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ION Trading

Acquired by ION Group

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Limited career opportunities or chance of progression - Anonymous employee ION Trading Employee Review

2.0
13 Apr 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Majority of people are good to work with; willing to help and knowledgeable There are a number of different solutions covering all aspects of the trade life cycle within the company portfolio High Profile Clients use the applications and possibility to get involved in high profile projects, which is good for your development.

Cons

Very limited career development or opportunity to actually move with the organisation and learn new products and move into different areas, even though the company has grown and acquired many software companies you would expect increased opportunity for employees but it is the reverse. No training budget for staff and very little emphasis placed on developing you as an employee to meet your career goals. General low morale among staff disillusioned by lack of information regarding company vision and poor annual remuneration irrespective of how hard they work. Mandatory 12 month none-compete clauses, which includes clients as well as competitors. Clients have also signed agreements to not hire staff from the vendor. - These can and have been enforced arbitrarily. Lack of emphasis on client satisfaction and building a strong relationship with your clients by assisting them in achieving the most from the solution they have purchased to facilitate future business - at least in the area I was working in.

Explore other reviews about ION Trading

5.0
3 Aug 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Management really cares about the LDP and provide opportunities for the analysts to achieve their goals/improve their skill sets. We have many opportunities to travel to our international offices and ask for projects that are interesting and a good learning experience. I've had a good experience with other team members who are not part of the program as well. The office is more collaborative now and I think ION is trying to improve on past criticism/feedback.

Cons

Work load can be daunting at times and you may get different directions from several managers. However, if you ask questions and aren't afraid to take on challenges this can be a great way to constantly strive for more.

6
1.0
15 Jun 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The New York office is very nice, on the 50th floor and overlooks Central Park. There are some nice people working in the office there and everyone has a collective feeling of sympathy for their fellow colleagues.

Cons

You need to understand that if you join ION that you are sacrificing any chances of career advancement whatsoever. While no expense is spared when it comes to fancy offices, every expense possible is when it comes to employees. While starting salaries are reasonable, there have been no pay increases for years, and bonuses when given are tiny. The CEO insists on a hands-on approach to every single part of the company (including approving an order for more coffee!) and the result is that very little ever gets done. Benefits are awful for a company of this size (no 401k employer contribution, minimum contribution toward heath, etc). There is very little flexibility when it comes to hours or working remotely. Think very carefully before joining ION and signing that onerous non-compete which could basically put an end to your career in this industry unless you change your industry/profession entirely or are happy to stagnate in misery at ION. I would strongly recommend against joining. I would also point out what many on here have mentioned - there are a number of reviews below which are very clearly fake. If you read a review which jokingly refers to ION as a "Market Leader" or similar, you need to be aware that these have been written specifically to try and boost the dismal rating the company rightfully has on Glassdoor.

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