DTCC reviews

3.9

75% would recommend to a friend

(1,732 total reviews)
avatar

Frank La Salla

71% approve of CEO

71% positive business outlook

DTCC has an employee rating of 3.9 out of 5 stars, based on 1,732 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
Aug 28, 2024
Recommend
CEO approval
Business Outlook

Pros

Some nice people to work with.

Cons

As another reviewer has said, the weight and increasing effort this company is putting in to monitor office attendance has gotten ridiculous. Not only do employees feel like they’re being watched like children, but now we also need to worry about hitting certain marks for attendance because the dashboard does not factor in PTO, holidays, etc. Why are we putting more effort into this monitoring tool, but still leave these reporting gaps open? Its as if it’s modeled in such a way to make it look like employees are missing the mark. Frank’s old ways of thinking in regards to office attendance has already caused great talent to leave the company, and it will most certainly continue - especially since we continue to put more effort into this monitoring. This “flexible” wfh arrangement has gotten increasingly inflexible as time goes on, and it’s very unfortunate that DTCC does not take employee feedback seriously at all on this subject. The fact performance is affected based on what chair employees are sitting in is the absolute wrong line of thinking. DTCCs rationale on office attendance is to “increase collaboration”, but how does office attendance increase collaboration for the teams that are based overseas? Team collaboration does not change when the only collaboration is through a Zoom meeting - period. In fact, collaboration is decreased in this scenario due to the time wasted commuting just to make sure our badge swipe is recorded. Another excuse DTCC uses as rationale is that other companies have had a similar attendance model since Covid. Why does this company claim to hold so much weight in innovation, then? Do we only innovate where convenient? It certainly feels that way, since employees concerns over this attendance policy are never heard and are instantly shut down.

avatar
DTCC Response
1y
Thank you for taking the time to share your perspective with us. We value hearing from our current and former employees, your feedback is invaluable to us as we continually strive to improve our workplaces for our employees. We will share your feedback with the appropriate team in order to address the areas of your concern.
3.0
Aug 28, 2024
Recommend
CEO approval
Business Outlook

Pros

High Salary and compensation. Great Benefits

Cons

Management lack of skills and handling team

avatar
DTCC Response
1y
Thank you for taking the time to write a review for DTCC. We're happy to hear your positive feedback regarding compensation and benefits. We will share your additional feedback with the appropriate department to ensure continuous improvement.
1.0
Aug 28, 2024

Run away

Recommend
CEO approval
Business Outlook

Pros

All pros are heavily overshadowed by strong arming employees to go onsite 3x a week.

Cons

Top management keeps on parroting the "all other businesses are doing the same hybrid policy yada yada. It honestly feels like the more inconvenient and hassle it is for employees, the happier top management is. Most of our work don't require in-person collaboration and physical interaction, Zoom & Teams are heavily utilized for these matters and have been proven effective for the past years. The onsite issue will never die down nor be kept quiet because it just doesn't make sense, all it does is lower the employees' morale and ruin what little culture we have left ever since Mike Bodson retired.

avatar
DTCC Response
1y
Thank you for taking the time to write a review for DTCC. We recognize that change can be difficult, but believe that DTCC’s 3-day per week hybrid work approach enables us to bring people together for on-site collaboration and networking while also promoting flexibility and work-life balance. This approach is similar to how most companies across industries are managing their workforce since the pandemic. Ultimately, our culture is underpinned by colleagues actively working and collaborating together in an environment where they can do their best work and contribute to the mission of the organization. That’s one of the many reasons why Forbes just ranked DTCC one of “America’s Best Midsize Employers” in 2023.
Viewing 328 - 330 of 1,732 Reviews

Glassdoor has 1,966 DTCC reviews submitted anonymously by DTCC employees. Read employee reviews and ratings on Glassdoor to decide if DTCC is right for you.