EDF Trading Reviews

Updated April 13, 2015
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3.5
18 Reviews
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EDF Trading Chief Executive John Rittenhouse
John Rittenhouse
7 Ratings

Employee Reviews

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  1. Lack of direction and leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Network Engineer in Houston, TX
    Current Employee - Network Engineer in Houston, TX

    I have been working at EDF Trading full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Laid back atmosphere, cutting edge technology

    Cons

    Lack of leadership and consistent direction. Pass the buck culture, low morale.

    Advice to Management

    Find a consistent management structure.

  2. Hard to get your footing in a very transitional environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Anonymous Intern in Houston, TX
    Former Intern - Anonymous Intern in Houston, TX

    I worked at EDF Trading as an intern (Less than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    The people that work (worked?) there are fun to be around. There are a lot of young people to connect and hang out with.

    Cons

    Management has a poor relationship with HR and, it seemed, with headquarters. There's a very high turnover among the higher levels of the organization. It's a very aggressive, competitive culture.

    Advice to Management

    Get yourselves together. Build a brand in the US as a company that people want to work for, and value your employees.

  3. Disorganized and poor management/HR dynamics

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

    I worked at EDF Trading as an intern

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Predominantly young, fun workforce. It's easy to make friends. The office is in a good location not too far from the Memorial area.

    Cons

    The trade floor is a bit of a boys' club; very competitive and aggressive. Managers and HR clash, with no one wanting to take ownership of issues that arise. There's some workplace drama.

    Advice to Management

    Take ownership of problems that come up.

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  5. Bonus of Good, lack of opportunities - to gain exposure in other areas of commodity trading which I do not know,

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in London, England (UK)
    Current Employee - Business Analyst in London, England (UK)

    I have been working at EDF Trading

    Pros

    Good Pension
    Bonus
    Good Benefits
    Exposure towards Building ETRM systems in house
    More responsibility - Business Analysis + Project Management

    Cons

    No encouragement to get PRINCE 2 qualification or any other qualification for that matter
    Lack or no training
    No opportunities to get projects in the areas I do not know or have less experience

    Advice to Management

    Please put career growth plans in place for employees - identify growth plans and help employees to achieve the plan
    More investment in employees

  6. Helpful (1)

    There is no royal road to success

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at EDF Trading

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Friendly and helpful colleagues and pleasant, well-equipped office. Good salary and conditions. Training program well established, and excellent sponsorship opportunities for employees. The core business of EDFT is very interesting.

    Cons

    Buck-passing culture, Inability to manage progress against strategic company goals. Senior management are not respected within the company. Interminable meetings! High staff turnover, low morale.

    Advice to Management

    Stop searching for magic solutions that will solve all your problems at once. Need to start promoting effective teams and teamwork. You must see that there is a reason nothing progresses, despite a strong desire for change. You should be looking for incremental change, a culture of delivery from unified teams, and a resulting boost in company morale.

  7. Still going through growing pains .

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Support in Houston, TX
    Current Employee - IT Support in Houston, TX

    I have been working at EDF Trading full-time (More than 3 years)

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

    Pros

    Great culture and environment
    Good benefits
    Constant Challenges to keep you sharp.
    Access to new technology.

    Cons

    Management still learning how to manage
    Constant turnover n company officials.
    Minimal to no bonuses
    Hard to get a raise even to meet inflation.
    They have not figured out their identity yet. Shifting business strategies .

  8. Good but no where near brilliant

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

    I have been working at EDF Trading full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Salary is OK and so are bonuses. Good atmosphere.

    Cons

    No chance of progression. Hours can be very long when providing support.

    Advice to Management

    Give us a chance to progress

  9. Trading Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern in Houston, TX
    Former Intern - Intern in Houston, TX

    I worked at EDF Trading as an intern (Less than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Enjoyable work environment, relaxed day to day culture
    Structured intern program but also allow you to explore other groups
    Reasonable hours
    Competitive pay for an internship

    Cons

    Tasks between different interns vary from interesting to mind-numbing. Very dependent on your manager
    Some employees are decidedly unqualified

    Advice to Management

    Many employees spend their time working on meaningless or wasteful tasks.
    Enforce better record keeping for essential tasks. With employees often moving or leaving entirely, regular tasks fall apart because the person who originally designed them left.

  10. Good experience, some concerns

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern - Hourly in Houston, TX
    Former Intern - Intern - Hourly in Houston, TX

    I worked at EDF Trading as an intern (Less than a year)

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Good compensation and opportunities for career advancement. Hard work is generally recognized. A lot of very intelligent people to work with.

    Cons

    Location is less than desirable. Upper management is chosen for market expertise and is entirely unrelated to their leadership. Not a good place for employees without substantial experience. Surprisingly corporate.

    Advice to Management

    Pay more attention to the people who work for you. A lot of people get stuck in a routine and could be accomplishing a lot more.

  11. Great work atmosphere, limited upward mobility

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

    I worked at EDF Trading full-time (More than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    People are great, the business is very interesting and it was generally a pleasant experience there.

    Cons

    Upward mobility is tough, I came with a strong academic background and lots of ambition but never saw a clear path to the type of position I wanted to work towards.

    Advice to Management

    Get an analyst program.

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