Chicago Trading Company reviews

It's still a small company at heart. Promotions are not always meritocratic, but often based on relationships with upper management. That's not to say it's all that way but if you aren't part of the inner circle you will have to work twice as hard for promotions. It's not nefarious, it's just human nature, but sadly that's the way it is. Also they appear to be content with their current company, so expansion opportunities are not likely to happen. That means if you are a newly hired be prepared for that role to be your last one. It won't necessarily be the case, but prepare yourself for that potential reality.

The lack of transparency throughout the company is horrendous and the lack of consistency in career progression is frustrating. Ctc strongly favors employees who are returning interns and have spent their entire careers at CTC. CTC is stuck doing things their own way and even when they hire employees with expertise in areas where CTC struggles, CTC will ignore their opinions if it doesn’t align with the current way they operate. They are also consciously shifting towards a more toxic culture with the CEO even stating after a second year of layoffs that the company was “flexing its new muscles.” Openly toxic employees aren’t called out or penalized. Management is terrible from top to bottom and bad managers are not held accountable. Career progression is very political at ctc and there is a severe lack of accountability. There were countless instances of people being fired for bad performance when they’d never been given a negative review or feedback from their managers. Those who would consistently get promotions were more likely to be close to someone higher up versus being a superior engineer. Pay is also a disaster at ctc with returning intern offers this year being higher than some current senior engineer compensation. It’s no wonder that the turnover rate has sky rocketed.