BGC Partners Reviews
Updated Feb 25, 2020
Recommend to a Friend
Approve of CEO
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)
"Junior Broker"
StarStarStarStarStarI 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"Good Co Workers, but no direction"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI 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 readingBGC Partners2020-01-21"review"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI 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- Helpful (2)
"Leadership with a short vision"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNeutral OutlookDisapproves of CEOI 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 readingBGC Partners2019-11-22 "streesful, unfair and pay is less"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI 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"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
Doesn't RecommendNegative OutlookNo opinion of CEOI 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 readingBGC Partners2019-08-07- 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
Doesn't RecommendNeutral OutlookDisapproves of CEOI 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 readingBGC Partners2019-08-27 "eat what you kill"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNeutral OutlookNo opinion of CEOI 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- Helpful (4)
"If your not a broker, your just a peon"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNeutral OutlookDisapproves of CEOI 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 - Helpful (1)
"eat what you kill"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Approves of CEOI 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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