I would not recommend this employer if you want to have a decent career.
Gut am Arbeitgeber finde ich
They are one of the few companies in Germany who gives opportunities for foreign employees, they can join the company directly by applying from India, Philippines etc.
Schlecht am Arbeitgeber finde ich
They are CEO centric, every decision is taken by the CEO. HR is quite weak. Technically senior employees are substandard compared to other competitors like MSCI, Bloomberg etc.
Verbesserungsvorschläge
Have a good HR, that is the starting point to keep the seniors in the company.
Arbeitsatmosphäre
Good place to learn indexing and gain valuable industry experience in the short term. However, internal politics can play a significant role in promotions and recognition, with employees who are particularly skilled at managing relationships with senior management often progressing faster than those whose contributions are primarily performance-driven. Raising concerns or challenging decisions is not always encouraged, which can create a culture where employees are cautious about speaking up. Salary progression is limited once you join, with compensation decisions lacking transparency and not always reflecting experience, contribution, or seniority. It is not uncommon to see employees with less experience earning more than colleagues in more senior roles. HR has limited influence in addressing these issues, and there can be a general sense of uncertainty regarding job security.
Image
General Image of Solactive in the industry is that it is a cheap index provider rather than a good index provider, that is the only reason the company is surviving until now, not sure in the future they may be better. Good if you are a AM who needs a not so good benchmark, so that your performance looks good.
Work-Life-Balance
It is pretty good in general.
Karriere/Weiterbildung
They provide support for this. Although most people are not motivated as colleagues are not so motivated to gain more knowledge.
Gehalt/Benefits
Salaries are not on par with the market, better to negotiate well before joining. once you joined they have flat 2 to 3 percent increment on a yearly basis. Bonus are never more than 1 month salary for most of the people.
Umwelt-/Sozialbewusstsein
They are very money focused, they save on everything, the fruits are only kept on Mondays, which gets over in 10 mins. in a sense, they are not spending much so they are environmentally friendly.
Kollegenzusammenhalt
Team culture is very good, at least in the department I worked.
Umgang mit älteren Kollegen
In general colleagues are nice. That is the big reason to stay longer in Solactive. Seniors are also helpful but most of the times, they are not so skilled. who ever is left, is either less skilled or can not leave because of other constraints like immigration problems.
Vorgesetztenverhalten
Like i said HR is weak, they have no idea about how the managers are with the employees, that is the reason people leave. there are stringent employee feedback system but not for managers. As the retention rate is less than 2 years, they are no seniors left in the company. those who are present are not skilled enough to find better opportunities. Not all of them, but majority of them.
Arbeitsbedingungen
Working conditions are pretty good. Good office in downtown.
Gleichberechtigung
In my opinion, after 4 years in the company, I saw that there is a silent discrimination in terms of salaries and opportunities employees receive. I can vouch for that but I have also seen people working comfortably even with this. so I may be wrong.
Interessante Aufgaben
The company is aiming to take every thing to cloud. There are some cool projects.