Intercontinental Exchange reviews

- Outdated or proprietary technology - Poor work-life balance - Imposing additional responsibilities on Operations teams without proper documentation or training - Mandatory Saturday work without appropriate compensation. Despite working multiple Saturdays within a year, employees are only offered Mondays off, with management being hesitant to consider Fridays. It is unreasonable to believe that the company cannot afford to provide bonuses or overtime pay for Saturday work, which is often filled with a lot of tasks. - Uncompensated on-call duty unless called upon - Unrealistic expectations - Inadequate documentation and insufficient training - Excessive stinginess when it comes to equipment, salary raises, and accommodations. This is particularly evident within the Sys Ops teams, where employees are not valued unless they hold managerial or senior positions. Unlike other teams at ICE, which offer benefits such as travel opportunities, performance bonuses, and various forms of support, the company fails to compensate employees for Saturday work and on-call duties, frequently disputing every dollar. - Heavy workload from day one with minimal assistance - Inefficient promotion system lacking clear guidelines for advancement. It typically takes 4-5 years to reach a senior position, which comes with added responsibilities and minimal salary increases compared to other companies. - Prevalent office politics, with certain Analysts refusing to communicate with others based on perceived qualifications or the importance of their work. Managers often favor senior employees and overlook mistakes while mistreating lower-level analysts they dislike. - Harsh and disrespectful feedback from some managers, including name-calling, cursing, and yelling. In some instances, my job security has been threatened over minor issues. - Limited opportunities for personal growth. The skills acquired at this company are not applicable outside, and there is no compensation or reimbursement for certifications or training. When requesting training or reimbursement for certification costs, the manager responded with laughter. - it is important to emphasize that certain individuals in management and senior positions on this team exhibit extreme rudeness and are unfit for their roles. - Required to work morning, evening, and night shifts for at least a couple of months. - Morning and evening shift employees are expected to work overtime without additional compensation. Personally, I have had to stay past 5 pm on the morning shift (which officially ends at 4 pm) and beyond 12 am on the evening shift (which officially ends at 12 am). - The issues mentioned above would be more manageable if the pay were competitive. However, it falls short compared to similar remote analyst roles that do not require work on Saturdays. Furthermore, it does not compare favorably to companies with similar high expectations within the ICE industry. - The work-from-home (WFH) policy is antiquated and restrictive. During my tenure, employees were required to work from the office for two days, but now the requirement has increased to three days with limited flexibility. According to my friends who still work there, remote employees were abruptly forced into WFH arrangements with only two weeks' notice. - Excessive micromanagement - Prohibited from trading stocks - Challenging commute due to heavy traffic. While this is not a company-specific issue, it is worth mentioning as employees may be required to commute daily. - High employee turnover - Highly stressful environment due to the potential for any slight mistake to garner media attention. This is a distinct characteristic of working at ICE, and employees should be compensated accordingly.

What were once great companies have been rolled under the ICE umbrella and into ICE Mortgage Technology. Good culture is being destroyed in favor of heavy bureaucracy and top-down directives. Recent layoffs have helped seal the dying culture and with the continued downturn in mortgage-related business and a large upcoming acquisition, more layoffs will likely follow. Good people are leaving in droves while a hiring freeze is in place which is leaving those left behind to do more with less even though leadership says that's not what will happen. If there are any new hires, most are being hired out of India as the company continues to focus on its presence there to cut costs and corners. Focus on product improvement is almost non-existent and the company is instead focusing on continued price increases for existing customers who are struggling in the current environment.