Two Sigma Reviews

Updated December 23, 2014
20 reviews filtered by
  • Any Location
  • Any Job Title
3.8
20 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
(no image)
David Siegel and John Overdeck
4 Ratings

Employee Reviews

Sort: Popular Rating Date
  1. Featured Review

    4 people found this helpful

    Do great work with great people

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

    I have been working at Two Sigma full-time (less than a year)

    Pros

    Some of the nicest, smartest people I've ever met. Always learning, always having fun, always doing great work in an environment that is energizing, collaborative and incredibly motivating. Love it! First place I've worked where I feel truly valued, treated like a grownup and supported on all levels.

    Cons

    If you need hand holding, this might not be the place for you. You have great freedom to design your work plan and flexibility to approach your work however works best for you, which I think is fantastic, but might not work for everyone if you need rigid structure and oversight.

    Advice to ManagementAdvice

    Keep up the great work!

    Recommends
    Positive Outlook
    Approves of CEO
  2. 7 people found this helpful

    Solid company; a little secretive, though.

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

    I have been working at Two Sigma full-time (more than a year)

    Pros

    * Very meritocratic company. Decision making is very pragmatic and data-driven, and its fantastic results year after year prove that their ideologies are working well for them.

    * Technology is held to a very high standard here. A lion's share of the core money-makers for the firm could have (or were) easily been developers at a more traditional software firm. So it follows that keeping our technology and software development practices up-to-date, yet correct, is tantamount to upper management here.

    * There is a *constant* overwhelming focus on self-improvement, though not so much as to subvert notable achievements and improvements. This is a "good thing" in my mind.

    * Many very smart people work here. Not "smart" as in "godly developer, and nothing else" smart (though there are some of those types, too); people here are generally interested in learning new things, challenging themselves to be better and picking new things up *quickly.*

    * The compensation is really good.

    Cons

    * The soft perks pale in comparison to similar companies (free lunch once per month vs catered meals all day, every day, small fitness centers vs large ones, limited work from home vs "here's a laptop; have fun and make money"), though their hard compensation makes up for this somewhat.

    * Two Sigma has their hands on a LOT of things within the financial sector. With this reach comes significant regulation. As such, security is much, much, MUCH tighter than a lot of other places. This can feel quite limiting sometimes.

    * Consequently, the hiring process is really, really, REALLY slow, with much of the bottleneck happening after the decision-to-hire is made. This can turn otherwise-excited candidates off.

    * You can, literally, work here for YEARS without knowing exactly how the company makes money. The company hasn't done the greatest job in educating its employees on what makes them successful, mostly due to their fortress-level security.

    * Org changes happen quite frequently.

    Advice to ManagementAdvice

    I don't have any. I think that the company's management is growing the firm in the right direction.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful

    The best place to work

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

    I have been working at Two Sigma full-time (more than a year)

    Pros

    Great benefits.
    650+ people who believe the scientific method is the best way to approach investing.
    Might be the most interesting technology company you may not have heard of.
    80% of employees are software engineers / researchers.
    NYC.

    Cons

    Not too much marketing going on - many people haven't heard of the company.

    Advice to ManagementAdvice

    Keep on hiring the best engineers out there.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful

    This IS the financial tech shop you are looking for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Houston, TX
    Current Employee - Software Engineer in Houston, TX

    I have been working at Two Sigma full-time (more than 3 years)

    Pros

    Everyday I'm solving challenges. There is a constant push for newer technologies, better platform, faster response, more verifiable software engineering. Everyday is another day to make your impact on the company's output. Everyone is friendly. There is a strong sense of meritocracy and delivering the best work possible.

    Cons

    There is little hand holding. You will get help if you ask for it right. Otherwise, you should be able to read the actual code. This can be extra tough if you are not familiar with the gnu toolchain.

    Recommends
    Positive Outlook
    Approves of CEO
  6. Great firm

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

    I have been working at Two Sigma full-time (more than 3 years)

    Pros

    Lots of interesting work. Open to pursue your own ideas.

    Cons

    Growing pains. Needs to update technology infrastructure.

    Advice to ManagementAdvice

    Keep hiring good people

    Recommends
    Positive Outlook
  7. 3 people found this helpful

    Two Sigma

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

    I worked at Two Sigma

    Pros

    Very fun culture, lots of employee perks (amazing kitchens, huge gym, lots of parties and celebrations). Amazing performance - very successful firm.

    Cons

    Culturally unique - segregation by job function and/or home country. The programmers keep to themselves and don't integrate well with the rest of the company. Huge growth has led to management challenges.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 9 people found this helpful

    Me-too technology and difficult work environment.

    Former Employee - Software Engineer in New York, NY
    Former Employee - Software Engineer in New York, NY

    I worked at Two Sigma full-time (more than a year)

    Pros

    Most colleagues are intelligent and ambitious. Compensation is OK.

    Cons

    Little management focus. Technology is well behind the state of the art. Old technology creates a high maintenance burden.

  9. 6 people found this helpful

    I love working here as a recruiter coordinator

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Two Sigma

    Pros

    Free food, great pay, very knowledgeable people, great time off policy, can work from home often, get to travel alot

    Cons

    Pretty busy at times, high expectations, steep learning curve, critical people

  10. 5 people found this helpful

    Great people, hard to know what's going on.

    • 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 Two Sigma full-time (more than 5 years)

    Pros

    Very smart people working on challenging projects. Decent salary and benefits. Fun offsite events, often connected with charities the company supports - a run, bowling, fancy dinners, museum and park events. Great snacks and drinks and free food.

    Cons

    A culture of secrecy makes it hard to know even the info you need to do your own job, much less understand the larger context. On the software front, the build system is a mass of interlocking dependencies that's broken half the time.

    Advice to ManagementAdvice

    Invest more in configuration management. Trust your employees.

    No opinion of CEO
  11. 34 people found this helpful

    Platitudes, a hugely successful but ageing effort, and not much else

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

    I have been working at Two Sigma full-time

    Pros

    the operation that is the bread and butter of the company consistently makes money.

    Cons

    the people who work on the money making part of the business have neither the need nor the inclination to work with or mentor anyone outside their clique.

    outside this clique two sigma is really a hodge podge of wall street scum with an abundance of HR platitudes thrown in. there are people hired from everywhere, but never from the best places. banks, hedge funds with bad reputations, brokerages - you name a firm and you will likely find one of its ex-employees in the 600 odd people who work at two sigma. these people have brought in their own little piece of scum culture with them and have sustained it in little circles.

    there are no real promotions, the best reward for most people who do well is status quo. senior hires have rarely come from within - they have been hired from outside the firm (again the exception is the inner clique mentioned earlier - who were "big" to start with).

    compensation is just enough to keep you satisfied - and that if you are not looking actively at what your peers are making elsewhere. no one bothers to give you any direction or mentoring. every few months HR comes up with a new and innovative tool but nothing really changes.

    despite the image that it projects, two sigma is as much dog eat dog as some of the worst places on the street. the only difference is that here you are almost certain to die a slow stagnating death, whereas at another place you might be forced to choose between an accelerated career or a quick firing.

    Advice to ManagementAdvice

    i have none. you are too big for and i am too little for me advising you to make sense. you will remain big whether or not the firm you run fails or succeeds, whether or not your investors make money. you will remain big whether or not the dozens of young, smart people you hire decay away in your company. you are above reproach. you don't really need or care for advice.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

Work at Two Sigma? Share Your Experiences

Two Sigma

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.