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ION Trading

Acquired by ION Group

Is this your company?

Dont do it - Specialist ION Trading Employee Review

1.0
5 Apr 2023
Recommend
CEO approval
Business outlook

Pros

Work from home and some good managers

Cons

Does not value or bother to keep current employees when so many people have left the company after being fed up. Claim to actively be hiring and when a good candidate goes through the interview process then ion stalls at the last approvals in the final stages for those potential new hires. Why hire someone when you can overwork your employees. People don’t get rewarded for their hard work with higher pay. You need to wait for your raise and bonus no earlier than April the following year based off the previous years performance and even so it is a low percentage increase. Zero pay transparency. We have not had 2022’s performance and appraisals reviews yet and no idea when it will happen. If your looking to move up in a company then those positions do not come around often and you are stuck with the same job with more work more responsibility and all without a pay increase that does not makeup for inflation and no career growth. New hires should run away. Current employees need better than what ion offers Higher up divisional ceo (“leaders”)can be very rude in responses where it seems counterproductive and inappropriate. Manners and professionalism go a long way and they could use some work in those areas

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 June 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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