Point72 Support Reviews | Glassdoor

Point72 Support Reviews

Updated Jul 26, 2019

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Point72 Chairman, Chief Executive Officer, and President Steven A. Cohen (no image)
Steven A. Cohen
1 Rating
  1. Helpful (12)

    "Poor place to do any technical work (quant/development/data science)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Support 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Point72 full-time for more than a year

    Pros

    - Decent brand name - Ability to learn a lot

    Cons

    - Highly political in terms of growth - Pay is on the lower end for industry standard - Little career development opportunities to move into any kind of market-facing role / take responsibility in investment decisions when working on a silo team doing tech work - Culture of research analysts being in charge even on the same investment team as other data scientists / software engineers

    Advice to Management

    Be more collaborative within the silo teams, share profit between research analyst and tech / data science support better. Don't treat everyone that isn't a PM / analyst as replaceable.

    Point722019-07-26
  2. Helpful (11)

    "Run for the Hills"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Support in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Point72 full-time for more than 5 years

    Pros

    You will gain a lot of experience in a fast paced environment. Health insurance is covered by the firm. You will learn (if you are thick skinned) how to handle challenging personalities

    Cons

    Office politics completely run the show. Unfortunately your performance is evaluated more on face time and who you know rather than actual performance and results. From the very top down ego, unprofessionalism, and prejudgice are apparent. I have seen more than one *higher up* physically throw things across a room. More and more people have left/are leaving after spending many years there, while newer hires aren't sticking around longer than a year or two. Make a mistake? You will have someone actually scream at you in an open seating location rather than a private discussion. Do great work for several years? You'll receive a minimal raise (if any) and watch them hire a junior colleague at a higher salary than your current. Aside from the dysfunctional leadership, basic processes are falling apart and becoming less main streamed. Zero communication between teams. Cutthroat within your own team. Point72 has become chaos.

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    Advice to Management

    Stop letting the HR team sweep personnel complaints under the rug. Fix your issues instead of covering them up or ignoring them. Stop preaching about what a great firm culture you have and start living it.

    Point722019-07-21
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  4. Helpful (22)

    "Trade Floor Support"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Trade Floor Support in Stamford, CT
    Doesn't Recommend
    Negative Outlook

    I worked at Point72 for more than 3 years

    Pros

    There unfortunately were none. The technology is cobbled together, convoluted, and working with any of the higher end employees is strictly controlled by senior IT staff. Hours are brutal as well.

    Cons

    The senior support guys circle the wagons around the top talent, it gets them a lot of perks <wink> <wink> Very often to the betterment of their personal wealth, both officially and unofficially. Employees are let go time and time again, for speaking up about this and other deficient management practices with no fear of HR interference. HR rubber stamps moves and staff releases because the top players call the shots. Cronyism at its finest.

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    Advice to Management

    All attempts to discuss with HR are ignored, an independent review of the IT staff would be a great idea. Many good people have come and been forced to go over the years simply because they tried to do the right thing. A lot of great talent has been lost, due to IT managers protecting their monetary perks.

    Point722016-09-01
Found 3 reviews