ION Group reviews

2.8

34% would recommend to a friend

(1,215 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 1,215 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 11, 2018
Recommend
CEO approval
Business Outlook

Pros

I can honestly say that the only Pro was the office views.

Cons

There are a lot of CONs to this company... hence why it was the worst company I've ever worked for... For one, I worked at Reval which is a Treasury Management System (TMS) that got acquired by ION Group. When we found out that we were acquired by ION, there was a sense of panic amongst the team - not because we were being acquired but because we were being acquired by ION. There were rumors that ION acquires companies and basically guts them (no promotion, no raises, no bonuses etc.)... When we came over to ION, the CEO (Andrea Pignataro) never welcomed us or even addressed us. In fact, the people that were already at ION did not even know what was happening until the day we moved in (apparently they laid off a bunch of their employees to make room for us). Slowly, people from the Reval team began to leave 1 by 1... We were promised promotions and raises but after the turn of the year, nothing ever came. Apparently, they were being reviewed by the CEO who never gave us an answer. Months go by and people try to stick around with the false hopes that we'd get the promotions/raises that we deserved. After a YEAR goes by, still no answer. Now, the management team of Reval begins to leave and that's when you know it's hitting rock bottom. There was absolutely no communication from upper management. And from the looks of it, it seemed like they really didn't care that people were leaving. They made no attempt to retain any sort of talent. If you're looking to join the ION team, please don't. Save yourself. You will sit at your desk regretting the decision to join this company. If you're part of a company that was acquired by ION, start looking for a new job. Don't believe the things they say about the smooth transition into ION nor how things are going to stay the same. They won't. We were fed the same story... Also read the reviews for ION Trading. You can also read the reviews of the companies that they acquired - Reval, Wall Street Systems, Treasura, Triple Point etc. For the love of God, stay away from this company. I would not even recommend this company to people I hate...

5.0
Jan 11, 2018

From a new member of ION...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Interesting work, team environment and culture, ability to create

Cons

Process can be long for hiring

3.0
Jan 11, 2018

It could be great

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I see the potential and it could be massive, the potential to grow and learn in a global company, with intelligent people, interesting work and a fairly flat (although barriers definitely exist) mentality that allows you the opportunity to get involved in lots of projects and try your hand at things you wouldn't be able to at other organisations. The potential to grow organically, not just via acquisition and the potential to really further yourself surrounded by intelligent and friendly people. Actions are being taken to try and improve morale - charity events, work drinks/events, football games etc - however, this isn't broadcasted beyond our round walls. We should be using our most accessible tools to show these things and try to improve our image. We're a "technology" company who don't use the easiest form of technology available to reach people - social networking. It could be great.

Cons

For a flat organisation that allows you access to (almost) everyone there sure are some barriers preventing you from doing basic tasks (the potential to get involved in things beyond your day to day is good, but basic tasks not so much). I understand this is a business and it is natural in businesses to make some decisions away from the general population, but some scope or a heads up on what is coming so you can work towards it in your team would be great. An open attitude would go so far at ION.

Viewing 1207 - 1209 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.