Rule Financial

www.rulefinancial.com

Rule Financial Reviews

Updated January 22, 2015
Updated January 22, 2015
17 Reviews
2.6
17 Reviews
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Marcus Rule
10 Ratings

Employee Reviews

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  1.  

    Good Company, but very much a Cap Gemini culture

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

    I worked at Rule Financial full-time (more than 3 years)

    Pros

    Small enough to know everyone, but big reputation in the City, so some interesting projects. Good local graduate training programme. OK social environment. Opportunity exists (or did in my day there) to make what you want of the role by leveraging the political atmosphere.

    Cons

    Many of the senior managers had a Cap Gemini background, so lots of politics to wade through. Quality of work varied depending very much on who you knew, rather than what you knew. Need to make sure the resourcing team (who are not necessarily IT literate), know what you are good at and aspire to. Be interesting to see how the recent German takeover pans out, but I hear many of the long-serving senior people have moved on. Used to be a very heavy and (in my view) unhealthy reliance on a very small number of major City organisations, to the point where the customer dictated the rates, knowing that refusal was very unlikely, as loss of the contract would bring Rule rapidly to its knees..

    Advice to ManagementAdvice

    Don't get too big for your boots, and look after the workers, who are the ones out there earning the money to pay your salaries.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    Experience at Rule

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

    I worked at Rule Financial full-time (more than 3 years)

    Pros

    Small Company, you feel connected.

    Cons

    good projects depend on your conacts with Sales team

    Recommends
    Neutral Outlook
  3.  

    The people make this Company

    • 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 Rule Financial (more than an year)

    Pros

    Staff are really down to earth, helpful, pragmatic and hard working - oh and fun!

    The recruiter I was approached by was welcoming, friendly and well informed. My first day was friendly, down to earth and left me with good impressions.

    Cons

    Having been with the company for a few months now I would say that you do end up being on roles that you may not necessarily want to be working on but I suppose that is challenging and good if you want variety and a quick platform to learn from.

    Advice to ManagementAdvice

    Your consultants and back office staff are what drive the company - look after them!

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Software Developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Zgierz (Poland)
    Former Employee - Software Engineer in Zgierz (Poland)

    I worked at Rule Financial full-time (more than an year)

    Pros

    +good interviews = skilled coworkers
    +good atmosphere
    +possibility to gain knowledge about investment banking.

    Cons

    Hard to say, as this is consulting company a lot depends on client, it is sometimes one need to work with some obsolete technologies or legacy code

  6.  

    Management heavy

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

    I worked at Rule Financial full-time (more than an year)

    Pros

    Great people (in general) but most are on different projects (projects I mean bodies) and no real career progression, but a great stepping stone in to financial markets and banking.

    Cons

    Management, old boys club if your face fits. Management heavy and there's a lot of measuring to get one over the next person to get noticed and progressed.

    Advice to ManagementAdvice

    Invest more in to your staff rather than hiring on a body shop capacity.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    Nice place to get a grasp of test automation (if you're interested in testing discipline).

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Test Engineer in Pabianice, Lódz (Poland)
    Current Employee - Senior Test Engineer in Pabianice, Lódz (Poland)

    I have been working at Rule Financial full-time (more than 3 years)

    Pros

    - Quite nice benefits package, 9-17 working hours, happy hours once a month and other company events
    - Nice people, you can work with many experienced engineers

    Cons

    - Hard to get any training/certificate in testing discipline
    - Hard to switch between the projects
    - Quite complex annual review process
    - HR systems (I still can't believe that the company decided to actually pay for nuview...)

    Advice to ManagementAdvice

    Focus more on people demands in terms of career goals, not only in terms of fun & entertainment.

    Recommends
    Negative Outlook
    No opinion of CEO
  8.  

    Not bad; could be better

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

    I have been working at Rule Financial (more than an year)

    Pros

    Ability to take on responsibility; learn from senior members of staff

    Cons

    Systems, too much red tape and too many people not knowing what is going on elsewhere in the business.

    Advice to ManagementAdvice

    Listen to your staff; too many decisions are made without consulting the people that it effects.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Great opportunities for Seniors, limited for Juniors

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

    I worked at Rule Financial full-time

    Pros

    Work: Working hours would suit people looking for a good work life balance, people normally start at around 9am and finishes at around 5pm. Rule have a great initiative to promote professional certifications but the quality of institutions that they picked can be questionable. Lastly, being a junior at Rule, one can expect to be exposed to some of the industry’s leading professionals with years of experience, making for a good learning opportunity. However, Rule fails to capitalize on this selling point by not creating a culture where senior and junior employees interact with each other, the division is clearly evident.

    Cons

    Work: At a junior level, you can expect to go into three of Rule’s disciplines. Governance, Business Consulting or Application Management Services, where you would work as an Analyst. Rule will determine which discipline you enter and you will have very little input on the decision as it’s driven by their needs. Once placed into a discipline, you have little flexibility to move out of your discipline. The work is of a very technical nature and is more suited to people who have tech backgrounds. Placement on to projects is decided by discipline leads and your input is not considered. In-between projects, you will be doing work on the bench. There is little oversight and one can expect to do senior manager’s pet projects.

    Compensation: At the lower levels, the compensation and benefits are minimal, A level 1 consultant can expect to earn an annual salary of 24K and healthcare benefits. Time to be eligible for a salary increase is 1 year and 3 months. Rule has a fixed increase for people who are awarded a promotion and they have a condition that you can’t be eligible for a promotion every year. Employees at Rule are only eligible for bonuses being a Level 4 consultant (4-6 years of experience). Therefore, it’s not a system of meritocracy but rather a structured path that doesn't recognize or reward ones individuals’ performance.

    Career Progression: Limited, your promotion is not based on your contribution towards the company or the benefits you have brought to company but more on your utilization/billability. There is little thought process in assigning you a career manager that is suitable. I saw the case of an employee being matched with a career manager at the same level (albeit with one more year of experience). Engagements are assigned with little consideration if there is an accurate matching of skills but more of a demand for resources. Making it difficult to excel in your role.

    Advice to ManagementAdvice

    Don't only focus on the senior management, understand that junior employees are an integral component of a company and therefore create an environment where they can develop into future leaders of the company. Reconsider the type of work they do, compensation and progression and you might get a good pipeline of future employees that can excel for your company.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Not a good company to pursue a career but a good stepping stone

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

    I have been working at Rule Financial full-time

    Pros

    Rule Financial is a good company to start your career if you are looking to pursue a career in IT, project management, or financial services. It is a good stepping stone to gain experience to get into other consulting roles and banking. There are some good people at this organisation that are wiling to sacrifice their time to help you.

    Cons

    Unfortunately there are a lot of cons about working for this company. The promotion process is slow. It takes at least 18 months to be considered for a promotion from starting and the promotion is not a significant increase. In addition, for the consultancy sector the salaries offered for junior people are not competitive for the consulting industry as a whole. In addition, it takes a long time to be put on client site which means Rule makes little money from you unless you are working on an internal project and you don't get to gather experience. Finally, Rule Financial is not concerned about personal development unless it benefits them despite the fact that this company is lacking knowledgeable junior employees.

    Advice to ManagementAdvice

    There is too much bureaucracy in this company. The management is only concerned about their self bonuses and as a result the company is suffering. My suggestion would be to get rid of the dead weight of the senior management of this company.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11.  

    Good place to work

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

    I have been working at Rule Financial full-time (less than an year)

    Pros

    All good - salary, trainings, projects, colleages.

    Cons

    no special cons, just details, as everywhere. Maybe too much bureaucracy :)

    Advice to ManagementAdvice

    Maybe a little less bureaucracy? ;)

    Recommends
    Positive Outlook
    Approves of CEO

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