Chicago Board Options Exchange

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Chicago Board Options Exchange Reviews

39 Reviews
2.7
39 Reviews
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Chicago Board Options Exchange Chairman and CEO Bill Brodsky
Bill Brodsky
18 Ratings

3 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Engineer

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

    I have been working at Chicago Board Options Exchange full-time for more than 10 years

    Pros

    Pay is good. Location is good.

    Cons

    Some management levels do not have a proper training to understand how to be a good manager.

    Advice to ManagementAdvice

    Go to a class to learn how to be a good manager.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Great financial company to work for.

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

    I have been working at Chicago Board Options Exchange

    Pros

    Privately owned corporation. Very flexible with hours and work day-to-day tasks. No micromanaging of employees. Tasks are very straightforward and relatively easy to accomplish.

    Cons

    Tasks can be very repetitive and mundane. Not much interaction with direct manager (good or bad). Expectations of role are not clearly defined. Sharing of knowledge is sometimes painful. Career path very unclear.

    Advice to ManagementAdvice

    I would suggest taking advice from other companies in the financial district - keep the employees well informed, make clear career paths and promotion availability. Start to require management to live up to higher expectations and not behave like a "family" business, but more like a "top" business in "grandfathering" in management.

    Doesn't Recommend
    No opinion of CEO
  3. 2 people found this helpful  

    Great place to work for pay and financial possibilities. Lacks in system stability and employer-employee line-of-sight.

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

    I have been working at Chicago Board Options Exchange

    Pros

    Great pay. Fairly low stress. Slow learning curve. Low expectations. Firm is (currently) privately held. Downtown Chicago. Nice employee referral program. Great resume stuffer.

    It's a great "in" if you are in the Financial field or have an interest in Options and/or Stock. Lots of knowledgable people who have been around since the early days of CBOE.

    Cons

    Poor working relationships. Poor direct management supervision. Poor performance planning and management. Poor project management. Poor project execution. Low quality technological system.

    There seem to be serious disconnects between the average employee and the overall direction of the company. Projects are often discombobulated, hard to implement, hard to follow, hard to clean up. With multiple projects being implemented, one on top of the other, the quality of the system would seem to be compromised. The employees that have been here for a while often come across as arrogant and can be difficult to work with, requiring other employees to pry information out of them.

    Advice to ManagementAdvice

    Remember to keep the vision and goals of the organization strong and obvious to all levels of employees at the firm and create employee engagement as well as strong career paths.

    Approves of CEO

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