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I have been working at Tradebot full-time for more than 5 years
Pros – Family friendly hours. Great pay. Interesting problems to solve. Willingness to spend on technology R&D.
Cons – Everyone here was the top of their class, so they all think they deserve to be paid the most. It can be tough for some to adjust to being just one among many other bright folks.
The structure of the bonus pool is wacky. The owner tells everyone money doesn't matter to him anymore, but then he takes nearly all of the profit for himself. He's pretty dishonest about pay, but most of us here see through his self-deception.
Advice to Senior Management – Loved the idea someone else posted -- start the gift matching program again. If money doesn't matter to you anymore, why are you hoarding it?
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-11-08 13:27 PST
I have been working at Tradebot
Pros – Tradebot mimics some of the conditions you would find on a pro sports team. Compensation is high, but so is the competition for the best players. Most employees are of the caliber to be at least team leaders at any regular company in the KC area. There are no dummies entrenched in management. Unlike a regular company, nobody is promoted for pity. In other words, nobody is promoted in hopes they'll do less damage in meetings than in the field. Promotion is not based on tenure.
Under-performers are occasionally let go, like a roster cut. This is the norm in the financial industry. Over the years I have been with the company, there has only been one instance where I have disagreed with the decision to let an individual go. I hold the opinion that senior management has a good understanding of who is most valuable to the company.
You work directly with one of the world's most important and visible financial market.
Catered lunch is provided every day. Work hours are 7:30am-3:30pm and the office is usually empty by 4pm. Location is nice. The building has a great view in all directions. Just 10 minutes from downtown in the suburbs. Parking garage. There is no funding bureaucracy. Nobody lacks material resources to execute an idea or plan.
There is no bureaucracy to stifle you.
Everyone knows everyone in a small company. Your success is in your own hands.
Cons – Lack of resume building. Owing to the smaller size, lack of exponential growth, and abundance of high quality of associates, there are less opportunities for nominal career advancement. That is to say, if your goal is to work at a place for a couple of years and then get "team leader" pinned on your resume because your company is twice as big, this is not the right place.
No absolute job security. This is a trade-off for higher pay. If you want to punch the same clock for thirty years, Tradebot is not for you. Employment is at-will and sometimes the company is strong willed.
From time to time, decisions come down that do not make immediate sense. The silver lining is that no ego is able to overcome facts or evidence.
There is some insecurity floating around, maybe from the inherent competitiveness? Some worry of either others taking their ideas or being blamed for something going wrong. I am not sure why this is, because I have never seen a person disciplined for making a mistake, nor have I seen a person's contributions misappropriated.
Everyone knows everyone in a small company. Your failure is in your own hands.
Advice to Senior Management – Resume the gift matching program with a hard cap. Example: $X max match per associate
2013-10-26 17:15 PDT
I worked at Tradebot full-time
Pros – High caliber, smart, employees. Many are active with charities and giving back to the community. Slightly above average salaries, and occasional random bonuses. For a few here, the bonuses are quite large. 7-8 managers share in the bonus bounty, the crumbs are then distributed among everyone else. Very good hours, a few fun outside activities, (corporate olympics program in the spring).
Cons – Very difficult to know how employees are performing. Senior leadership likes to draw analogies to pro sports teams. Pro's have stats, wins and losses, yards gained, rebounds, ERA, etc. Here, you will be playing the game, but won't ever know the score. Review process is ambiguous, and designed to keep you in the dark. Your worth to the company will be determined by several minions sitting around a table deciding if they like you or not. Bonus pool split among a pool of senior leaders that added value years ago, but are now coasting adding little value.
Advice to Senior Management – Create a real performance matrix that has measurable performance. Do performance reviews in writing, let employees rate and rank their managers, ask employees for feedback on improving the work environment.
2013-11-04 06:18 PST
2 people found this helpful
I have been working at Tradebot full-time
Pros – - Great peers to learn from for the most part
- Hours are better than any other job
- Food catered daily
- You get a paycheck
Cons – - High stress and pressure from upper management
- Egos are abundant
- Owner would rather spend money on lawyers when people leave than on paying bonuses that employees deserve
- Perks slowly go away one by one and management comes up with ways to put a spin on it
- Only those with existing titles get promoted
Advice to Senior Management – Stop talking about how much money the company makes and supposedly compensates and actually DO IT.
2012-06-17 20:55 PDT
2 people found this helpful
I have been working at Tradebot
Pros – nice view of downtown, nice furniture, free m&ms, free all you can eat lunch buffets, great hours, nice plants, technology that is incredibly hard to figure out by anyone that hasn't spent half their life in a dark basement.
Cons – free m&ms, free all you can eat lunch buffet, black clouds of doubt, super bad karma, greed on a biblical scale, discontinued charitable giving, broken promises, half truths, technology that is incredibly hard to figure out by anyone that hasn't spent half their life in a dark basement.
Advice to Senior Management – Timothy 6:10
2012-11-26 20:56 PST
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