ICAP (London)
3.3 of 5 27 reviews
www.icap.com London, United Kingdom 1000 to 5000 Employees

ICAP (London) Reviews

Updated Mar 23, 2014

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3.3 27 reviews

                             

86% Approve of the CEO

ICAP (London) Group CEO and Director Michael A. Spencer

Michael A. Spencer

(14 ratings)

57% of employees recommend this company to a friend
7 Employee Reviews Back to all reviews
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    Good temporarily but harmful in the long term.

    Business Development Manager (Current Employee)
    Jersey City, NJ

    ProsLaid back environment with good work life balance. Smart people and relatively motivated workforce. Part of a larger more growth intensive company.

    ConsUltra-political management team. Limited opportunities for growth. Extreme distrust of other areas of the organization. The business seems to be in the dying throes of being a formidable force on the street. There is lack of innovation in new product areas and a complete disregard for the ideas of others. It's all about being politically connected in this division. ICAP as a whole, however, is a completely different story than the lackluster Electronic Broking Division. Great company to work for.

    Advice to Senior ManagementDevelop your people and provide them opportunities to innovate.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Incredibly Crappy And Painful

    Credit Analyst (Former Employee)
    Jersey City, NJ

    ProsWorking at ICAP will test your resistance to pain. If you survive this, you can survive any corporate environment on the planet.

    ConsYou're going to be worked to your death.

    Advice to Senior ManagementRetire. It's time for new blood to take over.

    No, I would not recommend this company to a friend

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    Unstable mgmt, office politics, fast-paced, cut throat

    Broker (Former Employee)
    Singapore (Singapore)

    ProsIf you want to experience working for one of the biggest inter dealer brokers in the world and get a sense of how things used to run in the glory days, work here.

    ConsBe ready to deal with office politics, cut throat colleagues, overly strict and inefficient compliance (also dealing with ongoing public investigations and lawsuits), very budget conscious, no communication with management. In addition to these ICAP specific issues, the industry will struggle with banks doing less business and more regulations.

    Advice to Senior ManagementCommunication for starters.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    You got to be tough in order to survive there

    Anonymous Employee (Former Employee)

    ProsFlat hierarchy
    Good compensation
    Nice infrastructure and environment

    ConsShrinking market
    Shift to electronic brokering

    Advice to Senior ManagementNone

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Not a healthy environment for long term, no support for employees.

    Sales (Current Employee)
    Bucharest (Romania)

    ProsA sort of a lack of control so quite a lot of freedom.

    ConsLow salaries, low opportunities to develop, unorganized company - bad or in existent processes, etc.

    No, I would not recommend this company to a friend

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    Dead end weak communication

    Anonymous Employee (Current Employee)
    London, England (UK)

    ProsGet to work with different groups and very hard working group of people not much for the management though.

    Charity Day

    ConsNo communication, honesty or loyalty towards employees. Fact that employees cannot review managers show how ICAP operates. You have to be careful with your sign-on agreements or else you will stuck with same pay for 10 years and also be wary of company wide policy changes time to time which will be changed without any notification to employees.

    Advice to Senior ManagementBe transparent and honest.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Fair analysis of life at ICAP.

    Dealer (Former Employee)
    Mumbai (India)

    ProsICAP gives you a lot of exposure in terms of macro economics. If you just don't limit yourself to the job you are supposed to be doing and get into casual relations with your clients, there is tons to be learnt from the industry leaders.

    Conslimited industry scope. dying nowadays. you face tough competetion from electronic broking. As in every other broking job, it sees unfair at times. Your success is largely dependent on the number, size and type of clients you've got. You get focused to only one niche industry with limited self growth, ignoring all the other talents you possess.

    Advice to Senior ManagementDepartment heads should not be appointed according to the revenues they bring in, but their leadership abilities and popularity.

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Glassdoor is your free inside look at ICAP (London) reviews and ratings — including employee satisfaction and approval rating for ICAP (London) CEO Michael A. Spencer. All 7 reviews posted anonymously by ICAP (London) employees.