Liberty Financial Reviews

4.4

88% would recommend to a friend

(241 total reviews)

86% positive business outlook

Liberty Financial has an employee rating of 4.4 out of 5 stars, based on 241 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Liberty Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

241 reviews
1.0
19 July 2017
Recommend
CEO approval
Business outlook

Pros

- Good to be part of a company that's growing at a rapid pace - Doing some great things in the tech space - Majority of the people are nice and fantastic to work with - Fruits bowls, breakfast foods, desk massages every once in a while and there are often free lunches - Good location - Company seem to be going in the right direction

Cons

The cons are only applicable to my role: - Management to the team is terrible, which utterly kills the team morale. I was in the company for 9 months, in those 9 months, I'm the 4th person to leave the team - way too rigid and traditional, still working on desktop PC's, not a very fluid and agile environment, work is passed down from the top, not a very employee engaging process - Management likes being in control and holding all the power, doesn't like being proved wrong. Bullying culture like mentioned below (including asking if I really wanted to be at work, simply because my shirt wasn't ironed well... the company has a casual dress policy) - only management goes to all the meetings and makes all the decisions. Analysts are just about in front of the computer screen for the entire work day. In risk, the culture was basically 'do as you are told'. Which is contradictory to one of the company's key values of 'free thinking'. - Over the top attention to formatting reports. A report often takes way longer than it should because people can't agree to indent or not, or left/middle align. All reports have to be word documents, in a world of data visualisation, any other form of presentation isn't allowed. The written report is proof checked by 2 managers before being published. If you turn off 'Track Changes', you can have some fun watching 2 managers change each other's sentences, both thinking you wrote it. Even after working in consulting, reports prepared for external clients aren't rigid like Liberty's reports. - not much room for growth, the next level in my team after analyst is general manager, you can move sideways into another team and try something else at best - Not a rewarding culture, work is boring and not very engaging, too much manual admin work, a more 'if it works, don't fix it' environment rather than 'continuous improvement' environment

2.0
15 Mar 2015

Would not recommend for anyone to work here. Ever

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Working closely with the business & understanding the company's vision - Good social atmosphere

Cons

- Limited opportunity for career development, due to size of company (eg. You must talk with the right people if you are to get anywhere. Talent is not always recognized or appreciated) - High expectations, with limited resources provided (eg. working systems always faulty) - High amount of pressure placed on employees, in hope that they will can inject fear into their employees to work harder and perform better (eg. regular occurrence of 'Formal warnings' being issued across the board in every department). - Demanding people to fit into their culture, or to behave in a certain manner which is deemed as satisfactory, or as living the values in their eyes (eg. forcing people to join the Social committee, or forcing people to participate in End of Month work functions, or stakeholder parties etc). - Obsessed over cultural-fit, and not enough over content and quality. - No such thing as internal promotion. You may be rewarded with a new title, but your pay actually remains the same (eg. from Team member to Team Leader). - Unnecessarily lengthy 3-day recruitment process

2.0
17 Apr 2018
Recommend
CEO approval
Business outlook

Pros

No deadline for IT projects and you can spend weeks on tiny task as long as you can talk about what you have learnt. Worked with some real smart people. Have the freedom to choose tools/technologies for the project. Health insurance and gym subsidies. CBD location. Good salary.

Cons

Lot of changes happened in management in IT and the new one has little IT background. Your performance is not based on your work, but how you sell/market your work. High turn over and staff are disposable. Management says they prefer open and honest, but they are not. They make decision and expect everyone to follow. People got fired when they spoke up.

Viewing 1 - 3 of 241 Reviews

Glassdoor has 242 Liberty Financial reviews submitted anonymously by Liberty Financial employees. Read employee reviews and ratings on Glassdoor to decide if Liberty Financial is right for you.