Albridge Solutions Reviews | Glassdoor.co.in

Albridge Solutions Reviews

Updated Dec 12, 2016

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Found 20 reviews

1.9
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5%
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Albridge Solutions CEO John Brett (no image)
John Brett
9 Ratings
  1. Helpful (1)

    "The times they have changed"

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

    I worked at Albridge Solutions full-time for more than 5 years

    Pros

    Dedicated, hard-working associates in the IT and Business departments. Good collaboration between functional groups. Good annual bonus model and 401K plan.

    Cons

    Low ratio of onshore to offshore staff is not sustainable, onshore teams are being over-worked and stretched. There is a lack of a sound business plan, most of the work done is reactionary not strategic. Firm has lost a lot of senior leadership and intellectual capital over past several years. Replacements from the parent company and competitors have not been able to successfully fill the void. Annual salary... increases are miniscule, well below rate of inflation increases. Work-life balance needs improvement.

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    Advice to Management

    Albridge was once a great company to work for but has really fallen off the past several years. Communicate more openly with the staff and have realistic expectations of them. Be more open to flexible working relationships. Improve career growth opportunities for associates.

    Albridge Solutions2016-12-12
  2. "Financial Services Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     

    I worked at Albridge Solutions

    Pros

    Very laid back atmosphere, company bought lunch for everyone once a week, very friendly people

    Cons

    Feels like you are almost stuck there, minimal mobility. Pay is not that great

    Albridge Solutions2016-10-12
  3. Helpful (2)

    "..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Service and Operations in Lawrenceville, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Albridge Solutions full-time for more than 8 years

    Pros

    The location, Central Jersey, is ideal for commuters and recruiting talent that avoids traveling in to Philadelphia or NYC. The starting salary is competitive. The product is certainly one to be proud of, specifically in how it services the financial services industry. Some decent middle managers. The firm is very educational from a technology, financial services and project managdement perspective if you are... willing to learn. There is an opportunity to learn many skills if you take advantage of the roll up your sleeves and get dirty atmosphere. The stability of a large bank and clearing firm as affiliation and parent company creates an overal stable environment for employment.

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    Cons

    Middle management is either dead weight or hands tied. The backfill of open positions is a delayed process and one that prohibits backfills on a 1:1 basis. Politics plays a major role in any form of promotion. Salary caps cause position based promotions to be lateral in compensation, unencouraging. Most of those who built Albridge out from the award winning start up it originated as, are long gone, except those... looking for glory and recognition versus a true successful company and product with engaged employees. Many who did not confirm were managed out.

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    Advice to Management

    Tough to say. Growing my career there for the amount of time I did, I was able to witness the Albridge of old, and the transformation in to the Albridge of today, an affiliation to Big Brother. If there was any way to dissassociate policies from that of Pershing, it would go a long way. But, with attrition, that's probably a moot point for current associates.

    Albridge Solutions2016-02-24
  4. Helpful (3)

    "Culture and people are high negatives"

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

    I worked at Albridge Solutions full-time for more than 5 years

    Pros

    Competitive salary - but comes at a price - your pride. Pay is decent and many people are overpaid for what they bring to the table

    Cons

    Everything else. Horrible mgmt. a parent company with Pershing that is even worse. All politics. No respect for the employees. Dirty office. No talented people. No passion.

    Advice to Management

    Actually invest in the company vs just keeping it barely alive. Treat your clients like they matter. Fire empty suits who talk high level and don't know anything lower than that. You have a lot of those.

    Albridge Solutions2016-03-05
  5. Helpful (3)

    "Down hill"

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

    I worked at Albridge Solutions full-time for more than 3 years

    Pros

    People you work with are nice. Good flexibility to work from home. Good vacation and 401k policy. Small environment so people can get to know each other .

    Cons

    Poor Management company is trying to save every little penny and they are treating their employees poorly. Bad raises even if you do well on your performance review.

    Advice to Management

    Treat your people so they stop leaving

    Albridge Solutions2015-10-30
  6. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in Lawrenceville, NJ

    I have been working at Albridge Solutions

    Pros

    great work life balance, never had to work over time in the group. Had a great boss and worked at my own pace. Was only a handful of other interns in the office.

    Cons

    Limited projects you can take on due to the business model of the company so I didn't come across any projects I was very interested in. Didn't have much work to give to the interns.

    Advice to Management

    Keep on treating your employees well. Structure the internship program to have more assignments for them to do. I didn't feel challenged with the projects I was given.

    Albridge Solutions2015-10-19
  7. Helpful (2)

    "Insight"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Project Manager (PMO) in Lawrenceville, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Albridge Solutions for more than 10 years

    Pros

    John Brett will give an Amazing speech about the wonderful success and progress. Senior managers will excite you with a vision they have of the progress about to be made. And with a pulse, you can be a VP...

    Cons

    When the going gets tough, the tough get going. The smart left long ago. The little kingdoms the managers have set up for themselves work well said no one ever. Managers want to protect mort than contribute so don't cooperate. The good employees of old who built it left for Scivantage, Billtrust, and others. As a Project Maanager, teams were more concerned with overestimating time and then undelivering results. ... Or tie up projects in processes created as you go.

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    Advice to Management

    None. They wouldn't listen anyway. But of Pershing listened, fire the directors and senior managers. Then enact a survivor game to pick new leaders.

    Albridge Solutions2015-11-01
  8. Helpful (6)

    "Snr Management couldn't care less about employees but they read a lot of books with catchy buzzwords and slogans"

    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 Albridge Solutions full-time

    Pros

    - There are a handful of very smart, hard-working individuals that have previously and can still make a difference, provided they don't leave - a few good middle managers are left that care about their staff but they aren't part of the Pershing inner-circle so they have very little influence - free ice cream when the AC broke for the 4th time in 2 months

    Cons

    - the smart, hard working mentioned above are relied on too heavily and are burning out. When people raise concerns they are essentially told "if you don't like it you are free to look elsewhere for work". then when they take that advice and leave, snr management gets pissed off and offended that somebody dare leave the magical world of Pershing - inconsistent with making counter-offers (although I'm not a fan of... counter-offers at all). they counter the people they should let go and don't counter the truly valuable employees - mostly incompetent management from top to bottom - senior management constantly contradicts themselves (e.g. "we're a total comp company so your bonus will drive your comp increases" then they say "bonuses aren't guaranteed") WHAT?!?! - snr management plays favorites and protects "their guys/ladies" despite blatant incompetence - individuals with absolutely no people manager skills are placed into management position - snr management only wants "Yes-men", they don't want people that offer additional points of view or have the ability to think critically - decrepit building with less modern conveniences than Fred Flintstone's cave - unprofessional CEO that will berate people in meetings in front of their peers and teams for seemingly no reason other than to remind everyone that he's the boss - too disenchanted to list any more, I think you get the picture

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    Advice to Management

    I would suggest you listen to your employees because they are telling you exactly what they want/need in every annual engagement survey you force us to take and then summarily ignore. the truth is that many have tried to offer advice but it is held against them, so people are now afraid to speak up

    Albridge Solutions2015-08-21
  9. Helpful (8)

    "Used to be a great place to work"

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

    I have been working at Albridge Solutions

    Pros

    There are still some very intelligent, hard-working people, though fewer and fewer as time goes on. Competitive pay for the location.

    Cons

    Too many of the people mentioned above are doing all the work, while others sit around and collect paychecks. Senior management plays favorites and doesn't really know what's going on in the trenches. The culture seems to be moving away from getting stuff done and more about making it look like you're doing something. CEO has a very high opinion of himself and doesn't have much time for the ones doing the heavy... lifting, regardless of where his office is.

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    Advice to Management

    Recognize the important, hard-working individuals you have there before it's too late. Make a decision between servicing all Albridge customers or just the new, large Pershing clients. Don't forget who helped make Albridge what it is today.

    Albridge Solutions2015-01-28
  10. Helpful (8)

    "Not good"

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

    I have been working at Albridge Solutions

    Pros

    Salary is fair, but other companies in the area have caught up.

    Cons

    Where to start. I work on the IT side of the house. It's fairly horrible. Bad managers who love to throw around words like agile, devops, cloud, but have no idea what they mean, much less how to implement. Most live to just kiss the ring of the cio's. All the good people have left, the ones who remain are either afraid of change or are just the crap left from the old regime. The facility is horrible. It's nice to... see other companies renovating in the building, but our suites are shabby, dirty, and old. It screams the opposite of technology. So many people without a clue making decisions. The sad thing is that with a few good hires, it could be turned around! But with the current managers in Dev, good ideas are not recognized and visionary changes are too much for them to get passed through the CIO chain and massive beaurocracy. Get used to the same people on the business side being recognized every single meeting. Its embarrassing at this point. With the market picking up I see lots of resignations on the horizon.

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    Advice to Management

    Honestly, no idea. Your "people" are frustrated. Your leadership is not working out well.

    Albridge Solutions2015-02-15
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