There are newer employer reviews for BGC Partners
There are newer employer reviews for BGC Partners

See Most Recent

good solid firm

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

I have been working at BGC Partners full-time (More than 5 years)

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

Pros

good management support, competitive work environment, excellent trading tools and competitive salary

Cons

no cons that I can think of, you get out of it what you put in and are willing to sacrifice hours at home for good work, you get rewarded accordingly

reviews filtered by
  • Any Location
  • Any Job Title
  1. Helpful (2)

    Great place to land if you want to establish or re-establish your career, terrible long term

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

    I have been working at BGC Partners full-time (More than 5 years)

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

    Pros

    This place hires relatively young people and relatively old away from larger firms who want a big pay bump for middle or back office jobs. It will also take a chance on the laid-off. So great if you need a jump in pay or just a job. For like two years.

    Cons

    After two years you realize that for you and EVERYONE ELSE in the back or middle office, you first year total comp is basically your total comp forever. They NEVER give raises or big bonuses to ANYONE who is not a revenue generator no matter how hard or little you work. So you end up with 3 kinds of people who have worked here 2+ years: those who quite and find a new job, those who work JUST hard enough to NOT get fired, and the bitter ones. There are no other types here.

    Advice to Management

    They will never listen or care. I know, I have heard it from the horse's mouth. But what they obviously should do is give higher raises and/or bonuses to the hard workers and fire the lazy ones, and do nothing for the middle ones. But here all three get the same, good year or bad. While the top execs, per company filings, make far more than execs at any of their peer companies.

  2. Waste of time and energy

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

    I worked at BGC Partners full-time (Less than a year)

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

    Pros

    If you know who to please and be a yes man to, you will succeed.

    Cons

    Tech Management harbors nepotism and does not wish to make tough calls to ensure better work environment. Talks a lot about changing but does not have the guts to. You will work very hard for nothing. If you are good at something then everything will be given to you. There is no work life balance. I ended up working 12+ hours daily without overtime nor a thank you.

    Advice to Management

    Learn to hold mid level managers/leads accountable for their deliverables. Mid level managers run their departments like their fiefdoms allowing their employees unlimited flexibility. Invest in employee education and dont treat them like commodity.

There are newer employer reviews for BGC Partners
There are newer employer reviews for BGC Partners

See Most Recent

Work at BGC Partners? Share Your Experiences

BGC Partners

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.