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Vela Trading Systems

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Cronyism Ruining Reputation - Anonymous employee Vela Trading Systems Employee Review

1.0
Jan 23, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

4 weeks vacation regardless of tenure

Cons

Everything else... No 401k match. No vacation rollover or payout. use it or lose it. No commuter benefits. Bad healthcare choices for single people. The CEO appoints friends from NYSE to surround her on the executive team and keep telling her she is doing a good job. The Executive team is basically a group of people that don't listen to the customers, employees or even fein interest in what others have to say. Your work will not be appreciated, understood or even offered suggestion for improvement. When the customers do get to meet members of the executive team they are completely put off by their sense of entitlement. There are no bonuses, no raises and outright lies at most times within the company. Everyone tries to protect themselves and will lie directly to you.

Explore other reviews about Vela Trading Systems

5.0
Jan 27, 2023
Recommend
CEO approval
Business Outlook

Pros

Work-life balance. Unli food! 😄

Cons

Shifting schedule. Shifting schedule. Shifting schedule.

1.0
Aug 10, 2018
Recommend
CEO approval
Business Outlook

Pros

-A pretty generous vacation policy -The hours are pretty flexible -Some cool technologies like Ember, Django and Scala.

Cons

-The CEO lies a TON. Small stuff. Big stuff. Anything to make her and the executive team look better. -My portion of the company was acquired about a year ago and the CEO promised that we'd maintain benefits like free lunch. A month later lunch was gone. -After months of awaiting long over due raises and bonuses, the CEO promised that raises would be back paid. Her solution? Don't give raises and it's not technically a lie. -They gave NY half day Fridays (the office that conveniently all C level employees worked out of) through the summer and all other offices $10 for lunch. -Tons of devs quit and they were never replaced. Others just had to pull more weight. -The CEO and her assistant wasted tons of money traveling the world while complaining about money when raises didn't happen. -After giving my resignation, no one from the company (outside of HR) even reached out to me to transfer 7+ years of knowledge.

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