Waste of 3 years - Securities Operations Specialist Piper Sandler Employee Review

1.0
Feb 11, 2020
Recommend
CEO approval
Business outlook

Pros

Free trading but now everywhere gives you free trade. My chair in my cube was comfortable.

Cons

Company says one thing and does another. Constant revolving door of employees coming and going. Only way to get more money is the leave. Benefits were so terrible. I can only imagine if you had a serious medical condition occur you would be bankrupt unless you had a rich family member. Only way to get a promotion is to have attended Ivy league school or have an Uncle or someone you know who is already in investment banking or research.

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2.0
Apr 9, 2026
Recommend
CEO approval
Business outlook

Pros

It's nearly impossible to get fired. After many years, the IT department has hired a diverse team. Coworkers were intelligent and ethical.

Cons

Unusual that, until after Covid, the IT department was about 95% Caucasian, but now the diversity seems to be due to the ability to lower salaries, and worsen work/life balance. Management will only promote yes-people, or hire from the outside. It's akin to working in IT in 1990s, there is little process or structure. Laptops weren't given to IT until after Covid (yes you read that right), and when they were handed out, they were the used laptops from revenue generating departments that had been upgraded. It was a very chaotic environment.

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