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Interactive Investor

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Interactive Investor Reviews

3.7

71% would recommend to a friend

(144 total reviews)

73% positive business outlook

Interactive Investor has an employee rating of 3.7 out of 5 stars, based on 144 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Interactive Investor 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

144 reviews
1.0
8 Mar 2022
Recommend
CEO approval
Business outlook

Pros

Good way to gain knowledge of stock market, if you're interested. I happened to have an excellent manager, but plenty of others there would give no support if you were in their team.

Cons

The company has grown quickly over the last couple of years but did not put in place the infrastructure to deal with the influx of new customers before they came. The back office are constantly behind in their workflow, but it's not their fault, they don't have the staff to keep up. They can be reluctant to help those in customer service, and it feels like there is a culture of looking down on customer service reps. Some reps were moved to temporary back office roles in order to support the overloaded departments, but despite doing well with the work they were not allowed to move across permanently, and it feels very difficult to move into another area of the company, or feel like there is any opportunity for career progression. Management constantly bring in new changes to try and improve things, but these changes are not well thought through, and they are slow to change things back or change things again when it is clear that something isn't working. Compared to my new place of work the management here do not look after their employees at all. If you take a day off sick you're interrogated about when you'll be back in the office. Toilet breaks are monitored to the second. There is no trust and no feeling of respect. Employees are constantly hounded regarding their targets, and everyone was always stressed. Despite the vast amount of technical knowledge required for the role the company do not make any effort to actually retain staff. Nor is there an appropriate financial reward for building up that knowledge over time. Staff are rewarded only when they hit targets such as low call times and number of contacts, building a culture of bad customer service as everyone is rushing to get off the phone to keep their average handling time low. If a member of staff has low handling times they are rewarded with a bonus, which is taken away should they make a mistake, creating a culture of fear and punishment when research shows that positive reinforcement is a far better way to encourage growth and good behaviour. Reps are also expected to know everything, and do not have the opportunity to specialise in one area of the business. This is something that would greatly benefit ii's customers, and the staff themselves, but ii are so scared of having any calls queuing that they would rather give a below average service so that the phones are answered quickly, than make sure the reps are able to competently handle queries. For a company who want to drive their customers online, they have not put in place the IT or web development infrastructure to support this, and as a rep you are constantly fielding queries from unhappy customers about various problems with the website/app and why these are down.

1.0
23 Nov 2018
Recommend
CEO approval
Business outlook

Pros

Pros- if you work in Leeds there is normally a leaving do every week, sometimes multiple leaving do s The pleasure of knowing when you leave that place, that you will never had to work anywhere like that again.

Cons

I was previously an employee with TD Direct Investing and worked with them a considerably long time before we were bought out by Interactive Investor. We were warned that Interactive Investor were a tough company to work for and we would expected to do ‘over and above’ should we be in with any chance of an annual bonus. That warning severely underestimated the hard work they were going to expect. If you worked in ‘customer services’ or ‘complaints’ you were given targets that were not achievable at all, (unless you took a camp bed and stayed overnight in the office). Every day you were hounded and questioned about whether you had to hit your targets, little praise was given and constant criticism that you were not working hard enough. Emails to Teams were always along the lines of “you know what’s coming next ,we want more”. One Senior Manager is so bullying that no one can directly work under her for a long period of time. If you raise any genuine concerns with her you are just told ‘why don’t you leave?’. There is little support or compassion if you are dealing with something personal that may affect you work life. Supervisors are emailed on and off all day long to a level of insanity, querying why their teams are not doing more work putting immense pressure on both supervisors and staff. Of about 8 originally supervisors with TD Direct Investing, only 1 now remains. In the time I was there I saw girls crying at their desks, grievances being raised. Since leaving I had heard that 2 girls are off with long term sickness due to stress and anxiety. If you do wish to take the risk and work here I would advise you join a Union as in time they will screw you over. There are better firms out there who appreciate and value their staff, having moved on now I can vouch for this!

1.0
10 Sept 2019
Recommend
CEO approval
Business outlook

Pros

- Interactive Investor made me realise just how good the part-time job I had washing pots aged 13 years old actually was - Trying very hard to think of a positive. Nope, I can't manage it.

Cons

- Exceptionally poor senior management leadership - Toxic environment - Blame culture - Senior management team only concerned with lining their own pockets - Treatment of employees at best amateur, and at worst, sinister - If the senior management team had dynomite for brains, they'd struggle to part their own hair

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Glassdoor has 160 Interactive Investor reviews submitted anonymously by Interactive Investor employees. Read employee reviews and ratings on Glassdoor to decide if Interactive Investor is right for you.