DTCC reviews

3.9

73% would recommend to a friend

(1,724 total reviews)
avatar

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
May 5, 2017
Recommend
CEO approval
Business Outlook

Pros

The salary/bonus is very competitive. In fact, the compensation is higher than some of the banks. Pretty much nothing else.

Cons

There is little I can add after reading the other reviews but I can reiterate the biggest issues which are incompetent management, the old boys network that permeates top-down and the "inner circle" phenomenon. I've been in the tech/finance industry for around 20 years and I've never seen this level of dysfunction and gross incompetence anywhere else. I'm thankful to have left when I did, before I became institutionalized. I urge anyone interested in technology and personal/professional growth to run, not walk.

2.0
Jan 26, 2017

My thoughts on DTCC

Recommend
CEO approval
Business Outlook

Pros

They pay well but it comes at a price

Cons

No loyalty from the company and once you hit 50 and are in management you can kiss your job goodbye. It's all about cost cutting - everyone is eventually replaced for lower salaried staff either in the USA or more commonly, outside the USA. Regulators everywhere, unreasonable demands. Over the years this place has gone from great to one of the worst. Blame it on the new management team.

1.0
May 9, 2015

Technical Consultant

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pay can be pretty good but upper management needs to keep their nose out of it and let front line managers have more of a say in how compensation is implemented. The screw around with your income like it is a game.

Cons

Upper management seems clueless as to how things are going at the troop level. Too much emphasis on off-shoring without regard to the cost of working with off shore people. Too much time wasted while trying to communicate while work go undone or is not done on time or is of poor quality and then someone local needs to fix. Officers regard themselves too highly while discounting the value of the people who get it done and they base their pay on 75% of the median pay while while everyone else is based on a much lower percentage of the median pay. Typical greedy management.

Viewing 25 - 27 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.