Not impressed... at best - Anonymous employee Quantlab Employee Review

2.0
May 17, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Disclaimer: this review reflects my personal experience and views on the company. - A few reasonably smart and knowledgeable people from whom a more junior person can learn - Good perks in general, even if it is related to 'secondary stuff' (I personally would have prefered a better salary rather than free tickets to events no one cares about) - however I don't feel it is anything you could not get elsewhere

Cons

- Intellectual property not great, personally I don't feel they are up-to-par with their competitors; I would go as far as to say that some of the IP is even based on severe misconceptions of both technology and statistics - No opportunity for upward movement whatsoever, and a lot of management is really average (to say the least) compared to the rest of their team, and that makes the internal dynamics weird - Higher management is literally paranoid regarding the said 'IP' and that makes it very hard to move to another company. That's extremely dangerous for any future career opportunity and I would warn people looking forward to a growing career to think twice before signing up with them - Some 'managers' are overly self-confident (even somewhat obnoxious?), and therefore don't really seem to worry about the competition. I found that to be very scary at times. The pool of talent is limited and not 'renewed' - You won't get opportunities to work on interesting projects if you're not 'in' the in crowd - and it is unfortunately not clear how to get 'in' Overall, not really bad, but in my personal case, I have to say that working here was the worst move of my career. Definitely not a 'tech' company as they claim it...

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Quantlab Response
10y
Thank you for taking the time to write this thoughtful and blunt review. I take your feedback seriously and want to address the areas we fell short in providing you a great employee experience with us. I am very open to discussing this with you and would value some feedback on our managers so that we can provide the appropriate coaching or correction that may be needed. I would also like to discuss any of your other specific concerns. As a co-founder of the firm it is extremely important to me, as well as to the leadership team, that we openly talk about our challenges and deal with them head on. Please contact Katie in HR/Recruiting at kconn@quantlab.com, and she will gladly coordinate a time for us to talk. If you don’t feel comfortable doing so, you can submit something anonymously to Katie via email. We aren’t perfect, but we want to continue to improve, and that starts with the willingness to openly discuss any shortcomings. Thanks again for your feedback and best of luck in your future endeavors. Bruce Eames CEO Quantlab Financial LLC

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