Simplex Investments

  www.simplexinvestments.com
  www.simplexinvestments.com
There are newer employer reviews for Simplex Investments

 

Though it was short, it was a great learning experience

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

I worked at Simplex Investments

Pros

Fast Paced, excellent culture, free lunch and drinks, got to learn a lot.

Cons

Small company that has just started to grow.

12 Other Employee Reviews for Simplex Investments (View Most Recent)

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  1. 1 person found this helpful  

    If you've got talent...this is NOT the place for you!

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

    I worked at Simplex Investments

    Pros

    Catered lunch and decent health benefits.

    Cons

    This company has a reputation for hire and fire. People are hired with very high expectations, placed under an extreme degree of pressure, and are then fired within months. If you are lucky enough to make it to bonus season, well, don't expect to be wowed. If you are unlucky enough to be in the crossfire when things are going wrong you WILL be screamed at (and we're talking borderline abusive). There are MANY MANY trading firms in the Chicago area. If you've got talent you should really do your homework and talk to firms other than Simplex. Not only will you be compensated better, but, you will be happier in an environment that is more respectful of it's employees.

    Advice to ManagementAdvice

    It's really common sense that people do not like to work under the kind of pressure that is common practice at Simplex. Treat people with respect. Pay people what their experience is worth. Stop the whole hire and fire practice!

    Doesn't Recommend
  2. 1 person found this helpful  

    Horrible

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

    I worked at Simplex Investments

    Pros

    Good pay, Good location, Good benefits

    Cons

    1)They apply for your H1-B only after u have worked for 3 months. Basically u have a chance of getting fired between the 3 mnths
    2) Training is hard
    3) THE Biggest
    I joined the company right after i graduated from college, campus hire and i was laid off with the rest of all the new hires in exactly 4 weeks. 4 WEEKS. No prior notice, no benefits given , NOTHING. Called us to the conference table (18 of us) and just told us in 5 min , u guys r laid off. Please leave .
     Even if u dont have another job, DO NOT JOIN

    Advice to ManagementAdvice

    Please do not hire so many ppl when u plan to lay them off in a month.

    Doesn't Recommend
There are newer employer reviews for Simplex Investments

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