StatPro Group Reviews

Updated 15 Jul 2020

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3.1
40%
Recommend to a Friend
68%
Approve of CEO
StatPro Group CEO and Director Justin Wheatley
Justin Wheatley
22 Ratings
  1. "modern-day feudalism"

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

    I worked at StatPro Group full-time for more than 3 years

    Pros

    - The company can innovate and develop products real fast.

    Cons

    The key to understanding StatPro is the fact that despite being (technically) a listed company, it’s very much a Wheatley family company, run with the objective of squeezing as much cash as possible, at the expense of staff. The typical profile of a StatPro employee is a person in early 40’s, saddled with kids and debt, who doesn’t have it in him/her to try any harder. It’s a company of people who decided they’re ambitious to a very specific level, and they’re ready to spend the remainder of their so called careers at StatPro – assuming, of course, the company will carry on as going concern for that long. At any one time 20% to 40% of the London-based staff are in talks with recruiters regarding new jobs. There is a reorg every six months so that mid-level executives can reshuffle dead bodies in the closets, and blame them on the ones who have been ousted Ironically, when every now and then someone critical (and in a small organization, most non-duplicated roles are critical) leaves, the company goes into panic mode, and an opportunity arises to get a really well paying job; the job itself is of course not the objective, it’s the salary multiplier that can then put you in a higher bracket when talking to recruiters. Some years ago the company received “investor in people” designation, but a lot has changed since. The company will openly object to pursuit of any additional qualifications, overload employees interested in pursuit of additional qualifications with extra work, deny unpaid time off etc. etc. and you can forget any reimbursements – you’re studying on your own dime, and at your own peril Another thing you can forget about is a bonus – it’s not gonna happen, ever. Your bonus will be in 1% - 3% region (so basically couple hundred pounds), and your salary will be the same in 3, 5, and 9 years’ time as it was when you first got the job StatPro is an amusing (once you’re no longer there) combination of passive aggression, low self-esteems, and complexes. Passive aggression is de rigeur, that’s the only way anyone relates to anyone, especially along the reporting lines. It can be of some comfort to low- and mid-level employees that what they’re getting from their managers is nothing compared what upper-level managers get from Justin Wheatley. The managers don’t get told off or yelled at though, what they get is far more frustrating (and hilarious) – what they get is their carefully crafted plans torpedoed based on Mr. Wheatley’s whim. Strategic plan, tactical plan, interim plan – they don’t count for NOTHING; what counts is the latest idea the CEO thinks will earn him some recognition in the industry as a “visionary”. Which takes us to complexes – there is no other organisation in the whole world that is more defined by the complexes of its upper brass than StatPro. At StatPro it comes down to 2 main complexes: the Apple complex and the Bloomberg complex. It’s painfully obvious that StatPro ain’t no Apple, and it ain’t no Bloomberg either, and it pains the CEO to no end. There are some hilarious attempts to model the products, the processes, and the company image in the liking of the 2 behemoths, but the results are about as successful as “Soundalikes” trying to sing like Pavarotti. One factor to take into consideration when looking at StatPro jobs, is the fact that the company doesn’t really want to hire UK or EU staff. They’re too confident, too outspoken, they have “rights”, they have options – the company is very actively focused on moving people from its Cape Town office, because, lured with the promise of permanent residency in the UK after some years, they will accept just about any money, any treatment, anything. And they do. Same applies to candidates from the CIS.

  2. "great exposure"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook

    I worked at StatPro Group full-time

    Pros

    family environment, great exposure since start, high expertise of people, client. cutting-of-the-edge technology, smart working,

    Cons

    high turnover, pressure to raise margin up, not well-structured path

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  3. "Almost there"

    3.0
    Former Employee - Analytics Consultant in Cape Town
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at StatPro Group full-time for more than a year

    Pros

    Easy hours. Great team building events.

    Cons

    Poor bonuses. Unfriendly and inaccessible.

  4. "Good Company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at StatPro Group full-time

    Pros

    Nice colleagues and good teamwork

    Cons

    Turnover is pretty high. there are limited promotion opportunities

  5. "Good company"

    3.0
    Current Employee - Anonymous Employee 

    I have been working at StatPro Group full-time

    Pros

    Good to work for,sociable, several opportunities for growth

    Cons

    they are a bit understaffed

  6. "Good Company"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Risk Analyst 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at StatPro Group full-time for more than a year

    Pros

    Multi-cultural Diverse Good Teamwork Good company to start to work

    Cons

    Schedules can be a little difficult.

  7. "Nice Company"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in Wimbledon, England
    Doesn't Recommend
    No Opinion of CEO

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

    Pros

    Work from home, People, Learning opportunities

    Cons

    No salary reviews Vertical structure Lack of long term vision

  8. "A very sad place"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at StatPro Group full-time

    Pros

    Clean physical office space. A few colleagues are very decent people to work with.

    Cons

    Managers are manipulative, and some supervisors severely suffered from Dunning-Kruger syndromes. The pay is very low compared to the market rate. Lack of long term planning and vision; software and communication methods were very outdated let alone being a fin"tech" company. People in the management positions were surprisingly stubborn in upgrading their software methods from 80s to 2000s. Manager gossips certain employees in front of other employees, enabling them to isolate the target, which is definitely a form of bullying. The turnover rate was around 25% a year, and it tells a lot about the place. Unsurprisingly, it's a business going downhill, and the employees can certainly feel it in the office. To cut cost, Statpro's did not streamline the operations, instead, it laid off its only few best people left.

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  9. "Management"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at StatPro Group full-time

    Pros

    They are all absolutely Lovely

    Cons

    The junior staffs Gossips too much

  10. "great package and benefits leave on time"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Consultant 
    Doesn't Recommend
    Neutral Outlook

    I worked at StatPro Group full-time for more than a year

    Pros

    great package and benefits leave on time

    Cons

    poor leadership and communication small office some politics

Found 41 reviews