A New Level of Incompetence - Anonymous employee Piper Sandler Employee Review

1.0
18 Oct 2009
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Decent i-banking in specific verticals (Consumer, MedTech) Less pressure than other i-banks

Cons

Poor management Do not pay for performance, pay for a**kissing (how is this different than corporate America?) Poor people management from hiring to evaluating to compensating Only pay when confronted with competitive offers - a word to the wise: spend your time getting other job offers, not doing your job for Piper well

Explore other reviews about Piper Sandler

2.0
9 Apr 2026
Recommend
CEO approval
Business outlook

Pros

It's nearly impossible to get fired. After many years, the IT department has hired a diverse team. Coworkers were intelligent and ethical.

Cons

Unusual that, until after Covid, the IT department was about 95% Caucasian, but now the diversity seems to be due to the ability to lower salaries, and worsen work/life balance. Management will only promote yes-people, or hire from the outside. It's akin to working in IT in 1990s, there is little process or structure. Laptops weren't given to IT until after Covid (yes you read that right), and when they were handed out, they were the used laptops from revenue generating departments that had been upgraded. It was a very chaotic environment.

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