ION Group reviews

2.8

35% would recommend to a friend

(1,209 total reviews)

Andrea Pignataro

42% approve of CEO

36% positive business outlook

ION Group has an employee rating of 2.8 out of 5 stars, based on 1,209 company reviews on Glassdoor which indicates that most employees have an average working experience there. The ION Group employee rating is 27% below average for employers within the Information Technology industry (3.9 stars).

Reviews by job title

1K reviews
1.0
Apr 10, 2018

Vile, bigoted & toxic environment devoid of human value

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Absolutely none- this is not hyperbole. See "Cons" for detail.

Cons

A quick snapshot of how ION operates: their most recent layoff occurred via email on a major holiday. It appears ION functions essentially as a mergers/acquisitions chop shop- the business model is to swoop in, acquire and reduce headcount by 1/3 - little more is produced aside from balance sheets, excel and powerpoint presentations and endless meetings. The end result is a Frankenstein’s monster. The recent ‘positive’ reviews on glassdoor seem coerced to offset previous bad reviews (also see Ion Trading/Ion Technology) Management is almost exclusively white, male, heteronormative that does little actual ‘work’- everything is smoke and mirrors; those who play the game remain to delegate rather than manage using over worked underpaid subordinates - women and marginalized folks are relegated to back office roles, referred to as ’girls’ and treated like pack-mule secretaries of another era. For those even remotely considering to join ION do so at your own peril knowing your days are numbered and you are nothing more than a number on a spread sheet in the finance department in Dublin. That is how ‘management’ values human beings. It is a culture formed and ruled by fear alternating with torpor- new hires are sub par because they are the only ones willing to accept below market pay and abysmal benefits; the business turns on a cycle of rotating grad hires who are built up to be star work horses when in reality ION was their third or forth choice as they couldn’t make the cut at first tier finance companies. Worst employment experience in my entire professional career. They win that hands down.

1.0
Jan 11, 2018
Recommend
CEO approval
Business Outlook

Pros

I can honestly say that the only Pro was the office views.

Cons

There are a lot of CONs to this company... hence why it was the worst company I've ever worked for... For one, I worked at Reval which is a Treasury Management System (TMS) that got acquired by ION Group. When we found out that we were acquired by ION, there was a sense of panic amongst the team - not because we were being acquired but because we were being acquired by ION. There were rumors that ION acquires companies and basically guts them (no promotion, no raises, no bonuses etc.)... When we came over to ION, the CEO (Andrea Pignataro) never welcomed us or even addressed us. In fact, the people that were already at ION did not even know what was happening until the day we moved in (apparently they laid off a bunch of their employees to make room for us). Slowly, people from the Reval team began to leave 1 by 1... We were promised promotions and raises but after the turn of the year, nothing ever came. Apparently, they were being reviewed by the CEO who never gave us an answer. Months go by and people try to stick around with the false hopes that we'd get the promotions/raises that we deserved. After a YEAR goes by, still no answer. Now, the management team of Reval begins to leave and that's when you know it's hitting rock bottom. There was absolutely no communication from upper management. And from the looks of it, it seemed like they really didn't care that people were leaving. They made no attempt to retain any sort of talent. If you're looking to join the ION team, please don't. Save yourself. You will sit at your desk regretting the decision to join this company. If you're part of a company that was acquired by ION, start looking for a new job. Don't believe the things they say about the smooth transition into ION nor how things are going to stay the same. They won't. We were fed the same story... Also read the reviews for ION Trading. You can also read the reviews of the companies that they acquired - Reval, Wall Street Systems, Treasura, Triple Point etc. For the love of God, stay away from this company. I would not even recommend this company to people I hate...

1.0
Apr 21, 2019
Recommend
CEO approval
Business Outlook

Pros

Spending some money on new tools for efficiency Average industry benefits

Cons

Micromanagent Terrible decision making Ego filled leadership Acts like a dictatorship Horrible treatment to employees and consistently publicly call you out and blame you for problems they cause No consideration of the customer's needs...

Viewing 1 - 3 of 1,209 Reviews

Glassdoor has 1,341 ION Group reviews submitted anonymously by ION Group employees. Read employee reviews and ratings on Glassdoor to decide if ION Group is right for you.