Avaloq Reviews | Glassdoor

Avaloq Reviews

Updated February 23, 2017
44 reviews

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Full-time Part-time

3.0
Star Star Star Star Star
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Avaloq Group CEO Francisco Fernandez
Francisco Fernandez
20 Ratings

44 Employee Reviews

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  1. "Very Generous"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Writer in Edinburgh, Scotland (UK)
    Current Employee - Technical Writer in Edinburgh, Scotland (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The company tries hard to create a good work-life balance for its employees, despite the longer working hours. With flexi-time and remote working it's easy to fit work around your schedule. The Edinburgh office is a nice place to work, with adjustable desks, lots of natural light, a roof garden, yoga, free fruit, decent coffee machines and lots of cake. In terms of spending the company is also very generous - a budget for education is allocated to each employee, there are expenses-paid trips to the Zurich office, and any initiative to improve workplace culture is given a fair hearing.
    It's not a surprise then that the Edinburgh Office is a happy place to work: everyone is friendly and helpful.

    Cons

    It's difficult to separate from the Zurich office - some things would be better in Edinburgh if more freedom was given.

    Advice to Management

    Fight for the Edinburgh office to have a little more power.


  2. "a very challenging, but fun place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Sales Engagement Manager in Zürich (Switzerland)
    Current Employee - Global Sales Engagement Manager in Zürich (Switzerland)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Avaloq is a very demanding employer; you need to self-driven and highly motivated

    Cons

    there is currently a lot of construction going on at Avaloq Manegg to build the brand-new and modern offices during the next few years

    Advice to Management

    continue to focus on current challenges of the industry


  3. "A good place to be"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Zürich (Switzerland)
    Current Employee - Anonymous Employee in Zürich (Switzerland)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    There is a clear management focus on trying to get a good work life balance and ensuring that stress is not undermining performance. People are very friendly and easy going. The international environment is invigerating and there is a sense of innovation and achievement. I think there is stronger ethos around quality core software - swiss style - compared to other places I have been.

    Cons

    So far, not a great deal negative to say. The matrix structure appears somewhat unneccessary to me and the targets and KPI's are a little confusing - perhaps an issue of transition.

    Advice to Management

    Simplify and get consistent on targets and accountability. Otherwise, keep on going!


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  5. "Average employer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Zürich (Switzerland)
    Current Employee - Anonymous Employee in Zürich (Switzerland)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Avaloq full-time (More than a year)

    Pros

    The core par of the system is implemented in PL/SQL and they have manage to do some amazing stuff with it (such as OO and DSL:s). There are also some _very_ competent and passionate people and if you're lucky you get to work with them.

    Cons

    The other side of the coin ;-) the core part is PL/SQL, who would do DSL:s and OO in PL/SQ:L today and why?!? recently there's been an epidemic of hiring B-managers-who-hire-C-people... Also cultural lack of accountability

    Advice to Management

    Implement a culture of accountability.


  6. "Avaloq Edinburgh a great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Edinburgh, Scotland (UK)
    Current Employee - Business Analyst in Edinburgh, Scotland (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Avaloq full-time (More than a year)

    Pros

    The office environment has to be one of the biggest pluses of working for Avaloq in Edinburgh.
    There is a well appointed kitchen and dining area with the added bonus of a pool table for those who fancy a short break from their working day. Every Friday morning we have pastries delivered from a local bakery and can spend time catching up with colleagues about whatever we like. Oh, and no nasty vending machine hot drinks here! We have 2 proper coffee machines like you'd find in a coffee shop and a cupboard full of lots of different types of tea.
    The work itself is interesting and challenging with a decent degree of local autonomy. Having worked previously in the IT department of a large Scottish financial firm the work ethos here is markedly different - I feel like I am listened to with my opinion being taken seriously both locally and by colleagues in other locations. No sense of "that's nice but you HAVE to do it half that time" like I often found in my previous position.
    Once you've passed probation you can apply for a remote access token which makes it really easy to work from home on those days when you have tradesmen coming in to fix something or you need to be in for the delivery of a large item - no having to use up your annual leave just because you need to be in on a weekday for someone arriving sometime between 8am and 6pm!

    Cons

    So much cake! No seriously, if you are trying to diet you need masses of willpower to avoid the almost daily cakes and sweets arriving onsite from one colleague or another :-)


  7. "Decent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Relaxed office, nice people, challenging work, good work/life balance

    Cons

    Complicated management structure, confusing benefit scheme

    Advice to Management

    Improve management structure


  8. "Dynamic - with all its pros and cons"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Zürich (Switzerland)
    Current Employee - Anonymous Employee in Zürich (Switzerland)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Avaloq full-time (More than a year)

    Pros

    Dynamic environment, lots of ideas around, and one has the liberty to shape its own position. Great identification with the company.

    Cons

    If you prefer clear roles & responsibilities with strict management of tasks, this is not your place. Change & innovation is the new black.


  9. Helpful (3)

    "Expanding company with a miser mindset and generating chaos"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Avaloq full-time (More than 5 years)

    Pros

    Very good clients, learning opportunities, good product base, international staff

    Cons

    Cumbersome organization, confusion if not chaos, sick competition for survival, company is reluctant to invest, organizational pitfalls jeopardize teamwork


  10. "Mediocracy...at its best"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The people are friendly and do collaborate across the department.

    Cons

    - The lack of career development is an issue, as there is no clear structure for development other than into management.
    - Lack of a coherent strategy for the software development
    - Process driven organisation = minimal innovation opportunities
    - Improve the benefits


  11. Helpful (1)

    "Not a leader in BPO technology and as an employer yet"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Singapore (Singapore)
    Former Employee - Anonymous Employee in Singapore (Singapore)
    Doesn't Recommend
    Negative Outlook

    Pros

    A place to stay if you are not looking for career advancement, increment or bonus
    Work life balance

    Cons

    Company has been making losses. No increment or bonus for many employees
    Hire and fire of employees can take place in less than a year.
    Good employees are leaving companies
    BPO technology and products are not fully ready for customers
    Only one BPO customer currently and customer is not running on full fledged BPO technology. Company seems to be struggling to find new customers

    Advice to Management

    Invest in technology
    Have clear direction
    Hire good and reputable management team with good track record to lead the company forward



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