1 year max, then run like the godamn wind. Or Avoid like the plague all together. - Back Office GAIN Capital Employee Review

1.0
14 July 2017
Recommend
CEO approval
Business outlook

Pros

Good beginners course into the souless-ness of the corporate world. You get to learn what it feels like to be used, lied to, manipulated, be passed up on job opportunities, and being thought of as dispensable and worthless. There really are no pros. Unless you are strapped for cash or have no previous job experience, look for an actual job that will build your career.

Cons

The management. Their only interest is saving face, and protecting themselves from their superiors. The departments are run like a popularity contest. Promotions are not given on a merit basis. They make you take some stupid tests to get a promotion. First promotion you receive is larger than the second promotion. How does that even make sense? Shouldn't promotions increase as you stay with a company? That's just part of the backwards logic this company has. Don't trust your managers, they will burn you. Monotonous work. Mounting pressures. High turn around rate, and responsibilities are often redistributed to everyone when someone leaves. Company thinks everyone is replaceable and when they can't replace someone their solution is to just redistribute the work to someone else, while not increasing the salary to match added responsibilities. Oh, and if you think this redistribution of responsibilities is temporary you are sorely mistaken. Skills don't transfer over in the professional Finance/Investment world. Most of the policies Gain Capital uses are archaic. They don't provide enough in-house training, and education. The longer you work here the more behind you are in building your career. Do yourself a favor and earn your chops, work a year, and run for the hills. You’ll learn a lot more in a month working for a bigger company than you will learn here in a whole year. Poor incentives and bonus structure. At first you think that oh jeans, awesome! Oh free bagels on Friday awesome! Oh free coffee! Even better. However, none of these things help repair a toxic corporate culture. Gain Capital can only change if the management is completely uprooted and there is extreme focus and emphasis on their corporate culture. Otherwise it’s just like any other FCM, only a matter of time before it gets swallowed up by another.

avatar
GAIN Capital Response
8y
Thank you for sharing your experience at GAIN Capital. It sounds like you certainly experienced some challenges during your time here and I hope you felt comfortable raising these concerns to your manager or human resources. Some of the things you raise as concerns are points of pride for us—we do encourage people to learn more about our market and the products we offer and we believe that it is right to recognize that development with promotions and salary increases. We do believe we’re a good place to start your career and gain exposure through a variety of opportunities that adjust as business needs change. And we do work to create a busy, focused work environment that appreciates and recognizes both teamwork and customer focus. If you have any lingering concerns that can be addressed by the company, please do not hesitate to reach out directly to share your experience. Best wishes in your career.

Explore other reviews about GAIN Capital

5.0
7 Mar 2024
Recommend
CEO approval
Business outlook

Pros

GAIN is a great place to work

Cons

Nothing to report at this time

4.0
13 Feb 2024
Recommend
CEO approval
Business outlook

Pros

A lot of mobility within the company. Employees could get their foot in the door through customer service and work their way up to a director position in the marketing department

Cons

Some positions were outsourced. The FOREX industry itself is not well established in the US and market conditions could mean drastic downsizing. This took place 3 times while I worked there.

See reviews by: Helpful|Rating|Date|All