GreySpark Reviews

3.5

63% would recommend to a friend

(45 total reviews)
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Frederic Ponzo

70% approve of CEO

56% positive business outlook

GreySpark has an employee rating of 3.5 out of 5 stars, based on 45 company reviews on Glassdoor which indicates that most employees have a good working experience there. The GreySpark 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

45 reviews
1.0
3 Jul 2018
Recommend
CEO approval
Business outlook

Pros

The company is on its way to liquidation. If you have a choice between killing yourself or working here, my only advice is 1 minute of pain is better than an eternity of suffering.

Cons

This company is a complete joke, if you have recently applied don't waste your time. Honestly find something else. The partners are imbeciles and they are happy to interview and waste your time when they have no current projects in the pipeline. They are likely to offer you a job after 3 long interview rounds and then rescind your offer when they realize they can't afford to pay you. Office location is really bad, good chance you could get mugged on your way home when it starts to get dark. Bermondsey (Millwall) is not worse place on earth but not an ideal office location.

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GreySpark Response
7y
First of all, thank you for your review and advice. However, several of your comments appear to be factually wrong. First, no-one can call herself/himself a "Former Employee - FinTech Analyst" as: - this job title never existed in GreySpark - all the members of the FinTech Strategy Team are still accounted for and busy working on projects Also, our head office is located in the London Bridge area, at the end of Bermondsey Street (as can be checked on googlemaps). It is a short 10-min walk from London Bridge station and located in a vibrant and up-in-coming part of London. According to the Metropolitan Police (https://www.met.police.uk/sd/stats-and-data/), the likelihood of being mugged in this area is about half of what it is the Strand & Whitehall area. However, two things are absolutely true about this firm: 1 - we look for and hire individuals with talent (sometimes raw) and potential. We then dedicate care, money, time and effort to allow these individuals to develop into true leaders 2 - nobody has ever worked for GreySpark because she or he had to. People work for GreySpark because they choose to. As a consequence, the individuals who find a passion for consulting in financial services, and who keep up with the pace of a very demanding industry, will rise to senior management positions and even partner in a fewer number of years than in any other firm like ours. On the other hand, when GreySpark is no longer the place where someone aspires to be in the long term, she or he can take with her or him all the training, the skills, the knowledge, the experience and the relationships built during their time at GreySpark and use these assets to succeed anywhere she or he chooses to go. We are very proud of our colleagues who continue to be the leaders that GreySpark had a part in them becoming. GreySpark alumni: - have started their own businesses and several FinTech companies - joined and hold management positions in the most prestigious financial institutions - head trade associations and think-thanks - joined and hold management positions in the most prestigious consulting firms
1.0
7 Dec 2015
Recommend
CEO approval
Business outlook

Pros

I had to type some words here as its a requirement but there is absolutely nothing positive about this company.

Cons

No work life balance, no opportunity for advancement, low salary, no training, no vision, management clueless. If you want to ruin your career this is the place for you. If you have ambitions in life, they will welcome open arms just to crush your dreams. A burial ground for aspirations. Please stay away from this place.

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GreySpark Response
10y
Thanks for the feedback - I'm guessing it is either a long time since you left or that you may not have seen the training plans (internal or external) that we offer - BCS, IOC, CFA, Prince2 etc. to name a few. These are mandatory at some levels so I am not sure how you missed them. As I hope has become clear on these pages, we run an entrepreneurial business - if you have ambition and a plan to follow it up, we assist this into reality. Not sure what you mean by dead wood - our retention is very high, as is the quality of our people. If you truly were disappointed in the first week and did not mention anything on how you wanted to develop or use the GreySpark resources at your disposal, that is a shame - in your current role my advice would be to make that clear early on this time. Two things are repeated throughout the recruitment process and until the last day somebody decides to be part of the GReySpark team: 1 - GreySpark looks for and hires individuals with talent (sometimes raw) and potential. We then dedicate care, money, time and effort to allow these individuals to develop into true leaders 2 - Nobody has ever worked for GreySpark because she or he had to. People work for GreySpark because they choose to. As a consequence, the individuals who find a passion for consulting in financial services, and who keep up with the pace of a very demanding industry, will rise to senior management positions and even partner in a fewer number of years than in any other firm like ours. On the other hand, when GreySpark is no longer the place where someone aspires to be in the long term, she or he can take with her or him all the training, the skills, the knowledge, the experience and the relationships built during their time at GreySpark and use these assets to succeed anywhere she or he chooses to go. You should be very proud, as I and all the Partners are, of your former colleagues who continue to be the leaders that GreySpark had a part in them becoming. GreySpark alumni: - have started their own businesses and several FinTech companies - joined and hold management positions in the most prestigious financial institutions - head trade associations and think-thanks - joined and hold management positions in the most prestigious consulting firms
2.0
15 Jul 2015
Recommend
CEO approval
Business outlook

Pros

Colleagues mostly have good capital markets experience and knowledge.

Cons

If you join GreySpark at the management level with something to offer (new direction), then from what I could see you would enjoy working for the company. GreySpark needs this as it is small and quite new to the industry (expect to explain what GreySpark is at each meeting). It needs people who have the experience of working in the upper ranks of an established consultancy to tell them what it takes to become a true consultancy. Investment in this area is needed. I would not recommend this company to people with less that 6 years experience if what you are looking for is a consultancy. There is no training - Management haven't got time to spend on this area. Although there are opportunities to get external training (don't expect this until after probation at the earliest). You will not know what it means to be a GreySpark consultant, because this has not been defined and they do not have their own methodology to deliver end to end projects. If you are on the bench expect to have strange tasks to complete for management. Tasks interns shouldn't even be exposed to. This would be the perfect time to develop and learn the core skills of a consultant. Expect to learn the most from your own reading with little to no guidance.

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GreySpark Response
10y
Thanks for the constructive feedback. To address your points: - the management team have senior management experience from both consultancies and investment banking companies - we are constantly investing in our people: we have a training plan that consists of courses (in-house and external formal qualifications); an internal website where training packs, videos and case studies can be found - this has been available since 2011 and is detailed at induction - training in-house is offered from day one; you are correct that external courses are not pursued until after probation which is typically three months. We like new joiners to have some time to settle in - we're not sure what you mean by 'strange tasks for management': non-billable time is typically utilised with contributions to white papers, CMI reports, training and as appropriate, projects for clients and developing core skills. There is an expectation that individuals will be proactive to some extent with this Regarding our methodology, there is an extensive website that has been built up over five years that contains our templates, methodology, engagement history and summary It is unfortunate (and strange) that you missed both the knowledge database and didn't utilise your time as requested while off client site. The database was a significant in-house project that took a number of months to take to the next level as a consolidated source and was well publicised internally. I hope you take this response positively and if we can help you with any aspect of this please get back in touch.
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Glassdoor has 46 GreySpark reviews submitted anonymously by GreySpark employees. Read employee reviews and ratings on Glassdoor to decide if GreySpark is right for you.