Bluecrest Capital Reviews | Glassdoor.co.uk

Bluecrest Capital Reviews

Updated 5 Aug 2019

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Found 33 reviews

2.3
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Rating TrendsRating Trends
26%
Recommend to a Friend
45%
Approve of CEO
Bluecrest Capital CEO Michael Edward Platt
Michael Edward Platt
14 Ratings
  1. Helpful (11)

    "Toxic, Soul Destroying"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bluecrest Capital full-time

    Pros

    Office is close to public transport.

    Cons

    If your ideal place of work is a money factory driven by fear, loathing, a palpable sense of “them and us” whilst being overseen by apathetic, incompetent middle management, then Bluecrest is the place for you. Original thought and ideas that could significantly benefit the firm are suppressed or disregarded leaving a fertile ground for mediocrity and complacency. As a result, high turnover of the most dedicated and...

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    Advice to Management

    Any advice will fall on deaf ears. They are neither interested nor bothered by the current state of affairs.

    Bluecrest Capital2018-11-19
  2. Helpful (7)

    "Don’t do it!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bluecrest Capital full-time for more than 3 years

    Pros

    They pale in comparison to the pros so are pointless in evening mentioning.

    Cons

    From the day you join Bluecrest it is abundantly clear that it is a matter of when, not if, you will eventually be fired. The firm has zero respect for its staff who are hired and fired at a whim. Within my first month of working there I witnessed 5 people being shown the door and after two years I hardly recognized any faces around me. When you leave they become even worse and will do whatever they can to hold onto any...

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    Advice to Management

    I would suggest therapy but I’m not sure that would help. Maybe consider donating your money to a worthy charity and becoming a monk as atonement for the pain you’ve caused in so many peoples lives.

    Bluecrest Capital2018-11-15
  3. Helpful (10)

    "A mixture of dazzling talent and brutally self-inflicted wounds"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Positive Outlook
    No Opinion of CEO

    I worked at Bluecrest Capital full-time

    Pros

    The smartest people I have ever worked with (both traders and non-traders). The financial side of the business is run superbly.

    Cons

    Shoot first and ask questions later culture, which creates a fearful culture. There is only one god here: P&L - everything else is secondary, and anyone not producing it is disposable (and typically will be disposed fast). Fear of removal prevents people taking sensible decisions or expressing bold ideas. Senselessly brutal firing decisions suggest a management that isn't self-aware - or doesn't care.

    Advice to Management

    It's difficult to say "Mr Platt, you might be worth $2bn but you are just sooooo wrong." But on non-financial matters a lot is wrong at BC and is left to fester. I've worked in cultures that are worse and also far better. BC isn't the very worst but it is not a culture I remember positively. I would wager you could make your $2bn much bigger, faster by improving the culture. But I doubt this advice will be heard....

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    Bluecrest Capital2018-07-14
  4. Helpful (6)

    "Horrid place with horrid people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bluecrest Capital

    Pros

    There are several exits to leave through.

    Cons

    Too many big fish in a rapidly shrinking small pond.

    Bluecrest Capital2018-08-19
  5. Helpful (2)

    "Not ideal place for support staff"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Bluecrest Capital full-time

    Pros

    Work life balance Skilled employees

    Cons

    Comp below market rate Very high turnover Morale

    Advice to Management

    Invest in your employees especially after solid returns.

    Bluecrest Capital2018-04-23
  6. Helpful (7)

    "Bad Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook

    I worked at Bluecrest Capital full-time

    Pros

    Some fantastically smart people (they just need to get out) Good canteen

    Cons

    Management are stale - promoted to manager based on technical skills but no people skills. Salary is non competitive Zero career progression due to managers holding on for dear life - fearful of brighter, younger juniors. Micro management yet non-inclusive on the bigger scope Non-ethical attitude and low integrity - onboardint promises that don't materialise. Takes advantage of juniors - hire cheap policy....

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    Advice to Management

    Be honest with people rather than hold them back

    Bluecrest Capital2017-01-21
  7. Helpful (6)

    "Avoid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Compliance Manager in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bluecrest Capital full-time for more than a year

    Pros

    Food was cheap. That is all.

    Cons

    Very high staff turnover due to mismanagement. Very cut throat environment. The firm takes an aggressive attitude towards employees that leave and/or are dismissed from the firm. The firm blackmails and threatens leavers with legal action, forcing them many times to abandon retained earnings and/or just compensation for partnership stakes. Office politics have steadily increased over time.

    Bluecrest Capital2017-01-05
  8. Helpful (4)

    "HIGH STAFF TURNOVER"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Victoria, England
    Doesn't Recommend
    Negative Outlook

    I worked at Bluecrest Capital for more than a year

    Pros

    some nice people work there, and lunch is good

    Cons

    Very high staff turnover due to mismanagement. Very cut throat environment

    Advice to Management

    Please listen to your staff

    Bluecrest Capital2016-11-03
  9. Helpful (3)

    "Good People - poor company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Bluecrest Capital full-time

    Pros

    Good benefits and free breakfast cereal and toast. Nice location. Colleagues were very technical.

    Cons

    Poor Senior management and incredibly high staff turnover so don't plan to be there long.

    Bluecrest Capital2016-08-31
  10. Helpful (20)

    "Good while it lasts"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Portfolio Manager in London, England
    No Opinion of CEO

    I worked at Bluecrest Capital full-time for more than 5 years

    Pros

    Competitive compensation packages, office culture allows employees to manage their work life balance, there is quite a bit of independence. Co-workers are typically best in class in their fields. They are very intelligent and cooperative.

    Cons

    The firm takes an aggressive attitude towards employees that leave and/or are dismissed from the firm. The firm blackmails and threatens leavers with legal action, forcing them many times to abandon retained earnings and/or just compensation for partnership stakes. Office politics have steadily increased over time.

    Bluecrest Capital2014-11-07
Found 33 reviews