Do not lie to staff! Hidden pay cuts - Quality Engineer Trayport Employee Review

1.0
Feb 17, 2026
Recommend
CEO approval
Business Outlook

Pros

Not anymore not any after hidden paycut

Cons

They tell us they reorganise salary. Say that bonus reduce from 15% to 10% but salary increase by same total amount. They say target total cash stay same before merit increase. Promise was Old salary + 15% = new salary + 10% + merit increase This was lie. I had decrease. Everyone decrease , developer and tester. This pay cuts after redundancy in christmas

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Trayport Response
3mo
Thank you for your review, it's disappointing that you don't have any pro's despite working with us for more than 3 years. The new salary structure that you have referenced ensured that nobodies total cash compensation went down, and everyone was given a more structured target bonus incentive instead. We have been open and clear that if anyone has any questions regarding this they could reach directly out to HR who would try and explain, as mentioned in all 3 employee sessions and with the employee communications via email. We strongly urge for you to reach out to your HR BP or The Head of People to discuss this.

Explore other reviews about Trayport

4.0
Feb 21, 2013
Recommend
CEO approval
Business Outlook

Pros

Smart and interesting people back when Eddie was still the owner. Beer after work almost every day - good team spirit and a great culture. Annual company trip to some place in Europe was nice. Office environment was top-notch, with open desk for even management. Pantry always had lots of food for the staff to freely consume. A few of my old colleagues become team leads, so there must still be some good people around!

Cons

Pay was not too good; as technical consultant work sometimes gets boring and repetitive; client director back then was snobbish and a little arrogant.

3
4.0
Apr 23, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A lot of very motivated people work here The level of expertise is very high so you will develop a lot Different teams and technology Flexible hours

Cons

The level of expertise is very high so promotions are harder

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