Susquehanna International Group Reviews | Glassdoor

Susquehanna International Group Reviews

Updated September 24, 2017
307 reviews

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3.8
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Susquehanna International Group Managing Director Jeff Yass
Jeff Yass
221 Ratings

307 Employee Reviews

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Pros
Cons
  • very long hours, lack of training (in 34 reviews)

  • Not great work/life balance - could be working 10/11 hours with no breaks (in 8 reviews)

More Pros and Cons

  1. Helpful (9)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Bala Cynwyd, PA
    Current Employee - Anonymous Employee in Bala Cynwyd, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Susquehanna International Group full-time (More than 3 years)

    Pros

    Great co-workers

    Free catered lunch and breakfast

    Free on-site gym

    Lots of free or discounted services such as on-site nurse, dry cleaning, car repair and detailing, haircuts

    Company sponsored events at Phillies games and family friendly locations

    The managers of my department have consistently treated me with respect and make me feel valued

    Cons

    minimum 45 hour work weeks
    no official lunch breaks - lunches are working lunches
    bathrooms can get crowded, but they are working to improve that

    Advice to Management

    This is more like advice to present and potential employees of SIG. Any company of significant size is like a group of neighborhoods. A person's experience at a company can be vastly different from department to department, depending on their duties and who their supervisors are. I have no idea what it's like to be a trader there or to work in IT. But my department has the best managers of any company I've ever worked for, and nearly everyone I've had personal dealings with in other departments has been helpful, courteous, and professional. Is it perfect? No, no place is, but I've seen what it's like at other places (based on over 20 years in the workforce) and this is BY FAR the best work environment I've ever been a part of. If you work hard, you will be rewarded.


  2. "Great place to work"

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

    I have been working at Susquehanna International Group full-time

    Pros

    Friendly people
    Great gym
    Free breakfast and lunch

    Cons

    There's no "real" lunch break

  3. Helpful (3)

    "Not bad..not really a long term option"

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

    Pros

    Good perks, free food, generous vacation time, i defiantly made life long friends from the co-workers

    Cons

    Unrewarding work, long hours, low pay, and growing responsibilities as more workers leave for better pay/opportunities. Company has an odd corporate vibe despite preaching openness and being 'flat'. Hard to stay motivated to give your all and want to stay here long term.


  4. Helpful (6)

    "Great place to enhance dev skills"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Bala Cynwyd, PA
    Current Employee - Software Developer in Bala Cynwyd, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Susquehanna International Group full-time (More than 3 years)

    Pros

    Management is open to developers testing new technologies. Interesting speakers in all facets of tech and business come in for sponsored talks. Owner is easy to talk to. Coworkers genuinely want to improve their tech skills and help each other.

    Cons

    Adoption of new tools/systems can be too fast; causing a lack of consistent implementation across teams.

    Advice to Management

    Pick a set of tech and tools to focus development efforts on. Let the tool simmer a bit before opening it up to other teams.


  5. Helpful (5)

    "sweet spot in a great location"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Developer in Bala Cynwyd, PA
    Current Employee - Senior Software Developer in Bala Cynwyd, PA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Susquehanna International Group full-time (More than 8 years)

    Pros

    - very smart, hard working, caring employees
    - lots of interesting technology (low latency, big scale or high uptime)
    - good technical autonomy (anything is on the table as long as the ROI is right)
    - motivated people can move around in the company to stay interested
    - decent work life balance (better than most of Wall St, or so I've heard)
    - many on-site amenities (big gym with lots of showers, car mechanic pickup)
    - great location just outside of Philadelphia (one mile off the beautiful Schuylkill river trail, perfect for bike commuting)
    - common sense approach to management (remoting in to stay home with a sick kid can be fine)
    - great compensation for the area
    - strong rational decision making culture
    - very flat structure (not much overhead)

    Cons

    - compliance with financial regulations (monitoring and recording all outside communications)
    - takes conservative approach to intellectual property (all code stays on-site, no open source contributions)
    - trading hours aren't flexible (being in the office to support 9:30-4 trading is a priority)
    - some management growing pains as the firm gets bigger
    - very flat structure (not much clear advancement)

    Advice to Management

    - keep looking for the best balance between what the rest of the world has to offer and the necessary trade offs given the business
    - figure out a way to recognize career growth without having a huge management hierarchy


  6. "Not bad"

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

    Pros

    Free breakfast and lunch with coffee, benefits

    Cons

    The pay is low for the work.


  7. Helpful (5)

    "Chaotic boredom. Bad for tech"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Information Technology in Bala Cynwyd, PA
    Current Employee - Information Technology in Bala Cynwyd, PA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Susquehanna International Group full-time (More than a year)

    Pros

    Free food, nice and intelligent coworkers which makes it a tough place to leave.

    There are lots of intelligent people here that could do so much more with their talent in any other company.

    Cons

    Too many to list.

    The reviewer that compared SIG to a 1970s car is totally accurate.

    The flat structure doesn't mean anything unless you like having multiple managers or a manager that's just a puppet with strings pulled by several other managers. It also allows for people to fill multiple roles.

    Middle management has pretty awful ideas most of the time.

    They describe themselves as fast paced; chaotic and disorganized would be more appropriate. Some teams were created with little thought by the aforementioned middle management.

    I've seen hackathons produce better code in 12 hours than stuff that took months or years to develop at SIG (outside of the trading system). If you think I'm joking, they'll be happy to show you the tools during the interview process.

    Long hours. Expect to work 10 or 11 hour days. Good luck making any reasonable plans during the week. No work life balance.

    There's a bar on the ground floor. Nothing says "work outing" like taking an elevator down a few floors.

    The image of the company you see on Facebook or LinkedIn are the small windows in which the company has rescued their employees from the monotony that is SIG. It is not reflective of the culture. They will whip out their cameras the moment they see someone enjoying themselves on the job.

    Here's my advice:
    If you go through the interview process and only feel lukewarm about the job, don't follow through with taking it. Long hours in a lukewarm job will eat at you faster than you can imagine, especially when it starts to make you miss dinner with your family.

    Advice to Management

    If the company was more organized, your existing employees could produce better work in less time. We keep hiring but ignore the chaos.

  8. Helpful (4)

    "Great Environment"

    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

    I worked at Susquehanna International Group full-time (Less than a year)

    Pros

    I worked in equity research dept in NYC. SIG has a strong presence in market making, especially in options. Co-workers, including my senior analyst, are very driven and intelligent. SIG also has a more casual dress code than typical Wall Street jobs, as well as free snacks and refreshments.

    Cons

    Long work hours come with the territory.


  9. Helpful (5)

    "probably good for traders, outside of that, no"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tax Specialist in Bala Cynwyd, PA
    Current Employee - Tax Specialist in Bala Cynwyd, PA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Susquehanna International Group full-time (More than a year)

    Pros

    *exposure to a lot of different tax returns
    *free breakfast & free lunch
    *free onsite gym
    *dry cleaner, car maintenance service, detailing done at a discount onsite
    *company wide events

    Cons

    *50 hour work week - ends up being more hours than public "busy season"
    *the commute to City Ave from city/Jersey sucks
    *people aren't friendly or very helpful
    *asking questions gets you criticized and berated
    *no formal training
    *flat structure - no room for growth
    *ZERO flexibility to leave early or work from home

    If you enjoy being having a manager that makes you cry, this is the place for you.

    Advice to Management

    Cut back to 40 hour work weeks. Allow people to work from home. Teach instead of tear apart.


  10. Helpful (2)

    "Compliance Associate"

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

    I have been working at Susquehanna International Group full-time

    Pros

    Free Lunch, gym onsite, relaxed atmosphere

    Cons

    Pay is not the greatest, career path is not always clear


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