PrimaryBid Reviews

2.3

16% would recommend to a friend

(45 total reviews)

6% positive business outlook

PrimaryBid has an employee rating of 2.3 out of 5 stars, based on 45 company reviews on Glassdoor which indicates that most employees have an average working experience there. The PrimaryBid employee rating is 38% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

45 reviews
1.0
29 Feb 2024

Completely lost the plot

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good benefits: health insurance, life assurance, learnerbly, etc.

Cons

Completely lost the plot, Primarybid has forgotten its mission and is no longer about retail inclusion. C-suite grasping at straws on a last effort to save a sinking ship. If you haven't been made redundant your days are numbered regardless as there is no hope for the direction the company is going.

3.0
6 Mar 2023
Recommend
CEO approval
Business outlook

Pros

Good product concept with a potential to do well

Cons

You are remunerated with equity though you never get details on it and have to chase, even after you depart you don't get any communication around your shares. There are no performance related pay rises or bonus everyone gets the same. Lots of talk around career progression and framework though in reality your manager wont know what you need to do to progress There are politics everywhere and projects get delayed, derailed due to it.

avatar
PrimaryBid Response
2y
Thank you for taking the time to leave us a review. We're really sorry to hear that you didn't have the best experience working with us. Unfortunately we did have some delays with the rollout of our equity communication however this has now been addressed. We have also moved to an annual discretionary performance based bonus as of April 2023.
1.0
7 Apr 2024

Sinking ship

Recommend
CEO approval
Business outlook

Pros

There were some really great people, but poor management either sees them leave or pushed out by over hiring middle managers with no clue. The company grew too quickly without proper direction/control. Benefits were ok, until they introduced return to the office for all employees, even ones that lived far from London and had agreements in place. Nice enough office. Did some free lunches. A year and a half ago, was a great place to work.

Cons

C-suite are scrambling to save the business, lost the mission, have no idea what they’re doing. Poor communication. Toxic management, no leadership, that led to total burnout and massive attrition within the teams. Then mass redundancies handled poorly, at the same as hiring high paid managers. There is no culture at all, It died about a year ago when most of the talented, most competent people started to leave. Promises of bonuses that were never paid out, employee shares never allocated, the list is endless…. PrimaryBid do not care about their employees in the slightest. Everything there now is just a fight for survival. Patching up a sinking ship.

Viewing 1 - 3 of 45 Reviews

Glassdoor has 46 PrimaryBid reviews submitted anonymously by PrimaryBid employees. Read employee reviews and ratings on Glassdoor to decide if PrimaryBid is right for you.