by not taking into account the effect of such measures on surrounding business units / departments / systems. As a result there's a lot of human capital loss and performance degradation.

    Advice to Management

    Be more careful in cutting costs / outsourcing business units. Although the target numbers are achieved there may be repercussions in the future.


  2. Helpful (1)

    Good as a brand

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - ENO in Mumbai (India)
    Current Employee - ENO in Mumbai (India)

    I have been working at Credit Suisse full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    1. Brand value, CS is considered amongst top employers in Investment banking technology domain.
    2. High salary.
    3. Open culture.
    4. Decent work life balance.

    Cons

    1. No regular transportation ( only after 10 pm though).
    2. CTC is a lot bloated, so you need to negotiate on more in-hand amount.
    3. Politics as in other companies.
    4. Personally, I felt there was a less quality of work for people in Technology.

    Advice to Management

    Try to maintain the Open culture and ward off the growing politics.


There are newer employer reviews for Credit Suisse
There are newer employer reviews for Credit Suisse

See Most Recent

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