Newedge Group Reviews

I have been working at Newedge Group full-time for more than a year

Pros – Global firm, some great people, senior leaders are accessible, fast paced atmosphere

Cons – Too bureaucratic in some areas

Advice to Senior Management – Be more decisive and lead from the front

Yes, I would recommend this company to a friend

I have been working at Newedge Group full-time

Pros – better salary than being unemployed!

Cons – Came across this website and was scanning the reviews. The "Quality people, good development..." review made me raise my eyebrows... specifically the claim that "senior leaders are accessible". Personally, I found that lack of communication and lack of accessibility to "leaders" one of the most frustrating aspects of working at Newedge. My former line manager had a seat on the desk, but would sit in his office all day. In one year he spoke to me twice, one of which was for a formal review. Yes, my boss spoke to me twice all year! He ignored everyone, except one guy who was his pet, yet he seemed to bully. Big problem with bullying culture. I resigned and never looked back.

Advice to Senior Management – Go on anti-bullying training and communicate with your employees more regularly.

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

I worked at Newedge Group full-time for less than a year

Pros – Nice offices, great real people on the floor, free fruit....

Cons – Management chain is incompetent and will suffocate anyone with skills or vision, Current Management has evolved from others leaving for better opportunities elsewhere or incompetence shipped offshore to Asia, some managers don't have any related skills within their managing area, lack of processes and standards throughout - locally and globally, teams dont have the same goals/visions across skill/area silos worldwide, serious lack of leadership and concept of future direction. People focus on acting "busy" rather than being productive, management support and berate about manual processes rather than proactive change and better productivity methods.

Company also has huge negative focuses in relation to neither parent wanting it, consideration of splitting its business lines, constant surveillance with cameras on ceilings for watching staff and monitoring of work chat/messaging windows - don't dare tell others about Reuters broadcasts.... "did you intend to send that message?"...

Advice to Senior Management – Put your hand up, be accountable... There's too many of you that are incompetent and get away with doing very little. this business needs leadership and change.

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

I worked at Newedge Group full-time for more than a year

Pros – Wide market coverage ....... Modern offices

Cons – Cliquey, self interested management structure ....... Top heavy cost profile .... Failure to reward initiative .... Refusal to adapt to anything other than the Cube/Fimat way.

Advice to Senior Management – Stop the self-interest and nepotism culture that exists.

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

I have been working at Newedge Group

Pros – I honestly cannot think of one.

Cons – This place is an utter joke. The management are paranoid, useless and in some cases just dishonest. I pity the shareholders.

Advice to Senior Management – Listen to advice? Hahaha. They are too busy fleasing the company.

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

I worked at Newedge Group

Pros – None. Maybe if you want to see how to screw up a great business model then this is a good place.

Cons – Too many to list in one life time. Idiots and creeps thrive. Some real dregs there - you'll thrive if you have zero integrity, zero talent (no threat to the paranoid and useless management) and zero ambition other than to line your own pockets. The desks are okay, Finance and Ops had some okay people but they were shafted by their own paranoid managers and individuals in the business management seeking to discredit them as they were perceived as a threat or would stop false accountancy/declarations so Business Managers weren't able to inflate bonuses for personal friends in front office. Anyone who refused to sign off incorrect inflated figures was trashed and warned their career would be curtailed. This place is the worst place I have ever worked or will ever work. If you are talented you are regarded as a threart. I wouldn't recommend this place to Lucifer himself as he'd be far too pleasant and honest to work there.

Advice to Senior Management – Resign and save your pennies as you don't deserve to work anywhere else.

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

I worked at Newedge Group

Pros – HIGH pay, annual leaves, central location

Cons – - too many confusing hierarchy which you lost track whose the boss and thus no organisation chart...
- there is no clear direction where the co is moving to.
- Got to know on public holiday.
- leaders with zero leadership skill.
- too many people not contributing to the company.

Advice to Senior Management – please get rid of those useless people, they are eating up our bonus.

– I'm not optimistic about the outlook for this company

I worked at Newedge Group full-time for more than 3 years

Pros – - I genuinely cannot think of any pros to working here

Cons – - Top performers were fired because a threat to managment
- Top performers were fired so that management could then try and take ownership of their clients (although typically failed with clients going elsewhere)
- Underperformers kept because (i) non-threatening to management and (ii) had low self-esteem
- Management under-reporting revenue of brokers to avoid having to pay them fair commission
- Physical abuse with brokers attacking each other on the desk, led to an intimidating environment, especially for women
- Constant discussion (dragging out over 2 years) of re-locating you to different offices meant instability, continuously feeling unsettled, and never being able to plan your life in advance
- Zero communication. Lack of communication is a power tool used by management.
- Many senior managers from middle-office background and do not understand the business of what front office desk brokers actually do
- and more and more...

Advice to Senior Management – As another reviewer said - listen to advice??..

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

I have been working at Newedge Group

Pros – Great folks who are very happy

Cons – Stifling back advice with no clue

I worked at Newedge Group full-time for more than a year

Pros – Really not much
If your a YES man, you will love it here

Cons – Paranoid management - Camera installed all over the place, including toilet access
No vision on growth.
Everything is personal, never report an issue as its a personal attack! even if audit issue
very 1984 mentality, people can not leave desks - Never try arrange meeting....
If u want a place to kill your career then come Newedge. Neither the two parent companies want it, and trying hard to sell off for past year with no takers. Zero funds, zero future. zero progression.

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