Point72 reviews

4.0

62% would recommend to a friend

(524 total reviews)

Steven A. Cohen

81% approve of CEO

60% positive business outlook

Point72 has an employee rating of 4.0 out of 5 stars, based on 524 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Point72 employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

524 reviews
1.0
Nov 9, 2018
Recommend
CEO approval
Business Outlook

Pros

-High Salaries -Plentiful Resources (Expensive datasets, generous personal device budgets, work lunches, etc.)

Cons

-Tech debt: the majority of analytical processes exists as stored procedures in SQL -Management is obsessed with Deep Learning without experience in any of the basics -Behind the curve in terms of using alternative data (herd following) -Bro culture -Resume inflation -Substandard technical screens for new hires -Emphasis on hearsay over experience

1.0
Feb 3, 2016

Black Women Need Not Apply

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great health benefits. They offer tuition reimbursement. The office is in a convenient location. They have a cafeteria on site and free snacks.

Cons

Based the experiences of myself and others, it's pretty clear women who are black or mixed with black will never get a fair chance at Point72.  The firm's discriminatory practices are sometimes blatant but oftentimes veiled. My impression is many managers and senior management advocate soft bigotry of low expectations where black women are concerned.  Black women are denied opportunities for growth and development and repeatedly subject to double standards.  Regardless or how much more deserving we were (than others) of a more promising role, we were not granted that opportunity. They repeatedly find ways to justify their biased approach. While others are groomed and provided with tools and tutelage to expand their knowledge base and progress, black women on the other hand were (and still are) kept down and oftentimes had to deal with obstacles and hindrances placed intentionally to result in failure. They would rather assist, groom then promote someone is not a black female - despite that individual's struggles and absence of true potential - than to groom a black female who is more experienced, shows great potential and has met and exceeded expectations time and again. To top it off we were subject to their resentment if we gave them any indication that we are intelligent and capable of far more than the menial role they pigeon hole us in - as if being subject to their discriminatory practices wasn't enough. If you advocate soft bigotry of low expectations where black women are concerned, then you will fit in perfectly at Point72

avatar
Point72 Response
10y
Thank you for taking the time to write a review about Point72. We care deeply about our culture and work environment, and sincerely appreciate all feedback that helps us to build on our (considerable) strengths, and to improve when we fall short of our stated Mission, which includes “offering the greatest opportunities to the industry’s brightest talent.” You write with great feeling about unfairly being denied opportunities for professional growth, and about “the soft bigotry of low expectations”. You also expressed the view that your experience was not unique, and that black women in particular are systematically denied opportunities afforded to other, less qualified people. I don’t know the facts of your case so can’t respond directly, other than to assure you that I am truly sorry that you had such a negative experience here. I can say, with absolute conviction, on behalf of the entire Point72 senior management team, that the kind of environment, attitudes and behaviors you described are utterly at odds with our values, and will not be tolerated. I have personally undertaken a review of promotion patterns and related data to identify and address any areas of the Firm where opportunities for growth and development are being influenced by anything other than merit. If you would be willing to share more details regarding your personal experiences, I will investigate and take appropriate steps to address any behavior or practices that are inconsistent with our values. Sincerely, Michael Butler Head of Human Capital michael.butler@point72.com
1.0
Dec 2, 2016

I pass

Recommend
CEO approval
Business Outlook

Pros

Office close to Grand Central, matching 401K, industry standard pay. Low performance expectations.

Cons

I worked in the quantitative business, Cubist Systematic Strategies, of Point72. There are several PM groups, and each group is different. I found my group too political for my comfort. Moreover there is a decent turnover in technology and support groups. Makes it difficult to work if you are working with one of these groups on a long term project.

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Glassdoor has 649 Point72 reviews submitted anonymously by Point72 employees. Read employee reviews and ratings on Glassdoor to decide if Point72 is right for you.