At Wavestone US, 76 percent of employees say their workplace is great.

EMPLOYEE RATINGS

     

This review is based on 29 employee surveys, with a 90% confidence level and a margin of error of ± 3.94. It was published on Jul 13, 2017. 389 Visitors

What Employees Say

I believe management would lay people off only as a last resort.
93%
 
Management is honest and ethical in its business practices.
93%
 
I am able to take time off from work when I think it's necessary.
90%
 
I am treated as a full member here regardless of my position.
90%
 
People here are willing to give extra to get the job done.
86%
 

What They Do

We asked Wavestone US to explain what they do. Here is what they had to say.

Wavestone U.S. is a management consulting firm providing independent fact-based expert advice and guidance to the financial services industry. Our core competencies include operating model design and strategy, cybersecurity, compliance, regulatory reporting, and risk management and finance operating model optimization. 

About this Company

Website: https://www.wavestone.com/ Industry: Professional Services
US Headquarters: New York City, New York, 10019 US Sites: 1
Major Locations: New York City, New York, 10019 US Employees: 31
US Revenues: $9 million Worldwide Revenues: $389 million
Employees Worldwide: 2,500 Corporate Structure: Public
Stock Symbol: WAVE Founded: 2016

Wavestone Team Building Trip in Miami

Perks and Programs

We asked Wavestone US to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.

  • Talented, Close-Knit Team: Wavestone US is a small, close-knit team, and so it is important to ensure that candidates fit with the company culture. Each employee is an ambassador and representative of the Wavestone brand, therefore it is very important we hire individuals that are Motivated & Entrepreneurial, Enthusiastic & Team Players, and Professional. Wavestone US prides itself on a constant “best-foot forward” approach. Employees in Wavestone culture are often highly attentive to detail, and exercise the ability to go above and beyond expectations. This above-expectation delivery is also a source of pride for our employees, and we regularly receive compliments from our clients.
  • Access to Management: Wavestone management is always open to suggestions about how to improve the company and working environment of employees. Whether it is on a project or in the home office, employees are free to make suggestions that will be considered. Calendars of the Partners, Senior Managers, and Managers are public to the team and they are available to meet to discuss any topics. Partner’s office doors are almost often open, and the Wavestone US office also has an open floor plan, making it easy to approach all other management.
  • Company Transparency: As a small, close-knit team, information is shared from senior managers all the way down to entry-level employees by: Team meetings: On a bi-monthly basis, team will gather to discuss the events of the previous months and upcoming business dealings. Management will share business developments, and have the team to ask questions about the current business environment and firm activities. Focus groups: held on a bi-monthly basis allow for a more private discussion about the current status of firm business dealings and internal activities. During focus groups, smaller groups of ~10 employees sit with the partners to have an open discussion about any topics related to the firm. These focus groups are designed to ensure every employee’s voice can be heard.
  • Generous Financial Rewards: Wavestone offers a 401k program with up to 5% matching. This high matching rate is vested on an annual schedule to align with other sharing mechanisms in the company, namely the annual bonus – which, as discussed above is distributed to almost all employees, but increased even further on a merit basis – as well as an annual profit sharing which rewards all employees (regardless of level) based on the success of the company.
  • Inspiring Work: There are a few reasons that Wavestone US employees take pride in their work: Size and scale of projects: Wavestone employees are also often proud of the size and scale of projects they work on. Projects can often of multi-million dollar value, with many countries and stakeholder teams involved. When an employee is able to manage the complexities and scale of such projects, it is especially gratifying for them. Innovative projects: Though not all bank projects can be are truly exciting, areas of expertise for Wavestone include innovative topics such as cybersecurity, IT management, and other innovative new methods or styles of management. Exploring these topics places Wavestone employees at the crest of the innovation frontier, and allows the team to feel like true pioneers.
  • Work/Life Balance: Wavestone US offers a generous 25+ days of PTO per year. These days can also be ‘saved up’ for use in later years or, alternatively, if a long vacation is planned employees can sometimes ‘dip in’ to their PTO for the upcoming year. All Wavestone employees also have access to TicketsAtWork.com, a service that offers discounted tickets to movies, sporting events, museums & parks, and other cultural events. Employees are welcome to use the service to buy multiple tickets, so friends and families can be included as well.
  • Control Over Company Direction: The main way employees can directly influence the firm’s direction is through participation in groups called “Task Forces”. Task forces are subdivisions of the team that take responsibility for important aspects of the company’s advancement. Current task forces include: • Recruitment • Training • Knowledge Management • Social Activities • Marketing & Branding • HR • Finance & Target Operating Model Each taskforce is comprised of employees from multiple levels. These task forces not only serve as the team directly responsible for successful results in their category, but also a unified channel of contact if any employee has an idea they would like to see become reality.
  • Social Activities: Happy hours: Wavestone US hosts happy hours on a monthly basis for all members of the team Holiday party: Wavestone US hosts an annual holiday part to which all employees as well as their significant others are invited Summer party: Wavestone US hosts an annual summer party in an outdoor location for all employees Team-building trips: The company hosts the entire team in an off-site location, and holds team building activities, recreational activities, dinners, and more over the course of 2-3 days. All expenses are covered by the company. As an example, the most recent team building trip (Summer 2016) was a 2 day trip to Miami with team building exercises, beach visits, dinner parties, and a tour of the Everglades.
  • Women of Wavestone (WoW): Wavestone US has a female interest group within it, called WoW (Women of Wavestone). WoW is self-organized with a charter to increase the female footprint within the company. Since the start of 2017, Wavestone US has increased its gender ratio from 15% to 21% female and intends to keep up the trend.
  • Leadership Opportunities: Wavestone encourages employees to research and develop thought leadership on the subjects that interest them. If an employee wishes to investigate a topic of their interest (e.g. blockchain technology, cybersecurity), the Wavestone US team readily encourages investigation and publically promotes any content they create. This content is often made in collaboration with other offices across the globe, allowing for additional partnerships, experiences, and even career opportunities to flourish.

COMPENSATION BY THE NUMBERS

$83,200 Average salary and additional cash compensation for Consultant73% Company-paid health coverage for employees
70% Company-paid health coverage for dependents
Managers meeting in the Lounge

WORK-LIFE BALANCE BY THE NUMBERS

28 days Paid time off after one year of full-time employment 28 days Paid time off after one year of part-time employment
Set days Paid sick days after one year of full-time employment 28 Days Paid time off as of first day of full-time employment

WORK-LIFE BALANCE PROGRAMS

  • Flexible schedule (100% use it)
  • Telecommute option (20% use it)
  • Onsite Amenities (The Wavestone US team is also in a new office with design inspired by air concepts (i.e. simple, clean, comfortable), which drive a healthy environment. The clean and neat environment is complimented by multiple beverage choices (sparkling water, coffee, tea, espresso, soda & diet soda), available supplements, and appropriate first-aid and sanitary equipment. Wavestone US has an open seating model, with enough space so every employee also has a spacious and well-equipped (i.e. monitors, phones, and other hardware) workspace that is kept clean by our clean desk policy - but more generally through the consciousness of the employees. To complete the wellness experience at work, the office also includes a lounge area with couches and other large, comfortable chairs for employees to relax or re-calibrate during the work day.)

FAMILY CARE BY THE NUMBERS

60 days Job-protected maternity leave (including FMLA/STD) 40 days Fully-paid maternity leave (does not include personal vacation or paid time off)
10 days Job-protected paternity leave (including FMLA)10 days Fully-paid paternity leave (does not include personal vacation or paid time off)
14 days Average length of paternity leave new fathers take60 days Job-protected parental leave for adoptive parents (including FMLA)
20 days Fully-paid parental leave for adoptive parents (does not include personal vacation or paid time off)
*Employees are not required to use all their personal paid time off before taking parental leave. Not all employees are eligible for parental leave benefits.

HEALTH INSURANCE COVERS

  • Mental health care
  • Alternative treatments (such as acupuncture, homeopathy, or chiropractic)
  • Fertility treatments

Community and Environmental Impact

8 hours Paid time off to volunteer Severine Hassler - Human Resources Leads environmental impact team
1 LEED certified building(s) Yes Sustainable commuting program
Yes Carbon offset program Yes Recycling program

Diversity

  • Recruiter is responsible for the success of formal recruiting and retention diversity goals
  • Written policy prohibits discrimination based on (at a minimum) age, disability, race/ethnicity, religious beliefs, gender and sexual orientation
  • Formal programs (such as resource groups, mentorship, networking, or other affinity groups) support professional development for: Women
  • Non-birth parents in same-sex relationships can take parental leave

Leadership Diversity

 

Workforce Diversity

 
Some of the WoW (Women of Wavestone)

DEMOGRAPHICS

 
Listening to results in a team meeting

How to Get Hired

We asked Wavestone US for some inside information on how to get hired at the organization. Here is what they had to say.

What key characteristics tell you a prospective employee will be a great fit for your company?

Each employee is an ambassador and representative of the Wavestone brand, therefore it is very important we hire individuals that are Motivated & Entrepreneurial Enthusiastic & Team Players Professional

What can prospective employees do to get your attention?

Wavestone US is currently in a phase growth with an entrepreneurial spirit, and are looking to grow our team of consultants and expand our offerings to an increasingly large client base. As such, key characteristics for our employees include: Demonstrable capabilities that drive practice development activities such as training, thought leadership, coaching & mentoring, recruiting, knowledge management, and/or social planning Strong analytical skills and problem solving abilities; versatile, flexible, and proactive when solving problems and dealing with ambiguity Highly structured, hypothesis-driven thought process with ability to translate thoughts into verbal, written and graphical arguments Exceptional drive, interpersonal skills, and demonstrated ability to interface effectively and collaborate with clients, peers, and senior management to help develop solutions and ensure stakeholder buy-in

 

Are there any positions or types of candidates you are particularly focused on hiring in this coming year?

Wavestone is currently hiring for positions across-the-board. This includes Consultants and Business Analysts as well as Managers & Senior Consultants with expertise in one or more of the following areas: - Capital Markets - Compliance (BSA/OFAC/AML/KYC) - Finance & Financial Transformation - Liquidity - Market Risk - Cybersecurity - Digital Innovation - IT Organization

What should interested candidates do to find out more and get started?

Wavestone US can be contacted directly through our recruiter, Marisabel Space (marisabel.space@wavestone.com). Specific positions can also be found on our website here: https://www.wavestone.com/en/careers/  - or on our LinkedIn here: https://www.linkedin.com/company-beta/11055789/

hiring Outlook

20 Forecasted positions to fill in coming year -23% Job Growth
80 Average applicants per opening 1,200 Total job applicants
10% New hires by employee referrals 2 Recent graduates hired
28% Voluntary turnover for full-time employees
* All figures refer to 12-month period prior to reporting, unless otherwise noted.

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