Two Sigma Reviews | Glassdoor.co.uk

Two Sigma Reviews

Updated 18 December 2018
93 reviews

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3.8
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David Siegel and John Overdeck
52 Ratings

Employee Reviews

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Pros
  • "Work life balance is encouraged" (in 15 reviews)

  • "Lots of smart people walking around that are mostly humble and will answer your questions" (in 13 reviews)

Cons
  • "Growing pains of small company rapidly growing" (in 7 reviews)

  • "There's still some red-tape around getting environmental changes approved" (in 4 reviews)

More Pros and Cons

  1. "Great Internship"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Feels like a tech company

    Cons

    Too laid back in terms of culture


  2. Helpful (1)

    "Excellent company harmed by toxic politics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer
    Current Employee - Software Engineer

    I have been working at Two Sigma (More than a year)

    Pros

    Solid pay for the industry. Some other competitors pay more but usually at the cost of WLB, and TS pays well into the 'diminishing returns' range anyways.

    Extremely flexible hours, along with limited working from home or remote.

    Great work life balance.

    Will reimburse conferences, tuition, textbooks, and has great internal trainings and seminars. Goes hand-in-hand with flexible hours.

    On-site snacks including fresh fruit and vegetables.

    The name is super great for the resume, and on many teams the challenges and learning are hard to find other places.

    Cons

    Politics and bureaucracy are the name of the game. Sucking up, checking off checkboxes for the sake of it, and potemkin villages are where most effort goes.

    "Not-my-problem" politics lead to internal issues festering way longer than they should because managers flee from responsibility and employee initiative isn't taken seriously.

    Micromanagement abound, little independence of employees and a lot of talent is squandered because of this.

    Advice to Management

    Listen to people with boots on the ground, and give them actual independence. Some of your businesses could be so much more if management just listened to the people who actually knew what they were doing. All the ingredients are there.

    Lay off the politics and bureaucracy, reward financial and engineering success instead of checkboxes checked off, or as was suggested at a recent presentation, "number of jiras closed".

    Dump the promotion committees, or at least allow employee managers to be more actively involved instead of having a totally faceless group make a decision.

  3. Helpful (8)

    "Still interesting, despite inevitable creeping disease of becoming a large company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in New York, NY (US)
    Current Employee - Software Engineer in New York, NY (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Two Sigma full-time (More than 3 years)

    Pros

    Modernizing of technology stack
    There are some still really great managers who do want you to succeed
    Flexibility with choosing projects sometimes, flexible hours
    Gym

    Cons

    As others have mentioned, bureaucracy and red-tape in addition to heavy dosing of politics
    Blatant nepotism, especially within the network of former Goldman Sachs employees
    Engineering middle management emphasizes and rewards the wrong set of behaviors
    Most senior/high-level positions (and corresponding SVP titles) are given to new hires rather than loyal, long-time employees

    Advice to Management

    Reward loyalty and take care of your committed employees


  4. "Quant Researcher"

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

    Pros

    good benefits and great team

    Cons

    all things are very good


  5. "Quant"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Highly competitive salary
    very talented colleague

    Cons

    firm is too big so everyone is in charge of a small piecce, you can't see the full picture


  6. Helpful (17)

    "Politics, politics, politics...."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY (US)
    Current Employee - Anonymous Employee in New York, NY (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Two Sigma full-time

    Pros

    Pay is good/decent, benefits are amazing. Perks are really good (gym, free food, all the snacks in the kitchen, etc).
    Lots of smart people walking around that are mostly humble and will answer your questions.
    Complex environment but you can and probably will learn a lot in a relatively short amount of time.

    Cons

    The usual corporate bureaucracy and politics. As Two Sigma grows into a medium-sized entity, there are some growing pains. Limited upward mobility depending on your management chain (they essentially shut down a partnering project with a chance for me to transfer to that team). Depending on your engineering area, work/life balance can be bad.
    Mixed use of proprietary technology and open-source. The proprietary stuff could hurt your marketability.
    Did I mention all the politics and corporate red tape around everything?

    Advice to Management

    Lay off the politics to allow your engineers to get the work done and advance in the company. Treating them with respect and taking their input into consideration when making big changes for the team would be much appreciated.


  7. "Good company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Excellent benefits and interesting projects

    Cons

    No problems here so far

  8. Helpful (21)

    "Sucks"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Quantitative Researcher in New York, NY (US)
    Former Employee - Quantitative Researcher in New York, NY (US)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Two Sigma full-time (More than a year)

    Pros

    None that I can think of. This place is plain hell.

    Cons

    There are so much racism and finance-bro-esque bullying at play that makes it so hard to work at. Unless you are white or Indian, don't go to this place.

    Advice to Management

    Be nice


  9. Helpful (2)

    "Good at marketing, mediocre at execution"

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

    I worked at Two Sigma full-time

    Pros

    The company has a good reputation, driven largely by its own marketing efforts. There are a few good engineers, and the company is willing to support engineering projects.

    Cons

    Overall poor quality management and mediocre at executing on engineering problems. Engineering managers generally aren't strong technically, or good at project management, causing a lot of poor decisions to be made made, which shows in the tech stack. The company is also very secretive and untrustworthy of employees, so it's hard to learn and collaborate with others.


  10. Helpful (6)

    "Quant research"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Two Sigma full-time

    Pros

    - smartest bunch of people gathered under one roof
    - endless learning and opportunities to learn
    - everyone is very friendly and humble
    - feels more like a research institution than an investment manager most of the times
    - the work done here feels very cutting edge and very rewarding

    Cons

    - the problems worked on can be very challenging and open-ended . So it’s not for everyone.

    Advice to Management

    Keep the hiring bar high and don’t compromise