CME Group

www.cmegroup.com
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CME Group Reviews

Updated February 12, 2015
Updated February 12, 2015
51 Reviews
3.0
51 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CME Group CEO Phupinder Gill
Phupinder Gill
51 Ratings

Review Highlights

Pros
  • Challenging environment with good work / life balance for the most part (in 29 reviews)

  • Great benefits, work life balance depending on the position you hold (in 12 reviews)


Cons
  • no work life balance , no respect to employee time off (in 6 reviews)

  • If you are not liked by the inner circle of senior management you will not be successful here (in 7 reviews)

More Highlights

51 Employee Reviews Back to all Reviews

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  1. 1 person found this helpful  

    Boring corporate environment but with significant plusses

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Chicago, IL
    Current Employee - Software Engineer in Chicago, IL

    I have been working at CME Group full-time (less than a year)

    Pros

    I haven't dealt with much drama among employees. Projects are well managed. People are nice. They have a good code base, which is not bad to work in. They have good benefits, plenty of PTO, and a generous work from home policy. They keep up to date with technology.

    Cons

    Because of various security measures, my computer runs very slowly. I literally spend more time building and deploying my code than I do programming. There are a lot of meetings. The work is not very challenging. While working there I've only written a couple of cool things, and I elected to do them. Most of the work is pretty cut-n-paste. People are a little too professional, and it is boring to work there. The security measures create frustrating technical challenges. They have recently been laying people off and I worry that the good times are ending.

    Advice to ManagementAdvice

    Don't destroy the productivity of the software engineers with security measures. Frankly, if they want to steal your code they will be able to do it.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Its fine

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Director in Chicago, IL
    Current Employee - Associate Director in Chicago, IL

    I have been working at CME Group full-time (more than 10 years)

    Pros

    The people can be really great

    Cons

    There has been a lot of change in the recent past

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    fine

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CME Group

    Pros

    good work life balance, great people to work with, flexibility, company has strong values and is working to become a more efficient work place

    Cons

    CME has some challenges though especially since there are a lot of people that have been there for awhile and do not necessarily add a lot of value. There is a lack of persistence in some areas as well as people become component

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Trader Life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Software Developer Intern in Chicago, IL
    Former Intern - Software Developer Intern in Chicago, IL

    I worked at CME Group as an intern (less than a year)

    Pros

    Great if you're into trader life and commodities.

    Cons

    Dark work areas and isolated cubicals,

    No opinion of CEO
  6.  

    The Business

    • Comp & Benefits
    • Work/Life Balance
    Former Employee - Intern Software Developer in Chicago, IL
    Former Employee - Intern Software Developer in Chicago, IL

    I worked at CME Group

    Pros

    Exposure to many talented people.

    Cons

    Internship was too freelance. Wish I would've learned much more as a developer from my superiors and team members.

    Advice to ManagementAdvice

    Incorporate better programs to kick-start internship programs. I was literally given an outdated sheet of paper my first week and told do all these things to setup. Half the instructions were useless. Spent a good part of the beginning of the internship feeling like I was in a dark room looking for a light switch.

    Recommends
    Positive Outlook
  7. 1 person found this helpful  

    Very Bureaucratic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst in Chicago, IL
    Former Employee - Senior Financial Analyst in Chicago, IL

    I worked at CME Group full-time (more than 3 years)

    Pros

    Nice offices, good work life balance, 9-5 (out the door by 5), there might be good opportunities in some departments

    Cons

    Advancement on the business side is driven by seniority, not talent. Extremely bureaucratic and there is a lot of middle management, most of whom don't really add value.

    Doesn't Recommend
    Negative Outlook
  8. 1 person found this helpful  

    Great if you have talent and want to coast, not so great if you want to advance and drive technical change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer in Chicago, IL
    Current Employee - Senior Software Engineer in Chicago, IL

    I have been working at CME Group full-time (more than 5 years)

    Pros

    Benefits and salaries are above average. Work-life balance is good. Extensive use of open source and standard technologies. Some best practices including continuous integration. Locations convenient to train stations.

    Cons

    More demotions and layoffs than promotions the past few years. Arrogant senior management. Arcane business knowledge valued more highly than technical competence. Many manual processes that could easily be automated but are not. Many outdated legacy systems. Severe risk aversion that inhibits improvements. Locked-down computers. Big brother surveillance. Depressing office environment. Awful coffee. Low expectations for developer productivity.

    Advice to ManagementAdvice

    Doublespeak, arrogance, lack of vision and focus on short-term tactics to please shareholders instead of long-term strategy to continuously improve the efficiency of the company are already leading to a Dead Sea effect where the best and brightest are leaving.
    Enjoy your golfing with Jonathan Toews.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Awesome opportunities here!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst in Chicago, IL
    Former Employee - Senior Analyst in Chicago, IL

    I worked at CME Group

    Pros

    Absolutely the best benefits package I've ever heard of...even better than the military or police and fire departments! Lot's of opportunities to have a solid work/life balance. Outstanding salary ranges. People are awesome yet most people are fairly sheltered due to constant turn-over.

    Cons

    Serious lack of inter-departmental communication. Serious lack of documentation. Company is constantly going through re-organization so there's always a concern for lay-offs. Poor management decision making (at least in the department I was in) and they don't seem to know what they want employees to do from day to day. Job description postings are seldom accurate for what you would actually be required to perform. Management doesn't like it when an employee out-performs his/her superiors. Company doesn't really look for people to be innovative...they would prefer employees to be grouped in a box....no movement or reward for ingenuity, creativity, or thinking outside of the box. Extremely focused on cost savings to the point the company will forego important investments in CRM, reporting tools, and other technologies necessary to carry the company into the next generation of growth.

    Also, it's a relatively small company so movement (depending on which department you're in) can be slow or negligible. Many good employees have left because there's no room to grow upward.

    Advice to ManagementAdvice

    Loosen the grip on the ground employees and encourage entrepreneurship mindsets...allow your employees to maximize their creativity to grow your business. Stop having management be the ones to lead conversations and engage your younger employees in strategic meetings and executive succession planning initiatives.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Nice Experience!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Strategic Consultant in Chicago, IL
    Former Employee - Strategic Consultant in Chicago, IL

    I worked at CME Group part-time (less than a year)

    Pros

    Work culture! Friendly people, fixed working hours.

    Cons

    Late in delegating work and lack clarity in designing the problem statement.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Good company to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Quantitative Risk Management Analyst in Chicago, IL
    Current Employee - Senior Quantitative Risk Management Analyst in Chicago, IL

    I have been working at CME Group full-time (more than a year)

    Pros

    Nice people work here; company culture of focusing of work life balance; new projects going on. A good place to start your career or do internship.

    Cons

    Management team still have room to improve. People are not being utilized the most their skill set. Work is not that challenging. No formal training.

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