Interactive Brokers

  www.interactivebrokers.com
  www.interactivebrokers.com
There are newer employer reviews for Interactive Brokers

6 people found this helpful  

Mixed feelings

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Programmer in Greenwich, CT
Former Employee - Programmer in Greenwich, CT

I worked at Interactive Brokers full-time (more than an year)

Pros

- SOME employees are very smart, very good at what they do.
- Agree with other commenter that business is run in an ethical manner. ie. doing the right thing even if no one is looking.
- Still on the cutting edge in some areas.
- Minimal bureaucracy.

Cons

- Current incentive structure (no incentivization of employees) guarantees that the smartest and most motivated will leave. This is why HFTs ate their lunch.
- Low pay relative to industry.
- No growth opportunities.
- Company is kept alive by H-1B slave labor.
- Some groups are wildly incompetent (eg. HR, Marketing) due to perceived irrelevance by mgmt and these should be fired en masse.
- Very anti-social office culture.

Advice to ManagementAdvice

Get a life? TP runs this as a hobby, and I can't imagine a more boring hobby. If you're not HUNGRY, or know how to hire/retain people that are, your failure is guaranteed.

Doesn't Recommend
Negative Outlook
Approves of CEO

48 Other Employee Reviews for Interactive Brokers (View Most Recent)

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  1.  

    Demanding but rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Greenwich, CT
    Current Employee - Anonymous Employee in Greenwich, CT

    I have been working at Interactive Brokers

    Pros

    Very little red tape
    Lean department means lots of interesting work
    Chance to bring many projects to completion

    Cons

    Too little time off
    Unbalanced salaries

    Recommends
    Approves of CEO
  2. 2 people found this helpful  

    This company should qualify as #1 worst place to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Treasury Analyst
    Former Employee - Treasury Analyst

    I worked at Interactive Brokers

    Pros

    The only one that I can account of is the free lunch you are entitled to. But guess what, you are supposed to eat it at your desk ( which is the whole point of it being free) and if you dare to leave you will be attacked by disapproval looks

    Cons

    -disrespectful management - you will get yelled at for things such as the way you arrange your own desk, the shrift you use etc. You will be constantly treated as being incompetent and worthless.

    -on your own - This dept is a bunch of people that happen to work together ( very far from team). You are not supposed to ask questions. if you dont get something it's your own fault, don't expect to recieve support. On the contrary, asking for one will put you faster on the unemployment bentch than you think ( happened to a colleague)

    -Zero employee morale - basically 90% of the treasury team leaves within a year ( true statistics). Main reason - management that creates a sick environment, comparable to a concentration camp.

    To sum up, do yourself a favor and don't even bother apply. You will not only lose your time but hurt your career and health. Don't do it! There are so many better companies out there ( happen to work for one now) that will put a lot more value on you and your career development.

    Advice to ManagementAdvice

    First day on the job I was told " If you think this is a place where you can chat around with colleagues, you are not int he right place" Turned out to be the total true. I have no other comments.

    Doesn't Recommend
    Disapproves of CEO
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