ICAP plc

  www.icap.com
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ICAP plc Reviews

Updated Jul 21, 2014

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All Employees Current Employees Only

3.4 31 reviews

76% Approve of the CEO

ICAP plc Group CEO and Director Michael A. Spencer

Michael A. Spencer

(17 ratings)

56% of employees recommend this company to a friend
31 Employee Reviews
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    R & D - Jersey City

    Anonymous Employee (Current Employee) Jersey City, NJ

    ProsWork-life balance is great, health benefits are OK but very expensive

    ConsWhere do I start?
    Icap EBS is like nothing I have seen in my life and if I shared even an ounce what goes on there you'd think I am making it up. No leadership, no vision, no strategy, no competency, no loyalty, no growth, no future.
    The only concern is cost-cutting at the expense of everything.
    I'd run from any job offers, I would not recommend this place to anyone and I cannot wait to leave!
    I would rate the company -5 stars if I could. There is no consideration for process, policy, proper management of ideas. The leadership is senior in title, but extremely inexperienced in running a company.
    The company offers health benefits, which you need in case you are at the brink of a nervous breakdown caused by the crazy circus you will report to everyday. No 401K matching, benefits are very expensive. No consideration for diversity, mentorship, networking etc.
    I can go on for days, but the bottom line is avoid this place at all cost.

    Advice to Senior ManagementHire some competent management, at least someone who knows what process is and why we should follow it

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    3 people found this helpful  

    Dead end

    Senior Software Engineer (Current Employee) Jersey City, NJ

    ProsTechnical learning curve is good because of a few sound professionals. It you manage your superiors and their expectations correctly, you can have a laid back environment. Also they have not had many lay offs, so you are secure in this market.

    ConsManagement is very wishy washy in terms of understanding time-work ratio, recognizing accomplishments, rewarding accomplishments, approachability and decision making capabilities. For instance the management thinks the number of hours at work is more important than either quality of work or accomplishments over and above your yearly goals. There is also a lot of politics that influence the workings of the technology team, information is not passed around to team mates and is kept as privileged information for control, a few blame games and numerous coffee room maneuvering which has in the past two years taken a toll on employees in general. Benefits are average to sub average.

    Advice to Senior ManagementMake sure management incompetence is not tried to be pushed down the ladder and that all employees are being treated fairly.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Unstable mgmt, office politics, fast-paced, cut throat

    Broker (Former Employee) Singapore (Singapore)

    ProsIf you want to experience working for one of the biggest inter dealer brokers in the world and get a sense of how things used to run in the glory days, work here.

    ConsBe ready to deal with office politics, cut throat colleagues, overly strict and inefficient compliance (also dealing with ongoing public investigations and lawsuits), very budget conscious, no communication with management. In addition to these ICAP specific issues, the industry will struggle with banks doing less business and more regulations.

    Advice to Senior ManagementCommunication for starters.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    You got to be tough in order to survive there

    Anonymous Employee (Former Employee)

    ProsFlat hierarchy
    Good compensation
    Nice infrastructure and environment

    ConsShrinking market
    Shift to electronic brokering

    Advice to Senior ManagementNone

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Not a healthy environment for long term, no support for employees.

    Sales (Current Employee) Bucharest (Romania)

    ProsA sort of a lack of control so quite a lot of freedom.

    ConsLow salaries, low opportunities to develop, unorganized company - bad or in existent processes, etc.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Dead end weak communication

    Anonymous Employee (Current Employee) London, England (UK)

    ProsGet to work with different groups and very hard working group of people not much for the management though.

    Charity Day

    ConsNo communication, honesty or loyalty towards employees. Fact that employees cannot review managers show how ICAP operates. You have to be careful with your sign-on agreements or else you will stuck with same pay for 10 years and also be wary of company wide policy changes time to time which will be changed without any notification to employees.

    Advice to Senior ManagementBe transparent and honest.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good temporarily but harmful in the long term.

    Business Development Manager (Current Employee) Jersey City, NJ

    ProsLaid back environment with good work life balance. Smart people and relatively motivated workforce. Part of a larger more growth intensive company.

    ConsUltra-political management team. Limited opportunities for growth. Extreme distrust of other areas of the organization. The business seems to be in the dying throes of being a formidable force on the street. There is lack of innovation in new product areas and a complete disregard for the ideas of others. It's all about being politically connected in this division. ICAP as a whole, however, is a completely different story than the lackluster Electronic Broking Division. Great company to work for.

    Advice to Senior ManagementDevelop your people and provide them opportunities to innovate.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Fair analysis of life at ICAP.

    Dealer (Former Employee) Mumbai (India)

    ProsICAP gives you a lot of exposure in terms of macro economics. If you just don't limit yourself to the job you are supposed to be doing and get into casual relations with your clients, there is tons to be learnt from the industry leaders.

    Conslimited industry scope. dying nowadays. you face tough competetion from electronic broking. As in every other broking job, it sees unfair at times. Your success is largely dependent on the number, size and type of clients you've got. You get focused to only one niche industry with limited self growth, ignoring all the other talents you possess.

    Advice to Senior ManagementDepartment heads should not be appointed according to the revenues they bring in, but their leadership abilities and popularity.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    Incredibly Crappy And Painful

    Credit Analyst (Former Employee) Jersey City, NJ

    ProsWorking at ICAP will test your resistance to pain. If you survive this, you can survive any corporate environment on the planet.

    ConsYou're going to be worked to your death.

    Advice to Senior ManagementRetire. It's time for new blood to take over.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Going through huge change

    Anonymous Employee (Current Employee)

    ProsSome good people
    Flexible working environment
    They are trying to update their business model as they know things need to change

    ConsNo clear direction
    Cost cutting a priority

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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