PEAK6 Investments - Unique, challenging place to work - for good and for bad | Glassdoor
There are newer employer reviews for PEAK6 Investments
There are newer employer reviews for PEAK6 Investments

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"Unique, challenging place to work - for good and for bad"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Manager In Technology in Chicago, IL
Former Employee - Manager In Technology in Chicago, IL
Recommends
Positive Outlook
Approves of CEO

I worked at PEAK6 Investments full-time (More than 3 years)

Pros

--Very little bureaucratic overhead and process to cut through
--Tons of very smart people
--Fun social culture, events
--Company is very agile, quick on its feet, goes after opportunities quickly
--Office space is very cool
--That rare company that actually IS entrepeneurial, not just SAYING it
--CEO and COO are both very savvy
--If you can excel and find a way to stand out, opportunities abound

Cons

--Lack of process can also have a bad side - no documentation, inefficient manual solutions, lack of project direction, and working unnecessarily long hours to make up for it
--It is obvious they didn't really look closely at the personnel direction they were taking when they got bigger, and they ended up having to lay people off as a result
--Severe lack of understanding for what management skills are - many of the managers (below partner level) are just awful, or at least weak, at managing staff. Some partners as well. Management is a skill, and not necessarily in parallel with technical or trading skills

Advice to Management

--Start thinking longer term not just in your direction of business ideas, but in your processes and management staff

Other Employee Reviews for PEAK6 Investments

  1. Helpful (5)

    "Used to be amazing"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager - Not Telling in Chicago, IL
    Former Employee - Manager - Not Telling in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at PEAK6 Investments full-time (More than 3 years)

    Pros

    Pre 2009 was best place I've ever been a part of. Culture used to be amazingly awesome. Smart people, Learning org, testing of ideas, entrepreneurship.... Etc

    Cons

    Treating people like a worthless trade Short sighted. Brokerage is really just a way to offset trading gains for taxes. People leave or fall victim to annual February firings.

    Advice to Management

    I miss the old P6. Microsoft alumni ruined the company and everyone knows it. Hockey teams, Marbles the brain store, etc - good money after bad. Always wondered if Sr. Partners we're paying attention. DO NOT forget the original culture - that was key to success and it was awesome.


  2. "a good place to work - great opportunities"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trader in Chicago, IL
    Current Employee - Trader in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PEAK6 Investments full-time (More than 3 years)

    Pros

    great technology, great opportunity, your success is up to you and your discipline

    Cons

    they do require the hours, but the chance to succeed is there

There are newer employer reviews for PEAK6 Investments
There are newer employer reviews for PEAK6 Investments

See Most Recent

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