I wasted 3 years of my life... - Algorithmic Trading Developer itarle Employee Review

1.0
Mar 12, 2024
Recommend
CEO approval
Business Outlook

Pros

Free Water and Functional Toilets

Cons

Toxic Management, No Work-Life Balance, High Turnover, Minimal Training, Stagnant Pay Progression, Salary Below Industry Standard.

avatar
itarle Response
2y
We have checked the current payroll records in London and we do not have an employee with this current title and duration at Itarle. Nevertheless, we respond as follows: If you have been at Itarle for three years you will know that this is simply not the case. For example you will have witnessed - Annual pay rises in excess of UK RPI. - Annual bonus. - Company lunches and nights out. - Extended paid travel working experiences (typically between London and Hong Kong). - Postgraduate study offers. - Sponsorship of an employee professional racing driver for two seasons (with a team day at Brands Hatch). - Skilled worker visa sponsorship offers in UK, Hong Kong and USA. - Itarle sponsorship prizes for best University students (MPhil / PhD). Regarding the word 'Toxic', this is a much overused word. Just because you disagree with something, or a decision, does not mean the other view is automatically toxic.

Explore other reviews about itarle

1.0
Dec 9, 2024
Recommend
CEO approval
Business Outlook

Pros

The company is severely understaffed (you’ll even be instructed to avoid mentioning total headcount to clients). It’s a great opportunity to fight for your life trying to save a sinking ship—with absolutely no upside.

Cons

- All 5 star reviews on glassdoor were submitted by current employees following a request made by the CEO over email after finding out it is not possible to have the genuine reviews removed. - Dozens of employees have been laid off for no valid reason and in a nasty way. I strongly recommend reaching out to ANY past employee before accepting an offer or even applying. Turnover was over 100% in a single year. Expect empty threats from incompetent lawyers when leaving. - Toxic environment created by management. The passive aggressive tone of the review responses on glassdoor should give you a nice taster. - The “free Friday lunches” that keep getting mentioned appear to be Itarle’s main selling point. These were cancelled company wide after a software bug from the 20 year old code base caused a large loss. - A junior employee was let go for taking 2 sick days. - 0 vision for the company, 0 investment and frequent nonsensical strategic decisions. - This list could go on forever.

14
1.0
Mar 29, 2025
Recommend
CEO approval
Business Outlook

Pros

You will gain insight into an interesting industry. CEO aside, the staff are good people. You may be given a lot of responsibility very early on (but no support)

Cons

If you value your self worth, this is not the place for you. The funding of a start up, that treats its staff like the nameless employees of a huge firm. It lacks the small team ethos, and the big firm perks. The worst of both worlds. Hard work, effort, and committing extra hours will not be recognised nor rewarded. No benefits or rewards. No job security, anyone can be fired at the CEO’s whim, and usually on bad terms. No clear work / life boundaries, you will be expected to be available at all hours, any day of the week. Don’t expect to be provided with any real training. You will be bouncing from one crisis to the next, so don’t expect to have an honest conversation with the clients as you will always be keeping up the pretence that things are running smoothly. You’ll also be expected to present the firm as a large organisation, not the long running, low headcount start up that it is. Any requests for personal days for family bereavements or sickness etc will be viewed as a mark against you. Management is a one man operation, who will change direction at the drop of a hat. Use this as a stepping stone into the industry but only if you have to.

10
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