There are many other hedge funds out there - Analyst Schonfeld Employee Review

1.0
30 Jan 2021
Recommend
CEO approval
Business outlook

Pros

Total pay package is good for the level of expectation and responsibility given

Cons

Promotion isn't based on meritocracy, rather on who you know or if you are connected to the CEO, which is demotivating. With the exception of a favored few, neither the role nor the position will change for years Much of senior management have been there for 20 + years - there is general perception of job protectionism so progression is limited They have initiatives to promote women in the workplace, however a number have been fired from EA/ reception roles, or forced to leave for not fitting in

Explore other reviews about Schonfeld

5.0
6 June 2026
Recommend
CEO approval
Business outlook

Pros

Everyone from top to bottom really supported every intern.

Cons

Can't think of one of the top of my head

1.0
20 Feb 2026
Recommend
CEO approval
Business outlook

Pros

The colleagues in the office are generally very friendly and supportive.

Cons

Compensation is significantly below market compared to other banks and hedge funds, particularly given the workload and expectations. Employees are typically required to start as temporary workers, earning hourly pay in the low $20s, with limited clarity around timeline or pathway to permanent roles. There is a noticeable lack of communication across the organization, which often leads to confusion and inefficiencies. Internal operations are disorganized, similar to an early-stage startup. Company-wide events and cross-department face daily challenges due to lack of planning and coordination Role expectations are not clearly defined. Work is frequently assigned from multiple departments outside the original job scope, and there is limited structure around workload management or compensation adjustments over time. Physical job expectations were not always aligned with professional attire standards. In some cases, employees were expected to handle and unbox numerous heavy deliveries daily while also maintaining formal dress requirements (such as dresses, skirts, and heels), which created practical challenges and discomfort.

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