Does Algorithmics pay their employees well?

According to anonymously submitted Glassdoor reviews, Algorithmics employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at Algorithmics. This rating has improved by 1% over the last 12 months.

How satisfied are employees working at Algorithmics?

59% of Algorithmics employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Algorithmics 3.6 out of 5 for work life balance, 3.7 for culture and values and 3.4 for career opportunities.

What are the top reviewed jobs at Algorithmics?

Financial Engineer (6) , Teacher (3) , Product Manager (2) , Senior Software Engineer (2) , Software Engineer (2)

What are the pros of working at Algorithmics according to real employee reviews?

"Great people in the software and financial engineering side." ((in 5 reviews)); "Work Life Balance is good" ((in 4 reviews)); "Flexible hours." ((in 3 reviews)); "Excellent benefits." ((in 3 reviews))

What are the cons of working at Algorithmics according to real employee reviews?

"Lack of planning and management." ((in 4 reviews)); "culture has changed" ((in 3 reviews))

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Algorithmics

Algorithmics Reviews

3.8

59% would recommend to a friend

(49 total reviews)

Stephen W. Joynt

79% approve of CEO

44% positive business outlook

Ratings by category

3.7

Culture and values

3.7

Diversity and inclusion

3.6

Work/Life balance

3.5

Senior management

3.5

Compensation and benefits

3.4

Career opportunities

Algorithmics has an employee rating of 3.8 out of 5 stars, based on 49 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Algorithmics employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

49 reviews

3.0

26 Apr 2012

Fantastic place to work, until IBM got stuck in

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Thought leaders Strong team culture Strong sales culture Some tremendous and commercially savvy risk specialists bringing innovative approaches to problem solving If you are interested in risk, this is a great place to learn

Cons

Weak HR Confused leadership Weak implementation team Quiclkly absorbing a full set of distasteful IBM traits and losing client focus

2.0

3 Jun 2011

Algo is a shadow of what it used to be.

Financial engineer

Recommend

CEO approval

Business outlook

Pros

Great people in the software and financial engineering side. Good documentation Good work life balance Casual attire Some traveling

Cons

People with no financial or software development knowledge have recently been assigned senior management positions. They are making very poor decisions and alienating the employees. This new management has created a poisonous environment and many good people have left Algo in the recent couple of years.

2.0

22 Apr 2011

Ok mostly for junior staff

Senior software engineer

Recommend

CEO approval

Business outlook

Pros

* Flexible hours. * Opportunity to learn a lot for junior staff. * In general, people are very polite. * In general, people will share some knowledge.

Cons

* Lack of planning and management. * Salary is acceptable to low, compared to similar companies in the same industry. * No work life balance, * No opportunity to advance, unless you've spent a long time with the company. * Very few Software Engineers are actually good. * No code reviews, virtually no communication, isolation. * Most employees don't really understand how their work impact the business, they just write code.

Viewing 1 - 3 of 49 Reviews

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