ION Group reviews

2.8

34% would recommend to a friend

(1,216 total reviews)

Andrea Pignataro

40% approve of CEO

34% positive business outlook

ION Group has an employee rating of 2.8 out of 5 stars, based on 1,216 company reviews on Glassdoor which indicates that most employees have an average working experience there. The ION Group employee rating is 27% below average for employers within the IT (Information Technology) industry (3.9 stars).

Reviews by job title

1K reviews
1.0
Jan 15, 2018
Recommend
CEO approval
Business Outlook

Pros

Besides the views from the office..not a lot. Many employees from the taken over companies are experienced, smart, hard working people, who get the short end of the stick, and the owner is oblivious to this.

Cons

So many to mention. They have created this NEW page under ION Group. Anyone out there looking for a career here should read the reviews of ION Trading. You will find a good one here and there, however rest assured that these were written by the crop of graduates that have hired over the past 3-4 years at management mandate. They recently let go a large amount of staff via text and email on New Years Eve. The ones let go from Wallstreet had over 75 years of expertise and experience. What does this say to the remaining staff? Hard work and loyalty gets you nothing. Many employees from acquired companies have received NO raises or bonuses for many years.

1.0
Jun 9, 2023
Recommend
CEO approval
Business Outlook

Pros

- Employees who come to ION through acquisitions are generally professional, competent, and good coworkers. - Employees who come into ION through Leadership Training programs are treated like royalty, and given many perks acquired Employees do not get. - You're rewarded with additional workload if you survive annual layoffs - If you apply for an open job, know that the CEO approves every job opening and job offer because he is a control freak, so you may wait a while to get an offer

Cons

- The CEO is the most unethical professional I've ever worked for. His blatant disregard for following employment laws and finacial regulations is incredible. - The CEO surrounds himself with yes men. No one challenges him, because his temper is legendary and he pays them well. The incompetent ones sometimes leave, but are replaced by another suck-up. - The non-compete agreement employees must sign lists every competitor - and they will try to enforce it, which means you're a prisoner - The US HR team is almost non-existent, Good people, but no support for HR, so they basically just keep the lights on. - So many good companies have been acquired by ION, decimated, and limp along as a shell of what they once were. Employees become demoralized and leave in droves. - ION sucks the cash/capital out of every new acquisition to feed the next acquisition. The greed is incredible, and they are leveraged beyond comprehension.

1.0
Nov 29, 2021
Recommend
CEO approval
Business Outlook

Pros

For fresh graduates you may get some useful experience in a big corporate environment. For those being taken over, you may be lucky enough to be made redundant and have some sort of severance package 💸! If you don't get made redundant, unfortunately you'll be slowly managed out and replaced with off shore fungible/generic resources. This will give you much experience training up your new replacements✅! There are islands of good people who are still left or trapped - The day to day workers on and off shore are still good humans.

Cons

Expect to be given the worst tasks and treated poorly, under the guise of learning 'leadership' - You will likely burn out 🔥 before any tangible benefits to your career. If you're being taken over by ION, ensure to update your CV and get looking - no matter what is promised it will inevitably result in 'cost savings' and mass redundancy 🎯 - This is a cycle well repeated with numerous aquisitions ♻. The middle management is dire and seeking to keep their roles as long as possible; you'll often see mad panics prior to any meeting with the senior mgmt/board. This results more often than not in expected all nighters and 'just get it done' attitude, usually cutting corners.

Viewing 52 - 54 of 1,216 Reviews

Glassdoor has 1,348 ION Group reviews submitted anonymously by ION Group employees. Read employee reviews and ratings on Glassdoor to decide if ION Group is right for you.