Apex Group reviews

2.8

44% would recommend to a friend

(1,491 total reviews)
avatar

Peter Hughes

48% approve of CEO

43% positive business outlook

Apex Group has an employee rating of 2.8 out of 5 stars, based on 1,491 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Apex Group employee rating is 25% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

1K reviews
3.0
Jun 5, 2021

Fund Accountant

Recommend
CEO approval
Business Outlook

Pros

Office culture is very easy going

Cons

Low salary and bonus compensation per annum

avatar
Apex Group Response
4y
Thank you for leaving a review, we're glad that you are enjoying office life.
1.0
Jun 2, 2021
Recommend
CEO approval
Business Outlook

Pros

One of the largest financial services providers and growing rapidly.

Cons

The company does not care about staff: 1) Staff in the UK have not been given a pay rise since 2018 (Which was a below inflation 2% increase under previous ownership before Apex acquisition) This will be 4 years before the next review in January 2022. 2) Bonuses are ~5% and well below industry & market averages. 3) Pension contributions are statutory minimum. 4) There are no share or option incentive schemes for staff which means staff are only working for a paycheck and not motivated by the ulterior goals of the company. 5) No meaningful benefits other than medical insurance (Which is industry standard anyway) 6) Annual staff welfare / entertainment budget is £40 per person (You will be lucky to get an easter egg and a tiny hamper at Christmas) 7) Offices in 140 London Wall which is known as the ugliest tower block in London. The company is able to spend tens / hundreds of millions on acquisitions every year to grow the business but isn't willing to spend a single dollar on payrises, benefits for existing staff or their welfare. The sole objective of the company is to grow by acquisition and then IPO so shareholders can exit and maximize their returns.

avatar
Apex Group Response
5y
Thank you for your feedback, as you mentioned our business is growing rapidly - we have an entrepreneurial culture that is fast-paced and high growth and we want to support our employees to get involved in that as an opportunity to develop their own personal careers. We have a wide range of professional development options and we’d like to support you with yours so please do check in with your local HR rep to discuss how we can develop our plan. We also encourage you to take part in our Mentoring Scheme if you aren’t already – the wellbeing of our people is absolutely at the core of our strategy and as an example, support from our mental health first aider programme is there for any employee that needs it, especially during this challenging period of COVID-19. We are really proud to have maintained the stability of our business and protect the employment of our people throughout the pandemic and beyond and especially that despite the global pandemic, we were able to continue to invest in both the company and our people in 2020 through acquisitions and additional financial incentives and opportunities such as a bi-annual bonus, 100 Heroes and sales and client service incentives as well as offering our people the opportunity to encash part of annual holiday allowance they were not wanting to take due to the COVID-19 travel restrictions. In terms of salary increases, as part of the annual review process, merit based pay rises for UK employees were awarded in 2020 for those progressing in their roles or through promotions. Incentives such as 100 Heroes seek to acknowledge and reward our employees who went above and beyond during the height of the COVID-19 Pandemic. We place importance on peer-to-peer recognition as well as top down rewards, which is why 100 Heroes was a nominations process across the global group. The bi-annual performance related bonus opportunity is related to company performance as well as individual performance. For other financial reward opportunities we have incentive schemes for client facing roles so encourage you to get involved in those too! Our benefits structure reflects many companies within our industry. Some of our key employee policies go above and beyond many in the market, such as our healthcare policy is particularly comprehensive and covers many for additional nonstandard benefits such as dental and eye care. We are continuing to evolve our benefit and reward and recognition schemes to enhance the value for our people and have recently started working with a global benefits provider to a move Apex towards a globally aligned set of benefits for our people and to provide a more unified and consistent way to identify and celebrate reward and recognition across the Group. We appreciate the last year and a half has been, for many, extremely challenging and we value your hard work and feedback. If you could like to discuss any of this further we welcome you to reach out to your local HR manager who can support in getting you involved in some of the aforementioned programs to support your development and reward opportunities.
1.0
May 29, 2021
Recommend
CEO approval
Business Outlook

Pros

By working in this organisation you will get to know how bad an organisation's management can be. In real life.

Cons

Third class work environment. No Respect for Employees. 1% to 2% Increment

avatar
Apex Group Response
4y
We appreciate you leaving a review. One of our core values is "We Promote Respect" and we are therefore concerned seeing this review. If you feel comfortable, we encourage you to reach out to our Interim Chief Human Resources Officer ( gill.baker@apexfs.com) to share any feedback.
Viewing 1342 - 1344 of 1,491 Reviews

Glassdoor has 1,661 Apex Group reviews submitted anonymously by Apex Group employees. Read employee reviews and ratings on Glassdoor to decide if Apex Group is right for you.