Simplex - Though it was short, it was a great learning experience | Glassdoor
There are newer employer reviews for Simplex
There are newer employer reviews for Simplex

See Most Recent

"Though it was short, it was a great learning experience"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Software Developer in Chicago, IL
Former Employee - Software Developer in Chicago, IL

Pros

Fast Paced, excellent culture, free lunch and drinks, got to learn a lot.

Cons

Small company that has just started to grow.

Other Employee Reviews for Simplex

  1. Helpful (10)

    "If you've got talent...this is NOT the place for you!"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend

    Pros

    Catered lunch and decent health benefits.

    Cons

    This company has a reputation for hire and fire. People are hired with very high expectations, placed under an extreme degree of pressure, and are then fired within months. If you are lucky enough to make it to bonus season, well, don't expect to be wowed. If you are unlucky enough to be in the crossfire when things are going wrong you WILL be screamed at (and we're talking borderline abusive). There are MANY MANY trading firms in the Chicago area. If you've got talent you should really do your homework and talk to firms other than Simplex. Not only will you be compensated better, but, you will be happier in an environment that is more respectful of it's employees.

    Advice to Management

    It's really common sense that people do not like to work under the kind of pressure that is common practice at Simplex. Treat people with respect. Pay people what their experience is worth. Stop the whole hire and fire practice!


  2. Helpful (7)

    "Horrible"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in Chicago, IL
    Former Employee - Software Developer in Chicago, IL
    Doesn't Recommend

    Pros

    Good pay, Good location, Good benefits

    Cons

    1)They apply for your H1-B only after u have worked for 3 months. Basically u have a chance of getting fired between the 3 mnths
    2) Training is hard
    3) THE Biggest
    I joined the company right after i graduated from college, campus hire and i was laid off with the rest of all the new hires in exactly 4 weeks. 4 WEEKS. No prior notice, no benefits given , NOTHING. Called us to the conference table (18 of us) and just told us in 5 min , u guys r laid off. Please leave .
     Even if u dont have another job, DO NOT JOIN

    Advice to Management

    Please do not hire so many ppl when u plan to lay them off in a month.

There are newer employer reviews for Simplex
There are newer employer reviews for Simplex

See Most Recent

Work at Simplex? Share Your Experiences

Simplex
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or