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      Citco

      Engaged Employer

      Citco reviews

      3.4

      59% would recommend to a friend

      (3,580 total reviews)

      Christopher Smeets

      66% approve of CEO

      60% positive business outlook

      Ratings by demographic groups

      Citco has an employee rating of 3.4 out of 5 stars, based on 3,580 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Citco 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

      4K reviews
      1.0
      Aug 7, 2017

      Caution! Read this before you accept your offer...

      Investor relations specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Career Opportunities - Large firm so you can move internally (if they ever let you) Compensation & Benefits - Good benefit package Work Life Balance - It exists..on some days Senior Management - N/A Culture & Values - Everyone gels well together on most teams, people are willing to help each other. Also, the weekly goodbye parties are always fun!

      Cons

      Career Opportunities - Moving from one team to another will get you experiences...but you can't escape the toxicity that is in Citco. You know there is a serious problem when their top competitor is able to easily poach large amount of employees over a short span of time. Compensation & Benefits - Below average salary (but HR insists that what they are offering is "competitive" due to "total package"(i.e. benefits + salary)) Work Life Balance - Overtime can get extremely overwhelming and is expected as part of your evaluation criteria. If you refuse to do it, they will refuse your bonus/promotion/raise etc. Paid sick days have been reduced from 10 to 3 and they claim it is "industry average". Senior Management - Too many chiefs not enough Indians - extremely disorganized when there are conflicting point of views. Little to no action done on feedback received from NUMEROUS surveys they have solicited. Culture & Values - Extremely low morale, and incredibly high turnover rate across the firm - every week there are people leaving regardless of having another job lined up or not.

      avatar
      Citco Response
      8y
      Dear former employee, The leadership of Citco takes employee feedback seriously (both from former and current employees). As a matter of fact, we have recently completed our first global employee engagement survey in a number of years. At the moment, we are currently reviewing the feedback with a standpoint of enhancing the things that Citco does well, and addressing areas that will enable our employees to be fully engaged and fulfilled. It's unfortunate that Citco wasn't a good fit for you and I wish you success on your future endeavours. Thank you for your review.
      1.0
      Dec 2, 2016

      Application Support Analyst

      Senior applications developer/support specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Very clever old employees and managers who have known tricks to stay longer and not let any new person come in and learn skills so they stay longer Be careful of them as they are just like snakes waiting to bite you ;)

      Cons

      every thing honestly worst company i have ever worked poor health package who tries to take out money from you instead of reimbursing HR are the most worst of all they say will give good reference on your face and on your back they will back stab you

      avatar
      Citco Response
      9y
      Dear reviewer, I'm not sure how to respond to your feedback, because this certainly isn't the Citco I recognise. You correctly reference our very long serving and valued employees which I believe is a reflection of how rewarding and satisfying a career in Citco can be. It does of course provide a challenge to create progression opportunities for newer employees but that challenge is one we thrive on, as we continue to innovate our leaning and development offerings to ensure that people have the opportunity to grow their skills year on year, so they are ready to progress when the opportunities present, as they inevitably do in a growing company. I am also struggling to understand your reference to the Company health package which is generous by any standards, providing comprehensive private health insurance to employees and their families. I note that you are no longer an employee, and so I hope that you have a fulfilling career in an environment that meets your expectations.
      1.0
      Feb 12, 2016

      Went downhill. No integrity

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Used to be a good place to work and the boss was great. Not any more.

      Cons

      Now full of politics and lies. My manager used to be great but has become tainted over the years and has resorted to bad behavior and dishonesty. Cannot recommend this place. Beware the HR dept too. The company's documents are plagiarized from a car rental company. Very dishonest.

      Viewing 361 - 363 of 3,580 Reviews
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