GFI Group

www.gfigroup.com

GFI Group Reviews

Updated January 18, 2015
Updated January 18, 2015
27 Reviews
3.3
27 Reviews
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GFI Group Chairman and CEO Mickey Gooch
Mickey Gooch
14 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Accounts Receivable Analysis

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accounts Receivable Analyst in New York, NY
    Former Employee - Accounts Receivable Analyst in New York, NY

    I worked at GFI Group full-time (less than a year)

    Pros

    The benefits are great. Human Resources department were very helpful and informative. Easy commute to the nyc office. Peaceful location for outdoor breaks. When you need time away from your computer. Company provides a full stock kitchen with tea, coffee, and water.

    Cons

    Inconsistent training and rude attitude from trainer. As well as discouraging comments from co-workers. Want you to learn everything in a few days or a day. Turn over for this department is extremely high. Once you get to know the atmosphere you will learn why workers leave on bad terms. There is no work/personal life balance. If you are new you will be blamed for the poor training. When in reality you are only as good as the training that is received by the person teaching you. In addition, there is no growth potential in this department. Look for another company instead of working for GFI. The salary offered is not worth such unpleasant environment. You are not even allowed an hour lunch. Half hour breaks are the rule and that's not long enough for such a busy area. Save the stress and frustration for a company that will give you proper training and workers are pleasant. If i could give this department zero stars i would. I wasted my time and energy with this A/R Department. But never again will i make the same mistake twice.

    Advice to ManagementAdvice

    Get someone that is organize and knows how to train others. Stop trying to micromanage every single element of the job. Be open minded to knew ways of teaching and being productive.

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

    Ok for a while... Not the place to make your career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Broker in New York, NY
    Former Employee - Broker in New York, NY

    I worked at GFI Group

    Pros

    Fun place, good benefits and spending account.

    Cons

    Bad training, they will hire anyone to be a broker. Tons of cute looking moron waitresses.

    Advice to ManagementAdvice

    Better training. Have managers be on the desk.

    Doesn't Recommend
    No opinion of CEO
  3.  

    Fun in the good times...but aren't they all

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

    I have been working at GFI Group full-time (more than 8 years)

    Pros

    Family-like, casual environment that is highly competitive - being a broker is great if you're into thinking on your feet and making good money, while being able to socialise with colleagues and clients.

    Cons

    Upper management is disconnected and middle management is generally useless. Company has cut corners with reduced benefits and perks over the last decade, and morale is at an all time low. High staff turnover in the last few years.

    Advice to ManagementAdvice

    Stop spending time on your personal entertainment (and pretending it's for work) and start paying attention to how your middle managers are running your business. There's a reason why talented people keep leaving.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Was good.

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

    I have been working at GFI Group

    Pros

    Most people are good. Sometimes flexible.

    Cons

    Way too laid back. Not much growth.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Great Technology

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

    I worked at GFI Group

    Pros

    Great Tech, innovative management, good work environment, International presence with ambition to go out more. Great tech allows you to get into products you normally wouldn't see.

    Cons

    Absolutely the worst payout structure in the Street. If you have good clients look away at other shops before going to them. GFI feels its because of GFI that you are successful and not because of your relationships. If they offer you stock options, run. Pay a good money for a lawyer before you sign their contract.

    Advice to ManagementAdvice

    You have lost some good employees that have left and gone on to make incredibly more money because of your low payouts. Bump it up and they will come.

    Doesn't Recommend
    Approves of CEO
  7.  

    Not Bad and Not Great

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at GFI Group

    Pros

    Pay, Location, Hours, People, Dress Code

    Cons

    Misc Fees (Bloomberg, etc), Too Big, Too Slow to Enact Change, Too many levels between brokers and management

  8.  

    Good place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Broker Trainee in New York, NY
    Current Employee - Broker Trainee in New York, NY

    I have been working at GFI Group full-time (less than a year)

    Pros

    Reasonable hours
    Good people to work with
    Will pay for Series 7, Series 63, and Series 3 exams for incoming trainees as well as exam prep classes

    Cons

    Not a lot of direction from superiors
    Slow process in moving up the chain
    Benefits could be better

    Recommends
    Negative Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Gopher work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Intern in New York, NY
    Former Employee - Summer Intern in New York, NY

    I worked at GFI Group as an intern (less than a year)

    Pros

    Networking opportunities, work-life balance, employees are great

    Cons

    Not really challenging, training issues, unstructured, below competitive rate

    Advice to ManagementAdvice

    Create an structured internship program

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Fun during the good times.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at GFI Group full-time (more than 5 years)

    Pros

    Good work life balance and an entrepreneurial spirit when the business was moving the right way. Atmosphere like a family, so great as long as the relationship is sunny.

    Cons

    Markets and trading environment moving against firm. Morale has declined given lay offs and challenges to core business. Power too concentrated in relatively few hands. Management would benefit from a wider range of opinion.

    Advice to ManagementAdvice

    Continue to embrace technology and a more sophisticated product range, which can't be so easily replicated by technology. Firm already doing some of the right things but need to do more.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Product Manager in New York, NY
    Current Employee - Product Manager in New York, NY

    I have been working at GFI Group full-time (more than a year)

    Pros

    high salary high pay high OT

    Cons

    no personal life, bad office enviroment

    Advice to ManagementAdvice

    more time for employee

    Neutral Outlook
    Approves of CEO

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