Millennium reviews

3.7

60% would recommend to a friend

(568 total reviews)

Israel Alexander Englander

74% approve of CEO

60% positive business outlook

Millennium has an employee rating of 3.7 out of 5 stars, based on 568 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Millennium employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

568 reviews
1.0
Sep 24, 2015

Buyer Beware.....

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Decent comp structure, talented individuals across all lines of business. Free lunch but only on Fridays.

Cons

Make sure you know what you're getting into by going here. Every negative thing you hear about this place is true. Management makes promises to lure you in and delivers whatever they see fit once you've joined. Limited bandwith. Back office infrastructure is abysmal. There's some sharp people here. However, dialogue among people is discouraged for fear of ruining the fund's diversification so little sharing of information or ideas occurs. Turnover is ridiculously high here and you get the sense every employee is one wrong move away from being shown the exit. Frankly, most people seem pretty unhappy here. Trading floors are like libraries, I'd imagine morgues are more lively.

3.0
Sep 21, 2015

Boiler Pot

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You work alongside some very intelligent and talented individuals. There is much expected of you here and you will be groomed for future success at future companies. Needless to say, the name in itself will open doors for you as well.

Cons

It is so large that the culture resembles a big bank and less a small hedge fund. The politics are severe and despite your loyalty to the company, there is no loyalty to you. Make a big enough mistake (and it need not be large) and you are gone. Just had a kid? Bought a new house? Fallen on hard times? They don't care. Cross them, and gone. Just like that. Also, there is no support or guidance. People are quick to fault find and finger point so don't dare ask a question or you will become the butt of gossip as an incompetent who should not be working at mlp. They are also a bit on the cheap side for compensation and benefits.

3.0
Aug 5, 2015

Analyst

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The firm is filled with smart people who work hard and are good at their job. The firm has a good payout ratio compared to comps.

Cons

There is very little culture. Risk controls are right and the pressure to perform is intense with your job on the line.

Viewing 559 - 561 of 568 Reviews

Glassdoor has 709 Millennium reviews submitted anonymously by Millennium employees. Read employee reviews and ratings on Glassdoor to decide if Millennium is right for you.