Does SIMON Markets pay their employees well?

According to anonymously submitted Glassdoor reviews, SIMON Markets employees rate their compensation and benefits as 3.9 out of 5. Find out more about salaries and benefits at SIMON Markets. This rating has improved by 1% over the last 12 months.

How satisfied are employees working at SIMON Markets?

82% of SIMON Markets employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated SIMON Markets 4.5 out of 5 for work life balance, 4.4 for culture and values and 4.5 for career opportunities.

What are the top reviewed jobs at SIMON Markets?

Engineer (2) , Platform Specialist (2) , Quantitative Engineer (2) , Software Engineer (2)

What are the pros of working at SIMON Markets according to real employee reviews?

"Small growing company, fast paced, great people, unicorn" ((in 6 reviews)); "has great upside, nice culture, colleagues are smart and nice." ((in 3 reviews))

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SIMON Markets

SIMON Markets Reviews

4.3

82% would recommend to a friend

(24 total reviews)

Jason Broder

85% approve of CEO

81% positive business outlook

Ratings by category

4.5

Work/Life balance

4.5

Career opportunities

4.4

Culture and values

4.3

Diversity and inclusion

4.2

Senior management

3.9

Compensation and benefits

SIMON Markets has an employee rating of 4.3 out of 5 stars, based on 24 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The SIMON Markets employee rating is in line with the average (within 1 standard deviation) for employers within the Management and consulting industry (3.7 stars).

Reviews by job title

24 reviews

5.0

11 Jun 2021

Good working culture

Deputy project manager

Recommend

CEO approval

Business outlook

Pros

Huge learning scope & great work exposure

Cons

pay packages very less as per current market trend

4.0

8 May 2022

Goldman Sachs Managing Directors make a tech company

Senior software engineer

Recommend

CEO approval

Business outlook

Pros

If you work in Finance and want something a bit faster paced and less hierarchical, you'll really enjoy working at SIMON. Notwithstanding, working here feels like working at a bank (and not a tech company). Upper management has a unified vision for how SIMON should grow, which is reassuring. SIMON is managed top down (typical corporate structure), with procedural formality, which will be shocking for anyone coming from a startup (and expecting a startup). That being said, the vision is itself good. The implementation of that vision however is often jockeyed by what I would call middle management. Teams don't collaborate because they want to, and as a result, work can feel siloed.

Cons

There is a lot of technical debt, with little regard from upper management for how it compounds. SIMON aspires to be a fintech company, but it does not feel like tech leadership is represented in the thought leadership of the company. This results in grueling technical design which must be done to overcome gaps in technical infrastructure. In other words, the SDC at SIMON is slow and arduous, for no reasons other than lack of investment (and perhaps oversight). Leadership feels like people have earned their place either through inheritance via a Goldman Sachs title – or corporate jockeying, less so through excellence. I would expect this from a bank. I would not expect this from a tech company.

3.0

2 Mar 2022

A club run by ex-Goldman Execs who favor ex-Goldman employees

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

- Flexible work/life balance (you can get by doing very little) - Opportunities to feel like you are contributing to projects, initiatives, etc.

Cons

- Success is thwarted by a management team who picks specific individuals to become stars - This is a financial company disguised as a fintech start up (think bureaucracy) - Some big egos here - "Culture" and awards here are bought not earned. As an employee you will not feel the values that the company advertises - The pay is atrocious, much below market value and they will make you believe that this is all they can offer you because it is a start-up. Do not be fooled, SIMON has lots of cash, they just pick and choose where to spend it.

Viewing 1 - 3 of 24 Reviews