Clearstream reviews

Terrible pay especially for long term employees, the longer you work here the less you are rewarded. No pay increases for long term employees, yet the workload continues to increase as you are expected to take on more the longer you are here. The company say hybrid model but it is a pathetic attempt at a work life balance. Employees are forced to come into the office 3 days every week, we have to pay for the privelage of parking, increased fuel costs and no pay increase for years means we are coming out with less take home pay now than we did 3 years ago. Management are giving better pay increases to employees who are here less than 5 years to retain staff, anyone here more than 10 years gets nothing and have not received anything worthwhile for the last few years. Staff voice concerns and struggles trying to survive on such bad pay and concerns are ignored by management. In the last year so many long term experienced staff have left as the pay amd work from home was not what you would expect for this industry. Excellent staff have left, and the company is begging for staff which they cannot get. Employees still working here are expected to take on excessive amounts of work, to clear backlogs. Staff morale is the lowest I have ever seen in any company. Management and HR don't seem to care about losing experienced staff, the attitude seems to be that a fancy expo with goody bags will attract enough staff to replace what has been lost. New staff with no experience will never make up for the excellent staff that have been lost and the stafg that will continue to leave. There are far better options available to employees now in this industry, where staff are paid a decent wage and not the pathetic salaries that long term staff are expected to accept in clearstream. Senior Management are not approachable, some of the Team managers are abrubt, rude and do not care about employees. HR are comepletely cut off from the reality of being an employee, they do not care about employees and some members of HR are extremely rude and talk to staff in a manner that is abrubt and unacceptable. This used to be a nice place to work, but since moving to the new office it seems to staff that image and the perception of perfection to the outside looking in is the only focus of senior management, senior management seem to have lost sight of what should matter and that is the staff that you rely on to get the work done every day, a fancy building means nothing to staff who are on such poor salaries, who are overworked and completely undervalued.

Where do I begin? Despite the company boasting (literally emailed staff to inform of this) how targets for profit in 2020 were far above expectations while the majority of staff were working from home, staff are only being permitted to wfh twice a week as the company claim 'while the work is being done, productivity is down when staff aren't onsite'. Furthermore, after the hugely successful 2020, staff were given one of the worst pay increases/bonus in recent years (not that they are ever great) as it was claimed that the success wasn't seen in certain functions in Germany. In recent weeks staff have been plamaused with talks that our concerns have finally been heard (in other words they didn't like the bad press on Glassdoor) and that the managing director was working on increased salary for staff. This slightly improved moral for a day or two before the proverbial carrot rotted and it has been revealed that the increase will only be applied to new starters. As a result, anybody who is in the company for less than 5/6 years will be on equal or less pay than somebody with no experience. Yet management wonder why staff would ever leave the magical land of milk and honey. Then once a person even hints at being unhappy working there they are essentially shunned. Staff moral is on the floor, but they are so happy with the revolving door policy that they even installed two of them at the front of the building! Time to update the CV.