Credit Suisse - Good work life balance, average pay, great private banking franchise | Glassdoor
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There are newer employer reviews for Credit Suisse

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Helpful (1)

"Good work life balance, average pay, great private banking franchise"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Private Banking Associate in London, England (UK)
Former Employee - Private Banking Associate in London, England (UK)
Recommends
Approves of CEO

Pros

Extremely well developed PB business with fantastic product platform and client offering. If you perform well, mgmt are flexible with your working hours. The services around the normal products, such as tax assistance, research etc are very good. If you are entering the industry, it is a very good place to start given its great education system and well rounded PB offering.

Cons

Dissapointing systems, innefficient back office, slow decision making process die to the bank's Swissness. Some political

Advice to Management

Make PB leaner, focus on high performers, pay higher salaries and raise the standard on the people working in the bank.

Other Employee Reviews for Credit Suisse

  1. "Mixed feelings"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Singapore (Singapore)
    Former Employee - Assistant Vice President in Singapore (Singapore)
    No opinion of CEO

    Pros

    Good pay, Good benefits, Good business

    Cons

    Asia Pac management is more Asia specific, Less caring about the person, more about getting the work done. More about selling yourself, less about getting recognized. More about individualism, less about team work. More about connections, less about ability. More about blame, less about self reflection. Outsourcing strategy is managed poorly and wildly. Wasted money to wring out benefits of cost cutting by hiring low cost and many times less experienced contractors, but adding pressure to experienced employees who have been with the firm longer to perform, while cutting benefits like training budget necessary to keep people sharp and unmeasurable but important benefit of keeping employees happier.

    Advice to Management

    Similar to another comment of a technology company employee, stop trying to make good technical people managers.They make good project/work managers rather than people managers. Employ more people managers who can boost morale, stand up for their team and make the sum of the parts greater than the whole. The reason good engineers want to be managers is manager as a job is always glorified and obviously pays better. Come up with better IT strategy. Stop hiring CTO's who come, talks a good talk, cost cut, take credit and leave, while the foundation is crumbling from all the cheap labor. Cost cutting is good but much of what was done is short sighted. We should have them sign claw back clauses like what is happening on wall street right now. But in IT it would be hard to measure performance as numbers can be manipulated(I know), rather than measures of profit and loss on the business side that are harder to hide.


  2. "Salary"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Developer in Singapore (Singapore)
    Current Employee - Developer in Singapore (Singapore)
    Recommends
    Approves of CEO

    Pros

    Positive Work Culture, Good People, Promotes the transparency, Rewards for meticulous people is there.
    Good People, Motivation level is increased sometimes.

    Cons

    Slogging is too much sometimes but that is said to be required due to project pressures. Especially if working as contractor need to be bit careful.

    Advice to Management

    Can work on improving work life balance. Focus more on permamnet jobs rather than sub-contracting the jobs to other companies.

There are newer employer reviews for Credit Suisse
There are newer employer reviews for Credit Suisse

See Most Recent

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