CAF (Venezuela) Reviews | Glassdoor

CAF (Venezuela) Reviews

Updated December 14, 2016
15 reviews

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3.9
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15 Employee Reviews

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  1. "No better Place to work in LatAm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at CAF (Venezuela) full-time (More than 10 years)

    Pros

    The Place to Gain a profound and real understanding of the Region being able to contribute with its development with a sustainability vision with a harmonious integration view.

    Cons

    Some bureaucracy as in any MLA. Headquarters in Caracas which is a strong safety concern since you suppose to live in that city.

    Advice to Management

    Move the offices.


  2. Helpful (3)

    "Very good learning professional experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Neutral Outlook

    I worked at CAF (Venezuela) full-time (More than 10 years)

    Pros

    Exposure to networking and cultural diversity

    Cons

    Opportunities for advancement and promotions


  3. "Great kickstart..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst
    Former Employee - Financial Analyst
    Recommends
    Positive Outlook

    I worked at CAF (Venezuela) (Less than a year)

    Pros

    The Investments Department was pretty much a start up, so there was a lot of involvement opportunities and learning experiences... Even for a first year summer intern...

    Cons

    The office is managed under a very family-based structure... Informality may be seen as unprofessional

    Advice to Management

    Keep challenging your interns...


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  5. Helpful (1)

    "Good place to work"

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

    Pros

    A true Latin American development bank
    Great multicultural environment
    Great place to learn about the region

    Cons

    Sexism
    Poor technology
    Low career development


  6. "Great experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook

    Pros

    You will work for the LAC

    Cons

    no cons for me, great company!


  7. "Good Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Logistics and Administrative Services' Executive in Caracas, Capital District (Venezuela)
    Former Employee - Logistics and Administrative Services' Executive in Caracas, Capital District (Venezuela)
    Recommends
    Positive Outlook

    I worked at CAF (Venezuela) (More than 5 years)

    Pros

    Good Salary
    Good Benefits
    Good Work/life balance

    Cons

    Fewer career opportunity
    Old fashion policies


  8. "Excellent"

    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

    I have been working at CAF (Venezuela) full-time (More than 3 years)

    Pros

    Great benefits and great salary.

    Cons

    Long working hours and little family time.

    Advice to Management

    Reduce lunch hours


  9. "Not worth it - poor focus on employees"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive in Caracas, Capital District (Venezuela)
    Current Employee - Executive in Caracas, Capital District (Venezuela)
    Doesn't Recommend
    Neutral Outlook

    I have been working at CAF (Venezuela) full-time

    Pros

    + You can save a lot of money if assigned to Caracas, because of current economic distorsions

    Cons

    + Yearly bonus comes in form of rental subsidy (80% of your rent up to a certain limit)
    + Employee move is often very arbitrary and the whole organization is micro-managed...this leads to many irrational decisions being taken. Some of those affect your career and day to day life very directly.
    + No transparency at all on salary structure o pay schedule. Very arbitrary
    + VERY SLOW progression

    Advice to Management

    + Make career advancement and remuneration more transparent.
    + Remuneration should be competitive with other MDBs (WB, IaDB, ADB, etc.)


  10. Helpful (1)

    "Nice place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in Caracas, Capital District (Venezuela)
    Current Employee - Administrative Assistant in Caracas, Capital District (Venezuela)
    Recommends
    Positive Outlook

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

    Pros

    Learning opportunities, great socioeconomical benefits, it's a great place to work.

    Cons

    It's hard to get a promotion or a relocation.

    Advice to Management

    Everything changes every two months, every process, every task, so you never have one way to work. The communication between some areas has to improve in order to avoid delays with contracts and payments.


  11. "Avoid if not in a core business unit!!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive in Caracas, Capital District (Venezuela)
    Current Employee - Executive in Caracas, Capital District (Venezuela)
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Good salary, particularly for Venezuelans that do not have access to US dollars.

    Cons

    Andean hierarchical structure and culture.
    Service areas have not a real concept of what service is, exploding personal to their limit in a submissive fashion to satisfy bosses.
    Great difference in treatment between foreign personnel and locals.
    Professional development is nonexistent..
    Living in a country like Venezuela is a high risk for you and your family (kidnapping among related and employees is a repetitive story).
    Every time a more bureaucratic culture for its small size. Think it is a defensive measure to cope with submissive culture of service.

    Advice to Management

    At least try to work as a private sector company, fight public sector culture.


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