Citi - Good institution with great flaws in key areas of startegy and employee retention. | Glassdoor
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"Good institution with great flaws in key areas of startegy and employee retention."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Relationship Manager in Johannesburg (South Africa)
Current Employee - Relationship Manager in Johannesburg (South Africa)
Approves of CEO

Pros

This is a global institution which has best-in-class standards in terms of product offering and dedication to clients. Good training is offered to employees (or at least used to be offered before the expense cutting regime started). Among local banks, Citi is still revered as the best place to work due to misconception that compensaton is the highest.

Cons

As a global institution, Citigroup is often tone-deaf to local needs in terms of compensation increases and benefits packages offered in order to attract the best talent. Very hierachical and full of career-bankers who believe that years worked in the institution equal talent.

Advice to Management

Senior management has to give regional management more leeway and control in determining compensation and deciding best strategy to deliver returns to shareholders. One size fits all is not the answer when it comes to positioning Citi as number one in local markets.

Other Employee Reviews for Citi

  1. "A company needs to be half in size and double in profit."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Tokyo (Japan)
    Former Employee - Analyst in Tokyo (Japan)
    Doesn't Recommend
    No opinion of CEO

    Pros

    Nikko Citigroup has a vast and strong client base in Japan. It is a large organization and leads in many deals every year. This could be a place to get some hands on experience on some complex and messy financial systems.

    Cons

    Management is not efficient and competent. More people than required. Need to be trimmed in size and be efficient in operations.

    Advice to Management

    Please think do you really need that many losers in your firm! Please try to retain talents by - pay per performance, trainings, and keeping healthy environment to let have leadership. Good people are not going to be there if they don't see growth in career.


  2. "Poor management and HR. Unwelcoming staff and poor career opportunitries - NOT recommended"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in London, England (UK)
    Former Employee - Vice President in London, England (UK)
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Scale of the organisation - otherwise none

    Cons

    Extremely poor management - unfriendly staff, no HR induction - unhelpfull people in all departments. Backstabbing

    Advice to Management

    I found the organisation to be horrendous for its size - I was treated very poorly by both managment and fellow staff. Very unwelcoming and poor communications between departments. Too much beauroracy and politics. I was never given a proper induction by HR - for a company of this size it is essential that this takes place. Staff were particularly unwelcoming and unfriendly towards me - I felt I was being victimised and belittled by staff who had been there for many years.
    Senior Management were poor communicators and were "yes men" to their seniors, not telling the real truth about particuloar matters. Poor decisions were being made about IT and technology engineering that have contributed to the poor financial results of the company. I would never recommend this company to anyone who wants a proper career.

There are newer employer reviews for Citi
There are newer employer reviews for Citi

See Most Recent

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