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BlueCrest Capital Management

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Toxic, Soul Destroying - Anonymous employee BlueCrest Capital Management Employee Review

1.0
Nov 19, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Office is close to public transport.

Cons

If your ideal place of work is a money factory driven by fear, loathing, a palpable sense of “them and us” whilst being overseen by apathetic, incompetent middle management, then Bluecrest is the place for you. Original thought and ideas that could significantly benefit the firm are suppressed or disregarded leaving a fertile ground for mediocrity and complacency. As a result, high turnover of the most dedicated and brightest minds continues apace, with both 2017 and 2018 seeing a brain drain of the very people the firm should be looking to hire and retain. Couple this with the annual threat of the "November Process", a truly indiscriminate and farcically administered staff redundancy round, you have an incredibly toxic working environment ripped from the pages of Orwell himself. The result of this means that technology is woefully inadequate and is developed at a pace that beggars belief for a firm this size. Again, this is compounded by mis- and micro-management. Finally, the fund rakes in 50% annual returns, however, total compensation packages for even outperforming “Support” staff, those who actually want to and do make a difference, do not even match the rate of inflation.

Explore other reviews about BlueCrest Capital Management

5.0
May 30, 2023
Recommend
CEO approval
Business outlook

Pros

People extremely sharp and willing to work on hard problems

Cons

Nothing really in this, positive experiences

1.0
Jan 17, 2025
Recommend
CEO approval
Business outlook

Pros

While the majority of people are smart and friendly, management is soulless.

Cons

No culture, terrible tech, lack of communication from management, management lies about pay while enriching themselves, below average benefits. Any negative cliche you can think of about a company probably rings true for BlueCrest.

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