GFI Group Reviews | Glassdoor

GFI Group Reviews

Updated March 27, 2017
51 reviews

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Full-time Part-time

3.1
Star Star Star Star Star
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GFI Group CEO Colin Heffron
Colin Heffron
10 Ratings

51 Employee Reviews

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Pros
  • The People & Work Environment are great (in 11 reviews)

  • GFI Group had a culture of inclusion, innovation, and growth, that centered around a "fun" work environment, good people, and good management (in 5 reviews)

Cons
  • flat structure, no pay rise, lower than market rate pay (in 2 reviews)

  • company has a laid back culture and no career for young people (in 2 reviews)

More Pros and Cons

  1. "Institutional equities trader"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Trader in New York, NY
    Former Employee - Sales Trader in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great place to work, if you make money/ hit your monthly number, no one bothers you, essentially your own boss

    Cons

    Make sure you hit your monthly number or else your out- probably could go under the radar for a few months- but pointless if you have no $ coming in

    Advice to Management

    All good


  2. "Broker Trainee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Broker Trainee in New York, NY
    Current Employee - Broker Trainee in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at GFI Group full-time (More than a year)

    Pros

    Great hours, implementing new technology

    Cons

    Little room for growth, disorganized

    Advice to Management

    More structure


  3. "jr broker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    great people, good hours, great first job

    Cons

    tough business, regulation and technology make it hard for new brokers to get there feet wet

    Advice to Management

    company is run with class couldnt of asked for a better experience.


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  5. "Great place to learn but no career growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in New York, NY
    Former Employee - Intern in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great work hours, 9 to 5 every day

    Cons

    Very little employee diversity, most employees are middle aged men

    Advice to Management

    Invest more on your people and career growth/opportunities


  6. "GFI was an exciting place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager in New York, NY
    Former Employee - Senior Manager in New York, NY

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

    Pros

    GFI Group had a culture of inclusion, innovation, and growth, that centered around a "fun" work environment, good people, and good management. I really enjoyed everyone I worked with there. I was brought in by a former boss, and quickly engaged. I found the environment to be one that rewarded hard work and commitment, as well as a culture of enjoying work every day. In addition, it was a dynamic place navigating the financial crisis, that took risks, and incorporated several other dynamic companies as acquisitions. In general, GFI was a place that supported innovation, rewarded employees, and genuinely appreciated their staff. Now, GFI is part of BGC Partners, and I am not familiar with the culture there.

    Cons

    I was there during a difficult period following the 2008 financial crisis. As a result, compensation was impacted, that said, overall it was a great experience, they supported me, developed me, and I am thankful I had the opportunity to work there.


  7. "Do not even think about it or forget about it"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    None. It was my worst mistake in my career. However the salary was OK

    Cons

    Old Technology, Management, long hours. Made you do 2 or more jobs instead hiring more employees.


  8. "back office/risk/compliance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at GFI Group full-time

    Pros

    salary was competitive and my immediate supervisor was amazing in addition to a great working environment on the trading floor

    Cons

    the benefits were not cheap and when I was there the company was taken over. The biggest problem was the Executives and board members tried to undercut the shareholders and then when it backfired tried to make it all seem wonderful while leaving everyone in the firm in utter confusion. I didn't trust the upper management anymore so I along with 100s of others chose to leave before it got even worse

    Advice to Management

    doesn't matter they were taken over and lost control but with a big payday.. please stay away from firms with actual employees go somewhere and count your money...alone


  9. "Was a great company, been getting worse"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in New York, NY
    Current Employee - Software Developer in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at GFI Group full-time (More than 3 years)

    Pros

    Relaxed fun environment, reasonable flexibility and freedom with technologies that can be used in projects, few late nights, relaxed dress code

    Cons

    Bad health benefits, no 401k match, after acquisition by BGC all IT was moved to a new location that isn't as nice as the previous one, feels crammed, no kitchen. Constant rumors of layoffs after the acquisition which causes stress

    Advice to Management

    To new BGC management: don't be cheap about simple amenities. It has a huge effect on morale. Old, used up desks in the new office are ridiculous; designate a kitchen area with basic things like a fridge, microwave, a decent coffee machine. See GFI office for examples of how its done.


  10. "Not bad but should not stay for too long"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in New York, NY
    Current Employee - Business Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good team - quite a few talented folks. Reasonable work hours and load.

    Cons

    Bad benefits. No 401 K match or pension or whatsoever. Health insurance is getting worse every year.

    Advice to Management

    Allow flexible work schedule, such as work from home and flexible work hours


  11. "Overall enjoyable experience."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT in New York, NY
    Current Employee - IT in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at GFI Group full-time (More than 8 years)

    Pros

    good people and teamwork; significant accomplishments.

    Cons

    flawed decision-making & extremely poor communication by upper management.

    Advice to Management

    Stop taking your people for granted and 'brokering' them.


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