Toxic culture and unpleasant working environment - Fund Accountant Colmore Employee Review

1.0
20 Jan 2024
Recommend
CEO approval
Business outlook

Pros

Opportunities for qualified personnel to take responsibility and get a promotion. Ability to learn about private equity funds, without necessarily having previous fund accounting or private equity experience. Chances to make a difference and shape the future of a new business.

Cons

Toxic workplace culture. Stressful place to work. High level of workload. Long working hours. Low level of bonuses (even if employees work hard for them). Working with colleagues that have a limited skillset. The voice of most employees is not heard by management. Many former investment banking professionals have joined the company's management, bringing with them a culture that does not belong to a small company. They run the business more like a blue chip company, not listening to their people who are sometimes suffering to hit over-ambitious targets and deadlines and are getting swamped with more and more work.

Explore other reviews about Colmore

5.0
26 May 2023
Recommend
CEO approval
Business outlook

Pros

Company will give you opportunities if you are switched on and take responsibility

Cons

Requires hard work, lots of potential but not always exploited.

1.0
3 Jul 2025
Recommend
CEO approval
Business outlook

Pros

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Cons

Leadership lacks credibility. They accidentally allowed it to slip that they encourage US attrition - actively replacing workforce with cheaper labor based in India. I can't confirm first-hand the other reviews charging racism, but it comes as no surprise at all. Management is shamefully deceitful from the VPs up through COO and has grown aggressively greedy during the BlackRock acquisition. Rampant favoritism abounds.

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