Optiver reviews

3.7

60% would recommend to a friend

(572 total reviews)

58% positive business outlook

Optiver has an employee rating of 3.7 out of 5 stars, based on 572 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Optiver 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

572 reviews
5.0
May 13, 2018
Recommend
CEO approval
Business Outlook

Pros

Top of the industry as displayed by both its financial results as well as the eagerness of competitors to poach Optiver employees. Optiver nowadays sets the standard in many of the markets in which they are active. In my opinion a lot of the competitors lack a vision beyond trying to copy what Optiver does. Optiver has a flat corporate structure which allows traders to get a lot of responsibility right from the start. This offers great upside potential for people who are hard working and eager to learn as supposed to a career in a more corporate environment such as an investment bank. Desks are setup as teams which promotes knowledge exchange and cameraderie. Transfers between offices is something which is actively promoted by management. It offers you the opportunity to grow both on a career and personal level.

Cons

Long hours which are (unfortunately) an industry standard. Relatively low base salary compared to industry standards, although variable pay more than makes up for this and is among the best in the industry.

5.0
May 10, 2018

Hard to imagine better.

Recommend
CEO approval
Business Outlook

Pros

Great work hard-play hard culture. Fun collaborative environment. Great career opportunity. Most intelligent people I've worked with.

Cons

Sometimes you work long hours. But it's not enforced, more just if you want to be the best you have to put in the work to get there.

1.0
Apr 10, 2018

Hectic workplace with no tech culture

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some decent perks: on-site barista, weekly chair massage, 30 vacation days. Lunch is cheap (not free) and most of the time it’s ok, but the choice is very limited. Sometimes you’ll only get something deep fried or a burger. The annoying thing is that they also limit the amount of food people can take, sometimes there’ll be a sign saying ‘1 piece per person’. The pay is decent for Dutch standards but not quite top-notch if you consider working in other countries and not just the Netherlands. Even in NL the compensation is already lagging behind the competition. A bonus is a big part of the compensation and can be taken away for any reason. There are still some pretty smart people working there, although more and more leave the company.

Cons

The company is constantly and deliberately understaffed. Even though your pay may be not the worst, as a software developer you’ll be doing at least a 3-person job - you’ll be a developer, project manager, and user support specialist. There’s pretty much no planning, things are done in a hectic way, it’s often unclear what needs to be done to move forward with a task/project. Optiver is a noisy and distracting workplace, it’s considered ok to have loud conversations when others around are trying to concentrate. There’re very limited options to work from home or away from desk, you won’t get a laptop or decent phone. While I worked there, there was a major reconstruction of the office being done, both outdoors and indoors. During that time sometimes it was virtually impossible to concentrate - there was loud sound of drilling, toxic smell of paint or burned plastic, extremely low temperatures during winter, even workers listening to radio during office hours... The company didn’t do anything to minimize these inconveniences, probably breaking quite a few workplace laws in the meantime. The technology stack they use is very limited and outdated. There’s no room for trying out new things in tech; they constantly emphasise that they’re a trading, not a tech company, and technology is just a tool to accomplish the business needs. They have pretty much non-existent IT support, you have to figure all out by yourself and the developer machine setup is very inconvenient. Projects in some teams can be interesting if you’re lucky but there’s also a lot of work done due to regulatory requirements or for ‘political’ reasons. The company is very hierarchical, even though it’s advertised as having a flat structure. The teams, instead of cooperating, often are very competitive against each other; between different offices (e.g. Amsterdam and Sydney) there is pretty much no cooperation at all. They are quite obviously favorizing Dutch employees; even though the Dutch comprise quite a bit less that 50% of the staff in Amsterdam, somehow the vast majority of team leadership/managerial positions are given to the Dutch. Overall, maybe it’s not the worst place to work and you can definitely make an impact there, but all the cons are just too much to make you want to stay there.

Viewing 439 - 441 of 572 Reviews

Glassdoor has 822 Optiver reviews submitted anonymously by Optiver employees. Read employee reviews and ratings on Glassdoor to decide if Optiver is right for you.