Third Bridge reviews

3.3

57% would recommend to a friend

(1,382 total reviews)
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Emmanuel Tahar

73% approve of CEO

55% positive business outlook

Third Bridge has an employee rating of 3.3 out of 5 stars, based on 1,382 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Third Bridge employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.7 stars).

Reviews by job title

1K reviews
1.0
Feb 7, 2024
Recommend
CEO approval
Business Outlook

Pros

You work alongside some really great people and build lasting relationships with them. Great transitioning job for college graduates or people still figuring out what they really want to do with their career.

Cons

To start, dont get tricked by the job titles or by them claiming "PE/Consulting". This is not at all real consulting or private equity. If your goal is to break into one of those industries, go somewhere else. An internship would be more valuable. There was a lot of talk about how this is a real corporate job, it's not. The people saying that were likely hired fresh out of college and this is what they believe corporate to be. This truly felt like a high school being run by people the same age or just a couple years older. Next, there is no actual career growth. The company offers various options to "develop your career." While that may be true, unfortunately, you are too busy working 12+ hours a day, stressing about hitting target and retaining your job to utilize these options. Additionally, the expert network industry is niche, so this job doesn't really look that great on a resume, as the skills that you gain are specifically geared towards the expert network industry. You are constantly told to "add more profiles", "make more calls" and you will succeed. When in reality, it is all luck and everyone from the associates up to managers know it. The under-appreciation starts from the top down and it is very toxic. Project managers are not appreciated by those above them, and associates are not appreciated by project managers. You are expected to be available to clients at essentially all hours of the day and are required to respond within 10 minutes of their emails, which is extremely unrealistic and requires you to take your laptop or constantly check you emails at all hours of the day/night. Lastly, the turnover rate is so high for good reason. The job is meaningless and provides you zero fulfillment. It looks like the base salary was recently raised most likely due to the high turnover rate. However, about 6-8 months in most employees realize there is nowhere to go within this company or industry for that matter and are willing to take a lower salary somewhere else for a better career opportunity. This job is not worth the money they are offering and it is not beneficial to your career.

1.0
Nov 23, 2017

Sinking Ship

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Senior Leadership of this company is a group of very intelligent people- former bankers from top banks in the US and UK.

Cons

-There are no actual hard skills to learn while being with this company. You will become an expert in cold calling and finding people’s contact information online. That is it. - There is no real research done, but rather recruiting people to speak to the company’s clients that know what they’re talking about. Very misleading for college undergrads being recruited out of school who want to be part of actual research. - There is an underlying sub culture of hate toward management and the company by the majority of employees. They realize they are underpaid and being outperformed by competitors in the expert network industry. Middle and upper management have their heads too far up their butts to see this. -The senior leadership I had described above is so out of reach with its actual work force, they do not know the type of environment middle management has created (toxic). - Base pay for incoming “analysts” is $48000 with “uncapped” bonus potential. This is extremely under market and “bonuses” are rarely hit. - There is a constant turnover of employees. I’ve been here about a year and have seen more people leave the company than i can imagaine counting. - Management is very “cliquey” and sometimes unapproachable. -If you want to get promoted at a faster you have to kiss a lot of butt to do so. -There is a terrible work/life balance as your expected to answer client emails throughout the night and stay very late when work load is piled up. For the extremely underpaid salary that you make at this company, the hours are simply not worth it. - Employees are treated like children. For example there is a sign in sheet to the bathrooms because there is an employee who keeps leaving feces on the floor intentionally. -Constantly micromanaged by tiers of micromanagers. It is how the company operates and something that is holding back a lot of employees from their full potential. - The proprietary software the company uses is trash. Upper management spends too much time, effort, and money developing this product with people who barely know a thing and are extremely under qualified to be leading software development. There is constant outages with this internal software and glitches that are fixed on a daily basis which slows down the entire work force. -With too many people leaving the company and a bad environment being created, there is no chance the company has what it takes to compete with its major competitors. It will be swallowed up in the next 5-7 years unless big changes are coming. - C levels have left the company recently. You do the math here.

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Third Bridge Response
8y
Hearing a Third Bridger say that they didn’t consistently experience our culture in action, every time and every day is very troubling. We are truly sorry to hear this. Please reach out to us at theteam@thirdbridge.com so we can hear your full feedback and see how we can work on ways to get better. We take words like "cliquey" and "misleading" very seriously, and would like to discuss your concerns in detail. It's encouraging that despite some challenges, you enjoy being part of our culture and working with your fellow colleagues. Thank you again for the feedback as it helps us to make Third Bridge a much better place. -Team Third Bridge
2.0
Nov 10, 2017
Recommend
CEO approval
Business Outlook

Pros

- Great place to start a professional career, with relatively quick progression opportunities. - I agree with previous reviews and hard work is recognised in the firm and there are great opportunities to develop useful soft skills that can be transferrable (client management, people management skills etc) - You are encouraged to pursue self development and enrichment programmes. You will be subsidised for language courses, CFA exams and given decent support. - The office is modern, with incredible view. A lot has been invested to ensure we have the latest and best equipment to make our jobs easier. - Some bright, intelligent and young colleagues. Great transition from college life to a work place. - Great monthly socials, complimentary beers and snacks on Fridays

Cons

- The quality of middle management varies WILDLY. There are great managers and VPs, and at the same time, some extraordinary dreadful ones. Favouritism and Nepotism is common occurrence unfortunately; and some of the behaviour from middle management towards junior staff is frankly disgraceful. - The work is tedious and boring. It is a quasi recruiting role and the main KPI is amount of cold calls made; and new experts recruited to the network. The research work is very superficial and next to no analytical work is required. - There are very limited technical or transferrable skill sets that you can take from this job. When you boil it down, this job consists of just call scheduling for more accomplished people. - The compliance framework can be a joke. Most of what we do is find someone who is willing to provide insider information; and sell it to our clients. A House of Cards that can come down at any moment... - The main pain point of the company is the outdated performance metric system, called the "triangulator". As the Co-Founder and Former COO of the company admitted, this system that he created for fun has become a "monster". A whole thesis paper can be devoted to evaluate and assess how this ridiculous system is the fundamental reason why retention rate is so low, and why staff turn over rate is so high. - The compensation scheme is outdated and not competitive comparing to the rest of the industry. The OTE bonus can be ridiculous and a new joiner on his/her 2nd month can earn more than a higher ranked employee who has been here for a year.

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Third Bridge Response
8y
Thank you taking your time to write the long feedback! We're focused on tackling turnover, and aim for a balance of work-hard/play-hard for all employees at Third Bridge. Recently we have started to look into ways of how we can improve the triangulator scheme to make it fair for everyone. We take words like "insider information" very seriously as this is not what we stand for when it comes to correct ethics and compliance, and would like to discuss your concerns in detail. Please contact HR at theteam@thirdbridge.com. It's encouraging that despite some challenges, you enjoy being part of our culture and working with your fellow colleagues. Thank you for being a Third Bridger and we wish you every bit of success in your career. - Team Third Bridge
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