Thomson Reuters

  www.thomsonreuters.com
  www.thomsonreuters.com

Thomson Reuters Reviews in United Kingdom

Updated November 17, 2014
Updated November 17, 2014
2,674 Reviews
3.3
2,674 Reviews
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Thomson Reuters President & CEO James C. Smith
James C. Smith
849 Ratings

Review Highlights

Pros
  • The work-life balance is quite good since they are very flexible with the working hours (in 474 reviews)

  • Flexible timings - You are not forced to spend 9Hrs if no work - you can work from home (in 92 reviews)


Cons
  • Doing this constantly has caused some serious loss of work-life balance as someone who cares (in 47 reviews)

  • But wait, that's not quite enough to keep those senior management bonuses coming (in 86 reviews)

More Highlights

62 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Thomson Reuters - too big too fail

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Thomson Reuters full-time

    Pros

    TR offers the opportunity to work with some very nice and capable colleagues, the chance to take in-house courses, some travel, and adding a good brand name to your CV. Salary is competitive on first joining. Work-life balance potentially very good, depending on manager.

    Cons

    Strategy and direction appears to change every six months. The company makes redundancies on an annual basis, but this only ever affects normal employees, while incompetent managers and clueless senior executives are shifted from job to job instead of including them in the redundancies. Thomson Reuters tends to grow by acquisition but does not tend to get rid of the executives of the acquired company (see above). This means that companies take a long time to integrate and employees follow inefficient processes "because that's how we always did it at xyz acquired company". Big companies need to have processes, some bureaucracy etc., but TR takes it to a new level of inefficiency. It's like a leaky supertanker. It ends every year a bit lower in the water, and everyone's worried, but they chuck a good number of employees overboard at the end of each year, and so the ship stays afloat.

    Advice to ManagementAdvice

    Cut bureaucracy and get rid of highly paid non-performers.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    legal solutions - International Sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - International Business Development Manager in London, England (UK)
    Former Employee - International Business Development Manager in London, England (UK)

    I worked at Thomson Reuters full-time (more than an year)

    Pros

    Big Brand, easily recognisable across the globe.

    Cons

    decisions take an age to be made, basic salary was well below market rate, pay rise was laughable, commission structure favoured steady eddies and punished good/high performance sales people. line manager did not understand the products. bully-boy attitude of sales manager, crass "banter" very prevalent.

    Advice to ManagementAdvice

    require leaner management - lots of meetings about meetings (pointless waste of time and money)
    product I was working with requires greater sales involvement,
    business direction not really clear for the international market.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    It started well

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Central I T Manager
    Current Employee - Central I T Manager

    I have been working at Thomson Reuters full-time (more than 5 years)

    Pros

    Most areas of the company value work/life balance and encourage flexible working, but this is at the discretion of the local management. The culture is generally good although tensions arise from different parts of the company working autonomously.

    Cons

    The company is in the middle of consolidating after a period of growing inefficiently. This means regular rounds of job cuts which inevitably happen before consolidation efforts have taken effect. This is affecting morale and you will find a good number of employees hanging out for a pay off. The shared I.T. group is increasingly moving towards being outsourced with a retained management team based in the U.S.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Some good some bad - too many processes and not enough sparkle

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Thomson Reuters full-time

    Pros

    Some great people and ideas. Respectful attitude generally in the office. Some (not all) of the senior managers are inspirational, but sadly some of them are only interested in their bonuses and forget that other people actually have lives they want to lead...

    Cons

    IT systems are dreadful, impossible to get anything done, all the centralised functions are the same - process driven and no flexiility
    Default for position if things aren't going well is to have another restructure
    A lot of mediocre people with inflated job titles

    Advice to ManagementAdvice

    Open your eyes and stop praising for the sake of it.

  6.  

    Great company, lacking direction during structural change

    • 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

    Pros

    Great flexible environment, great for female employees, decent benefits

    Cons

    Management are too busy covering their own and forget about front line staff. A real top down approach to management which is not the kind of company that suits my personality.

    Advice to ManagementAdvice

    Listen to your people more and innovate from the bottom, not from the top. More transparency is needed.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Good for a short period

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director
    Current Employee - Director

    I have been working at Thomson Reuters full-time (more than 5 years)

    Pros

    Flexible work environment - or rather "how work should be anywhere"...! - interesting times ahead

    Cons

    Too many people, disorganised, over controlling senior management, slow

    Doesn't Recommend
    Negative Outlook
  8.  

    Long term employee feedback at Thomson Reuters

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Implementation Manager in London, England (UK)
    Current Employee - Client Implementation Manager in London, England (UK)

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

    Pros

    Good office culture, some great people working there. Flexible home working available.

    Cons

    Post merger, company is bloated at management level and as a result RE has repeated reorganizations so that eventually regardless of how excellent an individual is in their role or how valuable they are to a specific revenue stream, changes in management lead to such people being lost. I have seen this several times.

    Advice to ManagementAdvice

    Invest more in staff and be clear on the mission

    Recommends
    Negative Outlook
    No opinion of CEO
  9.  

    Good people to work with but frustratingly bureaucratic

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Thomson Reuters

    Pros

    Organisationally it's much more open than I would expect for the size and type of organisation, sometimes surprisingly so. This openness reflects in the grass roots culture with a much more relaxed atmosphere than is normally found in finance.

    There is a good work / life balance with working from home for those who want to the norm rather than the exception. So, in general it's a good company for those with young families

    Senior leadership has realised (c2012) that the finance and risk division needs to change, something that's driven by economic realities. There approach appears to be successful to some extent, which is given it's size is a good sign but as of 2014 they are still in the harsh reality of the changes

    Cons

    There are way to many barriers between the various parts of the organisation, especially in support services. Worse, the goals of large parts of IT services are at odds with the business drivers of other parts (save versus spend to make). The net result is that 1 day tasks take 6 weeks and some projects are simply impossible. This can be incredibly frustrating when delivering large/complex projects.

    There is still a lot of 'Old Income' focus, which given the decline in those revenues and financial state of the organisation needs to change: That is much harder than people think and one area to explore during interview

    Advice to ManagementAdvice

    Break down the barriers. IT services should be able to bring key technical staff together across the organisation quickly (minutes not hours or never). Focus on delivering service: Is the problem solved, how long did it take, not is the ticket closed.

    Become more flexible in the approach to IT service delivery - one size fits all selects the lowest common denominator, something that breaks the financial sector.

    Neutral Outlook
  10.  

    Challenging, but quite slow paced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Sales Analyst in London, England (UK)
    Former Employee - Senior Sales Analyst in London, England (UK)

    I worked at Thomson Reuters full-time (more than an year)

    Pros

    Global company, internal and international movement encouraged.

    Cons

    Lack of identity, too many buyouts of other companies, lacked focus

    Advice to ManagementAdvice

    Dont promise ICs things that you dont ultimately deliver on

    Recommends
    Negative Outlook
    No opinion of CEO
  11.  

    Two sides to this company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in London, England (UK)
    Current Employee - Analyst in London, England (UK)

    I have been working at Thomson Reuters full-time (more than an year)

    Pros

    Fascinating company with great products and interesting colleagues. The passion exhibited by employees is inspiring. Compensation and benefits are aligned well against the external market and the reputation of the company really enhances your CV.

    Cons

    This is entirely my experience of my particular division as I know others in the Company work in a more logical structure...

    There's an inability of management to delegate responsibility and therefore all decisions are made by committee so consequently very little is achieved. Far too many Director/VP roles and very few people to carry out the work that needs to happen. No career progression - promotions are not an option and teams change through external hires. Recent restructure means roles are far narrower - which makes the role content far less rewarding and far more mundane.

    Advice to ManagementAdvice

    Continue with the overall company direction, but focus in on less productive areas - possibly using satisfaction and attrition scores!

    Recommends
    Positive Outlook
    Approves of CEO

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