COVID19 pushed this place into a death spiral - Managing Director CACIB Employee Review

1.0
26 Oct 2021
Recommend
CEO approval
Business outlook

Pros

Originally a nice place to work, with a decent work life balance and a caring environment. CACIB remains well regarded in the market for certain products and sectors.

Cons

HR has gone completely rogue, implementing a return to work policy as early as June 2020, which completely disregards employees' real circumstances. This has led to 150+ departures in less than 2 years (out of 700 staff), with many senior, talented employees (particularly women) leaving the bank. In terms of compensation, there is limited opportunity for upside and not enough differentiation for strong performers. The deferral plan is also very detrimental for high earners.

Explore other reviews about CACIB

5.0
21 Oct 2025
Recommend
CEO approval
Business outlook

Pros

Good people that help you

Cons

I do not have any

2.0
6 Jan 2026
Recommend
CEO approval
Business outlook

Pros

- Good work life balance. - Good atmosphere in my team.

Cons

- Salary is 30-40% under market, despite "above expectations" at performance reviews and consistent positive feedbacks. Run away if you're on a visa, they'll take advantage of you. - I agree with other comments, HR team is toxic, power play. - Slow. - Don't expect to be able to change things. - No IT culture, lots of manual tasks with low value added due to very poor IS. You'll spend half your time exporting data from legacy systems, manipulate the data and do low value added reporting. As an example, you need to go through a poorly designed UI to export a greek, and wait ~15/30min to proceed with another export. And you only have access to a quarter, so for a period of one year, it's 4 exports. Imagine having to export 3 different greeks over a year, that's 12 exports. - IT team couldn't whitelist yahoo finance endpoints after two years of back and forth with several IT teams.

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