Mercuria Energy Reviews | Glassdoor

Mercuria Energy Reviews

Updated February 11, 2017
27 reviews

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Full-time Part-time

3.1
Star Star Star Star Star
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Approve of CEO
Mercuria Energy CEO Marco Dunand
Marco Dunand
5 Ratings

27 Employee Reviews

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  1. "intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Friendly environment with best platform to work and develop your skills.

    Cons

    Interns are paid less during internship


  2. "could be better"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Mercuria Energy full-time (More than 3 years)

    Pros

    great benefits and wonderful people to work with and learn from

    Cons

    management needs to pay better attention to talent and capabilities


  3. "It was fine"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good work-life balance in general.

    Cons

    No defined career plan at all.


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  5. "Great experience and learning environment."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Houston, TX
    Current Employee - Analyst in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Company has a very casual and excellent learning environment. People are experienced and energetic. It is great to work among them.

    Cons

    Yearly package may not be what you expect. Provides fewer leaves and work responsibility is high. However team working atmosphere is good so things are manageable.

    Advice to Management

    Keep pace with new technology.


  6. Helpful (4)

    "No strategy apart from enriching equity owners"

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

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

    Pros

    Free drinks and healthcare
    Good benefits
    Good physical work environment

    Cons

    Treats employees like cogs unless you are front office producer
    Lies to employees
    Will get rid of anyone in a heartbeat
    No communication

    Advice to Management

    Treat your employees better.


  7. Helpful (2)

    "Employee"

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

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

    Pros

    Casual dress every day and you will not find better insurance benefits for yourself and all dependents.

    Cons

    No raises so try to negotiate as much salary as possible up front without the expectation it will increase more in the next couple years. Do not count on a bonus either unless you are in the front office. During my time at Mercuria I saw many people laid off without a clear indication as to why, and some of those were with the company a year or less. Also, it is almost unheard of for people to move around departments so expect to spend 3 or so years in the role you initially accept.

    As for work-life balance, this really depends on which department you are in, but don't count on it. Many people work weekends and late nights. Even after working 80+ hour work weeks, and being a high contributor to your department, do not expect to be compensated for that performance in the form of a bonus.

    Advice to Management

    Retain the most talented employees and be sure they are taken care of.


  8. Helpful (2)

    "Good fit for experienced professionals"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX
    Recommends
    Positive Outlook

    I have been working at Mercuria Energy full-time

    Pros

    Pros:
    Abundance of talented, knowledgeable people
    Flat organization with easy contact to all tiers of management
    Solid benefits package
    Free food and/or drinks in office kitchens
    No dress code
    Flexible work schedule

    Mercuria employs some very high-caliber talent, which makes it a great opportunity to increase your industry knowledge and gain exposure to a wide array of segments like o&g, power, metals, etc. The hierarchy is very flat, which means that junior-level employees have the chance to interact with senior management and traders directly. Insurance/401k/etc are solid. Offices are supplied with, at the very minimum, free drinks and some offices have snacks readily available or daily lunch catering. The dress code and office atmosphere is very laid back. Flexibility in schedule and ability to implement more efficient processes yourself means you don't feel like you're being babysat by management. There are frustrating aspects to the company, but overall I am happy at Mercuria and I enjoy the freedom I have within the company to pursue business segments that interest me.

    Cons

    Lack of communication and direction in some depts
    Difficulty negotiating salary increases, small bonus
    Adequate staffing
    No formal training

    Mercuria is not a great company for someone new to the industry, as there is no formal training or mentoring. You are just left in the hands of your colleagues, who are often not adequately trained in managment. They prefer to hire more experienced people who can jump right in, rather than people who will require introductory development. The company is a mishmash of people from all over the world and other companies, so communication and defined expectations for performance are lacking. Some departments are better than others, but it's really up to individuals to decide to put for the effort to keep colleagues informed are there are not rigid, defined communication channels within the company. I have found Mercuria to be tough for salary negotiations. Bonuses and raises are either low or non-existent. Some departments run very lean and employees feel overburdened and others are overstaffed and everyone sits around bored all day - I haven't seen any action from HR or management to attempt to address this. Performance reviews seem to be just done out of habit, as no compensation changes seem to be based off of them.

    Advice to Management

    Re-evaluate the staff allocation for each department and implement a set of expectations for employees to aim for other than just "make the company money"


  9. "Quite good but their compensation packages are subpar and there are no clear lines of authority."

    Star Star Star Star Star
    Current Employee - Vice President, Sales in New York, NY
    Current Employee - Vice President, Sales in New York, NY
    Doesn't Recommend
    Positive Outlook

    I have been working at Mercuria Energy full-time (More than 5 years)

    Pros

    - Quick Promotions
    - Easy to have a positive relationship with managers
    - Managers are easy to communicate with and they are understanding

    Cons

    - Salary is below average
    - Even Vice-Presidents don't get bonuses
    - Work-life balance is average

    Advice to Management

    Try distributing bonuses to everyone in the company, it creates incentive for the employees to work harder.


  10. Helpful (6)

    "Incompetent upper management."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I have been working at Mercuria Energy full-time

    Pros

    Laid back culture in terms of dress, and can learn many different aspects of the business outside of your stated department.

    Cons

    Run by arrogant, greedy, incompetent managers, with no concept of how to operate a business without trying to cut all corners. Unless you are a productive trader, work-life balance is non-existent. If you are in the US, you will face a never ending uphill battle to get anything productive accomplished. In the back office, you will always be paid less than the market minimum, and face constant obstacles to get the job done. They will lie to you about bonuses just to hire, and will always look for a reason not to give raises, and not honor contracts.


  11. Helpful (4)

    "Smart people who may know how to trade but do not know how to manage"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I have been working at Mercuria Energy full-time (More than 3 years)

    Pros

    Benefits, work-life balance, little supervision so no one breathing down your neck.

    Cons

    No management, no communication and no recognition of hard work. Absolutely no career path or room for advancement.

    Advice to Management

    As other reviewers have stated, communicate. Get a real review system in place, with attainable ratings and peer reviews. Have a good review be reflected in salary and bonus. Have an open door policy and talk to your people. After a while it will not matter how good your trading strategies are if you have no one to execute, settle, run your IT, etc...



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