AVOID - Another big corporate who is only focused on shareholder returns. - Anonymous employee Apex Group Employee Review

1.0
Jun 2, 2021
Anonymous employee
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.

Explore other reviews about Apex Group

5.0
Apr 2, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great flexibility with hours. Lovely people office is in a great location.

Cons

Very busy. Sometimes long hours to fulfill deadlines

avatar
Apex Group Response
1mo
Thank you for sharing your experience. While some roles do involve periods of high activity, we understand the importance of sustainable workloads and work‑life balance. This is an ongoing focus for us, and we continue to review team structures and ways of working to better support our people.
1.0
Jul 14, 2026
Recommend
CEO approval
Business Outlook

Pros

There are good people throughout the organization who genuinely want to do quality work and support one another.

Cons

My experience was that Apex Group prioritized short-term cost savings (involuntary terminations) over investing in its people's on-the-job training, promotion opportunities, compensation & bonus pay, and morale/culture Turnover was significantly higher than I expected, particularly in key functions and at the Functional Head, Regional Head, or C-Suite level Prospective employees should carefully review their offer letter regarding probationary period-related employment notice periods & benefits eligibility (you can only enroll in the 401K once you've worked there for 3 months) During my time there, employee morale was low. Progressions/promotions, as swell as compensation growth and bonus opportunities were minimal due to frequent pressure to 'do more with less,' leading to voluntary resignations, employee burnout, and client attrition due low quality service If you are interviewing, I would encourage you to ask direct questions about probationary notice period, turnover, and leadership changes in the last year Based on my experience, I would not recommend anyone works at this firm

1
See reviews by: Helpful|Rating|Date|All