ION Group reviews

2.7

32% would recommend to a friend

(1,215 total reviews)

Andrea Pignataro

40% approve of CEO

32% positive business outlook

ION Group has an employee rating of 2.7 out of 5 stars, based on 1,215 company reviews on Glassdoor which indicates that most employees have an average working experience there. The ION Group employee rating is 30% below average for employers within the IT (Information Technology) industry (3.9 stars).

Reviews by job title

1K reviews
1.0
Apr 15, 2019

Stolen Bonus

Recommend
CEO approval
Business Outlook

Pros

The take over not yet fully complete. Staff cuts not yet taken place. Since the Robert Maxwell incident, there are legal safeguards in place to (hopefully) protect our pension.

Cons

Fidessa recently taken over by ION. They delayed annual bonus (earned prior to takeover) before eventually saying it wouldn't be paid. Fidessa board recommended takeover with sole consideration being the price of their own equity in the company. Millions in company equity to outgoing management -paid for by removing annual bonus from staff No information from management

1.0
Apr 13, 2019
Recommend
CEO approval
Business Outlook

Pros

Sanjay Chikara Sir is the only motivation to work in this office - He is a go-to guy and always ready to help. The company pays well, definitely not the paymaster. If you know your work you still are averagely paid out. Paymaster for mediocre and average talent. Free coupons to Marathons.

Cons

- No learning opportunity/still working on old age niche products. - Most people working here from 3-4 years are arrogant and don't have a healthy spirit to work as most of the intelligent and good people have already moved out. and seeing no professionalism the new talent they hire from colleges moves out within a year. - Old age slow-witted managers who don't focus on the quality of work rather on timings when you are coming and leaving office. - No future road map. - Irregular payout cycles - Appraisal due in March might happen in June or later. And even if you get to know your number of appraisal to be paid out from March month and if you resign before 30th of paid out month lets suppose - you resign on 29th June and arrear from March after your appraisal was to be paid on 30th June. They will hold your appraisal numbers and revised compensation. - Finance and HR departments suck - No policies. If you have any issues HR will not act as an ombudsman rather would discuss your problem with colleagues and your manager. - No exit policies - eg. If you leave 29th of the month your accrued holidays won't be prorated. They will simply not count that month in holiday calculation. - Support and Operations people are valued below average here. There is no value for their work. No work life balance. I have seen multiple CSA going through depression here. Definitely won't suggest anyone join support role here. - No free food / or food coupons. - Cab facility at odd timings only.

1.0
Apr 12, 2019

Horrific!!!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Leaving! Also it will make you really appreciate your next job!

Cons

Joining. This is not a financial software platform supplier, it is a financial engineering company setup for the benefit of the owner and hardly anyone else. There about 8 other highly paid managers who have no power, and you can tell who they are because they are always yawning and look like they will fall asleep at any moment having worked 17 hours days for as long as they can remember. The company is completely dysfunctional.

Viewing 1129 - 1131 of 1,215 Reviews

Glassdoor has 1,347 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.