PEAK6 reviews

Upper management who are clueless and do not care about their employees. The office politics were absolutely ridiculous and there was some kind of restructuring every single year.

1. Compensation is far below standards in prop trading. It is also very opaque so it is very difficult to know exactly all of the variables that affect your compensation. 2. Enormous paradox in how they operate. They claim to be constantly evolving and looking to develop new strategies/ideas but in reality, this couldn't be further from the truth. They have been doing the same strategy for 20 years and any idea that radically strays away from that is shut down. 3. They treat employees like garbage. People are often fired without warning and there is no severance package to soften the blow. They take you into a room for a meeting and you are not allowed to go back to the desk afterwards, not even to grab your things. You are led outside while someone from HR collects your belongings and brings it out to you. 4. Nonexistent career opportunities. No transparent path for going up the ranks. Senior management is essentially a group of friends that knew each other from college or previous firms.