Interactive Brokers "working environment" Reviews | Glassdoor

Interactive Brokers Employee Reviews about "working environment"

Updated 2 Oct 2019

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3.3
StarStarStarStarStar
Rating TrendsRating Trends
57%
Recommend to a Friend
70%
Approve of CEO
Interactive Brokers CEO Thomas Peterffy
Thomas Peterffy
101 Ratings
Pros
  • "free lunch is provided by the firm(in 50 reviews)

  • "Working with the latest software technologies, free lunch, great benefits, flexible hours, nice working environment(in 10 reviews)

Cons
  • "Limited vacation time with no work/life balance, new-hires would receive 10 days vacation, 6 days sick time, and 3 days bereavement(in 6 reviews)

  • "low-paid, no career development perspective(in 5 reviews)

More Pros and Cons

Reviews about "working environment"

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  1. Helpful (2)

    "Client Service"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Client Services in Greenwich, CT
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Interactive Brokers full-time for more than a year

    Pros

    Great work environment. Supervisors and managers who work with and not against. Free lunch. Solid benefits package.

    Cons

    Pay could be better. Vesting schedule as well.

    Advice to Management

    Better hardware please.

    Interactive Brokers2017-07-20
  2. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Developer in Greenwich, CT
    Recommends
    Positive Outlook

    I have been working at Interactive Brokers full-time for more than a year

    Pros

    Working with the latest software technologies, free lunch, great benefits, flexible hours, nice working environment.

    Cons

    Nothing to complain about so far

    Advice to Management

    Consider employees' suggestions for any improvement. Otherwise, keep up the good work!

    Interactive Brokers2017-06-28
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  4. Helpful (5)

    "Tremendous Opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Interactive Brokers

    Pros

    Great Work/Life Balance Strong Communication within Working Departments Good Work Environment Generous Managers & Colleagues Tremendous Teamwork

    Cons

    Nothing much to note as a Con at Interactive Brokers. They encourage growth and advancement. It is a refreshing break from the normal.

    Advice to Management

    Further, there is nothing I'd recommend except for continuing to inhibit the same values & continuing to work towards improving the already strong work environment.

    Interactive Brokers2016-08-04
  5. Helpful (1)

    "My Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Database Administrator in Greenwich, CT
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Interactive Brokers full-time

    Pros

    Supportive working environment Great Place to learn and grow Knowledgeable management Knowledgeable staff Free Health Care Free parking Grest location FREE LUNCH

    Cons

    Greenwich is Very Cold Very Competitive hiring process Interview process was very long Not a whole lot of negatives, its a decent place

    Advice to Management

    Higher limit on lunch. Dental Care More colrfull decorations would be nice

    Interactive Brokers2016-01-06
  6. Helpful (1)

    "Great experience"

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

    I worked at Interactive Brokers full-time

    Pros

    Strong emphasis placed on operational precision, risk management, and process automation. Work environment enables a comprehensive understanding in brokerage operations while continuously offers developmental objectives. Above average compensation & benefits. Strong management & leadership.

    Cons

    Lack of programming resources causes projects to remain stagnant for significant periods. Certain protocols & internal procedures were outdated or too heavily controlled by upper management, rendering tasks inefficient. Client services performance was typically weak and should be improved upon.

    Advice to Management

    Certain areas in backoffice & client services require more attention on training & performance accountability.

    Interactive Brokers2015-12-02
  7. Helpful (8)

    "> 10 years of positive experiences"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager in Greenwich, CT
    Recommends
    Approves of CEO

    I have been working at Interactive Brokers full-time for more than 10 years

    Pros

    The company is run by a highly intelligent and capable management team who has built the company from scratch. There is something to be said for a company where the average tenure of the executive team is > 25 years, and the next tranche of managers' tenure is > 10-15+ years. Working at IB may not be for everyone, but for someone who wants to learn a lot, be exposed to a number of various groups / processes,... and become an "owner" of a series of functions/responsibilities will do well here. People who want to show up, work 9-5, collect a pay check and go home may not find this work environment suitable. Managers demand a lot from employees given the lean structure. People who are intellectually curious, want increasing responsibility, will treat the company as if it's their own will typically flourish. The compensation structure is geared towards longevity. It is not meant for fly-by-night two year, get rich and get out career layovers. With the amount of internally developed software and unique processes cultivated over the approx. 40 year history, training new people takes time, and it does take time to have people running on all pistons. That does not mean people can not immediately add value. The company is growing in all directions, including head count, but it is still run as a small business. Management, having the benefit of multiple decades of experience, are able to meet and make quick decisions to continue the process of moving the business forward. The overall comp and benefit structure is great. Free lunch from area restaurants is a nice perk. In summary, it's a place where the right people have made amazing careers and it's a place where I believe people can continue to make amazing careers.

    Show More

    Cons

    The days can be long, but in the long term this is more a function of a growing business than inefficient processes, most of which are highly automated.

    Interactive Brokers2015-09-01
  8. "the best brokers i ever worked with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Market Trader in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Interactive Brokers part-time for more than a year

    Pros

    Very good working environment and career opportunity

    Cons

    too many strick rules this company should be more flexible

    Interactive Brokers2012-08-23
  9. "Very professional work culture."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - C S R 
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Interactive Brokers full-time for less than a year

    Pros

    Nice working environment, Cooperative manages

    Cons

    Till now couldn't find any

    Interactive Brokers2019-06-13
  10. "Global Client Services"

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

    I have been working at Interactive Brokers full-time

    Pros

    Good Work Life Balance Great working Environment Lots of new Things to Learn

    Cons

    Shifts for covering global markets Only Travel Allowance and No Transport for Male

    Advice to Management

    Maintain the good work culture

    Interactive Brokers2019-06-12
  11. Helpful (1)

    "Work Environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Interactive Brokers full-time

    Pros

    Pretty good work environment to work in a corporate

    Cons

    work load is too much at some time while you are learning

    Advice to Management

    Keep special attention to your employees

    Interactive Brokers2018-08-11
Found 171 reviews