IG Group Reviews

Updated 20 August 2014
Updated 20 August 2014
29 Reviews

3.4
29 Reviews
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IG Group CEO Tim Howkins
Tim Howkins
21 Ratings

Employee Reviews

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  1.  

    Challenging and Friendly

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Communications Executive  in  London, England
    Current Employee - Communications Executive in London, England

    I have been working at IG Group full-time for less than a year

    Pros

    Great working culture, support when new, good level of training, possibility to move around within the business, good pay and perks, balance of work and play, met many lovely people

    Cons

    Sometimes lack of cohesion and structure on bigger projects, lots of pushing back on deadlines

    Advice to ManagementAdvice

    Listen to all

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Use to get a better job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Team Lead  in  London, England
    Former Employee - Technical Team Lead in London, England

    I worked at IG Group full-time for more than a year

    Pros

    Good bonus and benefits. Nice office location.

    Cons

    Company has a blame culture. Management like to micro-manage staff with useless KPI's. High staff turnover.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Lack of career progression

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Developer  in  London, England
    Former Employee - Developer in London, England

    I worked at IG Group full-time for more than a year

    Pros

    IG Group use cutting-edge technology, and staff are meant to have time to keep their skills up-to-date, but the reality doesn't happen often. I was able to pick up some new skills. There's free fruit daily and free drinks once a month. The office is new and conveniently located and in the square mile, so it is easy to get to. Overall, most people are friendly, but there is a clique culture and some staff do not act professionally.

    Cons

    Tight deadlines meant working long hours and over Christmas and New Year's Eve as the company had poor planning. Staff not recognised for doing hard work and long hours, and there are not any career progression prospects. Staff seem to be treated the same, irrelevant if one colleague has a couple years of experience and another has over 12 years of experience. Progression, more than anything, seems to be related to who has been at the company the longest or who fits into the "old boy's club". Hours are also 9:00-6:00, and they are not very flexible.

    Advice to ManagementAdvice

    Look at staff career progression and recognise staff for doing hard/good work, especially when meeting your difficult deadlines due to lack of planning at the top. I would have stayed on had I been able to progress.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Developer  in  London, England
    Current Employee - Developer in London, England

    I have been working at IG Group full-time for more than 3 years

    Pros

    Good working hours (except when on support) and pay is competitive. Overall though it's a good company to work for.

    Cons

    Very limited progression path and at times you feel like you're just plodding along.

    Advice to ManagementAdvice

    Continue to engage staff at all levels.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Challenging, fast paced work place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England
    Current Employee - Anonymous Employee in London, England

    I have been working at IG Group full-time

    Pros

    Access to latest technologies, regularly pushing the technical boundaries with suppliers as the flag bearer, modern and fun office with excellent amenities. Competitive pay and benefits, close to Gym.

    Cons

    The fast pace is often at the compromise of technical training and staff growth is limited, lack of or limited planning for projects and a 'just make it work' approach. IT staff participate in on call work with time in lieu as compensation.

    Advice to ManagementAdvice

    Invest more in your staff, treat them as your greatest assets and as people.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  7.  

    Good but not that good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at IG Group full-time for more than 3 years

    Pros

    Good group of colleagues. Nice perks e.g. monthly drinks, good bonuses.

    Cons

    Very political, minimal communication with senior staff.

    Advice to ManagementAdvice

    Provide more regular feedback.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Ok-ish company to work with, for a short while

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Java Developer  in  London, England
    Former Employee - Java Developer in London, England

    I worked at IG Group full-time for more than a year

    Pros

    Very pretty office, plus all the nice IT company perks: fruit, Friday beers (well, once a month), pool table, etc. Good social scene: drink, parties etc. Opportunities to learn, especially for beginners. Deadlines nearly non-existent in some projects. Big bonuses and regular pay hikes, although the base salaries are pretty low. Very easy to get promoted (and demoted).

    Cons

    Catty, stressful environment with a culture of blaming, finger-pointing and brown-nosing. Thriving there is more of a matter of marketing yourself than producing good code. Lots of stuck-up people, in some teams more than in others. Micromanagement endemic, again only in some teams. Some mediocre staff who have managed to build themselves a niche and seems to be there since about forever. Not fully agile: QA somewhat disconnected from the building process. Systematic character assassination of every developer who has left spontaneously. Frequent firings of people although, as far as I've witnessed, only as a last resort.

    Advice to ManagementAdvice

    Modernise. Some of the procedures used, both technical and managerial, are jurassic.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9.  

    High politics

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at IG Group

    Pros

    - good work life balance

    Cons

    - Highly political environment
    - Fading entrepreneurial fading

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    Good as at the very beginning or the very end of your career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Java Developer  in  London, England
    Former Employee - Java Developer in London, England

    I worked at IG Group full-time for more than a year

    Pros

    Great company culture, relaxed environment, not too stressful.
    I met very great and experienced people ready to share experiences and have the occasional beer.
    I think it's a great place to have a first exposure to a "big" company, without the stress that usually comes to it: very recent technologies, good developing best-practices, agile environment.
    A great place to do a Graduate Scheme and have that first step into Finance.

    Also, IG would be a great place if you are looking for a technical position that won't stress you, 9am-6pm, fairly incremental work.

    Cons

    After a while, you can learn something new only if you try really hard. The source of innovation comes more from the minds of bright employees that strive for improvements than from Management or the Company in general.

    Also, it feels like IG is becoming more and more corporate by the day, and this transition is not being handled as smoothly as it could. I guess this will settle down, in time, but right now things change every day, not necessarily in coherent directions, and this leaves employes wondering what is the "bigger picture", if there is one.

    Salaries not very competitive, for City standards.

    Advice to ManagementAdvice

    Organize resources better, value the work of your younger employees (grads, juniors): it's a waste of time if after spending one or two years training them, they just leave for another place and you have to start all over.
    Also, coordinate the communication between teams and departments better.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  11. 4 people found this helpful  

    Learning experience but increasingly bureaucratic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Team Lead  in  London, England
    Former Employee - Technical Team Lead in London, England

    I worked at IG Group full-time for more than 3 years

    Pros

    Some excellent tech people working here that you can really learn from.

    Fast career development up to team lead due to very fast turnover of the better tech people.

    Good offices. Good social scene. Work is genuinely fun.

    Cons

    Senior management very out of touch with the jobs people are doing.

    The release procedure belongs in about 1998. Takes until 8am quite regularly and you have to stay up all night to do it. Of course people make mistakes having been up all night and it frequently goes wrong. Releases are only monthly because the procedure is so painful. There are some efforts to fix this but bureaucracy slows everything down and it is still very far from best practice.

    Not really embracing Agile. Eg, QA is a separate team, there aren't members of QA on a project team. Some QA is outsourced to India but for every pound it saves two are wasted on the inevitable misunderstanding that result from QA being 4,000 miles away and not sitting in any of the meetings. It is quite common to get into the office and spend your first two hours explaining why the bugs raised by India QA are based on misunderstandings of the solution rather than actual defects.

    Business managers who oversee tech projects don't really make the decisions, they just try to sit inbetween do-ers and deciders. This makes for some very weird Chinese whisper type conversations. The company recognised this but their solution was insane - more project managers so that now there is an extra link in the Chinese whispers chain.

    A lot of work is little more than vanity projects designed to make somebody senior feel special because he gets to sign some big cheques. These projects are always arranged so that reliable metrics on their effectiveness can not be gathered.

    Projects started without knowing what the project is for. A purpose gets bolted on later.

    Advice to ManagementAdvice

    You must know who the under-performers are in senior management. Get rid and replace with competent people. Empower teams. Don't talk about "innovation" as some mysterious abstract quality - actually foster innovation.

    Turnover in IT is a big problem. It is just masked because the worse tech people stay for a long time. You're losing the best people because they can easily move on.

    Let the people making the software talk directly to the people who want it to be made instead of jumping through so many weird hoops.

    Recommends
    Neutral Outlook
    Disapproves of CEO

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