There are newer employer reviews for Credit Suisse

 

Review

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

I have been working at Credit Suisse

Pros

Work and life is awesome and so is the culture

Cons

nothing at time keep it up

1330 Other Employee Reviews for Credit Suisse (View Most Recent)

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  1.  

    Great culture, but difficult for young talent to feel appreciated

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

    I have been working at Credit Suisse full-time (less than an year)

    Pros

    Great people and culture
    High standards of conduct and ethics
    Stable outlook compared to competitiors

    Cons

    Below average pay
    Rigid (strict) promotion structure
    Complex pay structure

    Advice to ManagementAdvice

    How do you expect to keep young talent if you pay all the 1st and 2nd years the same amount? They will leave for the buy-side or to competitors

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Good junior employees, extreme hours

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Associate
    Former Employee - Summer Associate

    I worked at Credit Suisse as an intern (less than an year)

    Pros

    This review is only for the IBD Investment Banking Division.
    -Car service after 10pm, dinner allowance
    -Good credential for resume, everybody respects the brand and the work ethic required and the work habits that you develop
    -Good business education, particularly in corporate finance
    -Develop strong proficiency with microsoft office, particularly excel and powerpoint
    -Analysts and Associates are honest, friendly, hardworking people who (mostly) haven't gone crazy yet like many of the senior bankers
    -The Analysts come from top schools and are extremely smart and capable
    -Clear promotion path
    -On-campus MBA recruiting runs like clockwork, although you do have to do a ton of informational interviews and ask the same contrived questions over and over again
    -Good camaraderie among junior employees, since everybody commiserates over how much the job sucks

    Cons

    The managing directors and VPs have truly ridiculous requests for pitch decks, and this keeps you constantly iterating on documents that clients mostly don't even look at. You spend all day trying to look busy until real work lands on your desk at 6 or 7pm, and then you stay up all night to get it done. Morale is awful. People hide from the staffer, because if the staffer sees you in the gym or going home before they do, they assume that you have extra capacity and will give you a ton of extra work. You can't make plans for dinner or weekends because you are always on call. Managers harangue you to finish stuff in a hurry, and everybody gets screwed with extra urgent "jam-jobs". The job is truly as awful as everyone says it is - check out Mergers and Inquisitions if you want to learn more. Don't do this job if you want to be happy or if you like sleep and human relationships outside of work.

    There is less money in banking than there used to be, so it's harder to justify the lifestyle now. If you're an MBA Associate and you think you're going to get a sweet buy-side gig afterwards, you're probably wrong. Those jobs go to the pre-MBA candidates and people who have done it before. Sorry.

    Advice to ManagementAdvice

    Have some basic respect for your junior employees. For instance, don't email them at 7am on a Sunday morning and request a tiny, arbitrary change to a pitch deck, along with a same-day fedex of some final hard-copies to your weekend country home. Especially since this is the 600th version of the deck since you requested it three weeks ago, and you already said it was finished.

    No opinion of CEO
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