Equilend reviews

3.6

67% would recommend to a friend

(110 total reviews)
avatar

Rich Grossi

73% approve of CEO

71% positive business outlook

Equilend has an employee rating of 3.6 out of 5 stars, based on 110 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Equilend employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

110 reviews
1.0
Jan 15, 2025
Recommend
CEO approval
Business Outlook

Pros

Nothing Good Here You Will Just Work and Work

Cons

Not a good Place to work Dont Work here

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Equilend Response
1y
Thank you for your feedback. We're sorry to hear that your time with us felt so difficult. At EquiLend, we have a range of support systems in place including trained managers, a responsive HR team, and access to additional resources where needed. This is to help employees manage challenges and succeed in their roles. We know there’s always room to do more, and we take concerns like yours seriously as we continue to strengthen how we support our people.
1.0
Oct 20, 2024
Recommend
CEO approval
Business Outlook

Pros

I can’t think of a single pro for this company that you wouldn’t find in another company. I guess the office is in a good location?

Cons

New owners are gutting the company and firing some of the founding members of the company in an effort to run things cheaper. By that same token, the client services team is underfunded and under supported. Two team members left at once in April and Equilend did not backfill the roles, leading to burnout across the rest of the team members (all of which had less than 3 months tenure). We were basically left to flounder. Now that I have left I understand they plan on replacing my role with one outsourced in India. I have also heard that the company plans on outsourcing MANY more jobs to India so they can save money. This leads to a disconnected team, where you don’t even know who you’re working with, which is hard when you need help. One of the London managers for this team has a bad habit of isolating a team member during meetings and picking apart work they completed to embarrass them publicly. It’s not a good environment to work in. Teams largely don’t talk to one another due to time zone differences. The company was hit by a cyber attack this year due to their lack of preparedness and outdated security. As a result of this we have been told that all of our bonuses would be impacted due to the loss of revenue. So the average joe employee is paying the price of their laziness. Training materials and documentation are a joke. I was lied to about the role I applied for. BEWARE THE CLIENT SERVICES ROLE. You will be expected to perform IT work alongside your responsibilities for no extra pay or thanks. You will have to answer client calls all day on a phone system that does not work but the company will not invest in a better one. Your working hours will be an hour or two longer than every other department at the company. They WILL NOT provide you with equipment. You are expected to provide all equipment yourself. Their Remote Days scheme is poorly implemented and restricts employees from moving further from the office as they will need to be in office 3 out of every 5 weekdays. The pay and compensation is NOT competitive for the work and skillset required. Other companies compensate 10k higher and offer better benefits too. The employees will say “the company will take care of you” but there are no opportunities career advancement within the org.

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Equilend Response
1y
We are disappointed to hear that you did not have a better experience during your tenure with us. We take all feedback seriously and are always looking for ways to improve as the business grows and evolves. At EquiLend, we pride ourselves on being a global and inclusive firm with employees all over the world, including Ireland, India, Hong Kong, Japan, the United States, Canada, the UK and beyond. The global nature of our business means staff collaborate closely throughout the workday with team members across different locations, which can present unique challenges but is key to our success in serving our clients all over the world. Most staff find this to be a rewarding experience, which is reflected in the overwhelmingly positive feedback we receive in the annual Great Place to Work surveys of our employees. We have heard your concerns, and they are being discussed with the relevant employees. If you would like to discuss your experience further, we encourage you to contact us at human.resources@equilend.com.
4.0
Jun 3, 2024

Work environment

Recommend
CEO approval
Business Outlook

Pros

Great people to work with.

Cons

Work culture need so work on.

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Equilend Response
1y
Thank you for your feedback it's great to hear you’re enjoying the team and the people you work with. We agree that culture is always a work in progress, and we’re committed to building an environment where everyone can thrive. If you have ideas or feedback to share, please reach out to your local HR representative or connect with us at human.resources@equilend.com - we’d love to hear from you.
Viewing 52 - 54 of 110 Reviews

Glassdoor has 119 Equilend reviews submitted anonymously by Equilend employees. Read employee reviews and ratings on Glassdoor to decide if Equilend is right for you.