IG Group
3.2 of 5 23 reviews
www.iggroup.com London, United Kingdom 500 to 999 Employees

IG Group Reviews

Updated Feb 3, 2014

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3.2 23 reviews

                             

83% Approve of the CEO

IG Group CEO Tim Howkins

Tim Howkins

(18 ratings)

57% of employees recommend this company to a friend
8 Employee Reviews Back to all reviews
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Good but not that good.

Anonymous Employee (Former Employee)

I worked at IG Group full-time for more than 3 years

ProsGood group of colleagues. Nice perks e.g. monthly drinks, good bonuses.

ConsVery political, minimal communication with senior staff.

Advice to Senior ManagementProvide more regular feedback.

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

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Learning experience but increasingly bureaucratic

Technical Team Lead (Former Employee)
London, England (UK)

I worked at IG Group full-time for more than 3 years

ProsSome excellent tech people working here that you can really learn from.

Fast career development up to team lead due to very fast turnover of the better tech people.

Good offices. Good social scene. Work is genuinely fun.

ConsSenior management very out of touch with the jobs people are doing.

The release procedure belongs in about 1998. Takes until 8am quite regularly and you have to stay up all night to do it. Of course people make mistakes having been up all night and it frequently goes wrong. Releases are only monthly because the procedure is so painful. There are some efforts to fix this but bureaucracy slows everything down and it is still very far from best practice.

Not really embracing Agile. Eg, QA is a separate team, there aren't members of QA on a project team. Some QA is outsourced to India but for every pound it saves two are wasted on the inevitable misunderstanding that result from QA being 4,000 miles away and not sitting in any of the meetings. It is quite common to get into the office and spend your first two hours explaining why the bugs raised by India QA are based on misunderstandings of the solution rather than actual defects.

Business managers who oversee tech projects don't really make the decisions, they just try to sit inbetween do-ers and deciders. This makes for some very weird Chinese whisper type conversations. The company recognised this but their solution was insane - more project managers so that now there is an extra link in the Chinese whispers chain.

A lot of work is little more than vanity projects designed to make somebody senior feel special because he gets to sign some big cheques. These projects are always arranged so that reliable metrics on their effectiveness can not be gathered.

Projects started without knowing what the project is for. A purpose gets bolted on later.

Advice to Senior ManagementYou must know who the under-performers are in senior management. Get rid and replace with competent people. Empower teams. Don't talk about "innovation" as some mysterious abstract quality - actually foster innovation.

Turnover in IT is a big problem. It is just masked because the worse tech people stay for a long time. You're losing the best people because they can easily move on.

Let the people making the software talk directly to the people who want it to be made instead of jumping through so many weird hoops.

Yes, I would recommend this company to a friend

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7.5/10 - Work here but not for long. Stepping stone company for the young ambitious type.

Anonymous Employee (Current Employee)

I have been working at IG Group full-time for more than 3 years

ProsPeople work together and are very lovely to work with.
Advanced tech.
Medium to fair salary. IG want to say they pay like a bank but they don't.
Good parties and monthly free drinks.

ConsRedundancies made but some middle managers remain. Costing the company 250k a year in salary etc.per person. Possibly a further round of redundancies needed to me made to the middle management not just the long running staff who hold the company up.
Bonus pots seem like an old boys club, not linked to how well teams have done but restricted.
High rate of attrition. People leave because there is no career prospects.

Advice to Senior ManagementSort out the end of year appraisal system. It's currently a joke.
There is also less than zero career development paths for staff in Dev, Marketing and IT Prod.
This is why people leave. Promote from within, even if it hurts.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great environment for learning

Anonymous Employee (Current Employee)

I have been working at IG Group full-time

ProsLong sighted business strategy from management
Talented people to work with
God work life balance
Flat structure

ConsDifficult to progress career internally, but for the most part this isn't an issue for me. Given the flat structure there would be no change in roles or responsibilities
Out of hours support rota

Advice to Senior ManagementKeep i tup

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Amazing place to get exposed to new technologies

Senior Java/C++ Developer (Current Employee)
London, England (UK)

I have been working at IG Group full-time for more than a year

ProsExposure to state of the art technology.
Team are very well balanced.
Reasonable working ours.

ConsOpen plan is a little bit noisy.
Off ours support was little bit inconvenient.

Advice to Senior ManagementNothing to say against the management style. The group I have worked for was very well structured and the tasks were managed properly. They have to continue following the management principles used so far.

Yes, I would recommend this company to a friend

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Multibusiness Company

Director (Current Employee)
Mumbai (India)

I have been working at IG Group full-time for more than 5 years

ProsA company do multibusiness are Financial Business a Sub-Broker with -NSE-BSE-Currancy-MCX-MF also are in Property Business Buy-Sell-Rent Properties from South Mumbai to Virar and do a Travel Business with MakeMyTrip and others Do Flight/Train/Hotels Booking and Packages Domestic/International And given Services With All kinds of Insurance with all Insurance Comapnies In India.

ConsMr.Rajesh Shah Work with Company as a Director amd looking Properties-Travels-Insurance Business.and try hard to do as more as Business for Company.

Advice to Senior ManagementPl.looking at Cost-Cutting for Future Halthy Business.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good

Anonymous Employee (Current Employee)

I have been working at IG Group

Prosgood, but old technologies however good to learn finance knowledge,
Nothing is great, everything has its own limitations,and i think it is over all good

ConsUnknown till now, but they dont trust easily you and give you the good work at thismoment right away, they dont have plans to promote you easily

Yes, I would recommend this company to a friend

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Interesting place to work at

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

I have been working at IG Group

Pros- Flat hierarchies
- Interesting and new technologies
- Employees eager to learn
- Excellent benefits
- Flexible work time
- Great team spirit, fun place to work for

Cons- Frequent releases and support
- Lack of re-use across teams

Advice to Senior ManagementImproved communication of changes

Yes, I would recommend this company to a friend

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