Rule Financial

  www.rulefinancial.com
  www.rulefinancial.com

Rule Financial Reviews

Updated October 20, 2014
Updated October 20, 2014
14 Reviews
2.5
14 Reviews
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Recommend to a friend
Approve of CEO
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Marcus Rule
10 Ratings

Employee Reviews

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  1.  

    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
  2.  

    Worked full-time for Rule for four years

    • 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

    As ex-Capgemini, I picked up on the culture quickly - very politically oriented, and based on the old boy network. This can be useful if you fit in.

    Cons

    Very miserly pension offering. Compensation seemed OK, but very very difficult to win promised bonuses. Very cumbersome review process geared towards knocking people back rather than advancing them. Promotions very thin on the ground. Easy to get lost on the bench, undertaking activities which are not valued. I used to be an acknowledged expert in my field, but this was too technical for the direction Rule wanted to go in, and not understood by resourcers, who had me down as a DBA - impossible to change. I ended up leaving before being made redundant, as Rule only offered statutory minimum severance packages.

    Advice to ManagementAdvice

    As has been stated several times before, focus on offering real opportunities to staff across the hierarchy, rather than focussing on rewarding your mates. Take more water with it, Marcus !

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    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
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  5.  

    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
  6.  

    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
  7. 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
  8.  

    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
  9.  

    Bleeding the Heart of Finance and IT

    • 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

    Pros

    Fair salary, good training opportunities, opportunity for senior roles (often through mis-selling), strong offshore capability

    Cons

    A culture built on bravado rather than knowledge - "keep talking and show no fear". The significant subset of senior staff have little integrity overpower the few good that remain. A culture at senior level that pays lip service to honesty and professionalism but knows how to leverage the old boys networks.

    Advice to ManagementAdvice

    Stop the rot

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    Incredibly friendly and down to earth colleagues but going down hill

    • 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 full-time (more than 3 years)

    Pros

    - Really friendly working environment
    - Great platform to learn and knowledge share
    - A good stepping stone for Consultants to move into Investment Banking

    Cons

    - Now there are too many senior management staff who are over payed but don't really add value
    - Salaries are reasonable but could get more working directly for a Bank

    Advice to ManagementAdvice

    Focus more on the people who do the work, not senior managers

    Recommends
    Negative Outlook
    Approves of CEO
  11.  

    Very comfortable working environment

    • 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 part-time (less than an year)

    Pros

    Interesting projects, good positive ambience in the office, multinational company that is continuing to grow despite the crisis, opportunities for self imprivement and training, employee reviews, employee benefits

    Cons

    I have only been with the company for a year so I can't really say I have come across the cons yet. It is an active company which makes an effort to be an open book with employees, to inform them and involve them in everything

    Recommends
    Neutral Outlook
    Approves of CEO

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