Ontario Securities Commission Reviews | Glassdoor

Ontario Securities Commission Reviews

Updated November 6, 2017
19 reviews

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2.7
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Maureen Jensen
2 Ratings

19 Employee Reviews

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  1. Helpful (1)

    "For those who lack ambition and despise a meritocracy."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Ontario Securities Commission full-time (More than 5 years)

    Pros

    - Great work/life balance. 9-5 is an overstatement.
    - Generally liberal policy with regard to vacation or working from home.

    Cons

    - Highly politicized. Nothing is measured and the Peter Principle is in full effect.
    - People are not motivated to do good work. Those who do are often ostracized.
    - Market knowledge exists in very small, sparse pockets of the organization.
    - Little-to-no career movement. Promotions often have more to do with being lucky via backfill and you're unlikely to develop any marketable skills.
    - Some of the worst management I've ever worked with. At the same time good managers are often abused and driven out by staff infighting and internecine warfare.

    Advice to Management

    - Become results-driven and reward demonstrable performance.
    - Hire lawyers and accountants when you need them as opposed to assuming you need lawyers and accountants for everything.
    - Make people accountable including HR.


  2. Helpful (2)

    "Rude and arrogant people, bureaucratic structure, no opportunities for career advancement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Ontario Securities Commission full-time (More than 5 years)

    Pros

    Good benefits, good vacation, you don't get much done (not sure if this is a pro or con, depends on the point of view)

    Cons

    It's a very stagnant organization. There is no opportunity for career advancement at all. If you want to just clock in and out, or come to have 3 children and not have issues with mat leave, that's your place. But if you want to learn, progress in your career, complete something meaningful- I would not recommend this place for you. HR are completely useless, they are always on the managers' side. Management only worries about their own bonuses, and how the organization "appears" to external people, not caring about the people who actually work here. Harassment and bullying are totally ok, it's perfectly fine for a manager to scream at an employee's face. I am extremely disappointed by this place and wouldn't recommend it to anyone.

  3. "Good work/life balance"

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

    Pros

    Great work life balance, benefits and vacation.

    Cons

    Impossible to grow and advance.


  4. Helpful (2)

    "Not a top employer."

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

    Pros

    4 weeks cavation, 5 personal days, 2 optional days off, full defined benefit pension

    Cons

    Very political, slow to react, women-centric, difficult to transition back to Bay street.


  5. "Accountant"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good work life balance; interesting work

    Cons

    Poor management; lack of growth


  6. Helpful (3)

    "Public sector lifestyle with high pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)
    Doesn't Recommend
    Positive Outlook

    I worked at Ontario Securities Commission full-time

    Pros

    - Hours (Strict 9 -5)
    - Passionate employees

    Cons

    - Little innovation
    - Little diversity in terms of staff background


  7. Helpful (5)

    "Great work experience, if you are a lawyer"

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

    I worked at Ontario Securities Commission (More than 3 years)

    Pros

    - great benefits
    - work life balance
    - great pay based when you consider work-life balance for lawyers and accountants

    Cons

    - hierarchy society, pecking order" management, lawyers, accountants then everyone else
    - morale was low, even with management and lawyers who were treated better other staff
    - no real way to move up if you are not a lawyer or accountant and preference given to CA over CMA, CGA and CFA not considered unless you have your CA/CPA already
    - management had no interest to improve policy and legislation that govern organization making it hard to improve on work
    - when audits did occur, management would only find fault with lower staff i.e. people who are not CA/CPA or lawyers instead of accepting that management and lawyers and accountants are partly to blame for execution of tasks
    - many people did not have real world experience in the work they were responsible for, and did not care to improve skills to know how to serve the sector better, this also caused management to invent projects and policies that did not improve the quality of the sector for the public and created unnecessary work for staff at the organization, especially when project ceased operations without notifying all staff involved that the project or work on the policy had ended

    Advice to Management

    As managers move on to other roles, replace them from leaders from the private sector who have the experience to manage people as well as understand the industry to create policy that better serve the public while minimizing unintended consequences from new policy enforced in the sector

  8. "Human resources assistant"

    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

    Great culture, good team environment.

    Cons

    Contract work, not a lot of opportunities for advancement.

    Advice to Management

    Continue as is, I really enjoyed working for the OSC and was very sad to go.


  9. "Good place to work"

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

    I have been working at Ontario Securities Commission full-time

    Pros

    Good salary and work-life balance

    Cons

    Organization favours accountants and lawyers.


  10. Helpful (8)

    "Autocratic Organization"

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

    I have been working at Ontario Securities Commission full-time (More than 3 years)

    Pros

    Excellent benefits. Good work/life balance. Ability to work from home (if approved by Manager) on occasion. Very good EAP that provides support and information to all employees (including hour-long seminars on a variety of topics pertinent to everyone).

    Cons

    People managers do not provide much feedback and certainly no guidance or 'career building' opportunities are given. Favouritism continues to be problematic. Employee survey results were misleading and not clearly communicated. Certainly, transparency in the roll-out of information was an issue. And, given it was the first survey in three years, it should have been disseminated in a better fashion. Communication overall continues to be a problem (people are promoted to roles and nothing is said as it wasn't posted through the proper channels - Though, Management has people already in mind for some of the jobs so there isn't much point in applying). Senior Management is very tight with HR so there is no one you can really talk to. There is also a shocking lack of securities knowledge (by staff who have been there for decades) for an organization that is supposed to be an Industry Regulator.

    Advice to Management

    Try to work on morale of staff. Social events don't fix ingrained issues. Fully use the results of the Employee Survey to actually improve the work environment. Have meetings without HR and Management present to really discuss issues employees have. No one is going to speak up otherwise.


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