Dtcc 239 Reviews | Glassdoor

Dtcc Reviews

Updated February 23, 2017
239 reviews

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Full-time Part-time

3.1
Star Star Star Star Star
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Approve of CEO
Dtcc President & CEO Michael C. Bodson
Michael C. Bodson
104 Ratings

239 Employee Reviews

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Pros
  • The company provides a good work life balance thanks to reasonable hours and WFH opportunities (in 37 reviews)

  • o ability to work from home when necessary (in 15 reviews)

Cons
  • People are overloaded with work- make sure you ask about work/life balance (in 9 reviews)

  • Poor management/senior management (in 15 reviews)

More Pros and Cons

  1. "Confusing in regards to Merit increases."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - GITSD in Dallas, TX
    Current Employee - GITSD in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Dtcc full-time (More than 8 years)

    Pros

    They are seriously generous with their yearly bonuses and I appreciate it.

    Cons

    Not sure how the company gives an OU (Outstanding rating) and slides you a 2% raise. Seriously? What do I get if I get a Meets Expectations? Word is I get 2%.

    Advice to Management

    My advice would be to not act surprised when you roll out the company 360 survey and you get negative reviews. We all talk about this and no one is really happy about that. Come on DTCC... 2% doesn't even keep up with cost of living increases. What kind of message does it send when an employee gets an OU rating and a 2% raise? Very disheartening.


  2. "Overall, not that bad"

    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
    Neutral Outlook
    No opinion of CEO

    Pros

    Pay is not too bad

    Cons

    Management can be much better

    Advice to Management

    Remember where you came from


  3. "Good company - Struggling to Grow"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Jersey City, NJ
    Current Employee - Anonymous Employee in Jersey City, NJ
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Dtcc full-time

    Pros

    Very friendly work environment, the people are a joy to work with.

    Cons

    The company itself is too top-heavy. Financially, we continue to struggle, yet we have so many senior execs attempting to validate their existence that it makes getting the day-to-day work a struggle.

    Advice to Management

    Fire some people. Really, it's OK to trim the fat up top rather than down below for once.


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  5. "Wish to remain unanimously"

    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
    No opinion of CEO

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

    Pros

    Flexible work schedule to work from home. Employees have the opportunity to contribute in staff meetings and provide inputs. Major holidays off. The company promotes professional development by offering employee training and tuition reimbursement.

    Cons

    Salary for some remains low, although they contribute to the success of their team. Slow to make decisions.

    Advice to Management

    Practice what you preach. Reward your workers on their merit, not if you like them or not.


  6. "Great Company"

    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
    Neutral Outlook
    No opinion of CEO

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

    Pros

    People are DTCC's strong point along with having a solid business

    Cons

    Very low pay advances, decision by committee and slow to make changes when needed

    Advice to Management

    Be more innovative, join the modern computing world. Be a little kinder to your people, offer more praise, more often


  7. Helpful (1)

    "Architect"

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

    I have been working at Dtcc full-time

    Pros

    It good to work with people with ultra low Caliber.

    Cons

    You may end your career here. Managers can all be eliminated. Directors and VP's wear crowns here. Extremely low technology. Always hire and promote wrong people. Come here if you want to retire.

    Advice to Management

    Sir. Please fire who have title "Manager" and Hire more Technical Directors. I worked in IT for 17 years ..This is by far the sunset place..


  8. "good time"

    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
    Neutral Outlook
    Approves of CEO

    I worked at Dtcc full-time

    Pros

    Execs can be great at times and everyone seems to be nice

    Cons

    slow work sometimes it'll feel like it'll drag on forever

    Advice to Management

    always stay positive to your employees


  9. "Past Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends

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

    Pros

    Great company. Empowering environment. Upper management foster an environment of constant growth and continual improvement. If you are a self driven, passionate worker, you will be encouraged to grow and implement new ideas and processes to be implemented. It was a great place to work, and the compensation and benefits were very competitive as well!

    Cons

    There is no perfect company


  10. Helpful (5)

    "My thoughts on DTCC"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in New York, NY
    Former Employee - Managing Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    They pay well but it comes at a price

    Cons

    No loyalty from the company and once you hit 50 and are in management you can kiss your job goodbye. It's all about cost cutting - everyone is eventually replaced for lower salaried staff either in the USA or more commonly, outside the USA. Regulators everywhere, unreasonable demands. Over the years this place has gone from great to one of the worst. Blame it on the new management team.

    Advice to Management

    How about treating your employees with respect and dignity, not pieces of meat that you discard when you get the urge. Or when you think you are saving some $. Doubt you will listen or care because I know your total compensation and for most of you guys on the leadership team its $500k and up. What a joke.


  11. "Executive Risk Asssistant"

    Star Star Star Star Star
    Former Employee - Risk Officer in New York, NY
    Former Employee - Risk Officer in New York, NY

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

    Pros

    Great Benefits an lots of training venues.

    Cons

    Managers treat one like scum.



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