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
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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. Fun, gossip rule

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Penson Worldwide

    Pros

    Typically fun environment. Lots of projects. Mostly decent coworkers.

    Cons

    Projects rarely finished, gossipy high school atmosphere.

    Negative Outlook
There are newer employer reviews for Penson Worldwide

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