Algorithmics

  www.algorithmics.com
  www.algorithmics.com

Algorithmics Reviews

Updated September 30, 2014
Updated September 30, 2014
25 Reviews
3.0
25 Reviews
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Algorithmics CEO Stephen W. Joynt
Stephen W. Joynt
5 Ratings

Employee Reviews

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  1.  

    A great place to work if Risk is your passion

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Manager in New York, NY
    Former Employee - Product Manager in New York, NY

    I worked at Algorithmics full-time (more than 8 years)

    Pros

    Work with smart people; challenging work; nice office culture; nice size

    Cons

    There were no particular cons, except for the fact that the culture has changed under new management

    Advice to ManagementAdvice

    Preserve the Algorithmics culture and maintain its focus on risk management

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good experience but frustrating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Sales Executive in San Francisco, CA
    Former Employee - Senior Sales Executive in San Francisco, CA

    I worked at Algorithmics

    Pros

    Above average base salary
    Very smart and talented product and management team
    Great Benefits and Travel

    Cons

    Not aggressive in going after business
    Not familiar with all markets they were involved with.

    Recommends
    No opinion of CEO
  3. 1 person found this helpful  

    Algo is gone!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Engineer in New York, NY
    Current Employee - Financial Engineer in New York, NY

    I have been working at Algorithmics

    Pros

    Work Life Balance is good

    Cons

    Pay, Opportunity to rise, senior managment incompetence and lack of vision

    Advice to ManagementAdvice

    Incompetence and lack of vision drives them

    Disapproves of CEO
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  5.  

    Algo Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Algorithmics

    Pros

    It is a great environment to work in! There are many offices around the world and there are travel opportunities. The best part is the casual work attire and the environment. The company definitely encourage work life balance. The open concept work space encourages co-workers to interact with each other.

    Cons

    Sometimes, it seems like there are not enough opportunities within the company. As a junior, there are some clear cut path of where you should go, but it is not as clear cut for a more senior staff. Also, I heard the pay at Algorithmics is not as high as other places with the same job description.

    Advice to ManagementAdvice

    It will be beneficial to have more frequent performance reviews. Instead of having it every year, every 3 - 4 months will be more useful. Also, it is important to hold team meetings once in awhile to update the team on the status of the company.

    Recommends
    No opinion of CEO
  6.  

    Strong company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Management in Toronto, ON (Canada)
    Former Employee - Management in Toronto, ON (Canada)

    I worked at Algorithmics full-time (more than 5 years)

    Pros

    Culture, work environment, benefits. Dynamic marketplace with good business prospects and opportunity to travel. Always looking for good people and smart group of people to work with and for.

    Cons

    upward mobility, not a lot of roles if you don't want to move. Nothing really bad to say, good place to work.

    Advice to ManagementAdvice

    more innovation, more R&D, keep up the good work

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    A great place to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Algorithmics

    Pros

    There is a true team spirit working at Algorithmics, you feel like you are part of the family. You are working with exceptionally smart people who are always willing to help you grow in your career.

    Cons

    The company was lacking structure for some areas. There can be unreasonable timelines set for deliverables due to the lack of understanding in product complexity.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Once a trailblazer, now left in the dust.

    Former Employee - Senior Software Engineer in Toronto, ON (Canada)
    Former Employee - Senior Software Engineer in Toronto, ON (Canada)

    I worked at Algorithmics full-time (more than 5 years)

    Pros

    Interesting subject matter and a great location in Toronto.

    Cons

    The company used to hire the best of the best. These days a heart beat suffices, especially for those pursuing managerial positions. My manager had no degree or risk/it technology experience.

    Lifers and the ever desperate folks who return on their hands and knees inhibit creativity, growth, and productivity in a space which once prided itself on thriving on all the above.

    Advice to ManagementAdvice

    Recruit the talent who can implement the latest methodologies and technologies and get rid of those still clinging on to the 90's.

    Doesn't Recommend
    Negative Outlook
  9.  

    Excellent company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Algorithmics full-time

    Pros

    Great camaraderie
    Opportunity to gain financial knowledge

    Cons

    Long hours. Not much scope for promotions

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Used to be one of the best software shops in Toronto. IBM takeover has destroyed everything.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)

    I have been working at Algorithmics full-time

    Pros

    Although the company already lost many great people, there is still some solid talent left. Few are lucky to work on interesting projects.

    Cons

    Absurd IBM bureaucracy, clueless managers. New "processes" imposed by IBM are running the company into the ground. Morale at its lowest. Rampant cynicism. People leaving in drones to go work directly for clients. Algorithmics is done in, much like other IBM acquisitions. A very sad end for once a fantastic company.

    Advice to ManagementAdvice

    Show some spine, stand up to the Man. Resist.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    na

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Algorithmics

    Pros

    Very competent people as colleagues and supervisors

    Cons

    Not a lot of knowledge sharing

    Recommends
    No opinion of CEO

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