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Hopes are dwindling as years pass

Software Test Engineer
Current Employee
Has worked at Susquehanna International Group for less than 1 year
February 10, 2011
Bala Cynwyd, Pennsylvania
2.0
Approves of CEO
Pros

Free food, gym, nurse, casual work attire

Cons

The compensation included less than average salary and bonus when compared to other Wall Street firms.

There was also less than deserving appreciation from the immediate manager.

Advice to Management

Salaries were flat for last 2-3 years and employees understood the financial environment. It's hard to believe when senior management mentions that they made just a modest profit. Some of the smartest and brightest people work at Susquehanna and it is hard to believe that in 2010 their performance didn't meet or exceed performance of other Wall Street firms.

While other Wall Street firms paid out great bonuses on top of super salary raises, Susquehanna gave me only a 2% salary raise after 3 years of salaries being flat. On top of that no bonus increase for 2011. (At least this is what I got after having exceeded expectations of my boss in performance over the last 5 years of my association) My sincere advice to management would be that if you do not want to lose your valuable and deserving employees please start paying up, otherwise you will see much higher attrition rate.

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