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There are newer employer reviews for Dtcc

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Helpful (1)

Culture Issues

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

I worked at Dtcc full-time (More than a year)

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

Pros

-Decent salary
-Respected in financial services industry
-Work-life balance in many departments isn't bad

Cons

-Technology implementation changes are very slow
-Many departments that are similiar don't work together
-Some critical people in key technology roles are overworked due to cost cutting measures
-Sometimes have to email people many times to get them to do something.
-Some people that have been with the company for 10+ years particularly in technology related roles are basically tenured but no longer add value to the company. This is part of the reason change is so slow and departments often don't work together as they should.

Advice to Management

- Change the DTCC culture. Make DTCC a younger more efficient company
- Hire more technology support staff
- Get rid of people with the company for a long period of time who don't add value

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  1. New Senior Management has no clue on how to run a Depository

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

    I have been working at Dtcc full-time (More than 10 years)

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

    Pros

    The company has good Pay and benefits(discontinued the pention plan)

    Cons

    Will only deal with people senior mgmt has brought into the company. Does not understand the concept o a budget.

    Advice to Management

    Do not discount the people who made the company what it is

  2. Helpful (5)

    It's all who you know and who brought you in in order to get promoted or get a good bonus or even stay there.

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

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

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

    Pros

    benefits, work/home life balance, good pay

    Cons

    IT is terrible and management is clueless. Many people do not perform and they are rewarded while the real worker- be types are fired or not acknowledged. HR is still back in the 80's

    Advice to Management

    Eliminate the Culture of fear. You give too much power to the officers. Include levels below officers to make decisions anonimously. Everyone is afraid to cross their officer for fear of RIF. We have seen some whistleblowers fired recently.

There are newer employer reviews for Dtcc
There are newer employer reviews for Dtcc

See Most Recent

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