Euroclear Reviews

3.6

69% would recommend to a friend

(468 total reviews)
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Valérie Urbain

74% approve of CEO

56% positive business outlook

Euroclear has an employee rating of 3.6 out of 5 stars, based on 468 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Euroclear employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

468 reviews
1.0
7 Apr 2019

Honest review of Euroclear HK

Recommend
CEO approval
Business outlook

Pros

Long lunch hour (for staff not on shift) Some teammates are supportive Glamorous company events (annual dinner at Ritz Carlton last year!)

Cons

1. Incapable top management - manipulated by the middle management; no guts to solve any problem; People do not complain because everyone is fear of management; 2. Poor Ops management - most team leaders do not have sufficient knowledge to guide the junior staff. Management are just pointing fingers. Show no respect to the junior. There were so many complains about a particular team head and management should look into it. 3. Demotivated client service team - non-stop changing of management and very incapable management; everyone is looking to leave ! 4. Incapable RM team - a bunch of “shoes polishers”; not able to sell; extremely inflated title (someone called deputy but people really have no idea how could this happen); you get jumping to next level and bigger salary increase only if you are “friend” to the boss. No discipline. 5. Ignorant headquarter - no control of this office; no strategy and understanding of Asia; 6. No career path - middle / top management are pushing talents out; only promote “shoes polisher”; dominated by “guai lo”;

2.0
23 Mar 2015

Factory

Recommend
CEO approval
Business outlook

Pros

Good place to build expertise if you are in the right team, offers a lot of different great training opportunities. They compensate for overtime and respect work-life balance. There are a lot of young people from all across Europe so it's a good place to make friends if you're new in Brussels. I think most people make some very meaningful friendships with their coworkers which despite all the issues (see below under Cons) is a big deal.

Cons

The base salaries are quite modest unless you work a lot of overtime. The opportunities to advance up the ladder are few unless you are Belgian (preferably French speaker). This is one of the very few successful companies of French speaking Belgium, therefore promotions mostly only go to Belgians who then clique up to make sure no non-Belgians cause any disturbance in the force. Overall in your daily work not much room for individual initiatives, do the job as per the SOP and shut up, it feels a lot like working at an assembly line in a factory. Overall it's extremely bureaucratic, I remember once to get reimbursed for some minor expense of literally a couple of euros I needed to follow a manual with 29 steps, I accidently skipped one step and had to start all over again.

1.0
8 Jan 2019
Recommend
CEO approval
Business outlook

Pros

- Comparatively better work-life-balance than other big firms - Used to have a very great employment reputation within the industry - Used to have great colleagues - People used to make good changes and take good initiatives to change the working environment

Cons

- Use remote desktop to perform daily work. Very sad... I know. - Craziest office politics by the middle management I have ever seen in my entire life. - Your raise doesn't catch up to inflation - Back-stabbing culture makes smart and hard-working people lose faith and leave. - Clueless middle management never failed to come up with previously rejected change-initiatives by the end of the year. I sometimes question if their memory retention is only as much as goldfish. - The firm doesn't really give warning letters and fire people because they will need to compensate for your three-months salary. They will instead ask you or force you to resign, convince you that they will give you a good reference, but then when you leave, you will only be left with a bad and possibly-libel review in your employment record to destroy your career. You think it's a fair game to play nice and maintain quality work until the end of your employment? Think again. - People are in constant fear of middle management as they are basically given free passes to do whatever shady things they want during the cost-cutting phase, such as picking on employees that are obviously brighter than them. - If you are a good worker and you want to leave, you will likely be begged to stay, but if you have made up your mind to really leave the company, please prepare for the worst.

Viewing 1 - 3 of 468 Reviews

Glassdoor has 660 Euroclear reviews submitted anonymously by Euroclear employees. Read employee reviews and ratings on Glassdoor to decide if Euroclear is right for you.