Options Group

  www.theoptionsgroup.com
  www.theoptionsgroup.com

Options Group Reviews

Updated June 16, 2014
Updated June 16, 2014
8 Reviews
3.4
8 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Mike Karp
4 Ratings

Employee Reviews

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  1.  

    Good environment and good colleagues

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

    I have been working at Options Group as an intern (less than an year)

    Pros

    Flexible worktime and friendly colleagues. There are not many deadlines. You can learn a lot about finance industry. My boss is very patient and willing to help me.

    Cons

    As an intern, sometimes I didn't get much work to do.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    A lot of pluses but just as many minuses. Probably used to be a great place, but going downhill fast!

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

    I worked at Options Group full-time

    Pros

    The company has a large research team in New York that can do great things for clients. The head of research is a brilliant and capable guy who should make partners some day. Some of the top recruiters are very sharp, have real understanding of their markets and have great contacts. The top people in their IT and quant trading team are really awesome recruiters. There are some talented junior people also. Several (but not all) of the top people there are smart, nice and good at what they do. This is a good training ground for people who want to cut their teeth at a truly aggressive firm where they can learn the art of hard selling. The CEO has excellent contacts and is very charming (when he is present at work.) They have a real global franchise. The database is enormous. They give their people a lot of flexibility. Basically they can do whatever they want, in any product and in any market. Ambitious people (who do not care about the terrible management and culture) can move up quickly there. You can even move around geographically at that company. If you are connected there and produce a lot, you can also make a lot of money. Finally the firm has an amazing client list. They keep these clients because they execute searches with a lot of energy and they get the job done. Plus, no one wants to be raided by them because they will get picked clean of their best people.

    Cons

    The CEO is absentee and his partner is a terrible manager who yells at his employees. Really, there is no management there, no human resources, and very little administrative staff. There is no rule book and no real rules. Rules change depending on who you are and how you bill. Political in-groups and out-groups dominate the place. Its a mystery to everyone how the firm keeps running. Maybe its the controller, since they fired the only full-time manager that they had about a year ago. Discrimination and sexual harassment run rampant. It seems like this used to be a great firm at one time but it has probably become everything that the founders disliked about their competitors when they started out. They are greedy and cheat their own people out of money for example, particularly junior people. All of their clients know this about them but they are too afraid of them not to work with them. Basically this is an old boiler room operation, the type that are disappearing these days. They can not adapt to the new search business where you are expected to be smarter and more flexible than your competition, basically because most of their employees are pretty dumb. There are no opportunities for partnership any more. If you ask me, the place is going down hill fast. A lot of great recruiters have left there lately and they can not recruit new ones because everyone knows their reputation.

    And they are terrible pathological liars..... almost forgot that....

    Advice to ManagementAdvice

    Get some real managers even if you have to hire them from the outside. Then put some real rules in place and fire the people who do not follow them. Define the structure there, too. You may lose some good people who cannot take the changes, but thats life. People who won't accept proper management should work on their own, not for a real company. You need to make this in to a real company. Right now, you couldn't sell it for two cents to an investor. There is still a lot of talent there but you need to clean house. Probably you should keep your smartest people and figure out what to do with them a bit more, and you should get rid of the stupid ones. You really do not know how to get the most out of the people who can do the most for you, so you should figure that out. Maybe you should learn to be a little bit more consultative also. It seems like your clients think of you as great recruiters but also huge liars who can never be trusted and who add almost no value past search. That is because a lot of your top people have no scruples. If you think that is not a reflection of your values, then you should do something about it. However maybe they are a perfect reflection of you, and, in that case, I would say that you are in big trouble because that is a terrible reflection. Mirror, mirror...

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    solid place to work with lots of opportunity for a motivated headhunter with experience

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

    I worked at Options Group full-time (more than 3 years)

    Pros

    fairly high pay-out, global reach, well known brand. Flexible but driven culture.

    Cons

    no formal training, light on management/structure. (not great for ppl who need hand holding/training)

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Don't let appearances fool you...

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

    I worked at Options Group full-time

    Pros

    Nice office and freedom to do whatever you want.

    Cons

    No leadership whatsoever. Compensation structure is subpar at best. Boiler room atmosphere. Lack of education among employees (mainly recruiters). I could go on and on. If you have a college education and a half of a brain, don't waste your time. If you want to make cold calls all day, you're better off being a financial advisor or stockbroker—at least you'll be provided some guidance and could pick up some skills or licenses along the way.

    Advice to ManagementAdvice

    Spare potential employees the dog and pony show. You aren't market makers or portfolio managers. If you do manage to lure in that A-Type personality hoping for the success you poorly wear, at least reward him or her in an appropriate manner.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    OG Mafia

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Options Group

    Pros

    Low turnover and great team bonding/

    Cons

    Overworked and underpaid. The Partners take all the $$$

  7.  

    Great Experience

    Former Employee - Research Intern in London, England (UK)
    Former Employee - Research Intern in London, England (UK)

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

    Pros

    Always on top with their mandates, industry trends, etc.
    Very good environment to work in.
    Cooperation among different locations is great.

    Cons

    Work can get a little repetitive after a while, specially when having to update huge sectors.

  8.  

    Great Place

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

    I have been working at Options Group full-time

    Pros

    It is really all about the people...fun and very bright group to work with globally. Also, great infrastructure.

    Cons

    None I can think of

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    About Options Group

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

    I have been working at Options Group full-time (less than an year)

    Pros

    Options Group has always prioritized maintaining an intimate relationship with the financial services industry and its key participants. Options Group offers financial services companies a broad array of integrated services.

    Cons

    A progressive Org in the growth mode so a lot to look out for.

    Recommends
    Positive Outlook
    Approves of CEO

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