Citi

  www.citigroup.com
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Citi Reviews

Updated Jul 30, 2014
All Employees Current Employees Only

3.1 2,490 reviews

68% Approve of the CEO

Citi CEO Michael Corbat

Michael Corbat

(475 ratings)

53% of employees recommend this company to a friend

Review Highlights

Pros
  • Citi generally has a good work-life balance for a financial services company (in 193 reviews)

  • Allowed to work from home at least three times a week, was given praise for work from upper management (in 74 reviews)


Cons
  • One of the greatest asset working here was the Work Life balance (in 91 reviews)

  • Senior management continues to move jobs from NYC to Buffalo to save money (in 113 reviews)

More Highlights
2,490 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great employer, investing in people a lot. Eaten up by red tape and bureaucracy

    Team Leader (Former Employee) Sydney

    Prosgreat culture
    respect at work
    career opportunities
    smart people

    Consbureaucracy
    downsizing
    empowerment - difficult to engage offshore resources.

    Advice to Senior ManagementTransformation including offshoring commoditized services requires more though, planning and internal marketing.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good

    Intern (Former Employee)

    ProsChallenging environment but good to be in

    ConsRepetitive sometimes - as is the case with many jobs

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great people but lots of red tape

    Analyst (Current Employee) Sydney

    Prossmart colleagues who are clearly very good at what they do. Lots of responsibility given early on if you want it.

    Consbureaucratic and a nightmare to get anything administrative approved. Systems aren't the best due to the size and many working parts of the company.

    Advice to Senior ManagementHR organisation not as good as other banks.

    Yes, I would recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great training ground, though average pay

    Project Manager (Former Employee) Sydney

    Pros* If you can get in here at the beginning of your career, then you will learn a lot as they have some of the best product, marketing, and operational processes along with financial discipline that I have experienced in my career to date.
    * As things happen at light-speed at Citi, sideward promotions are done quickly so you can move around the different teams within a business unit quite quickly. Upward promotions are another story (see cons).

    Cons* Unlike other organisations, Citi is extremely tight with expenses. Everything is analysed to death before a decision (normally a "no") is made. I noticed a big pull back around the GFC, and it didn't let up many years thereafter. I believe this stifles innovation and risk taking, and unfortunately I see that Citi has gone from an innovator to a follower.
    * Middle management is too focused on protecting their own nests and fighting for the top promotions when they come up from time-to-time.
    * The overall culture in the bank is dog-eat-dog -- people are generally so overworked and competitive that they aren't willing nor have the time to help you...and why would they help a competitor for a future promotion that they're going after?!
    * The pay is really average compared to the big 2/4 - like I said, really great place to learn but terrible if you want to get financially recognised for your experience.
    * Overall, there seems to be a lack of cohesiveness with the strategy of the consumer bank -- do we just focus on the Credit Cards business which is a cash cow, or should we actually become a proper bank and accept deposits and write mortgages? The branch network is orientated towards Asian investors, and sends a mixed message.

    Advice to Senior ManagementGet rid of the middle managers that are just there to protect their nest, start loosening the purse strings and spend some money to become innovative again, and work out what kind of bank do you want to be (just cards, Asian investors, or a general retail bank?).

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great believer in Work-Life Balance. Encouraging towards women.

    Infrastructure Tech Analyst (Former Employee) Sydney

    ProsTrains it's employees to be politically correct.

    ConsThe organization is bit lax towards discipline.

    Advice to Senior ManagementDo introduce 360 degree performance review. Managers get away by only managing upwards.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    SVP

    Anonymous Employee (Current Employee)

    Prosglobal exposure, good inhouse technology

    Conslong hours, as global late and early conference calls

    Yes, I would recommend this company to a friend

     

    Senior product manager

    Anonymous Employee (Current Employee)

    ProsFlexibility / work options, regional and global opportunities

    ConsLong hours, too little staff trying to do too many things

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great in the beginning, horrible towards the end.

    Administrative Assistant (Former Employee) Sydney

    Pros- Some friendly staff to work with

    Cons-Career progression is slow. Promotion is determined by number of years in the company.
    -Hard work done is rarely recognized and rewarded.
    -In some areas, people employed purely because of friendships outside of the workplace, though that person may not be qualified.

    Advice to Senior ManagementMore open communication to all levels of staff.
    Employ Equal Opportunity Office to manage unfair conduct/mistreatment of staff, and provide objectivity in office conflicts.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    xxx

    Project Manager (Former Employee) Sydney

    ProsBig group, well established system (but 80's technology)
    Better risk control after GFC.

    Conslooking for short term profit.
    poor management and business direction.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Citi is a dynamic organisation

    Vice President (Current Employee) Sydney

    ProsGlobal Presence, although international focus has moved to Asiapac

    ConsRegional Directives drive the organisation

    Advice to Senior ManagementCiti has changed over the years, for better or worse undecided.

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