Penson Worldwide

  www.penson.com
  www.penson.com
There are newer employer reviews for Penson Worldwide

 

Well intentioned, but communication and lack of strategy are sorely missing

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

I have been working at Penson Worldwide

Pros

The people, including management. Penson does a good job of hiring people that share the core values of the firm.

Cons

Lack of clear corporate goals, or a strategy to achieve them. This can, and has, led to much confusion about company priorities, and what you should be working on at any given time.

Advice to ManagementAdvice

Pick a couple of clear, defined 1/3/5 year goals, create a plan for how to get there (hopefully after soliciting feedback from employees), and COMMUNICATE, COMMUNICATE, COMMUNICATE it. Measure and report on progress often. Employees need to feel a sense of progress and accomplishment, and that is not happening today.

No opinion of CEO

14 Other Employee Reviews for Penson Worldwide (View Most Recent)

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  1.  

    Great coworkers

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

    I worked at Penson Worldwide

    Pros

    I really enjoyed working with the others in my department. The industry was interesting and the constantly changing technology kept things challenging and engaging.

    Cons

    The top executives did not provide very much direction. The staff could have been better utilized. When there was an imitative introduced, there was little focus or follow up.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Software Development is messed up

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Penson Worldwide full-time (less than an year)

    Pros

    DBAs are very professional, most software developers are good people

    Cons

    The whole development process is so messed up it is crazy. Multiple teams manually merging changes in old Version Control systems, release management is so cumbersome it takes huge effort to release anything - and this is just for starters.

    Advice to ManagementAdvice

    Get top level enterprise architect, than actually follow his/hers recommendations.

    Doesn't Recommend
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