Group One Trading reviews

-New employees are treated like pledges in a fraternity by even the lowest people on the totem pole (HR, compliance, etc.). I understand having to earn my stripes and impress the traders and my managers, but when, from day one, I have more responsibility than people who have been there for years, I'm not okay with them treating me like garbage. -Way to Much emphasis placed on "do what I say, not as I do" managers are lazy and shirk responsibility. -The best and brightest come here from the best schools in the country (Stanford, Northwestern, Kelley School of Business, MIT) and are relegated to perform menial tasks in the ops department while learning almost nothing about trading. It's no wonder that only 10% to 20% of trainees make it to become traders. -I worked incredibly hard as an intern to become a full-time trainee (they routinely hire college grads and interns with the idea that they can become "permanent" employees in a few months) but was rejected as a full time trainee. I understand that I may not have the intelligence or background as most trainees (I went to a well known public school with an awesome business school but was unable to get in) but I want it more than the other guys and did better in ops than they did. This makes me not want to do quality work since apparently it has no impact on the ability to become a trader.

-management on the ops side rules by fear and places too much emphasis in appearing constructive and calm where conversations can be recorded (email, instant message, etc.) and not enough on verbal conversations where excessive yelling is commonplace -training program has a 10-20% retention rate, which is extraordinarily low for an established prop firm and speaks to the quality of the teaching -Look for strange qualities in their clerks, including laziness (management would rather tell someone to do something than that person taking the initiative), getting frazzled for making mistakes and when things are hectic (I got yelled at multiple times for being too calm), not asking questions (the trainees who asked the most questions got yelled at the most) -company trades very specific product in a very specific way, this lack of diversification will ultimately be there downfall and a reason why the company has reduced its headcount by over 50% in the last couple years