Citi Reviews in London, England | Glassdoor

Citi London Reviews

Updated November 22, 2016
18 reviews

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London, England (UK)

1.0
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Citi Chief Executive Officer, Citigroup Michael Corbat
Michael Corbat
3 Ratings

18 Employee Reviews

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Pros
  • Upper management is great to work with and understands the need for a work life balance (in 536 reviews)

  • Flexible work arrangement - many people can work from home or have flexible working hours (in 214 reviews)

Cons
More Pros and Cons

  1. "Citi Life"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior .NET Developer in London, England (UK)
    Former Employee - Senior .NET Developer in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Citi full-time (More than 5 years)

    Pros

    Nice culture and work/life balance. Friendly atmosphere.

    Cons

    Sometimes you dont get recognized for hard work hence and also slow career progression.

    Advice to Management

    There's a need to pay attention to "the little people". Look for schemes that will help improve people's careers and not let good people slip through the cracks (especially because of low pay or noncompetitive salaries).


  2. "A Bank that still faces challenge"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in London, England (UK)
    Former Employee - Senior Vice President in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Citi full-time (More than 3 years)

    Pros

    Citi has a big footprint in the UK so there are a number of internal opportunities with training available if positioned in London

    Cons

    Poor management, lack of direction, some of the management are ethically challenged and don't employ TCF fully. Lack of training unless you are based in London.

    Advice to Management

    Improve your ethical behaviours, invest in to your non London locations, they are usually left out of the corporate events and training opportunities.


  3. Helpful (3)

    "Don't work here if you are creative and aspirational"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Associate in London, England (UK)
    Former Employee - Investment Banking Associate in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Citi full-time (More than 5 years)

    Pros

    #You learn the nuts and bolts of business/microsoft software fairly quickly on the job which is helpful going forward
    #Exciting for a few years, then you become wiser of the work distracting politics that the place is riddled with

    Cons

    #Terrible and corrosive company culture. Highly inefficient in every way and treats employees with absolutely no respect
    #No work life balance
    #Business lines are not motivated properly, only MD level are (and they don't do any of the work!)

    Advice to Management

    #Sort out your negative culture, all of it, everywhere
    #Go back and find the personality and charisma that most of you lost a very long time ago
    #Respect the people that work for you
    #Stop treating juniors like modern day slaves, they work for you, they don't own you
    #Develop you those that work for you, getting a title promotion is not career management by the way


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  5. "Very political organization, lots of red tape and time wasted on menial tasks"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Applications Development Technical Specialist in London, England (UK)
    Former Employee - Applications Development Technical Specialist in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    A global brand recognized all over the world, some clever people to learn a things or two from. Potential to move to other location across the globe. Upper management is trying to change things for good

    Cons

    Hellbent on cutting cost to the point that cost increase instead.

    Example IT support outsourced to cheap location with untrained stuff leading to days of wasted time of blindly following scripts trying to fix problems. Abundant with office politics afraid to challenge superiors leading to following wrong path until too late. In the dept I worked they changed course three times in less than ten years and it looked like they got it wrong the last time two as all top management left recently.

    Another thing is they have this endless training sessions for regulatory requirements etc most of them totally irrelevant.

    Long working hours mainly due to the fact people are spread across the globe and they are not doing their jobs properly. By the time the guy in Pune had figured out the solution to your problem he/she is going home for the day so you have to wait till the next day.

    Other thing I've noticed there seems to be a lots of nepotism you see former colleagues/friends being promoted where they don't have the abilities to fill the role.

    Too many people I found been working for over 10 years resisting any change to the systems status quo.

    Advice to Management

    Change the culture, listen to the people, form working groups get rid of people who have been there for donkeys years and do not want to change and stop progress. Recruit capable people with bright ideas give them power to change things.


  6. Helpful (2)

    "Director"

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

    I worked at Citi full-time (More than 5 years)

    Pros

    Good location in canary wharf and pension

    Cons

    poor management, internal politics and slow innovation


  7. Helpful (2)

    "Full of office politics"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in London, England (UK)
    Former Employee - Analyst in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    None, if you are a lazy person citi is the place for you

    Cons

    Terrible managers
    A lot of office politics
    Will give employees low End of year rating performance rating as a tactic not to give bonuses(there is no/little money for bonuses so need any excuse not to give it), also it's rated on a bell curve which means if someone gets a high score someone else has to get a low score(even if for no reason- completely stupid and unjustified)

    Advice to Management

    Treat employees better
    Support the ones who want to improve and grow


  8. "Technology Operations"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technology Analyst in London, England (UK)
    Current Employee - Technology Analyst in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Citi was a good company until they opened the door for managment consulting.

    Cons

    Hire and fire. Dont give up a good Job just to join Citi.

    Advice to Management

    This would be a waste of time. Senior Managers at Citi are not born to listen. They are hired to execute.


  9. "Avoid at all cost"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales & Trading Analyst in London, England (UK)
    Current Employee - Sales & Trading Analyst in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Sounds like a good company to work for

    Cons

    You will have to lose your ethics, your youth and at the end the bonus will be nowhere near what you had hoped for.

    Advice to Management

    Take the FCA rules more seriously. You don't need to do research on how to best mislead your clients to be successful.


  10. Helpful (5)

    "Not good, hence leaving Citi to join competitors"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Manager In Supply Chain Finance in London, England (UK)
    Former Employee - Product Manager In Supply Chain Finance in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Citi full-time (More than 5 years)

    Pros

    - Work-life balance is not too bad and there is flexibility if you need to work from home
    - Good training courses and online material to learn from

    Cons

    - Salary is poor, below market rate and bonuses have been close to zero since 2008
    - Not a friendly working environment and there is unhealthy competition within the same team. People are not willing to share information and work in silos
    - Lack of leadership within the team, talented people are lacking and people tend to be over-competitive to mask their insecurities
    - Politics get in the way and morale is low. Staff are leaving to join competitors
    - Extremely limited opportunities for career advancement within the department

    Advice to Management

    - Need to focus on talent and compensate based on performance


  11. Helpful (2)

    "Great in the past not so great now"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Middle Office in London, England (UK)
    Former Employee - Middle Office in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Citi full-time (More than 8 years)

    Pros

    Its a huge company so you get lots of mobility. The company has one of the most diverse workforce's in the world. Whilst base is generally under market they can flex the bonus pot to your advantage to ensure overall comp keeps up (in a good year)

    Cons

    VERY Long hours. overall performance of the firm really impacts comp. HR dept is poor in supporting staff. If you have Lehman's on your CV you seem to do well at the expense of harder working employees. Very much a blame culture and not very collaborative to get the job done. Its all about dodging the buses people are trying to throw each other under.

    Advice to Management

    Take a look at long time staff who are leaving and understand why that is.


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