Clear Street reviews

3.5

52% would recommend to a friend

(154 total reviews)
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Edward Tilly

59% approve of CEO

58% positive business outlook

Clear Street has an employee rating of 3.5 out of 5 stars, based on 154 company reviews on Glassdoor which indicates that most employees have a good working experience there.

Reviews by job title

154 reviews
2.0
Dec 31, 2022
Recommend
CEO approval
Business Outlook

Pros

Good engineering culture ( atleast used to be ) , Relatively new tech stack , startupey culture

Cons

1) leadership: There is a general lack of transparency within leadership’s decision making. The management team went from going on a hiring spree to stating sustainable growth / profitability to firing half of the design team , numerous talent acquisition professionals, engineers and product managers 2) General direction: The core focus of business verticals change rapidly. Again , going back to my above point, the management does not display transparency in decesion making 3) Loss of key talent: Clearstreet’s change in directions has resulted in it loosing a lot of key engineering managers 4) Compensation : Compensation is generally below market average 5) Combative culture: The company’s culture is pretty combative when it comes to inter team work. There is also a general lack of support to onboard new engineers. The view taken is to fire ppl if they ask for too much help on boarding 5) Hire and fire culture: it wasn’t like this before but there is a very callous attitude to firing individuals. There have been numerous people who have been fired just a month or two into their role. It seems asking for help while onboarding is generally looked down upon. They expect people to ramp up with little to no help

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Clear Street Response
3y
Thank you for taking the time to leave a review and for bringing these issues to our attention. At Clear Street, we value open and honest communication. It is our goal to be as transparent as possible with all our employees and to do what is best for our clients and our firm. We strive to provide fair and competitive compensation for everyone. We value our employees and the contributions they make to our business, and we will continue to participate in ongoing market salary evaluations to ensure our compensation is competitive across all locations and roles. At Clear Street, our top priority is our people. We are continuously investing in a culture that promotes collaboration and respect for one another. As part of our commitment, we are rolling out an in depth, full-day onboarding program for all new employees. This is designed to complement the existing engineering onboarding program and provide new hires with a 360 view of the firm. We plan to execute it across all roles in the near term. While we do not aim to hire for a short period of time, there have been some examples of short tenure, as with any organization. We try our best through our recruiting processes to find candidates that will be strong, long-term fits for Clear Street, but we aren't always right, and prefer to part ways earlier if there is misalignment. However, I want to assure you that we do not hire to fire and over the last few years, we have been successful in attracting, retaining and developing high quality performers, including our exceptional team of engineers. Separating with an employee is never an easy decision, and we understand that these circumstances can be stressful and uncertain for all colleagues. We want to assure you that these decisions are not taken lightly and are only made after objective consideration and review of performance. Thank you again for sharing your feedback and please don’t hesitate to reach out to any one of us in the People team to discuss further.
5.0
Dec 7, 2022

Great Teammates, lots of opportunities to learn!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Clear Street is full of passionate, driven people. I've never loved working with a team more. I feel we gel well across the entire business. We also have an amazing knowledge sharing culture. There are tons of oppotlnitiesz to learn more about Finance and Engineering for anyone who wants to. Employees are encouraged to take the SIE and Series exams even if they don't need it for their roles. The office is also amazing. Free lunch, snacks, and amazing views!

Cons

Sometimes big decisions are made without a lot of transparency. There have been some instances where major changes were made and employees had to pull information. This sort of information should always be pushed to employees via Town Halls, memos, etc.

1.0
Nov 21, 2022
Recommend
CEO approval
Business Outlook

Pros

Money is good, snacks in office, coffee

Cons

Someone else said it as well, but the culture is extremely toxic. "Prove it is my problem" is common among teams trying to work with each other. No one likes helping others or it is combative at best. There are many examples of people arguing about nonsense when we should all be "on the same team". Communication is lacking, people are inappropriate fairly often, and honestly I dread coming in every day for more verbal abuse.

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Clear Street Response
3y
Thank you for taking the time to share your experience. We try our best to build a welcoming, comfortable environment for all our employees, and we’re sorry to hear that you have felt unsupported during your tenure. We do not tolerate abuse and are taking action to address your review. We assure you that our People team is available to discuss your concerns – please feel free to contact us any time. Thank you again for your insight. It helps make Clear Street a better place to work for everyone.
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Glassdoor has 161 Clear Street reviews submitted anonymously by Clear Street employees. Read employee reviews and ratings on Glassdoor to decide if Clear Street is right for you.