Two Sigma Reviews | Glassdoor

Two Sigma Reviews

Updated July 4, 2018
84 reviews

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3.9
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David Siegel and John Overdeck
49 Ratings

84 Employee Reviews

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Pros
Cons
  • "Moving through the growing pains of a medium-sized company" (in 6 reviews)

  • "Devs are second-class to quants/modelers in a way" (in 3 reviews)

More Pros and Cons

  1. "Quant research"

    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 Two Sigma full-time

    Pros

    - smartest bunch of people gathered under one roof
    - endless learning and opportunities to learn
    - everyone is very friendly and humble
    - feels more like a research institution than an investment manager most of the times
    - the work done here feels very cutting edge and very rewarding

    Cons

    - the problems worked on can be very challenging and open-ended . So it’s not for everyone.

    Advice to Management

    Keep the hiring bar high and don’t compromise


  2. "To me, super interesting work matching my skills"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Quantitative Researcher in New York, NY
    Current Employee - Quantitative Researcher in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Two Sigma full-time (Less than a year)

    Pros

    (1) As a quant researcher, super exciting work. See the impact of your own models to bring revenue to the company, see you can predict the future by using advanced quant techniques;
    (2) Great work-life balance, the company understand that great idea takes time to become effective and it understands that letting researchers have their own schedules and pace is good in the long run;
    (3) Excellent pay with no doubt.

    Cons

    In my view, the company hires way many engineers than needed sometimes. I need to maintain the bar to be high and hire just enough and really excellent engineers, and of course treat them well. Too many so-so hires hurts the company reputation and the business.

    Advice to Management

    Keep the bar high, hires as needed.

  3. Helpful (3)

    "Administrative Professional"

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

    I worked at Two Sigma full-time

    Pros

    This is a great company to work for if you align with their values in technology, innovation and growth.

    Cons

    Although the company is very innovative, they prefer their administrative support to come from a corporate background with longstanding experience.

    Advice to Management

    Create more opportunities for administrative professionals to grow in the company that are passionate about technology.


  4. Helpful (3)

    "Many crappy engineers"

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

    I have been working at Two Sigma full-time (More than 5 years)

    Pros

    Great place to work with many smart people. Good leadership. Upper management invests heavily in individuals.

    Cons

    The company is too nice. Some engineers are seriously incompetent. Not even just technically incompetent but also lack common sense and basically producing nothing useful.

    Advice to Management

    Fire more people. Bad engineers are worse than not having an engineer and they are a net negative because people have to waste time fixing their crap. Spending time mentoring a bad engineer is a complete waste. Managers should also be more harsh in weeding people out.


  5. Helpful (1)

    "Great Company & Culture"

    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 Two Sigma full-time

    Pros

    Growth opportunities, work with the most intelligent people around! Employees are treated really well. Tons of benefits. Salaries are way above average.

    Cons

    None that I can think of.


  6. Helpful (1)

    "Environment"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Very productive. People are extremely helpful to each other.

    Cons

    Nothing, because you will like the working space.


  7. Helpful (5)

    "Quantitative Researcher"

    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
    Disapproves of CEO

    I have been working at Two Sigma full-time

    Pros

    People are relatively smart, but the place is filled politics.

    Cons

    Going through the pain of a mid-size company. So much politics in the engineering org. The company reminds you constantly that Software Engineers are second class citizens.

    Advice to Management

    Revamp the culture. Better management.

  8. Helpful (1)

    "Competitive 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 Two Sigma full-time

    Pros

    Great benefit and great people to work with

    Cons

    Sometime it is stressful and can be discouraging.


  9. Helpful (12)

    "Terrible place to work"

    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 Two Sigma full-time

    Pros

    Pays fair at year end

    Cons

    Depending on your team, you may end up with:
    - highly unqualified managers who have no idea what they are doing
    - retaliation from management for complaints
    - the typical finance jerks
    - hazing
    - finance catches that limit your career outcome

    Lots of people are leaving after bonus season every year. The company is struggling to hire talents. Minimal upward mobility now that the company is large. The 98% retention rate is a myth.

    Advice to Management

    hire/promote qualified managers


  10. "Recruiter"

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

    I have been working at Two Sigma full-time (More than 3 years)

    Pros

    Great culture & career growth.

    Cons

    Work-life balance could be better at times.


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