Citco reviews

3.4

60% would recommend to a friend

(3,568 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 3,568 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
Dec 15, 2017

Only if you're unemployed and in desperate need of a job.......

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Co-workers are nice....... Relaxed atmosphere Free beer

Cons

Honestly too many to name. Offer free beer in place of industry standard salaries and bonuses.......are you kidding me. Layoffs every quarter.......I've never seen employee moral so low in my 18 years of experience at other firms. Avoid at all costs.

avatar
Citco Response
8y
Dear Employee Thank you for taking the time to post a review. I appreciate the pros you listed. I agree, our staff make the environment a great place to work and the atmosphere is not often high pressured. The work is dispersed in a manner that minimizes tension. The Company is going through some changes. We are putting forth every effort to listen to our staff and provide more transparency as to decisions the company is making. In addition, as a result of our global employee opinion survey, we are working towards addressing concerns expressed throughout our global organization. I hope you can be patient and be a part and see some of the positive changes we are working to implement within the coming year. Again, thank you for taking the time to share your feedback. Executive Vice President - HR Operations (US and Caribbean)
1.0
Jun 1, 2019
Recommend
CEO approval
Business Outlook

Pros

Pay is average. It's very rare but if you have a good manager, your life will be much better. They do attempt to prepare activities but most employees don't participate because they have a lot of work.

Cons

So many cons about this place but let me make it short. Let's start from the micro-managers. The so called VP are actually associates in other firms because majority of them don't have the right skills to be in that position. Some act like dictator, some act like they work for burger king and some have no clue what it means to manage. Most are promoted because they became friends with the big boss. As a result, complaining to the big boss is pointless. Reaching out to HR for improvement or complaint about your manager, good luck because they take the managers side at all times. Every month since February, we have had two people resigned due to the poor treatment from mangers. It has become toxic environment because of few incompetent managers. Challenging the status quo or innovative ideas, please save it to another firm because no one is willing to listen. Technology is still behind, I don't believe they want to invest in it.

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Citco Response
7y
It’s disappointing to read this review but I appreciate you taking the time to provide feedback. This is not the Citco I recognize and indeed goes completely against our values. We invest heavily in training, learning and development at all levels, both technical and soft skills training to ensure we equip our managers with the necessary skills to successfully manage a team. Thank you for your feedback. We would also encourage you to explore more internal communication channels available to you to address your specific concerns.
1.0
Mar 6, 2018

Accountant

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nothing - zero. I tired thinking so hard to come up with any pros. best i could come up with was free drinks!

Cons

Managers are bullies. The firm is small so HR is also a joke. You get micro managed. They even tell you exactly how to write an email! Are you kidding me! No flexibility. Though it's a salary the count to the minutes. No succession planning. Been there 5 years in the same position. I don't even look forward to getting promoted. Never received a bonus! Raises are minimal to account for inflation. Not every year. Each team has the golden boy/gal who is favored. Some racism to a certain extent IMO.

Viewing 4 - 6 of 3,568 Reviews

Glassdoor has 3,703 Citco reviews submitted anonymously by Citco employees. Read employee reviews and ratings on Glassdoor to decide if Citco is right for you.