There are newer employer reviews for Credit Suisse

 

Good work life balance, average pay, great private banking franchise

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Private Banking Associate in London, England (UK)
Former Employee - Private Banking Associate in London, England (UK)

I worked at Credit Suisse

Pros

Extremely well developed PB business with fantastic product platform and client offering. If you perform well, mgmt are flexible with your working hours. The services around the normal products, such as tax assistance, research etc are very good. If you are entering the industry, it is a very good place to start given its great education system and well rounded PB offering.

Cons

Dissapointing systems, innefficient back office, slow decision making process die to the bank's Swissness. Some political

Advice to ManagementAdvice

Make PB leaner, focus on high performers, pay higher salaries and raise the standard on the people working in the bank.

Recommends
Approves of CEO

1335 Other Employee Reviews for Credit Suisse (View Most Recent)

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  1.  

    Mixed feelings

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Assistant Vice President in Singapore (Singapore)
    Former Employee - Assistant Vice President in Singapore (Singapore)

    I worked at Credit Suisse

    Pros

    Good pay, Good benefits, Good business

    Cons

    Asia Pac management is more Asia specific, Less caring about the person, more about getting the work done. More about selling yourself, less about getting recognized. More about individualism, less about team work. More about connections, less about ability. More about blame, less about self reflection. Outsourcing strategy is managed poorly and wildly. Wasted money to wring out benefits of cost cutting by hiring low cost and many times less experienced contractors, but adding pressure to experienced employees who have been with the firm longer to perform, while cutting benefits like training budget necessary to keep people sharp and unmeasurable but important benefit of keeping employees happier.

    Advice to ManagementAdvice

    Similar to another comment of a technology company employee, stop trying to make good technical people managers.They make good project/work managers rather than people managers. Employ more people managers who can boost morale, stand up for their team and make the sum of the parts greater than the whole. The reason good engineers want to be managers is manager as a job is always glorified and obviously pays better. Come up with better IT strategy. Stop hiring CTO's who come, talks a good talk, cost cut, take credit and leave, while the foundation is crumbling from all the cheap labor. Cost cutting is good but much of what was done is short sighted. We should have them sign claw back clauses like what is happening on wall street right now. But in IT it would be hard to measure performance as numbers can be manipulated(I know), rather than measures of profit and loss on the business side that are harder to hide.

    No opinion of CEO
  2.  

    Credit Suisse

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

    I have been working at Credit Suisse

    Pros

    Internal Mobility where they promote and assist employees to move across to different departments. Training provided for employees are also relevant and abundant.

    Cons

    The organization of the MNC makes it very flat. Relatively less chances for career progression. Guess it would be very much the same for other large corporations.

    Advice to ManagementAdvice

    Not been there long enough to comment on the management. Until now all seems acceptable.

    Recommends
    Approves of CEO
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