Women's Job Satisfaction
and equally to men
to other women
Lady Chacha Vice PresidentInvestment banking
CS is making great efforts to retain and recruit women. It's actually one of the bulge bracket banks most focused on diversity. Obviously, there are not a lot of women in senior levels (Director and above) vs other industries, but the ones who work here are amazingly supportive and outstanding women. There are informal and formal women's networks and they have been progressively adding maternity and family-friendly policies. There is even a return to work program for women who have been out of the workplace for several years. The NY campus has new maternity rooms, with hospital grade Medela pumps on each floor. Maternity leave is good, compared to Wall Street standards, although they could make it longer given the nature of this business and the need to start traveling once you return to the job. It's also group specific on whether or not your team supports you taking the full benefit. There are several official flexibility programs available to all employees, but these are rarely used on an official basis.
The company has a solid infrastructure in place to support women - good maternity leave (relatively speaking for US), childcare facility nearby, benefits, etc - but the culture is too conservative and does not empower women to the upper levels. Male domination in the upper ranks and lack of flexibility for working mothers is an issue once you reach a mid-level position. It is still a pretty conservative environment for a woman with a family and the right values to prosper beyond a certain point.
They recently extended maternity leave to 20 weeks and announced it with fanfare. They failed to tell women that they did not extend FMLA protection to the additional 8 weeks, so women are now unknowingly losing their rights to return to an equivalent position.
Crowdsourced Employer Benefits
How do women feel about working at Credit Suisse? 40% think they are treated fairly and equally to men. 80% would recommend Credit Suisse to other women, and women have a job satisfaction rating of 3.8 out of 5. What are the benefits at Credit Suisse? Credit Suisse offers 20 weeks of paid maternity leave, healthcare, flextime, 401-k matching. These benefits are based on tips anonymously submitted by Credit Suisse employees.
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