There are newer employer reviews for Algorithmics
There are newer employer reviews for Algorithmics

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Algo Review

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in New York, NY
Current Employee - Anonymous Employee in New York, NY
Recommends
No opinion of CEO

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 Management

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.

Other Employee Reviews for Algorithmics

  1. Great culture, interesting work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Financial Engineer in Toronto, ON (Canada)
    Former Employee - Associate Financial Engineer in Toronto, ON (Canada)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    -It has a great culture and everyone who works there has a good work life balance -in house risk technologies are interesting to use and develop for

    Cons

    -There is a lack of communication across departments that results in duplication and confusion -Interaction with clients leaves a lot to be desired

    Advice to Management

    They should keep improving the core technology and limit the risk services department. This would enable them to stay competitive.


  2. Good place to begin with.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Engineer in London, England (UK)
    Former Employee - Financial Engineer in London, England (UK)
    Doesn't Recommend

    I worked at Algorithmics full-time (More than 3 years)

    Pros

    There are quite many companies using the Algo's software, so you might well land a job with them. You get a large exposure to both market and credit risk.

    Cons

    No out-of-work life, very low salaries, a lot of stress. Large rate of turn-over. You have to learn everything by yourself, everybody is too "busy" to teach you. You have to do your job from scratch, with little interaction. Lack of coordination and difficult contact with Toronto, due to the time difference.


There are newer employer reviews for Algorithmics
There are newer employer reviews for Algorithmics

See Most Recent

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