IG Group

  www.iggroup.com
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4 people found this helpful  

Learning experience but increasingly bureaucratic

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Technical Team Lead  in  London, England (UK)
Former Employee - Technical Team Lead in London, England (UK)

Pros

Some excellent tech people working here that you can really learn from.

Fast career development up to team lead due to very fast turnover of the better tech people.

Good offices. Good social scene. Work is genuinely fun.

Cons

Senior management very out of touch with the jobs people are doing.

The release procedure belongs in about 1998. Takes until 8am quite regularly and you have to stay up all night to do it. Of course people make mistakes having been up all night and it frequently goes wrong. Releases are only monthly because the procedure is so painful. There are some efforts to fix this but bureaucracy slows everything down and it is still very far from best practice.

Not really embracing Agile. Eg, QA is a separate team, there aren't members of QA on a project team. Some QA is outsourced to India but for every pound it saves two are wasted on the inevitable misunderstanding that result from QA being 4,000 miles away and not sitting in any of the meetings. It is quite common to get into the office and spend your first two hours explaining why the bugs raised by India QA are based on misunderstandings of the solution rather than actual defects.

Business managers who oversee tech projects don't really make the decisions, they just try to sit inbetween do-ers and deciders. This makes for some very weird Chinese whisper type conversations. The company recognised this but their solution was insane - more project managers so that now there is an extra link in the Chinese whispers chain.

A lot of work is little more than vanity projects designed to make somebody senior feel special because he gets to sign some big cheques. These projects are always arranged so that reliable metrics on their effectiveness can not be gathered.

Projects started without knowing what the project is for. A purpose gets bolted on later.

Advice to ManagementAdvice

You must know who the under-performers are in senior management. Get rid and replace with competent people. Empower teams. Don't talk about "innovation" as some mysterious abstract quality - actually foster innovation.

Turnover in IT is a big problem. It is just masked because the worse tech people stay for a long time. You're losing the best people because they can easily move on.

Let the people making the software talk directly to the people who want it to be made instead of jumping through so many weird hoops.

Recommends
Neutral Outlook
Disapproves of CEO

Other reviews for IG Group

  1. 3 people found this helpful  

    7.5/10 - Work here but not for long. Stepping stone company for the young ambitious type.

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

    Pros

    People work together and are very lovely to work with.
    Advanced tech.
    Medium to fair salary. IG want to say they pay like a bank but they don't.
    Good parties and monthly free drinks.

    Cons

    Redundancies made but some middle managers remain. Costing the company 250k a year in salary etc.per person. Possibly a further round of redundancies needed to me made to the middle management not just the long running staff who hold the company up.
    Bonus pots seem like an old boys club, not linked to how well teams have done but restricted.
    High rate of attrition. People leave because there is no career prospects.

    Advice to ManagementAdvice

    Sort out the end of year appraisal system. It's currently a joke.
    There is also less than zero career development paths for staff in Dev, Marketing and IT Prod.
    This is why people leave. Promote from within, even if it hurts.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Great environment for learning

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

    Pros

    Long sighted business strategy from management
    Talented people to work with
    God work life balance
    Flat structure

    Cons

    Difficult to progress career internally, but for the most part this isn't an issue for me. Given the flat structure there would be no change in roles or responsibilities
    Out of hours support rota

    Advice to ManagementAdvice

    Keep i tup

    Recommends
    Positive Outlook
    Approves of CEO
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