Citadel reviews

4.0

70% would recommend to a friend

(763 total reviews)
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Ken Griffin

84% approve of CEO

80% positive business outlook

Citadel has an employee rating of 4.0 out of 5 stars, based on 763 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Citadel employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

763 reviews
1.0
Sep 8, 2020
Recommend
CEO approval
Business Outlook

Pros

decent salary, but that is all.

Cons

Everyone knows that how coronavirus can hurt people if they are unluckily infected. Some patients got permanent damage to their bodies and almost 200,000 people have died in US. BUT, this company is forcing employees to go back to office!!!!!!!!!!!!!!!!

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Citadel Response
5y
We take our employees’ health and safety seriously and we want to clarify the content reflected in this post. Given our critical role in the capital markets, our businesses (Citadel and Citadel Securities) were designated as essential businesses and accordingly, our offices remained available for employees. We have invested and continue to invest significant resources in a number of health and safety protocols as part of maintaining office availability throughout this period. Over recent months, while individual circumstances have certainly varied, many colleagues have seen some normalcy return in their lives (e.g. schools back in session). As a result, they have been eager to interact with their colleagues in person and we have increased onsite access for them. If you have further concerns, you should feel free to raise them directly with HR, your business unit COO, or the firm’s COO.
2.0
Jul 8, 2019
Recommend
CEO approval
Business Outlook

Pros

With hard work and a non-complacent work ethic, a person can create significant change, both within the firm, as well as within their own career. Excellent compensation and benefits at most levels, and within technology, if a tool or third party product is needed to fit a solution, cost is not of concern as long as the solution is proved out.

Cons

Citadel once could be described as a small firm full of exceptionally bright people that would not take no for an answer. Technologists would face a problem and work together to craft solutions for the firm. The company truly felt like one unit moving towards a common goal. As things changed, Ken unfortunately let in the belief that only persons with certain educational backgrounds or experience would lead to the next leg of success. I have seen definite growth in the business over the years, but the work environment has become cut-throat, toxic, and good ideas are often consumed by others not innovative enough to craft their own. Friendships have quickly been lost, people vanish constantly, giving a constant fear in the air of who is next on the chopping block, and process abounds as the firm grows, delaying project rollouts. The team atmosphere has been lost and it is unfortunately now living up to the reputation it has externally.

3.0
Apr 16, 2017

Operations Associate

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Citadel is an extremely professional environment where everybody takes their jobs very seriously. Management is very engaged, knowledgeable, and in the weeds of what is going on. Nobody lasts at Citadel due to anything besides merit. Great compensation. Your salary will be the highest that there is in the industry. Catered breakfast/lunch/dinner.

Cons

There are two key problems with working in any BO/MO position at Citadel: 1. You have no future within the company doing anything besides what you are doing now. HR and your manager(s) may pretend like there will be opportunities, but that will never happen and you can look at the people at the firm for proof. Nobody transitions into anything desirable. Advancements are in title only. There are people that have been there for 10 years and are 'managers' and even directors that are doing the same menial work that interns will do. There is zero chance for professional growth or career development. The leadership is entrenched (if you would even want their jobs) and not leaving anytime soon. Stay far away if you are ambitious because, despite the name and compensation, it is very much a dead end for your career. Your only hope for meaningful career advancement is to leave for another firm after 3-5 years (which is all Citadel is trying to get out of you). 2. You are compensated more because you are expected to work dramatically more hours than comparable positions anywhere else. On an hourly basis, you are paid the same as people anywhere else, often even less. It is common to work >12hr days in a MO or BO role at Citadel and not uncommon to see people putting in 14 hour days and working weekends. This happens because there is consistent understaffing and a lack of respect for life outside of work. The claim from management is that you need to 'leverage technology,' which is mostly unsubstantiated rhetoric. Many things cannot (currently) be automated. This would be tolerable if there was any future for people willing to put in such work, but there is not.

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