DTCC reviews

3.9

73% would recommend to a friend

(1,724 total reviews)
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Frank La Salla

70% approve of CEO

71% positive business outlook

DTCC has an employee rating of 3.9 out of 5 stars, based on 1,724 company reviews on Glassdoor which indicates that most employees have a good working experience there. The DTCC 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

2K reviews
1.0
Apr 4, 2018

A terrible place to work!

Recommend
CEO approval
Business Outlook

Pros

Compensation - In my opinion the company offered average to slightly above average compensation

Cons

Management - In my opinion the management is completely out of touch with their employees. They are either completely clueless regarding the corporate strategy or extremely poor at communicating it to their employees. Either way, this type of disconnect between management and their underlying employees creates a tremendous amount of distrust. And this distrust leads to employees spending an inordinate amount of time trying to fill in the blanks themselves, which is tremendously counterproductive. Additionally, many of the people in management positions, particularly at the Sr. management level, attained those positions largely as result of their political clout and not because of any tangible management skills. Culture - Some of the management issues outlined above (it is by no means an exhaustive list) has led to a culture of distrust. Many of the employees spend a good deal of their time trying to fill in the blanks left by the void in leadership. Still other employees spend their productive time speculating what might happen to the company in the future, just plain gossiping and/or jockeying for their own political position within the organization. This activity is polarizing and creates an environment wrought with cliques, which in turn leads to the exact opposite of an open, inclusive and productive work culture. Technology - In my opinion the technology is extremely antiquated. As a result, it takes significantly more resources to maintain it than it would if it were built on a more modern platform. Additionally, the outdated and disjointed nature of the technology make it difficult, if not next to near impossible, to accommodate market driven requirement and enhancements.

4.0
Oct 21, 2017
Recommend
CEO approval
Business Outlook

Pros

When employed it was a pretty good place to work for. Great benefits, good people. But management was too hasty in trying to make personnel decisions, without even knowing the people that work for them.

Cons

We lost our jobs to OUTSOURCING to India,and the Philippines. Those people who took our jobs should think twice before trashing the company or any of its management in the US. Most here are still unemployed after 1 year. So you should be kissing their butts for what you now have!!!!

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DTCC Response
8y
Thank you for your review on Glassdoor. We review all feedback and appreciate the time you took to write it.
1.0
May 15, 2017

Manager. Full time. Jersey City.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexibility when available. Pension plan.

Cons

Many. Fixed minded management. Incompetent management. Company promises benefits at the time of hiring, like flexibility or WFH, that are not available later on. If flexibility is allowed, it is more done in a manner that the manager is doing you a favor (depending on their personal view on flexibility) rather than a benefit that was part of the package provided by the company. Management very limited in their ways of motivating, developing and appreciating good employees. Unprofessional demeanor of many employees is accepted on a daily basis. One team mindset won't take you far as it is not a firm wide mindset. Managers do other managers favors by engaging their emoloyees in projects that should never belong to them in a first place (totally different department and expertise) but they do it because of office politics. If you are early on/ mid in your career- you will loose your skills over years or won't gain any new ones for sure! This company does not invest in their employees... they just want to utilize the skills you already brought to the table. Integrity is not of a value as long as you get things done.

Viewing 22 - 24 of 1,724 Reviews

Glassdoor has 1,956 DTCC reviews submitted anonymously by DTCC employees. Read employee reviews and ratings on Glassdoor to decide if DTCC is right for you.