Credit Suisse Group AG, one of the world’s leading financial services companies. read more
Since I joined there has been relentless off shoring of resources, skilled staff have left in London due to redundancy or resigning making it far more difficult to get work done. It takes 3 times longer than it did 10 or more years ago so there is a measurable loss of efficiency
What did you like most about the interview process?
Welcoming attitude at the time I was employed
What needs to change to make the company culture better?
More support and appreciation needs to be shown to hard working employees
What are some of the best things about your team?
Good collaboration due to positive friendships but nearly impossible to deliver due to a shortage of resources in most areas.
What's going wrong and how can it be improved?
Overworked staff due to redundancies and resignations of disillusioned staff. Investment in resources and more openness about the direction the company is heading in terms of off shoring
What does the leadership team need to get better at?
Staff compensation is poor and is not aligned with the banks financial results. Salary increases non existent and bonuses down year on year despite the bank posting better results and profits year on year.
Why do you feel undervalued and what would make you feel better about your compensation?
Over worked due to staff cuts. Work load goes up and compensation goes down. The bank is exploiting the Covid situation by creating a climate where you feel you have to do the work of multiple people for fear of losing your job. Morally bankrupt is how I would describe the executive board attitude
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