OANDA - Awesome job out of college, but not more | Glassdoor
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Helpful (5)

"Awesome job out of college, but not more"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Software Engineer in Toronto, ON (Canada)
Former Employee - Software Engineer in Toronto, ON (Canada)
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at OANDA full-time (More than 3 years)

Pros

Depending which team you join, you'll learn a lot. Culture under Michael Stumm used to be awesome. But I hear it is changing now.

Cons

Unless you do something really extraordinary, like have a smoke break with management, there is really no way to grow. Many people feel unappreciated despite putting long hours to execute the company vision. Thus getting recognition and raise is almost impossible.

Advice to Management

In technology business, your staff is your biggest asset. There are a lot of smart people in OANDA don't treat them like they are stupid.

Other Employee Reviews for OANDA

  1. Helpful (3)

    "A good company gone bad"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in Toronto, ON (Canada)
    Former Employee - Software Engineer in Toronto, ON (Canada)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at OANDA full-time

    Pros

    Good environment and friendly people. If there is one team that I would recommend joining, it would be the mobile team. It's awesome participating in hackathons and other social events. Free lunches twice a week.

    Cons

    There are more managers, Directors and VPs on a project than actual developers who can do the work. I hear the company went from a very flat structure to another extreme. I also can't say people are passionate about their work. It seems many are there to do their day-to-day job without putting in any extra effort. Good luck dealing with HR, it's all about pleasing the agencies. I see lots of pain and transformation for this company if it has any chance of succeeding.

    Advice to Management

    The targets for the year are unreal and everyone knows that. Sr. Management has not explained how is it even possible to achieve them for two years in a row. Get some good recruiters and stop using agencies and contractors. There is no culture of transparency at all.


  2. Helpful (7)

    "i will tell you what is actually happening here"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at OANDA full-time

    Pros

    rock-solid technical infrastructure, well-oiled money making machine 24/7, the money machine is so well tuned that it's almost impossible to break it

    Cons

    new incompetent senior management team, i.e. K Duker and the suckups, who don't actually know anything about the business. glad they are finally being fired by the board. hopefully the new CEO can patch the wounds. yet to be seen.

    Advice to Management

    It took 10+ years of financial research and hard core software development to get the machinery to be where it is now. Even the incredibly incompetent K Duker was unable to destroy it. But he did manage to drive away, with his relentless BS, a lot of core employees who made the place what it is today.

    So, new CEO, don't pretend to know what you don't know like K did, and listen to your employees, because some of them know way more about FX marketmaking business than you do.

There are newer employer reviews for OANDA
There are newer employer reviews for OANDA

See Most Recent

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