Tullett Prebon Reviews | Glassdoor

Tullett Prebon Reviews

Updated June 20, 2017
60 reviews

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2.8
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Tullett Prebon CEO John Phizackerley
John Phizackerley
10 Ratings

60 Employee Reviews

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Pros
  • global company, access to lots of resources, friendly and helpful HR, great location, good people to work with socially for the most part (in 3 reviews)

Cons
More Pros and Cons

  1. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Tullett Prebon full-time (More than 10 years)

    Pros

    Desk Managers were an invaluable asset to the Company. Open, communicative, engaged.

    Cons

    Upper Management less engaged with individual desks.


  2. "Just a Job, Nothing Else!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Jersey City, NJ
    Former Employee - Manager in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Tullett Prebon full-time (More than 10 years)

    Pros

    Great location that's easily accessible by PATH, NY Waterways and NJ-NY tunnels. Fabulous support staff that outperformed under constant stress.

    Cons

    Management did not care about the working staff. It was a, "If you don't like it, you're free to leave" mentality. Poor morale and salary reviews with frozen wages for years'.

    Advice to Management

    Open up and listen to the employee population through town hall meetings. The main thing is not to label a question by an employee as negative, which is something HR always did.

  3. "broker"

    StarStarStarStarStar
    • 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

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

    Pros

    tullett was a great place to work. i enjoyed my time there. they are very competetive in their respective financial space.

    Cons

    I dont have many negative words to say about Tullett. I went through an acquisition with Chapdelaine. Management could have been a bit more clear regarding direction.


  4. "energy broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Energy Broker in Jersey City, NJ
    Current Employee - Energy Broker in Jersey City, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Tullett Prebon (More than 5 years)

    Pros

    global company, access to lots of resources, friendly and helpful HR, great location, good people to work with socially for the most part

    Cons

    need to examine and change their P/L structure to facilitate team players over individual performance

    Advice to Management

    hire outside consultants to better facilitate communications amongst the brokers


  5. "Not bad but also not great. Could use a tune up"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Broker/Analyst in Jersey City, NJ
    Current Employee - Broker/Analyst in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    I agree with the posters below that this is a fabulous place to make money. Camaraderie is good and you will learn a lot. They promote an open door policy and upper management is accessible.

    Cons

    Inconsistent and sometimes disengaged leadership. Certain departments are not in the best shape. HR can be pleasant but not a big help. The Legal Department in New Jersey City always seems to be jettisoning its best people or they leave on their own accord. The individual at its helm is not really viewed as particularly trusted or capable. IT is very helpful any time I have a computer issue at my desk.


  6. "Generous vacation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ

    I worked at Tullett Prebon full-time

    Pros

    The work life balance is very reasonable (not a lot of overtime), and the benefit of working for a European headquartered company is that the vacation policy is very generous. Most people I worked with were very nice and helpful in solving any business issues.

    Cons

    The business has been struggling so there is a very strong emphasis on cost management and reduction. Salaries in many cases remain frozen even for high-performing employees.

    Advice to Management

    Since it is difficult to reward employees financially during a cost cutting mode, try to find other ways to keep people motivated so that employee morale doesn't suffer.


  7. Helpful (1)

    "broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Broker in New York, NY
    Former Employee - Broker in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    Great training for a broker. Competitive working environment. Helpful resources available for personal inquiries.

    Cons

    Bureaucracy of a large firm impedes business development. Large producers for the firm assume managerial roles, which they are ill equipped for.

    Advice to Management

    Managing Directors should assume an active hands on managerial approach for the desks under their umbrella

  8. "A dying brokerage"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Software Engineer in Jersey City, NJ
    Former Employee - Software Engineer in Jersey City, NJ

    I worked at Tullett Prebon (More than 5 years)

    Pros

    I no longer work their.

    Cons

    Cronyism and avarice out of control.

    As someone else mentioned, brokers get promoted to managers. That strategy does not translate into great management.

    Highturnover, reported to eight managers in 6.5 yrs.


  9. "Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in Jersey City, NJ
    Former Employee - Sales in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Tullett Prebon full-time (Less than a year)

    Pros

    Come and go as you want

    Cons

    Management did not know what they were doing..not enough patience for new business

    Advice to Management

    Listen


  10. Helpful (1)

    "Great people, alright company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Staff Accountant in Jersey City, NJ
    Current Employee - Staff Accountant in Jersey City, NJ
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at Tullett Prebon full-time (More than a year)

    Pros

    Great work life balance, pretty decent pay, plenty of vacation days

    Cons

    No raises, bonuses have been shrinking every year, little to no growth opportunity, probably downsizing soon


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