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      Algorithmics

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      Algorithmics Reviews

      3.8

      59% would recommend to a friend

      (49 total reviews)
      avatar

      Stephen W. Joynt

      79% approve of CEO

      44% positive business outlook

      Ratings by category

      3.7

      Culture and values

      3.7

      Diversity and inclusion

      3.6

      Work/Life balance

      3.5

      Senior management

      3.5

      Compensation and benefits

      3.4

      Career opportunities

      Algorithmics has an employee rating of 3.8 out of 5 stars, based on 49 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Algorithmics employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

      Reviews by job title

      49 reviews
      2.0
      Jun 3, 2011

      Algo is a shadow of what it used to be.

      Financial engineer
      Recommend
      CEO approval
      Business outlook

      Pros

      Great people in the software and financial engineering side. Good documentation Good work life balance Casual attire Some traveling

      Cons

      People with no financial or software development knowledge have recently been assigned senior management positions. They are making very poor decisions and alienating the employees. This new management has created a poisonous environment and many good people have left Algo in the recent couple of years.

      2.0
      Apr 22, 2011

      Ok mostly for junior staff

      Senior software engineer
      Recommend
      CEO approval
      Business outlook

      Pros

      * Flexible hours. * Opportunity to learn a lot for junior staff. * In general, people are very polite. * In general, people will share some knowledge.

      Cons

      * Lack of planning and management. * Salary is acceptable to low, compared to similar companies in the same industry. * No work life balance, * No opportunity to advance, unless you've spent a long time with the company. * Very few Software Engineers are actually good. * No code reviews, virtually no communication, isolation. * Most employees don't really understand how their work impact the business, they just write code.

      5.0
      Oct 27, 2008

      Algorithmics: we even make banking and IT hip!

      Software engineer
      Recommend
      CEO approval
      Business outlook

      Pros

      Toronto headquarters are in a fashionable downtown district, the interior design is open plan loft with Persian carpets and soft lighting - this is relevant since this reflects management's given careful thought to productivity and a nice work atmosphere! The people Algo employs are generally young, sociable, hard working and polite people, few back stabbing corporate climbers. Staff "churn" is very low, people like it here and stay for years since we're all given the chance to progress our careers (even internationally). Algorithmics compensation package is extremely good and management do their best to be transparent regarding quarterly targets so staff can see how well the company is performing.

      Cons

      Frequent national and international travel for most Professional Services staff. Mid-level management is rather bloated which can hamper timely decision making. Poor communication between headquarters and satellite offices on all levels.

      Viewing 1 - 3 of 49 Reviews
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      Glassdoor has 58 Algorithmics reviews submitted anonymously by Algorithmics employees. Read employee reviews and ratings on Glassdoor to decide if Algorithmics is right for you.