QRM Reviews

Updated August 16, 2015
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Stephen Rigsbee
13 Ratings

21 Employee Reviews

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  1. Great place to grow but company needs better transperancy

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at QRM full-time

    Pros

    Competitive pay. Employees get paid very well Amazing work/life balance for a job in Finance. It will be really hard to find a company that rings so true to the work life balance mantra Work with a large number of banking clients that range from small regionals to top 10 global institutions

    Cons

    The pay structure is never discussed outside of your review The company has so much potential to grow but it seems to be limiting itself

    Advice to Management

    Don't be afraid to grow. This is a multi-billion dollar and company and people there know it.


  2. Overall good experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Product Analyst in Chicago, IL
    Former Employee - Financial Product Analyst in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at QRM full-time (More than a year)

    Pros

    opportunity to learn Nice work life balance decent pay flat structure

    Cons

    long term learning opportunity limited


  3. Software Development

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    About the only thing positive was the pay.

    Cons

    An opaque leadership style fueled by paranoia.


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  5. Great, well Structured

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Chicago, IL
    Current Employee - Software Developer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at QRM full-time (More than a year)

    Pros

    Flat structure. Management listens. Excellent benefits. Good to employees.

    Cons

    Depending on the team your on, the work can sometimes become dry and uninteresting.

    Advice to Management

    Come up with a way to keep developers engaged and excited. 20% time on Fridays!?


  6. Good employer for software engineers in Chicago, but not for those with a national scope

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Developer in Chicago, IL
    Current Employee - Systems Developer in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at QRM full-time (More than a year)

    Pros

    The working hours are very reasonable -- generally, the management makes realistic schedules. The company dominates its niche, so its product probably isn't going to vanish as it might at a startup. The software development process is quite mature, which does help you do your best work.

    Cons

    Like another review stated, the organization is flat -- there is a smaller chance of advancement here than at fast-growing companies. The product features are not exactly cutting edge, mostly because their customers have been around for decades in a highly regulated industry and thus don't like changes. You may not be working on the latest and greatest technology. The management requires employees to work 45 hours per week, which is very draining for those who have hour-long commutes into Chicago.

    Advice to Management

    Allow more employees to work in R&D and adopt new technologies at a faster pace. You need to think about disrupting your own product, because your competitors are more nimble and have less to lose in trying to eat into your market share.


  7. Helpful (1)

    Great learning experience and work-life balance.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Product Analyst in Chicago, IL
    Former Employee - Financial Product Analyst in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at QRM full-time (More than a year)

    Pros

    In the beginning, lots of opportunities across the company. Rotational program exposed you to many different functions, and gave you a sense of where you'd like to end up. Work-life balance was excellent, and compensation was quite good (aggressive raise schedule).

    Cons

    Relatively flat company, which means that after a while there is nowhere to go. You can move horizontally, and pay will continue to increase, but unlikely that you'll advance far with current organizational structure.


  8. Not a good place to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Neutral Outlook
    No opinion of CEO

    I have been working at QRM full-time

    Pros

    Disastrous place to work in.

    Cons

    Young people are trying to showing off in bad manners; Managers are unfriendly.


  9. Helpful (1)

    Great place to grow professionally

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Approves of CEO

    Pros

    Good team work, supportive for professional growth, low pressure, long term focus, very stable work environment, very friendly work atmosphere, great location and office space

    Cons

    Not as dynamic work environment as in trading firms, compensation upside is limited because of the nature of the company's business


  10. Helpful (2)

    More cons than pros, mainly due to senior management's incompetence in running the company

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Disapproves of CEO

    Pros

    1. Smart, highly educated, young group of employees. 2. Good compensation. 3. Great culture of a daily short update meeting to let team members know what you are working on that day. 4. Lots of very helpful people for the most part.

    Cons

    1. The cons revolve mainly around the fact that senior management have so little trust in their employees such that it curbs the employees’ productivity and work motivation while increasing frustration in the work place. 2. Working hours and work location are not flexible at all. e.g. employees can access their workstation from home, but those hours working from home will not be considered working hours if you hadn't been present at the office sometime during the day, which sort of defeats the purpose of working from home. In my team, there are at times urgent work that need to be completed by monday morning therefore requiring some work to be done over the weekend. Many times, on such occasions I prefer to skip the hour long commute into the office on a weekend and decide to just log in from home. But of course, by not being physically present in the office, the time I had spent working from home cannot be counted as work hours. This is another example of how management has so little trust in their employees and is always skeptical of their employees working from home. It is almost as if the option to work from home is there as a facade for the company to say that they provide flexible work hours and promote work-life balance. 3. Management's reason for severely limiting internet access is the fear that employees may spend their days surfing the web instead of working. However employees are not given internet access even when it is needed to complete a work related task. Instead, employees can access the internet using the very few kiosks located strategically on each floor. Imagine trying to do some extensive work-related research and literally have to work out of the kiosks or otherwise making 20 round trips to the kiosk from your work desk. Files downloaded from the internet are not easily transferrable to our workstations either. Strictly restricting internet access to only Wikipedia and programming websites and not allowing internet access even when truly needed for work related purposes is just another reflection of QRM management’s paranoia. 4. Many access privileges are only given to those who have been at the company since its founding days. No matter how talented/hardworking/smart a new hire may be, he/she will not be granted these privileges until they have been at the company for a certain amount of time. Another way to get privileges as a relatively new hire is to befriend the right people with the power to provide access privileges and quietly bypass company policies. Many people leave for a better place where privileges are given fairly to everyone and employees do not have to proof their loyalty to the company through decades of service just to earn something like having unlimited internet access or access to relevant proprietary information. 5. For a such a small company, QRM is a very bureaucratic place. Many of the ultimate decisions are made by senior management. Because of the layers of bureaucracy, processes tend to take awhile to be completed especially when one person drops the ball or the one person becomes the bottleneck of the whole system and is so overwhelmed by the tons of approval requests he/she has to review. This adds to the mounting frustration that QRM employees are already subjected to.

    Advice to Management

    1. Put more trust in your employees. It will only encourage productivity, initiative, and increase motivation. If you can’t put any trust in your employees then why hire them in the first place? 2. Reduce the red tape required for minor internal issues. Reserve that for more significant issues. 3. Listen and consider what your employees have to say when it comes to what’s best for the company. In our performance reviews, we are required to write suggestions on how to improve the company but you don’t seem to read them at all. Stop being so aloof to the majority of your employees.


  11. Neutral

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Statistical Financial Analyst in Walnut Creek, CA
    Former Employee - Statistical Financial Analyst in Walnut Creek, CA
    No opinion of CEO

    Pros

    good benefits big vacation training

    Cons

    small company less opportunities conservative

    Advice to Management

    n/a



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