Citadel "work life balance" Reviews | Glassdoor

Citadel Employee Reviews about "work life balance"

Updated Oct 3, 2019

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4.2
83%
Recommend to a Friend
86%
Approve of CEO
Citadel CEO Ken Griffin
Ken Griffin
176 Ratings
Pros
  • "smart people, meritocracy, room for advancement(in 34 reviews)

  • "Fast paced environment with no(minimal) red tape(in 20 reviews)

Cons
More Pros and Cons

Reviews about "work life balance"

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  1. "Fast Paced, Lots of Responsibilities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citadel full-time for more than a year

    Pros

    Citadel is a great place to work for someone without too much experience in the industry. You can make an impact right away and have ownership over your projects. This comes with more responsibilities and you get to interact with the stakeholders of your work. Having ownership means that you can see your project from initial design through to production. Since the people that use the software that you build are... internal clients, you get feedback constantly, resulting in a fast paced iteration process. You will be learning alot really quickly and get to develop not only technical skills, but also communication, leadership, and financial skills. teams are generally pretty small and generally collaborative. The company has a very flat sturcture and results oriented. As a junior developer, quant, or trader, you have many opportunities to interact with leaders in management across different functions.

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    Cons

    Citadel is split among different businesses. As an engineer, you will be supporting traders and researchers who generate money for those businesses. Not all the businesses have the same culture and thus team experiences could differ. This also means that there will be a team with a business need and culture that you will find compelling. Some teams' work life balance isn't too great and do work very long hours.... Usually it is because the projects they work on are very time sensitive and high margin. Turnover is relatively high as some new people may not fit in well with the team and/or business.

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    Advice to Management

    Try to keep more of the talent that you spend so much money to recruit for. Very smart and talented people have left due to internal politics and bad team/business fit.

    Citadel2019-10-04
  2. Helpful (1)

    "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Quantitative Developer in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Citadel full-time for less than a year

    Pros

    - Fast paced environment - Ample learning opportunities and encouragement to take on greater responsibilities - Ability to take on impactful projects from day 1 - Really enjoyable colleagues who are some of the smartest in the industry - Generous compensation In general, there are some reviews about how terrible of a working environment Citadel is, but I highly disagree. There is, if anything, a much more... collaborative environment than I have seen at other companies. Also, work-life balance is not nearly as bad as people would seem. Especially out of New York, the workday is nothing more than other finance companies and very similar to what you would see at similar positions in the most competitive tech companies.

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    Cons

    - Since everyone is very talented and ambitious at Citadel, upward mobility is a little harder than at smaller hedgefunds or at less reputable companies. Not a huge deal, just worth mentioning.

    Citadel2019-06-14
  3. "Challenging and aggressive company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citadel full-time for more than 3 years

    Pros

    Brilliant people, good work perks, never ending change and movement, daily challenges in an aggressive environment

    Cons

    At times limited work life balance, not a lot of promotion from within, at times little communication with employees

    Advice to Management

    More internal communication, more internal promotion

    Citadel2018-02-23
  4. Helpful (2)

    "Technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Citadel full-time for more than 8 years

    Pros

    - Work with some of the brightest minds in the business - Ability to set your own goal, hands off management - Great financial incentives

    Cons

    - Work-life balance is not as good

    Citadel2018-02-02
  5. Helpful (32)

    "HR strategies"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Human Resources Business Partner in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Citadel full-time for less than a year

    Pros

    The Compensation and benefits good, but factor in 50-60 hour weeks. Bonus can be decent if you survive long enough. Some really talented people they attract, but cant get them on the same page.

    Cons

    -Long hours - Unclear direction, changing priorities -No work/life balance - Hiring leaders from outside the industry who dont understand Wall Street and cant adapt - Lots of turnover, short stints in HR/Recruiting, especially from seasoned Wall street vets who succeeded in past roles. You are setting successful people up to fail.

    Advice to Management

    Figure out what you want to achieve with your people and Talent strategies. You have hired huge numbers from top tech companies and still cant get anything done as noted in a previous review. Hire people who understand the industry challenges or at least are willing to adapt and learn it. Ask yourselves why employees who successfully worked for your competitors for years cant cut it in your current environment.... Its not working

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    Citadel2017-11-12
  6. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    Former Contractor - Anonymous Contractor 
    Doesn't Recommend

    I worked at Citadel

    Pros

    The pay is great, the provided food is wonderful and its a good thing there is a gym on-sight to relieve stress.

    Cons

    Expectations are 200% at all times, no social interaction/communication, no direction from management, not a healthy mental environment nor beneficial for career growth. Poor work life balance.

    Citadel2017-08-24
  7. Helpful (22)

    "Good luck, you'll need it in technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Citadel full-time for less than a year

    Pros

    Great pay and bonuses. The benefits are excellent.

    Cons

    The management in technology is a joke. The Directors/Vice Presidents have been there to long and several don't know how tech works. The CTO is always changing so there is no stability. The tech stack is very old. There is also a lot of back stabbing with various teams. There is no work life balance. You are expected to work a minimum of 50 hours.

    Advice to Management

    Start from scratch. Bring in new talent and not people that have been in the financial arena their whole lives. Trust your developers.

    Citadel2017-06-12
  8. Helpful (40)

    "Citadel Securities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Developer in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Citadel full-time for more than 3 years

    Pros

    Comp is very good. Free food is decent.

    Cons

    No work life balance (you would work 10-11 hours a day min), constant jokes from peers (and management) of "do or be fired". Interests are very short term. Failure is not an option. CYA culture everywhere. Zero planning. No transparency from above. Very poor communication when people come and go. One day you are sitting next to someone, next day he is gone. No notice, no nothing - just like that.

    Advice to Management

    Grow up. You have all the money in the world already.

    Citadel2017-03-15
  9. Helpful (5)

    "Amazing company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Infrastructure Intern in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citadel for less than a year

    Pros

    Excellent team members. People are great and talented and friendly. You can walk to anyone, introduce yourself, ask for 5 mins of their time and ask them questions, they'll always help. Interns are given real tasks. All the interns build something that the team is going to use once they leave. Real projects, real work. No messing around. They expect a lot from you and if you deliver they'll treat you nicely.... They try to maintain work-life balance by taking you out to various events on weekends. Great place to work

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    Cons

    Fast paced, if you don't keep up, you'll stay behind. It can be intimidating working with highly talented people and interns who are from ivy league colleges who interned in Google, Apple, Amazon. We worked 10 hours at will. Nobody made us but work can be hectic and stressful.

    Citadel2016-09-03
  10. Helpful (10)

    "Good place to make money."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    • Senior Management
    Technology in Chicago, IL
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at Citadel for more than 8 years

    Pros

    Fast paced. Challenging work.

    Cons

    It is a very time consuming place. Work/Life balance is not good.

    Citadel2016-04-18
Found 28 reviews