Cantor Fitzgerald

  www.cantor.com
  www.cantor.com

Cantor Fitzgerald Reviews

Updated December 16, 2014
Updated December 16, 2014
82 Reviews
3.1
82 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Cantor Fitzgerald Chairman and CEO Howard W. Lutnick
Howard W. Lutnick
52 Ratings

Review Highlights

Pros
  • The firm values and rewards initiative and hard work (in 3 reviews)

  • If you find a way to impress senior management, it could make your experience there a really good one (in 3 reviews)


Cons
  • long hours but pays off in the end (in 9 reviews)

  • Long hours are expected and the benefits package leaves much to be desired - no 401k match, what (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Summer intern

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cantor Fitzgerald

    Pros

    very relaxed office culture on trading floor

    Cons

    low hourly rate compared to other interns at other banks

  2.  

    Not the greatest

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant in New York, NY
    Current Employee - Administrative Assistant in New York, NY

    I have been working at Cantor Fitzgerald

    Pros

    They have great employees who show dedication. If placed within the right department one has the potential to learn a lot (I'm guessing).

    Cons

    Forced overtime, no lunch breaks (you get 20-30 mins to pick up lunch) must eat at desk. No work/life balance which says a lot for a company that lost 652 employees during 9/11 (sorry to say). Its a company that only benefits executive levels. Extremely high turn over and very expensive benefits.

    Advice to ManagementAdvice

    Advice does to management does not matter because they've created this type of environment. Not even the HR department can help as they are simple puppets of this management.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    Howard has HR writing fake reviews!!!

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

    I worked at Cantor Fitzgerald

    Pros

    1. Because the compensation is so terrible, there is no incentive among employees to work hard. Because of this culture, you can get paid to be on ESPN and Amaxon all day. Great company for the lazy folk who don't want to work hard!!!

    Cons

    1. I've heard from inside sources that Howard was angry about the number of bad reviews on Cantor and it was making it difficult to hire people. He responded by getting the HR team to regularly write fake reviews. Don't be fooled.
    2. Terrible benefits (no 401k match)
    3. Crappy health insurance.
    5. Always hiring because the company can't retain employees.

    I wouldn't recommend this company to my worst enemy.

    Advice to ManagementAdvice

    Resign...you have no managerial skill set.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    CHEAP company, but with pockets of great people

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

    I worked at Cantor Fitzgerald full-time

    Pros

    There are some truly excellent people working there. You can learn a lot. It's a great way to break into finance. If you're in IT, you can pretty do what you want so long as it works. Hours are regular.

    Cons

    VERY cheap company. Forget about decent bonuses or salary increases. A lot of politics. CEO is reputed to be very abusive (though I can't speak from experience). If they're going to fire you, expect it right before you get your annual bonus.

    Advice to ManagementAdvice

    Value your employees and you'll get more from them in return.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6.  

    Good as long as you don't get into anybody's space

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

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

    Pros

    Good salary for the work produced.

    Cons

    very few promotions , salary increases.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Good Working Environment

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

    I have been working at Cantor Fitzgerald full-time (more than an year)

    Pros

    Friendly work enviornment, helpful co-workers and superiors, company is devoted to philanthropy and encourages workers to participate.

    Cons

    A lot of work at once, not many training opportunities for new employees.

    Advice to ManagementAdvice

    It would be extremely valuable to incorporate a training program for new employees.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Meh

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

    I have been working at Cantor Fitzgerald full-time (more than 8 years)

    Pros

    Salary; lots of work; hands off management

    Cons

    Lack of opportunities, disorganization; lack of caring

    Advice to ManagementAdvice

    Focus on retention

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    REALLY BAD, STAY AWAY

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

    I worked at Cantor Fitzgerald full-time (more than 3 years)

    Pros

    Other than some good mid and lower level staff, I see no good reason to work for Cantor.

    Cons

    Ineffective (and very over sized) senior management team with no apparent understanding of how to run a company. Poor treatment of employees, unbelievable lack of benefits - no 401 K match, basically no company paid portion of health benefits, bonuses and raises are never what you would expect. The company values revenues today without having a long term view of their businesses/people. No clear direction / strategy is communicated to employees.

    Advice to ManagementAdvice

    Your employees do not trust you. Many will leave the moment they can find another job. Many will accept same or lower pay just to not be part of your organization. Start by improving your benefit offerings so employees might feel like you care just a little bit in between your private jet flights and lavish dinners. Trim excessive high level management that are not really managing anything but are probably just eating into the bottom line. Also, please stop posting fake reviews. It is really obvious and pathetic. Just work on improving things so people don't post negative things here.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Fast paced and high energy place

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cantor Fitzgerald

    Pros

    Lovely people to work with, enjoy the high energy of the place. Always work to be done so not bored at all.

    Cons

    Making themselves very lean lately, so not always enough people in certain areas left to get work done promptly.

    Advice to ManagementAdvice

    Reviews need to be done better.

  11. 1 person found this helpful  

    Mixed bag for IT professionals

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

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

    Pros

    The company is very exciting and entrepreneurial which is great as a resume builder. The bonuses can be sizable.

    Cons

    Unfortunately, there is no review process so IT professionals don't receive raises. Bonuses are tied to your division's performance and unfortunately IT professionals aren't connected to the decision making process in management so bonuses are really out of your control.

    Advice to ManagementAdvice

    Add a review process for IT staff and add a merit based salary increase policy to help retention.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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