Thomson Reuters Reviews

Updated March 29, 2015
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3.0
70 Reviews
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Thomson Reuters President & CEO James C. Smith
James C. Smith
17 Ratings

70 Employee Reviews

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  1. Pros and cons

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Thomson Reuters

    Pros

    Flexible working, global opportunties, benefits

    Cons

    Poor support structure (IT, etc), constant restructuring

  2. Helpful (1)

    Seem unsure whether they want to stay in the financial services business

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

    I worked at Thomson Reuters full-time (more than 10 years)

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

    Pros

    Good culture and employee benefits befitting a large multinational. Strong infrastructure in place for employee advancement and entitlements. Great people at peer level

    Cons

    Budgets approved only to have travel, headcount and spending frozen in the 4th quarter each year. No extended business plan. Staff uncertainty because of redundancy regime that is becoming institutionalised. Promote staff mobility opportunities but in reality always up against budget constraints

    Advice to Management

    Let the financial and risk (read ex-Reuters) business flourish with some real investment outside Eikon. marketing needs to be increased outside of blog posts by those who need to be seen internally

  3. Good place if you want to settle in a less challenging environment

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Thomson Reuters

    Pros

    - good work/life balance
    - stable
    - modern offices
    - good location
    - recognisable name to have on your cv

    Cons

    - no career path
    - lots of bureaucracy
    - salary below market standards
    - poor benefits package
    - culture that doesn't motivate people to grow

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  5. Challenging and with a lot of emphasis on fitting in to a global culture

    • 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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    There are a wide range of jobs and diversity in career paths available

    Cons

    IT and system infrastructure is in the process of transformation, still many challenges to overcome

    Advice to Management

    Ensure that new systems are properly implemented and tested, not just how quickly something can be transformed. Rushed through projects mean that we have problems with our data which are then not easy to resolve.

  6. Helpful (1)

    Multiple personality corporate

    • 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

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

    Pros

    Great work life balance, some very talented dedicated people.

    Cons

    So many restructures and management changes that ensures lack of buy in from staff.

    Advice to Management

    Decide what you want to be when you grow up & execute plan cleanly & succinctly, otherwise death by a thousand cuts.

  7. Helpful (1)

    Lots of work, got laid off.

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

    I worked at Thomson Reuters

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

    Pros

    Nice staff and office. Other team members are open and helpful.

    Cons

    Got laid off, long working hours and low pay.

    Advice to Management

    Treat staff better

  8. Improvements Required

    • 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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great company in terms of benefits and working with talented individuals, although the work/life equation balances precariously at times. The company is very US centric due to the fact that it is headquartered there and 95% of the executive committee operate out of US locations, although there is scope for working overseas and travel. Promotion and movement within the (still largely) separate business units is possible.

    Cons

    A lot of internal work is now underway in terms of improving the culture, however these workshops do not filter down to those below a certain pay grade.

    Advice to Management

    In terms of HR, would like to see more talent management in practice for those lower middle managers, as well as the HR teams and senior managers weeding out those who are under-performing, via the performance management system. As a strategy overall, the company needs to actively leverage and share information across the business units.

  9. Interesting, but better for more experienced and senior people

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

    I worked at Thomson Reuters as an intern (less than a year)

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Time and workload, company values, environment, workplace, canteen

    Cons

    Not very exciting, difficult to start a career there and get to a top level positionin less than 15 years

    Advice to Management

    They should give a boost and push for performance

  10. Helpful (3)

    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

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

    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 Management

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

  11. 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 a year)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    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 Management

    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.

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