Tullett Prebon Reviews | Glassdoor

Tullett Prebon Reviews

Updated October 27, 2017
66 reviews

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66 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)

  • Good culture, great people, decent pay (in 3 reviews)

Cons
More Pros and Cons

  1. "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.


  2. "Best Brokerage firm in the world"

    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

    They help you in the bad moments

    Cons

    The market situation is not the best at the moment

  3. Helpful (5)

    "Purely for the Money-Driven"

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

    Pros

    Potential to earn a lot through commissions
    Extensive network in almost every market
    Flexibility in job scope if you deliver your numbers and if you know how to manage the top

    Cons

    The most antiquated (un)professional work culture where people are rude to each other, discriminating and racist. There is no real control over "company culture" because all the company really cares about is that you show up and make your money. People expect you to show up unless you are literally dead, people scream at you (as with any high pressure broker job), your clients also scream at you, you can never really trust anyone because everyone is out there to make money for themselves. If you can't help them do that, then you're useless and they have no qualms about making that known. They don't care what you do, and to some unspoken, unwritten extent they expect you to do what's "necessary" to get business flowing in. Necessary - wine, dine, drink with your clients everyday, sell yourself out, worship the ground they walk on, eat their egos for breakfast if it entertains them. There is no sense of encouraging leadership because even your bosses are doing the same thing you do, so they're basically competing with you too. There is no career growth, you just start handling better accounts if you do well or are there long enough.

    Advice to Management

    I wouldn't know where to start. It's one of those deeply rotten and complicated systems very similar to the way banks are. Where money is the sole objective, people turn into really unsavory creatures. Perhaps employee evaluation should be done on a more professional and comprehensive level. Not just dependent on the amount of money they bring in, but also on their behavior at the workplace. Try to establish a better work culture where people are more supportive of each other and more respectful of personal lives. They do not owe you as much as you think and make them believe they do. Encourage good values at the work place. I know any head reading this will probably laugh it off, which makes it completely pointless, but it really has to be said. Brokers are miserable, disturbed people. Not just at Tullett Prebon!


  4. Helpful (1)

    "Avoid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    Stable company as long as the market is doing well.

    Cons

    Disorganized, poor operations and lack of management. I would avoid seeking employment with this company.

    Advice to Management

    Company needs overhaul of operations and management.


  5. Helpful (1)

    "Tullett Prebon"

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

    I worked at Tullett Prebon full-time (More than 5 years)

    Pros

    1. The working environment was very lax and the people were generally friendly.
    2. Most managers were easy going
    3. Very comfortable work/life balance, got to leave early when it was slow.

    Cons

    1. Very difficult to rise up within the company, unless you have a strong connection to higher ups.
    2. Raises were non-existent and bonuses decreased almost every year.
    3. A lot of "managers" had the title, but knew nothing about managing people.
    4. The lax environment paved way to lazy employees and people that were not willing to learn and grow. Working with these types of people was difficult.

    Advice to Management

    1. Listen more to your employee needs and compensate them appropriately.
    2. Instate a quarterly review process so that your employees know where they stand.


  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. "Product Manager"

    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
    Disapproves of CEO

    Pros

    Good Work Life Balance in general

    Cons

    No Raises unless you generate revenue

    Advice to Management

    Improve Compensation

  8. 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


  9. "Great Trading Company"

    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 Tullett Prebon full-time

    Pros

    Tullett Prebon is the top interbroker dealer globally. Large company with great employees and assets.

    Cons

    There were not many at all.

    Advice to Management

    Continue doing what your doing


  10. "GREAT"

    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

    Pros

    Great people here in the company

    Cons

    $$ isn't up to market value


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