BGC Partners Reviews | Glassdoor

BGC Partners Reviews

Updated Feb 25, 2020

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2.9
44%
Recommend to a Friend
55%
Approve of CEO
BGC Partners Chairman, President, and CEO Howard W. Lutnick
Howard W. Lutnick
82 Ratings
Pros
  • "It can take a years to develop relationships if youre just getting into the business, and most desks dont pay non-brokers a ton of money(in 15 reviews)

  • "Great People , Great work life balance(in 13 reviews)

Cons
  • "brokers are treated very differently(in 11 reviews)

  • "A stressful work environment rife with bullying(in 8 reviews)

More Pros and Cons
  1. "Junior Broker"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in New York, NY

    I worked at BGC Partners full-time for less than a year

    Pros

    Great team, great company and organisation.

    Cons

    I would not highlight any cons as, I, personally had a great time working for BGC.

    BGC Partners2018-11-29
  2. "Good Co Workers, but no direction"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Systems Engineer in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at BGC Partners full-time for more than 3 years

    Pros

    Good people locally and lean how to filter out profanity.

    Cons

    no raises or any compensation. Stock options that they take back if you leave.

    Continue reading
    BGC Partners2020-01-21
  3. "review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BGC Partners full-time for more than 3 years

    Pros

    culture is very good here

    Cons

    long hours can be tough

    BGC Partners2019-11-11
  4. Helpful (2)

    "Leadership with a short vision"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Engineer in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at BGC Partners full-time for more than 3 years

    Pros

    Company’s main business in inter dealer brokerage. It’s a great place to learn the entire brokerage system.

    Cons

    Poor healthcare insurance. Full of micro managers who keeps an eye on your desktop while you work. Bearish management style creates insecurity and untrustworthy environment. Poor software management process, expect to work long hours and “I want” instructions from managers to release code changes almost every week. Not a good place if you are looking for work life balance, working from home is highly discouraged and talked about in meetings. Poor bonus policies.

    Continue reading
    BGC Partners2019-11-22
  5. "streesful, unfair and pay is less"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Systems Administrator in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at BGC Partners full-time for more than 8 years

    Pros

    There are No Pros (none)

    Cons

    Lay off or fire people without reason. No heart

    BGC Partners2019-11-11
  6. "Great internal mobility, hard to earn unless you're top tier management or a big time broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Broker in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at BGC Partners full-time for more than 3 years

    Pros

    BGC is great at providing opportunities for internal mobility and will work with you if you're looking to advance or move to a different group/area

    Cons

    Difficult to make the money you deserve unless you are top tier management or a big earning broker. For this reason there is a lot of attrition and they constantly let good talent walk out the door.

    Continue reading
    BGC Partners2019-08-07
  7. Helpful (1)

    "The best benifit is they won't fire you cause everyone quits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Tech in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at BGC Partners full-time for more than 10 years

    Pros

    You won't get fired because the turnover rate is very high. Bonus and pay are standard.

    Cons

    Bad, expensive health insurance. No 401k match. Low sick days. Work from home is discouraged. No promotions within. Corporate titles are a mess and don't make any sense. Expected to work late hours and weekends with no extra compensation.

    Continue reading
    BGC Partners2019-08-27
  8. "eat what you kill"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Broker in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at BGC Partners full-time for more than 3 years

    Pros

    Its pretty straight forward. You make a percentage of what you earn in brokerage. The job itself isnt that hard and you can definitely make a lot of money. But its tough to break in as a young kid unless you know some people at banks / funds that are trading. It can take a years to develop relationships if youre just getting into the business, and most desks dont pay non-brokers a ton of money. A lot of the older guys dont seem to want to give up costumers to younger guys so it can be tough to break through.

    Cons

    The whole payment structure when it comes to bonuses is pretty bizarre compared to the rest of the street. Benefits seem pretty average

    BGC Partners2019-04-25
  9. Helpful (4)

    "If your not a broker, your just a peon"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at BGC Partners full-time for more than 10 years

    Pros

    Annual summer event and Holiday party. Diversity.

    Cons

    No performance reviews, too many managers running their own little empires, no communication or collaboration between departments. Departments are run like crime families.

    BGC Partners2018-12-15
  10. Helpful (1)

    "eat what you kill"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Broker in New York, NY
    Approves of CEO

    I have been working at BGC Partners full-time for more than 8 years

    Pros

    ability to have job flexibility as long as you continue to produce

    Cons

    the industry as a whole is not encouraging for women, family life, maternity leave, etc

    BGC Partners2018-11-16

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