GreySpark Reviews

Updated 18 Jan 2021

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3.0
47%
Recommend to a Friend
56%
Approve of CEO
GreySpark Managing Partner Frederic Ponzo
Frederic Ponzo
28 Ratings
  1. "Mixed"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Consultant in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at GreySpark full-time for more than a year

    Pros

    Some committed loyal intelligent staff

    Cons

    Pockets of greatness but didn't seem to become more than the sum of its parts which is a shame

  2. "overworked, underpaid and given uninteresting projects"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst Consultant 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at GreySpark full-time for more than a year

    Pros

    Nothing good to say. At the interview they promised me interesting work but it was all talk just to make the company sound good

    Cons

    All the promises were broken: repetitive projects where you don't learn much, no pay rise, and more importantly next to no support, training and development. Seems like they had no money to invest in this. A lot of the people there are not happy and management provides no support, this explains why there is a high turn around for staff. don't waste your time with this company

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  3. "McKinsey for Wall Street"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at GreySpark full-time

    Pros

    Good Place for people who want to have exposure for Consulting, investment banking and IT Nice manager who cares about your Career; opportunity to work in multiple investment bank even for juniors Good reputation for client; good work-life balance;

    Cons

    need a new coffee machine for office

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  4. Helpful (3)

    "Awful experience, just stay away"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Hong Kong
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at GreySpark full-time for less than a year

    Pros

    Working hours are relatively short

    Cons

    No training, no guidance from management, and no career path, and very low yearly pay raise. Don't waste your time here, almost everyone here are very unhappy.

  5. Helpful (1)

    "Works are under expectation"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst Consultant 
    Doesn't Recommend
    Neutral Outlook

    I worked at GreySpark full-time for more than a year

    Pros

    Good opportunities for project pitching.

    Cons

    No guidelines and training. No effective performance review. Limited work experience. Non-effective management on onsite employees. Limited promotion changes or biased treatment on employees. Less leadership for the manager.

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  6. Helpful (2)

    "Not what it's cracked up to be"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst Consultant 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at GreySpark full-time for less than a year

    Pros

    They provide benefits and the Head of HR is understanding.

    Cons

    The partners have come from telecommunications and try to win projects in financial services, with no real expertise. The managers they assign are awful, with a selfish attitude. The Partners don't even present themselves in a professional manner. No real leadership or strategy to the firm. They keep employees on projects just for the sake of making money.

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    GreySpark Response

    June 10, 2019CEO

    Dear former colleague, thank you for another interesting review that contains two truths, one mistake, one slur and one misconception. First, the truths: - it is absolutely true that our head of HR is a fantastic person who deeply cares about all our colleagues - and that the firm offers a comprehensive benefits package to all employees Second, the mistake: None of the Partners has ever worked in Telecoms: - I have been working without interruption in capital markets since 1998 - our CFO had been working in capital markets since 2000 - the Partner in charge of the UK and US businesses has been working in capital markets since 2005 - the Partner in charge of the Asia-Pacific business has been working in capital markets since 2007 - the only project we ever did for a Telco company was for their FinTech/Digital Financial Services business - GreySpark wins and delivers dozens of projects every year in financial services, has done it consistently for a decade and is proud to count the biggest names in global finance as reference clients. Third, the slur: - our managers are neither awful or selfish, and they are definitely not "assigned". They are instrumental in winning projects and deliver, together with their teams, the projects they won. They are genuinely nice individuals who are invested in (and rewarded upon) the success of their teams and of the firm as a whole. Finally, the misconception of what consulting is: - all professional services (PS) firms - from McKinsey, to EY, to law firms and to ... surprise, surprise .... GreySpark - earn a living by working on projects for clients and charging fees for the worked done - the consultants (a.k.a. the fee-earners) ARE the business; they are the producers that generate the entirety of a firm's revenue - therefore, a consultancy whose practitioners are not expected to perform any billable work will very quickly disappear As per your advice, it is actually spot on: GreySpark will keep on trying to win and, indeed, winning projects in our actual field of expertise: Financial Services. Since 2009, this has always been, and remains to this day, our vision and strategy.

  7. Helpful (1)

    "Decent environment to realise your full potential"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at GreySpark full-time

    Pros

    GreySpark has a strong culture in terms of ideas and knowledge sharing. People have the opportunity to contribute, to be challenged intellectually and to learn, leading to a natural tendency towards thought leadership and being in step with the current (and future) challenges that our clients have to contend with. GreySpark is an international firm with a client-centric approach and is able to successfully partner with its customers on global mandates in key financial hubs including London, Hong Kong and New York.

    Cons

    Although GreySpark has a comprehensive career ladder framework which caters for people that can progress via a "Management / Commercial" track or an "Expert" track, continued investment in helping people to think of themselves as a "business owner" and not just an "employee" will help to define the mentality of whether people embrace the opportunity with GreySpark as a business opportunity as opposed to just a day job.

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  8. "It is not what your manager can do for you, but what you can do for GreySpark..."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Managing Consultant in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at GreySpark full-time for more than 5 years

    Pros

    GreySpark is my 2nd longest service out of all the diverse firms I have had the pleasure to work in the longest was 8 years. I started with GreySpark with a mindset that I wanted to bring my experience into a firm I could help develop their business. It was very important to me to feel counted and recognised, because I did not want to be just one 'ant' out of the 100's 1000's all trying to make a difference. GreySpark has the environment and the best people to challenge your thinking, be better than yourself, and break out of your comfort zone. For me that was more important than any training program, or structured appraisal system, which although is important it is not everything...

    Cons

    I recognise that not everyone has the same ambitious goals and they depend on managers not to lead but to guide them. Like with many firms it is very difficult to create a culture and maintain it that provides the elements to inspire people, expand their thinking, and learn to develop themselves a realisation their current skills and capabilities are a building block to bigger and better things. Simple concept, hard to implement...

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  9. Helpful (6)

    "Stay Away! Getting Out ASAP."

    1.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at GreySpark full-time

    Pros

    Some genuinely nice and smart people but not too many left.

    Cons

    There are a lot - lack of vision, lack of transparency, no communication, the comapny misleads employees/potential employees about earning power/career growth - but Ill give the big one: GreySpark sent out an email announcing that redundancies would be started the next day at work….there hadn’t been any warning beforehand. Yet the next morning, new candidates were being interviewed in the office while long-term GreySpark employees were being ‘put at risk’ in the next rooms. The office has glass doors – everyone knew what was happening. That says everything you need to know about this company. Who doesn’t cancel interviews when you’re making a large amount of your employees redundant that same day?! That is next level antipathy and heartlessness. Some employees who were told they still had jobs were still let go a few weeks later and a mass exodus is currently underway……

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  10. Helpful (4)

    "Great growing company with true opportunity."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Approves of CEO

    I have been working at GreySpark full-time for more than a year

    Pros

    I would never write a review like this normally, but some of the past reviews are spiteful, untrue and are from employees who have rightfully been let go. -The company is a true meritocracy and entrepreneurial environment, where you can learn from some true though leaders of the financial services sector. - The company is very well respected within its client base and are industry leaders when it comes to electronic trading. -Working here you will gain exposure to some of the worlds largest financial intuition’s on a variety of interesting projects -Some excellent training on offer

    Cons

    I am not saying that everything about the company is perfect, but I believe that the structural issues that hindered the company have been fixed. People who want things to be handed to them on a plate won't progress quickly, but I don't necessarily think that is a bad thing. Hard work is rewarded.

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    GreySpark Response

    July 18, 2018CEO

    Thank you for taking the time to provide feedback. I am glad to see that you have found in GreySpark a place where you have been able to learn, progress and also enjoy. This is the kind of environment that the partners of the firm dreamed of building almost a decade ago and strive to maintain, even for the people who are only with us for a part of their professional journey.

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