Glitnir Reviews | Glassdoor

Glitnir Reviews

Updated July 19, 2017
9 reviews

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4.0
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Recommend to a friend
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Birna Einarsdóttir
4 Ratings

Employee Reviews

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  1. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Digital Marketing Specialist in Reykjavík (Iceland)
    Former Employee - Digital Marketing Specialist in Reykjavík (Iceland)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Glitnir full-time (More than a year)

    Pros

    Islandsbanki always takes care of their employees. The bosses push you towards excellence but are always fair and supportive.

    Cons

    The medium age of people that work there is high. Which means that it can be quite difficult to come in as a young professional.


  2. "Islandsbanki"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Glitnir (More than 3 years)

    Pros

    Great employer overall. Very friendly atmosphere and a great sense of community. Good remuneration and benefits, particularly in HQ.

    Cons

    Outdated systems, but they are largely being replaced. Moreover, other FIs are hardly any better in that regard. Legacy systems are such a big problem in the sector.
    Hard to develop internally unless you work in HQ.

    Advice to Management

    Bring systems up to date and keep services personal. Make sure client-facing staff are on board with changes. Sometimes changes seem to be rushed through without being given any thought.

  3. "Good spirit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Glitnir part-time

    Pros

    Great spirit and a lot of fun

    Cons

    No cons really to speak of


  4. "Great place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Architect in Reykjavík (Iceland)
    Current Employee - Software Architect in Reykjavík (Iceland)
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Glitnir full-time (Less than a year)

    Pros

    Great opportunities for career advancements
    Wonderful people that work there
    Very relaxed environment

    Cons

    Getting things done takes a long time because of bureaucracy


  5. "Great workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Consultant in Reykjavík (Iceland)
    Current Employee - Customer Service Consultant in Reykjavík (Iceland)
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    My division at the bank had a great atmosphere, controlled and created by my very competent seniors. The cafeteria was top class as well.

    Cons

    The Icelandic financial environment has had it´s fair share of criticism and there seems to be a lot of anger in the society held towards the banks. As being in a front line position, I would often had to face these people and did as such sometimes not feel like my pay check was compensation enough for my work.


  6. "Ok and is hopefully better today."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good work hours and my coworkers were great.

    Cons

    The salary was very low for people who worked "on the floor". Little change of being transfered between departments.


  7. "Nice employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Financial Advisor in Reykjavík (Iceland)
    Former Contractor - Financial Advisor in Reykjavík (Iceland)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Glitnir as a contractor (Less than a year)

    Pros

    There is a free hot meal available at lunch which is a real perk. The general athmosphere at the workplace was quite friendly.

    Cons

    Somewhat rigid company culture but depended on whom you worked for there. Got an extremely low salary due to recession but heard that was just due to poor talent management of my department. Left due to low salary

    Advice to Management

    Check your employee's credentials before being too rigid with compensation

  8. "Too many self centered schmucks"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Glitnir full-time (More than a year)

    Pros

    Decent work hours and condition

    Cons

    No chance for advances in career

    Advice to Management

    Stop focusing on robbing the bank from inside (applies to previous management in the 2004 - 2008 era),


  9. "glitnir-the place to be"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trader in Stockholm, Stockholm (Sweden)
    Current Employee - Trader in Stockholm, Stockholm (Sweden)
    Recommends
    Approves of CEO

    Pros

    2006, the Glitnir Group bought Fischer Partners Fondkommission, which officially became Glitnir AB on the 12th January 2007. In 2008 HQ AB aquired 100 procent av of Glitnir AB and the name changed to HQ Direct AB.

    The company had been in operation since 1984 when it was founded by Tomas Fischer. Tomas Fischer was one of Sweden’s pioneers in the field of active share trading. He was one of the first people to voice dissatisfaction with the system of passively receiving orders. Instead, he actively took the initiative to introduce a different way of doing business. As a result, he made a considerable contribution to modernizing Swedish share trading.

    HQ Direct was amongst the very first companies to start working with electronic trading. The first systems were already in place as early as 1997 and our specific commitment to electronic trading continues to this day.

    In 2007, HQ Direct bought Tamm & Partners, in doing so significantly expanding the Group’s resources in the area of Corporate Finance.

    In 2007, Private Banking operations were also launched in Stockholm, which today embodies three persons.

    Cons

    inefficiency, bureaucracy 2006, the Glitnir Group bought Fischer Partners Fondkommission, which officially became Glitnir AB on the 12th January 2007. In 2008 HQ AB aquired 100 procent av of Glitnir AB and the name changed to HQ Direct AB.

    The company had been in operation since 1984 when it was founded by Tomas Fischer. Tomas Fischer was one of Sweden’s pioneers in the field of active share trading. He was one of the first people to voice dissatisfaction with the system of passively receiving orders. Instead, he actively took the initiative to introduce a different way of doing business. As a result, he made a considerable contribution to modernizing Swedish share trading.

    HQ Direct was amongst the very first companies to start working with electronic trading. The first systems were already in place as early as 1997 and our specific commitment to electronic trading continues to this day.

    In 2007, HQ Direct bought Tamm & Partners, in doing so significantly expanding the Group’s resources in the area of Corporate Finance.

    In 2007, Private Banking operations were also launched in Stockholm, which today embodies three persons.

    Advice to Management

    better at motivating 2006, the Glitnir Group bought Fischer Partners Fondkommission, which officially became Glitnir AB on the 12th January 2007. In 2008 HQ AB aquired 100 procent av of Glitnir AB and the name changed to HQ Direct AB.

    The company had been in operation since 1984 when it was founded by Tomas Fischer. Tomas Fischer was one of Sweden’s pioneers in the field of active share trading. He was one of the first people to voice dissatisfaction with the system of passively receiving orders. Instead, he actively took the initiative to introduce a different way of doing business. As a result, he made a considerable contribution to modernizing Swedish share trading.

    HQ Direct was amongst the very first companies to start working with electronic trading. The first systems were already in place as early as 1997 and our specific commitment to electronic trading continues to this day.

    In 2007, HQ Direct bought Tamm & Partners, in doing so significantly expanding the Group’s resources in the area of Corporate Finance.

    In 2007, Private Banking operations were also launched in Stockholm, which today embodies three persons.