Citco reviews

3.4

59% would recommend to a friend

(3,583 total reviews)

Christopher Smeets

66% approve of CEO

60% positive business outlook

Citco has an employee rating of 3.4 out of 5 stars, based on 3,583 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
2.0
Nov 26, 2019

Meh

Recommend
CEO approval
Business Outlook

Pros

Beer fridays, lots of fellow new grads

Cons

Low pay, poor work life balance

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Citco Response
6y
Thank you for taking the time to write a review on Glassdoor. As a current employee of Citco it is important to us to hear your feedback. We really try to encourage a positive culture within Citco, and ensure that employees are provided with as many opportunities for development and growth. We recognize that in our line of business there may be additional hours that need to be worked during peak times, however, we try to ensure that there is a work/life balance that meets the needs of our employees. Thank you again for taking the time to write a review. We love receiving feedback.
2.0
Nov 25, 2019
Recommend
CEO approval
Business Outlook

Pros

Global brand name , leader in hedge fund accounting

Cons

Very low take home salary because of archaic compensation structure where almost a quarter of the salary goes into long term retirement funds. This seems to be a deliberate strategy to withold employee compensation thoroughly confused global strategy with respect to India which results in a truly fluid working style and lack of professionalism

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Citco Response
6y
Thank you for sharing your experience with us. It is great to hear that you consider working for a global brand as a positive. It is disappointing to read this review however we are always looking for ways to improve and your feedback is valued. With regards to compensation, we have a simple compensation structure in line with market standards and have been transparent in communicating on this with our employees. Citco is building capability in the Asia region to support sustainable growth. This is in line with our global strategy to increase efficiencies. We are always looking at how we can improve so thank you for taking the time to leave your feedback.
1.0
Oct 4, 2019

Citco unfair employer

Recommend
CEO approval
Business Outlook

Pros

None Nothing Nada No None!

Cons

Citco is an unfair employer. One example is by not treating their long tenured staff with respect. They give people from outside the company high salaries ranging 97k above for manager position while give their long tenured people promoted to manager only 82k-85k. Be fair Citco!

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Citco Response
6y
Thank you for writing a review on Glassdoor. It is important to us that our employees feel that they are rewarded fairly for the work that they do. We always want to ensure that there is equity within our business groups for when we hire external and promote employees within Citco. We are headed into our performance review season and salary reviews will be taking place. We appreciate you taking the time to leave a comment.
Viewing 559 - 561 of 3,583 Reviews

Glassdoor has 3,719 Citco reviews submitted anonymously by Citco employees. Read employee reviews and ratings on Glassdoor to decide if Citco is right for you.