PEAK6 Investments

www.peak6.com
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There are newer employer reviews for PEAK6 Investments

11 people found this helpful  

extremely political environment

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Software Engineer in North Chicago, IL
Current Employee - Software Engineer in North Chicago, IL

I have been working at PEAK6 Investments

Pros

1. good benefits
2. nice office

Cons

1. constant conflicts among groups. people are fired due to politics instead of performance
2. projects are planned for political purposes instead of for the good of the company
3. middle management is made of friends and families of senior executives. They are arrogant but have very poor technical and managerial skills.They don't know how to lead their employees and don't tend to follow their bosses.
4. management at all levels do not understand cooperation.
5. talents are not valued.

Advice to ManagementAdvice

you desperately need all talents you can get. please put aside the absurd differences and for once think of making the company better.

Doesn't Recommend
Approves of CEO

72 Other Employee Reviews for PEAK6 Investments (View Most Recent)

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  1. 1 person found this helpful  

    Phenomenal options trading and education program, smart people and a sweet office space

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Trader in Chicago, IL
    Former Employee - Trader in Chicago, IL

    I worked at PEAK6 Investments

    Pros

    Office space - old trading floor of Board of Trader, 40 foot high ceilings, awesome view, etc.
    Uncapped pay - as a trader you can easily make a lot of money
    Strong benefits - top of the line
    Smart people

    Cons

    Volatility of earnings - as a trading firm your earnings are impacted by firm performance (even though trading is individual), some people don't like this
    Turnover - no more than anywhere else, but traders are mostly, for better or worse, hired guns. P6 doesn't do a good enough job of finding those who want a career and elevating their responsibilities

    Advice to ManagementAdvice

    Numbers can't tell you everything, there is always a human element. Realize the impact timing has on performance. Some people who were let go could be managers right now if they had simply traded in a different time period.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    Good, but it can be better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer in Chicago, IL
    Current Employee - Software Engineer in Chicago, IL

    I have been working at PEAK6 Investments

    Pros

    Smart people to work with. High accountability environment. Good benefits. Definitely great party, great speech from the owner at every party.

    Cons

    Not much visibility on changes that are going on in the company. Not too sure about middle manager ability to manage.

    No opinion of CEO
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