Thomson Reuters

  www.thomsonreuters.com
  www.thomsonreuters.com
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Thomson Reuters Reviews

Updated September 14, 2014
Updated September 14, 2014
2,451 Reviews
3.3
2,451 Reviews
Rating Trends

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Thomson Reuters President & CEO James C. Smith
James C. Smith
754 Ratings

Review Highlights

Pros
  • Flexible work schedules that allows one to establish a good work-life balance (in 399 reviews)

  • Work from home was very much allowed and many times encouraged to balance work/life (in 84 reviews)


Cons
  • Doing this constantly has caused some serious loss of work-life balance as someone who cares (in 42 reviews)

  • But wait, that's not quite enough to keep those senior management bonuses coming (in 78 reviews)

More Highlights

155 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Prepare to be outsourced Again - Project Ivory all over.

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

    I have been working at Thomson Reuters full-time for more than 10 years

    Pros

    Thomson Reuters is once again preparing to outsource the majority of their IT Services.

    Cons

    Seems no lessons were learned from the failed Fujitsu Project Ivory.

    Advice to ManagementAdvice

    Reconsider your outsourcing activities. It's going to cost you more than you think. Learn the lesson from Project Ivory. This time the talent will leave and not be there to come back pick up the pieces.

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

    From Great to terrible

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Law Firm Sales Representative  in  Grand Rapids, MI
    Former Employee - Law Firm Sales Representative in Grand Rapids, MI

    I worked at Thomson Reuters full-time for more than 8 years

    Pros

    Good benefits, pay, financially stable company

    Cons

    All work, no life. Compensation constantly being lowered for sales positions. Leadership non-existent. Treatment of sales staff is deplorable. Sales staff the only people in the company who are not entitled to vacation without their managers approval (which may be refused if not at quota during any period).

    Advice to ManagementAdvice

    Prior to West Publishing being acquired by Thomson Reuters this was a dream job. Good pay, good benefits, great life work balance. Turnover in the sales force was non-existent. After Thomson, the company lost sight of those who generate the 6 billion plus in revenue each year. Senior sales people are discouraged.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Intern

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

    I have been working at Thomson Reuters as an intern for less than a year

    Pros

    -You get paid
    -nothing
    -no one notices what I am doing
    -im suppose to write five pros

    Cons

    -no leadership training
    -no respect for employees

    Advice to ManagementAdvice

    Train some people, stop saying no for everything.

    Approves of CEO
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  5. 3 people found this helpful  

    avoid this company

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

    I worked at Thomson Reuters full-time

    Pros

    If you don't have options and need a paycheck go work for them.

    Cons

    Unstable company where employees are treated like things. Lack of leadership so no innovation and no growth. To hide this the executives keep reorganizing every six months. Look at their 10K filings. To make up for no growth they cut costs by continuously replacing staff with younger and cheaper staff. The company is living off the success of old product lines.

    Advice to ManagementAdvice

    Hopeless - board needs to replace the high priced but under powered executives.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    It's a job

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

    I worked at Thomson Reuters

    Pros

    Pretty good benefits, but low salaries. The office culture can be good, but it's on a team-by-team basis.

    Cons

    Thomson Reuters is a big mish mash of companies. They acquire small companies left and right, then try to squeeze them into the TR mold. But they don't spend enough time nurturing the companies and figure out how to fit them in. I worked for a group that had been acquired 6 months before. During my two years with the company, our small group moved sections of the company 4 times! That means different systems, different managers, etc. It was confusing and pointless. I was also told when I was hired that there was no room for advancement. What type of HR person tells someone that? A huge company and no room to advance? Especially for someone with several years of experience? Odd.

    Advice to ManagementAdvice

    With so many small groups, no one knows what anyone else does. Even when you work on the same floor.

    Doesn't Recommend
    No opinion of CEO
  7. 1 person found this helpful  

    Not a good place to be

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

    I worked at Thomson Reuters full-time for more than 5 years

    Pros

    Work life balance, nice colleagues and a place that initially offered opportunity.

    Cons

    Leadership changes, strategy shifts constantly.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 6 people found this helpful  

    Good product, Good on the Resume, Awful at everything else...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Thrall Analyst  in  Eagan, MN
    Current Employee - Thrall Analyst in Eagan, MN

    I have been working at Thomson Reuters full-time for more than 3 years

    Pros

    Coworkers are a reason to stick around. The reputation of Thomson Reuters attracts smart, professional people to work with. Products are unique and present interesting challenges.

    Cons

    Team creativity is stifled by poorly designed hierarchies and departmental silos, despite corporate "innovation" incentive programs. The response to dismal employee satisfaction ratings is for everyone to take an online course about how to be a good employee. Raises and bonuses are pathetic unless you're a manager level or above, then the company rewards you for how much your headcount has been reduced, and how soul crushed your employees are willing to be.

    Advice to ManagementAdvice

    I have none. Thomson Reuters has used the might of its corporate intelligence to engineer a way to captivate some of the best minds to do the most arbitrary and meaningless things for less money. Sometimes it's fun to joke about how awful your company is, right? I'm not laughing...

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 5 people found this helpful  

    Company future is like an aircraft locked in a flat spin; almost impossible to recover from and nearly always fatal

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Thomson Reuters full-time for more than 5 years

    Pros

    The air conditioning used to work.........sometimes.

    Cons

    This company is locked into a death spiral that will see it eventually broken-up or disappear completely. I can't see anyone walking in and wanting to buy it as a whole. The problem is that the majority shareholders, the Thomson Family, have a very aggressive policy of maintaining the Share price and Dividend nice and high. Yet every time Bank of America, UBS or Barclay's shed 6,000 jobs, the revenue stream falls.

    To maintain those shares and dividends, the solution - every time - is to squeeze the guys in the middle actually doing the work. You can get away with this a few times around the loop, but eventually you start shedding irreplaceable people, single points of failures. It also destroys the morale of the rest. An urge to write good code or check data is replaced by a need to browse Facebook. And every now and again the company will pull an even more outrageous stunt, like deferring the merit rise (which wasn't great to start off with) for 6 months because someone made an error in the books somewhere. When you have to explain this at home, you not only lose the support of the staff, but the families back home. That's why I don't work there any more. As we found in Vietnam, you don't win hearts and minds by going around burning stuff.

    Bloomberg of course don't have this problem, not having shareholders, and are free to run the company in a grown-up, mature manner that doesn't involve firing people you need every two minutes and upsetting the rest by piling more work on their plates.

    For the grunts on the ground, the way this company works is almost comical on occasions. With performance falling, the company decides people need to work in a more agile manner (OK) by......wait for it..............get ready.....using a different time recording tool. Pllllleeeeeeeeeeeaaaaaaaaaaaaaassssssseeeeeeeee...............as my 15 year old daughter would no doubt say.

    Advice to ManagementAdvice

    I wouldn't know where to start. There aren't enough electrons in the Universe. I'd recommend some "back to the floor" exercises to touch-base with the common employee; to see what motivates them, what are their worries, hopes, fears. To see what it's like to work with a ticketing system where Firewall changes take 2 years. Where requests to fix the air-con are lost, and you're analyzing thousands of pieces of data in temperatures of 90 degrees. Where you will only get a good end of year review if it is your "turn" within the team to do so. Where you live with a huge sword of Damocles hanging over your head, ready to fall next time Morgan Stanley fire 20,000 people.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 4 people found this helpful  

    We have MASTERED the art of laying off

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Thomson Reuters full-time for more than 8 years

    Pros

    Company starts you out with a better than norm salary

    Cons

    Don't expect merit increases or bonuses once you are hired

    Advice to ManagementAdvice

    Acknowledge the work of your employees. Show some appreciation other than laying them off.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. 3 people found this helpful  

    Developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Thomson Reuters full-time for more than a year

    Pros

    They provide benefits, it counts as Pros. It is hard to find what else...

    Cons

    Eikon division is an ugly place to work in. Completely talentless middle management, rude, screaming and lying boss. I could not read Dilbert cartoon while I was working there. It resembled my life too much.

    Advice to ManagementAdvice

    Scrap middle management. Think why there were so many failed projects?

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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