Newedge Reviews | Glassdoor

Newedge Reviews

Updated November 15, 2016
155 reviews

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2.4
Star Star Star Star Star
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Newedge Group CEO David Escoffier
David Escoffier
17 Ratings

155 Employee Reviews

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Pros
Cons
  • No room for growth or promotion unless you're already in upper management (in 12 reviews)

  • Performance not been great, doubts over Eurozone (it is owned by Soc Gen and Credit Agricole) can cause concerns among some clients (in 4 reviews)

More Pros and Cons

  1. "Good company"

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

    Pros

    Very fair environment. Treat brokers with respect. Commission payouts are good and they have a good balance sheet.

    Cons

    There is no vision for the business. Many mixed messages about what they want to be. Business has been folded back into the parent company, soc gen.

    Advice to Management

    Come up with a clear vision. Decide what you want to be and move forward.


  2. "Executive Assistant to CEO"

    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

    Great group of people to work with. CEO was a pleasure to work with.

    Cons

    Management was not that great. Huge desk turn over - not a stable environment - eventually bought by Soc Gen.

    Advice to Management

    Understand your employees' values and nurture it.


  3. "Operations"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Newedge full-time

    Pros

    It was a professional work environment with some talented staff members. Generally treated with respect on a consistent basis.

    Cons

    The opportunities for growth were fairly limited. The company was not run in a very efficient manner, with some lazy individuals.

    Advice to Management

    Provide a clearer picture to employees of advancement opportunities exist within the organization, and what they can do to achieve them.


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  5. "Ok place to work"

    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

    Pros

    It is a very transparent place. You know what you are getting into. Savvy people around you. Socgen integration iffy. Except prime services, where good.

    Cons

    Eat what you kill environment. Uncertain if there is career growth. Challenging business model


  6. "IT Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    Great place for entrepreneur spirit. A much broader experience than a person would achieve at a top 10 bank. Worked with cutting edge technologies with a culture willing to embrace calculated risk.

    Cons

    The French tend to get preferential treatment and like to complain. Culturally heavy on approvals and presentations to gain the approvals. It lacked vision of what to become after FCM model failed.


  7. "It was a different time"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Newedge full-time

    Pros

    Good work-life balance; support from Management;

    Cons

    Pay was not too competitive


  8. "compliance officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Compliance Officer in Chicago, IL
    Current Employee - Compliance Officer in Chicago, IL
    Recommends
    Positive Outlook

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

    Pros

    great work environment and people

    Cons

    poor compensation and poor opportunity for advancement


  9. "Director"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

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

    Pros

    From 2006 to 2009 there was very good collaboration among development managers in spite of their manager.

    Cons

    To the detriment of the organization, people in positions of corporate leadership did not listen to their direct reports for constructive innovation.

    Advice to Management

    True capitalism (i.e. exchanging value for value) will build the organization faster and will produce a stronger company than blind allegiance to socialism.


  10. Helpful (1)

    "Not fun"

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

    Pros

    Not many. Learned quite a bit early on the job but as time passed, task monotony took its toll.

    Cons

    Various challenges; the culture was negative - most employees did not enjoy working there.


  11. "Fish Market"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    There are no pros worth mentioning.

    Cons

    Horrible work environment -- outdated equipment and software. Noisy atmosphere.



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